DECISIONS RELATED TO FINANCIAL AID ARE MADE CONCURRENTLY AT THE TIME OF ADMISSION DECISIONS.
The usual duration of the financial aid is for about four years. In line with many other international institutions, ISB might offer additional year(s) of funding at the discretion of the Faculty Advisor / Dissertation Chair and the FPM Director for selected students who have not been able to complete their dissertations in four years. Students on leave are not eligible for financial aid.
All students will be offered Tuition Fee waiver except for sponsored candidates.
In addition to the living expenses in the form of monthly scholarship (@ INR 55,000/- per month), On campus fully furnished free accommodation (shared accommodation for unmarried and studio for married students) will be provided subject to availability. In case “on campus accommodation” is not available additional allowance(@ INR 25,000/- per month) will be given towards house rent as per the existing policy.
In case, the student is sent to other schools on exchange programmes, at the request of the student, he/she may be granted additional scholarship at the recommendation of the FPM Committee.
It is mandatory for all students and their dependents living on campus to have medical insurance.
ISB will provide medical Insurance for each and every student, his/her spouse and upto 2 children. In addition to this, students are also provided travel insurance when they are on exchange programme / attend international conference approved by the Faculty Advisor and FPM Academic Director.