FOSTIIMA Scholarships 2026: Eligibility, Amount and How to Apply
Last updated: October 2026
FOSTIIMA scholarships can bring down what you pay for the two-year PGDM at FOSTIIMA Business School, Dwarka. Score 60% or more in Class 12 and graduation and you get an academic scholarship of Rs 25,000. Score 75 percentile or more in CAT or XAT and you qualify for the general scholarship.
Both are adjusted against the PGDM tuition of Rs 11,95,000. High CAT and XAT scorers can also look at the PGDM Elite (Select Group).
Here's who qualifies, how much you save, how to apply, what papers you need and where else you can find money.
Important: How FOSTIIMA Scholarships Are Given
You don't get cash. The amount comes off your PGDM fee. Your eligibility is checked during admission, so your marks and scorecard must be in on time.
What this means for you
- Fee cut: the scholarship is adjusted against your fee.
- Academic route: 60%+ in Class 12 and graduation gets Rs 25,000.
- Score route: 75+ percentile in CAT/XAT gets the general scholarship.
- Papers on time: late documents can cost you the award.
The institute makes the final call on every scholarship.
How Scholarships Work at FOSTIIMA
Two things are rewarded: steady marks and a good entrance score.
- Academic scholarship: Rs 25,000 for 60%+ in Class 12 and graduation.
- General scholarship: for 75+ percentile in CAT or XAT, amount as per policy.
- High scorers: PGDM Elite (Select Group) for strong CAT/XAT scores.
- Government schemes: National Scholarship Portal and state portals.
- Loans: banks lend for the AICTE-approved PGDM.
Merit-Based Scholarships: Programme-Wise Breakdown
Jump straight to your programme:
| Criteria | Requirement |
|---|---|
| Class 12 (10+2) | 60% or above |
| Graduation | 60% or above |
| Scholarship amount | Rs 25,000 |
Tuition after this scholarship: Rs 11,70,000.
For students who did well in school and college. Good if your marks are strong but your entrance score isn't.
| Criteria | Requirement |
|---|---|
| Exam | CAT or XAT |
| Minimum score | 75 percentile |
| Scholarship amount | As per institute policy |
75 percentile is also the preferred admission mark, so it helps you twice.
Linked to your entrance score. The school's policy sets the amount.
| Your Profile | Academic Scholarship | General Scholarship |
|---|---|---|
| 60%+ in Class 12 and graduation, CAT/XAT 75+ | Eligible | Eligible |
| 60%+ in Class 12 and graduation, CAT/XAT below 75 | Eligible | Not eligible |
| Below 60% in Class 12 or graduation, CAT/XAT 75+ | Not eligible | Eligible |
| Below 60% in Class 12 or graduation, CAT/XAT below 75 | Not eligible | Not eligible |
| 60%+ in Class 12 and graduation, applying with CMAT, GMAT or FEAT | Eligible | Linked to CAT/XAT only |
Based on the stated criteria. The institute decides.
Find your case.
Other Ways to Fund Your PGDM
If the institute award isn't enough, mix it with these.
PGDM Elite (Select Group)
For high CAT/XAT scorers. Fee Rs 12.5 Lakh. Ask what benefits come with it.
Government scholarships
Have a look at the National Scholarship Portal and your state's portal. Schemes there go by income, category and course, and every one has its own last date.
Education loans
The PGDM is AICTE approved, so banks lend for the fee left after your scholarship. Seven instalments from Rs 75,000 suit loan payouts.
Interest subsidy
If your family income is on the lower side, the government has interest subsidy schemes on education loans. Worth checking.
Tax benefit
Education loan interest may qualify under Section 80E of the Income Tax Act. Check current rules.
Scholarship Rules to Confirm
Ask the admissions office these before your first instalment.
- Exact amount Which scholarship do you get, and how much? For the general scholarship, ask what your CAT or XAT percentile is worth.
- Combining awards Ask whether the academic and general scholarships can be combined.
Don't assume they add up.
- Which instalment Ask which of the seven instalments the scholarship comes off.
- Keeping it Ask if you need minimum grades or attendance during the PGDM to keep it.
- In writing Get the scholarship confirmed in writing.
How to Apply for a FOSTIIMA Scholarship
There's no separate form. It's checked during admission.
- Fill in the application form (Rs 1,200) with correct marks and CAT/XAT percentile.
- Submit Class 12 and graduation mark sheets and your scorecard at documentation.
- Clear the written test, GD and PI.
- After selection, the institute confirms your scholarship and adjusts it against the fee.
Marks on your mark sheets must match what you typed in the form.
Is FOSTIIMA Worth It With a Scholarship?
For most students, yes. Say you get the academic one, tuition drops to Rs 11,70,000. Now put that next to an 11.8 LPA average, a 30 LPA top offer and 100% placement. And you still get the laptop, books, leadership camp and the 4 to 5 day trip abroad in that fee. Before you pay though, ask these:
- Which scholarship am I eligible for, and how much?
- How much is the general scholarship for my percentile?
- Can I combine both?
- In which instalment will it be adjusted?
- Are there grade or attendance conditions?
- Will I get it in writing?
How Much Can You Save?
| Particulars | Amount (Rs) |
|---|---|
| PGDM tuition fee | 11,95,000 |
| Less: Academic scholarship | 25,000 |
| Fee after academic scholarship | 11,70,000 |
| Add: Application fee | 1,200 |
| Total payable to the institute | 11,71,200 |
If you also get the general scholarship, ask how much more comes off.
Scholarship Timeline
| Stage | What Happens | Scholarship Step |
|---|---|---|
| Application | Submit the form with Rs 1,200 | Enter your marks and CAT/XAT percentile |
| Documentation | Submit mark sheets and scorecard | Eligibility is checked |
| Selection rounds | Written test, GD and PI | Finish selection |
| Admission offer | Selected candidates get an offer | Scholarship confirmed |
| Fee payment | Seven instalments from Rs 75,000 | Scholarship adjusted against the fee |
Documents Required
- Class 12 mark sheet
- Graduation mark sheets for all years or semesters
- CAT or XAT scorecard with percentile
- Class 10 mark sheet
- Valid photo ID
Mistakes That Cost Students a Scholarship
- Rounding up marks in the form.
- Not handing in the CAT or XAT scorecard.
- Sending documents late.
- Never asking whether you qualify.
- Forgetting the academic route: even with a modest score, 60% in Class 12 and graduation gets Rs 25,000.
Tips to Get the Most Scholarship
- Aim for 75+ percentile in CAT or XAT.
- Keep 60%+ in Class 12 and graduation.
- Fill in marks exactly as on your papers.
- Hand in documents on time.
- Ask about the Select Group if your score is high.
- Use government scholarships and loans for the rest.
Scholarship vs Placements
| Particulars | Figure |
|---|---|
| Fee after academic scholarship | Rs 11,70,000 |
| Average package | 11.8 LPA |
| Median package | 11.6 LPA |
| Highest package | 30 LPA |
| Placement rate | 100% |
Frequently Asked Questions
Yes, academic and general scholarships, both adjusted against the PGDM fee.
Rs 25,000 for 60% or above in Class 12 and graduation.
For 75 percentile or above in CAT or XAT. Institute policy sets the amount.
75 percentile or above in CAT or XAT.
Rs 11,70,000, down from Rs 11,95,000.
No. It reduces your fee.
The general scholarship is for CAT/XAT. With 60%+ in Class 12 and graduation, you still get the academic one.
A track for high CAT/XAT scorers. Fee Rs 12.5 Lakh.
Enter marks and percentile in the form and submit papers at documentation. The institute checks eligibility.
Check the National Scholarship Portal and your state portal for schemes by income, category and course.
Yes, for the remaining fee. The PGDM is AICTE approved.
Yes. Rs 11,70,000 tuition against an 11.8 LPA average and 100% placement.
Scholarship details are from FOSTIIMA's published information. The institute decides every award, so confirm the current policy and amount in writing before paying.