PGP Fees and Scholarships
PGP
Fees and Scholarships
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Financial Aid
We believe that talent and potential, not financial circumstances, should determine your ability to attend ISB. Our comprehensive financial support ensures that promising leaders can access world-class business education. Each year, approximately 25% of our PGP students receive financial support. For those with significant financial needs, we offer full tuition aid covering on-campus expenses.
| 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 backgrounds 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 not more than INR 18,00,000 (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 | Applicants who are currently working abroad and are planning to come back to India can apply. | Essay | 25% | Waiver |
| Diversity | Armed Forces Scholarship | Offered in honour of the armed forces personnel, who while risking their lives, are continuously at the helm of keeping our nation safe. | No separate application required | 50% | Waiver |
Essay and supporting documents
| 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 separate 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 separate 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 separate 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 | 25% | N/A | Waiver |
| Need-cum-Merit | Vidula Jalan Scholarship | Instituted in memory of Late Vidula Jalan, an alumna of the School from the PGP Co2003, the scholarship is a generous gift by the Anshuman and Vidula Jalan Foundation, which will be awarded on a need-cum merit basis to two PGP students (one female and one male), commencing from the Class of 2025 | ISB Need-cum-merit based application Essay and supporting documents | 100% | N/A | Waiver / Refund |
| Diversity cum Merit | Indira - Vasudha Scholarship | Yashraj Erande, an alumnus of PGP Class of 2006, has instituted a tuition waiver to be granted annually to one female PGP candidate. The waiver will cover up to 25% of tuition fees based on merit. | Application for the tuition waiver | Up to 25% | N/A | Waiver / Refund |
| Need-cum-Merit | 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. | No separate application required | N/A | N/A | Waiver |
| Need-cum-Merit | PGP Class of 2024 | The PGP Class of 2024 has instituted a tuition waiver to be granted to one PGP candidate. The waiver will cover up to 25% of tuition fees based on need cum merit. | No separate application required | N/A | N/A | 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 school reserves the right to add, withdraw or modify any of the criteria, amount and count for all the tuition waivers/scholarships cited above.
✔ Collateral free loan
✔ No prepayment charges/foreclosure charges
✔ Repayment tenure as long as 15 years with a very low EMI
✔ 100% tax benefit for interest paid under Sec (80E)
| AXIS BANK EDUCATION LOAN-TERM AND CONDITIONS* | ||
| INDIAN SCHOOL OF BUSINESS, HYDERABAD | ||
| S.No | Parameters | Details |
| 1 | Eligibility | Student should be an Indian national & have secured admission on merit basis through entrance test/selection process of the Institute |
| 2 | Course Name | PGP |
| 3 | Unsecured Loan Amount | Unsecured loan amount up to Rs 50 lakh |
| 4 | Repayment Type/ Repayment Tenure/ROI | Immediate EMI, 10 yrs, 8.25% Moratorium Applicable (Course period + 6 months), 15 yrs, 8.25% |
| 5 | Margin | 5% margin on loan amount above 4 lakh |
| 6 | Processing Charges | Applicable as per bank norms |
| 7 | Loan Disbursement | To the institute (Indian School of Business) |
| 8 | Co-Applicant | Applicable as per Axis Bank norms for Principal Moratorium Cases* |
| 9 | Insurance | Max Life Insurance |
| 10 | Axis Bank Contact | Jagadishwar Reddy +91-9959681469 patlolla1.reddy@axisbank.com Mr. Lakshmikanth Samaya Mobile No: +91-8297133888 Email ID: lakshmikanth.samaya@axisbank.com |
*Approval, sanction and disbursement subject to bank's internal policy checks, process and eligibilty
| Maximum Loan Amount | Rs. 40 lacs |
| Margin Money | Nil |
| Repayment Period | -For loans up to Rs. 7.50 lakhs: Maximum 10 years (excluding moratorium) -For loans above Rs. 7.50 lakhs: Maximum 15 years (excluding moratorium) |
| Moratorium Period | Course period + 1 year |
| Rate of Interest | Starting from @ BRLLR - 1.00% i.e 8.15% |
| Repayment Type | EMI/Simple Interest/Token Amt/Complete Moratorium |
| Processing Fee Amount | Nil |
| Collateral Security | - Up to Rs. 40.00 lakhs: Co-obligation of parents/guardian and assignments of future income. |
| Mode of Application | 1. Digital Lending Platform (https://dil2.bankofbaroda.co.in/el/) 2. Manually through the nearest Bank of Baroda - Branch |
| Pre-payment Charges | Nil |
| Contact Point | Hyderabad- ELSC, # 1-8-664, 2nd floor, Plot No. 21/1, M. H. Bhavan, Azamabad, Near RTC Kalyana Mandapam, Hyderabad-500020. Email: elsc.hyderabad@bankofbaroda.com Point(s) of Contact: for Sales Mr D Satyanarayana Raju Chief Manager, ELSC Hyderabad Mobile No: 9030912231 Mr D Ranjit Darahas, Manager Mobile No: 8297687339 |
| Maximum Loan Amount | Up to 45 Lakhs (Unsecured/Secured options available) |
| Interest Rate | 8.95% Onwards |
| Repayment Period | Up to 168 months |
| Acceptable Security/Collateral | Immovable Property, Fixed Deposit |
| Co-borrower | Father, Mother, Spouse |
| Income Tax Benefit | Yes, possible under section 80E of the Income Tax |
| Margin | Nil |
| Key Benefits |
|
| Contact Point |
Credila Financial Services Limited‘s Dedicated Relationship Managers – Mr. Dibyananad Behera – 7391058833 Email : dibyananda.behera@hdfccredila.com Mr. Nitesh kumar – 7799834111 Email : nitesh.kumar@hdfccredila.com |
| Loan Amount | Need based to meet expenses for completion of the course. Reimbursement is allowed for fee paid by the student if any, for the 1st semester. |
| Margin | (PGP- 1 year full time/ Residential programme): -15% However loan upto 100% (With Nil margin) can be considered. |
| Rate of Interest | ROI 8.10 |
| Security | NIL for Loan uptoRs. 40.00 Lac |
| Moratorium Period | For PGP -1 year full time/ Residential Program: Course Period + 1 Year For Executive Management Program/ Executive MBA (viz. on Part time/ Distance Education mode to working professionals): NIL |
| Repayment | For PGP -1 year full time /Residential Program: 180 EMIs/PMIs after the moratorium period Executive Management Program/ Executive MBA (on Part time/ Distance Education mode to working Professionals): 120 EMIs commencing from the next month after first disbursement. |
| Processing Fee | NIL |
| Insurance | Group Life Insurance Policy for the Loan amount sanctioned covering the entire period of loan is mandatory [ IB VidhyarthiSuraksha (PNB Met Life)/ New IB JeevanVidya (LIC)] or under any other policy as desired by the student. |
| Co-borrower | Co borrower is optional |
| Income Tax Benefit | Yes, Under Section 80E of the Income Tax Act |
| Contact Point |
Hyderabad Deepak Singh Chief Manager - 9848172875/9444218960 Smt. Prohelee Das, Loan officer -040-2300 0889 Gachibowli Branch, Hyderabad. Email: gachibowli@indianbank.co.in Mohali Smt. Smriti , Senior Manager– 9161875222 Smt.Bhumika Rathre ,Assistant Manager- 9872547443 Email: isbmohali@indianbank.co.in ISB Mohali Campus branch, Mohali |
| Maximum Loan Amount | Rs.50 Lakhs only |
| Margin Money | Not applicable |
| Course Period | 12 Months |
| Repayment Period | 180 months apart from moratorium |
| Moratorium Period | For full time courses: 12 months For part-time courses: Course period + one month |
| Rate of Interest | 8.10% Floating |
| Repayment Options | Standing Instruction with SBI and OR ECS mandate with other bank’s salary account |
| Processing Fee Amount | NIL |
| Insurance Cover | Optional |
| Collateral Security | NIL |
| Co-borrower |
Optional |
| Pre-payment Charges | NIL |
| Contact Point |
Mrs. Jayashree Nirmalaya (Deputy Branch Head) Phone No: 8247869002 Mr. K Sekhar (Field Officer) Phone No: 9133175935 Mrs Jyothi S Phone No: 8688284732 sbi.05916@sbi.co.in Mohali Main Branch: Mr. Deepak Kumar (Branch Head) Phone No: 9766939993 Ms. Konica Sharma (Deputy Branch Head) Phone No: 9816650471 Mr. Ajay Sood (Coordinator Ed. Loans) Phone No: 7508128080 Email ID: SBI.01828@SBI.CO.IN |
| Branch Address |
STATE BANK OF INDIA, ( Hyderabad) Hyderabad University Campus Branch(05916) opp: University of Hyderabad, Gachibowli, Serilingampally Mandal, Ranga Reddy District, Telangana-500019 EMAIL: sbi.05916@sbi.co.in SBI Mohali Campus, SCO 35, Near Franco Hotel, Phase 1, Mohali |
Programme Fee
The programme fee for the academic year 2025-26 is ₹33,16,000 + taxes (for shared accommodation and single installment payment). The fee includes: Admissions & Tuition Fees, course material and boarding and lodging.