Fees, Scholarship & Financial Aid Information for ISB

ParticularsShared AccommodationStudio Accommodation
Admission Fee – Payable at the time of offer acceptance
Admission Fee (non-refundable) + applicable GOI taxesRs.3,54,000Rs.3,54,000
Tuition & other costs – Payable by 2025
Tuition FeeRs.24,72,000Rs.24,72,000
Campus accommodationRs.2,89,000Rs.5,16,000
Total FeeRs.27,61,000Rs.29,88,000
Add: Service Tax + Cess (Net Present Rate: 18%)Rs.4,96,980Rs.5,37,840
Total Fees (inclusive of taxes)Rs.32,77,980Rs.35,45,840
ISB Alumni Association membership contributionRs.29,500Rs.29,500
Interest-free refundable security depositRs.20,000Rs.20,000
Total Amount Payable (in INR)*Rs.32,75,750Rs.36,18,000

*Taxes as applicable.
**Payable as per the prevailing exchange rate at the time of the fee payment so that the amount realized by the School in INR. is equivalent to the “Total Amount Payable (in INR)”
Study Material Costs & Food Expenses, international exchange we would be extra. The cost of an E-Course pack for the PGP Class of 2025 is approximately Rs 50,000 Cost would be more if students opt for Print or Print + Digital copies of the course pack

ISB Tuition Waivers

WaiverAmountCountCriteriaApplication ProcessApplication Deadlines
Full tuition fee waiversFull tuition fees73 Merit-based, at the discretion of the Admission Committee. Only for Cycle 1 applicants.No need for a separate application.Not applicable
Partial tuition fee waiversINR. 5 – 10 Lakh25 to 30Merit based, at the discretion of the Admission Committee.No need for a separate application.Not applicable
Need based tuition fee waiversINR. 5 Lakh25 to 30Applicants with family income (including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepreneurial & self-employed background will not be considered. Applicants who have studied or worked outside India will not be considered.Application and essay topic available as a part of the PGP application.Respective application Cycle deadline.
ISB – AIESEC waiversINR. 5 Lakh3Merit based, at the discretion of the Admission Committee. Only for AIESEC alumni.Application and essay topic available as a part of the PGP application.Respective application Cycle deadline.
Diversity waiversINR. 5 Lakh5-10Merit based, at the discretion of Admission Committee.No need for a separate application.Not applicable

International Scholarships

Name of ScholarshipAmountNo.CriteriaSelection ProcessApplication Dates
ISB Merit Waivers25% to 100% of the Tuition Fee16Only for applicants of Non-Indian originBasis the merit of their Admission applicationNo separate application required
No separate application requiredINR. 1 Million2AIESEC alumni of non-Indian originOverall merit along with an essay.To be submitted along with the admission application.
Bridge to India ScholarshipINR. 0.5 to 1 million3Indian Passport holders based outside India.Overall merit along with an essay.To be submitted along with the admission application.
La Caixa and Casa Asia ScholarshipTotal expenditure3Spanish Citizens with under-graduation from a Spanish University.Refer to LaCaixa websiteAs prescribed by LaCaixa

Corporate and Other Scholarships

ScholarshipAmountCountCriteriaProcess
Aditya Shembekar ScholarshipINR. 4 Lakh1Applicants with family income(including applicant’s income) of less than INR. 10 lakh per annum. Applicants from family business, entrepreneur-eurial&self-employed backgrounds will not be considered. Applicants who have studied or worked outside India will not be considered.Evaluation based on the PGP need-based waiver application– a part of the PGP application form.
PGPMaxClass of2012 endowmentINR. 5 Lakh1Applicants with family income(including applicant’s income) of less than INR. 10 lakh per annum. Applicants from the family business, entrepren- eurial&self-employed backgroundwill not be considered.Applicantswho havestudied orworkedoutsideIndiawill not be considered.Evaluation on thebasis of the PGPneed-based waiversapplication– a part of the PGPapplication form.
Bajaj AutoScholarFull Tuition3Merit based,at thediscretionof therespectiveapplication year’s AdmissionCommitteeEvaluation on thebasis of the PGPneed-based waiversapplication
Citi ScholarUS$ 12,500or equivalentINR.2 to 4Merit based,at thediscretionof thesponsorApplication andpersonal interviewafter enrolmentin the PGP Class.
ISBAlumniendowmentINR. 8 to 10 Lakh1Merit based,at thethe respectiveapplicationyear’sAdmission CommitteeEvaluation on thebasis of thePGP application.
Class of2011alumniendowmentINR. 4 Lakh1Applicants withfamily income(including applicant’sincome) of less thanINR. 10 lakh per annum.Applicants fromfamily business,entrepreneurial &self-employedbackground willnotbe considered.Applicants whohave studied orworked outsideIndia will notbe considered.Evaluation onthe basis of thePGP need-basedwaivers application- apart of the PGPapplication form.
Novartis ScholarshipINR. 4 Lakh3Need based,only for femalestudents whohavecompleted theirschooling fromnon‘A’ class town.Applicantsfrom familybusiness,entrepreneurial&self-employedbackground willnot beconsidered.Applicantswho have studiedor workedoutsideIndia will notbe considered.Eligible profileswill be forwarded bythe AdmissionsOffice to Novartis.No interview involved.
Nurture India ScholarshipINR. 6 to 7 Lakh1Granted toan admitted studentwho is the solebread earner of thefamily withdependant parents /siblings with no orvery little income.Applicantsfrom family business,entrepreneurial& self-employedbackground will notbe considered.Applicantswho have studiedor worked outsideIndia will notbe considered.Evaluation on thebasis of the PGPneed-based waiversapplication – a partof the PGPapplication form.
D’Decor Tuition WaiverINR. 5 Lakh4Applicants withfamily income(including applicant’sincome) of less thanINR. 10 lakh perannum.Applicantsfrom family business,entrepreneurial &self-employedbackground willnot be considered.Applicants whohave studied orworked outsideIndia will notbe consideredEvaluation on thebasis of the PGPneed-based waiversapplication – a partof the PGPapplication form.
Hitachi Tuition WaiverINR. 5 Lakh2Applicants with familyincome (including applicant’sincome) of less thanINR. 10 lakh per annum.Applicants fromfamily business,entrepreneurial &self-employed backgroundwill not be considered.Applicants whohave studied or workedoutside India willnot be consideredEvaluation on thebasis of the PGPneed-based waiversapplication – a partof the PGPapplication form.