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1 |
Commitment fee (Payable as per “date of payment” as specified in the offer letter) |
Rs.200,000 |
2 |
GST @ 18% |
Rs.36,000 |
|
Total Commitment fee |
Rs.236,000 |
|
|
Amount payable if paid in single installment |
Amount payable if paid in two installments |
||||
|
|
1st Installment |
2nd Installment* |
||||
|
|
Shared Accommodation |
Studio Accommodation |
Shared Accommodation |
Studio Accommodation |
Shared Accommodation |
Studio Accommodation |
|
|
Due on or before 14-03-2024 |
Due on or before 14-03-2024 |
Due on or before 31-08-2024 |
|||
3 | Tuition fee |
24,72,000 |
24,72,000 |
12,36,000 |
12,36,000 |
12,36,000 |
12,36,000 |
4 |
Accommodation fee |
2,89,000 |
5,16,000 |
1,44,500 |
2,58,000 |
1,44,500 |
2,58,000 |
|
Total |
27,61,000 |
29,88,000 |
13,80,500 |
14,94,000 |
13,80,500 | 14,94,000 |
5 |
Interest @ 6% on 2nd Installment |
- |
- |
- |
- |
38,578 |
41,750 |
|
Subtotal |
27,61,000 |
29,88,000 |
13,88,000 |
15,01,500 |
14,15,657 |
15,32,683 |
6 |
GST @18% |
4,96,980 |
5,37,840 |
2,48,490 |
2,68,920 |
2,55,434 |
2,76,435 |
7 |
Security Deposit (Interest free - refundable at the end of the academic year subject to recoveries if applicable) |
20,000 |
20,000 |
20,000 |
20,000 |
- | - |
8 |
Total payable (SI.No. 2-7) |
32,77,980 |
35,45,840 | 16,48,990 |
17,82,920 |
16,74,512 |
18,12,185 |
ISB reserves the right to accept delayed payment between 15th March and 13th April 2024 with a late payment fee of INR 10,000/- plus taxes. The decision of the authorized person of ISB shall be final in such cases.
You may download the details of the fee structure for the purpose of applying for an educational Loan.
a. Taxes (*) shall be payable as per the rates applicable at the time of payment.
b. Deferral deposit remitted shall be set off against the amount payable at the time of enrolment.
c. Tuition fee waiver awarded, if any, shall stand withdrawn if the student withdraws from the programme before graduation or in case of any disciplinary
Other Estimated Expenses for PGP 2024-25 per Student on Campus*
S.No |
Particulars |
Approximate Amount in Indian Rupees per annum |
1 |
Books |
20,000 |
2 |
Laptop |
50,000 |
3 |
Meal Plans |
75,000 |
4 |
Other expenses towards: IT support, laundry, electricity, documentation expenses, photocopy charges etc. |
50,000 |
5 | International Exchange Program Cost | 4,50,000 |
|
Total: |
6,45,000 |
*This is only an indicative amount
Category | Name of the scholarship | Description | How to apply ? | Scholarship as % of Tuition Fee | Mode of disbursal |
---|---|---|---|---|---|
Merit | Dean Don Jacob's Memorial Scholarship | Awarded to an applicant high on merit. | No separate application required | 50% | Waiver |
Merit | Prof.Manasa Mandava Memorial Scholarship | Awarded to a woman applicant high on merit. It will be awarded in two tranches, the first tranche 25% of the tuition fee at the start of the programme and the second after completion of the core terms. | No separate application required | 50% | Waiver |
Merit | ISB Merit Waiver | All applicants will automatically be considered for the available merit-linked tuition waivers. | No separate application required | 25%-100% | Waiver |
Diversity | ISB Merit by Diversity Waiver | The applicants coming from diverse back grounds in Education or Profession and high on merit will be considered. | No separate application required | 25%-100% | Waiver |
Diversity | International Diversity Waiver | The applicants with international passport and high on merit will be considered. | No separate application required | 25%-100% | Waiver |
Need-cum-Merit | ISB Need-cum-Merit Waiver | Family income is not more than INR 18 Lakhs (including applicant’s pre-ISB income) | Essay and Proof of income for self and family | 25% | Waiver |
Diversity | AIESEC – ISB Waivers | The applicants who are also AIESECERs can apply for this waiver. | Essay and proof of AIESEC | 25% | Waiver |
Diversity | Bridge to India Waiver | The applicants who are currently working abroad and are planning to come back to India can apply. | Essay | 25% | Waiver |
Category | Name of the scholarship | Description | How to apply ? | Scholarship as % of Tuition Fee | Scholarship Amount in Lakhs | Mode of disbursal |
---|---|---|---|---|---|---|
Merit | Bajaj Auto Scholarship | Bajaj Auto sponsors three merit-based scholarships. The awardees of this scholarship are known as "Bajaj Auto Scholar". | No separate application required | 100% | N/A | Waiver |
Merit | Deepak Parayanken Tuition Waiver | Deepak Parayanken, alumnus of PGP Class of 2011 sponsors two merit-based scholarships and at least one of these is awarded to a female student. | No separate application required | N/A | 15 | Waiver |
Need-cum-Merit | Need-cum-Merit Scholarship (Anonymous Donor) | The donor has sponsored need-based scholarships for PGP programme. The scholarship amounts will be paid into the awardees' accounts after enrolment. ISB Need-cum-merit based criteria. | ISB Need-cum-merit based application | 25%-100% | N/A | Paid to student's account |
Need-cum-Merit | Anonymous Donor | The donor has sponsored need-based scholarships for PGP programme. ISB Need-cum-merit based criteria. | ISB Need-cum-merit based application | 25% | N/A | Waiver |
Merit | Alumni Endowment Fund Tuition Waiver | The Alumni Endowment Scholarship awards two merit-based scholarships to the students of PGP programme every year. | No seperate application required | 25% | N/A | Waiver |
Diversity, Need & Merit | Visiting faculty Scholarship | The visiting faculty scholarship is awarded to an international student of PGP programme every year. | No seperate application required | 25% | N/A | Waiver |
Need-based | Ramesh C. Khanna Nurture India Scholarship | Amit Khanna, alumnus of PGP Class of 2004, has instituted this need- based scholarship and it is awarded to student who is the sole earning member of her/his family. An essay needs to be submitted, based on which the donor would select the candidate. ISB Need-cum-merit based criteria | Essay and supporting documents | 25% | N/A | Waiver |
Diversity or Need | Ishwar Prakash Agarwal Scholarship | Alok Aggarwal, alumnus of PGP Class of 2004, has instituted a scholarship for differently/specially abled. If none qualifies, this scholarship will next be offered to Women returning back to work after sabbatical/raising family. | Essay and supporting documents | N/A | 6 | Waiver |
Merit or Need | Aakash Tuition Grant | Aakash Chaudhry, alumnus of PGP Class of 2004, has instituted a need /merit-based scholarship for PGP Programme. | No seperate application required | N/A | 5 | Waiver |
Need-based | Jagannath Arora Scholarship | Neeraj Arora, alumnus of PGP Class of 2006 sponsors a need- based scholarship in the name of his father Mr. Jagannath Arora. The awardee of this scholarship is known as "Jagannath Arora Scholar". ISB Need-cum-merit based criteria. | ISB Need-cum-merit based application | N/A | 5 | Waiver |
Need-based | PGPMAX Co 2012 Scholarship | Sponsored by the Alumni of PGPMAX Class of 2012, this need-based scholarship is awarded to applicants coming from the social sector. The applicants will have to submit an essay on "Giving back to the society", based on which the awardee would be selected. ISB Need based criteria. | Essay and supporting documents | N/A | 5 | Waiver |
Need-based | Aditya Shembekar Scholarship | As a commemorative gesture, the alumni of PGP Class of 2013, Aditya's family, and friends instituted a scholarship known as Aditya Shemberkar scholarship which is awarded to a student of PGP programme every year. ISB Need based criteria. | ISB Need-cum-merit based application | N/A | 5 | Waiver |
Category | Name of the scholarship | Description | How to apply ? | Scholarship as % of Tuition Fee | Mode of disbursal |
---|---|---|---|---|---|
Need | ISB's Develop India Scholarship | This scholarship has been instituted by the school to help graduating students of ISB venturing into social impact start-ups, Non-Profit / NGO and Development sector or are returning back to PSU/Govt Sector and have Educational loan | Application with SOP | EMI upto 24 months | Paid to the student's Loan account |
Note:
*All applicants are considered for Merit scholarships by default.
*Each applicant will be eligible to receive only one of the tuition waivers.
*The information provided aims to be accurate as far as possible at the time of publication. The school reserves the right to add, withdraw or modify any of the criteria, amount and count for all the tuition waivers/scholarships cited above at any time