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Scholarships

The Financial Aid & Scholarship office is to facilitate prospective and enrolled students to pursue their academic goals without any financial hindrance and with peace of mind. This is to ensure that once a student is admitted on merit he/she is allowed to continue as long as he or she is maintaining the required criterion. The Financial Aid & Scholarship office is responsible for catering to students in accordance with the policies and procedures of the Institute.

Sources

Educational Assistance on Need

IoBM grants Educational Assistance (EA) to its regular students. It is a 50% waiver of the tuition fee and is automatically renewed for the next semester.

Scholarships

Various scholarships are available for students who display merit and need. Special scholarships programs are available for deserving students of Interior Sindh and TCF Alumni.

Endowment Fund

Various endowment funds have been set up by IoBM, Public donors and Private donors to provide financial assistance for students who deserving and in need. 

Requirements

Educational Assistance on Need

Program Eligibility Criteria
Bachelors Semester GPA 2.80 & CGPA 2.50 with minimum 05 courses
MBA-Regular Semester GPA 3.20 & CGPA 3.00 with minimum 05 courses
MBA-Regular (after bachelors) Semester GPA 3.20 & CGPA 3.00 with minimum 03 courses
MBA Weekend Semester GPA 3.20 & CGPA 3.00 with minimum 03 courses
MBA Evening & MBA specialized programs Semester GPA 3.20 & CGPA 3.00 with minimum 03 courses
(If working full time)
Semester GPA 3.20 & CGPA 3.00 with minimum 04 courses
(If not working)
MPhil / MS / PhD Semester GPA 3.20 & CGPA 3.00 with minimum 2 courses

Merit Scholarship

Program Eligibility Criteria
Bachelors Semester GPA 3.50 & CGPA 3.40 with minimum 05 courses
MBA-Regular Semester GPA 3.60 & CGPA 3.40 with minimum 05 courses
MBA-Regular (after bachelors) Semester GPA 3.60 & CGPA 3.40 with minimum 03 courses
MBA Weekend Semester GPA 3.60 & CGPA 3.40 with minimum 03 courses
MBA Evening & MBA specialized programs Semester GPA 3.60 & CGPA 3.40 with minimum 03 courses
(If working full time)
Semester GPA 3.60 & CGPA 3.40 with minimum 04 courses
(If not working)
MPhil / MS / PhD Semester GPA 3.60 & CGPA 3.40 with minimum 2 courses

Contact For Scholarship

We are open on Monday – Saturday from 9am till 5pm, except on Fridays.

Financial Assistance Department

Muhammed Hassan Sayeed

Admissions Department, Administration Building
Institute of Business Management, Korangi Creek-75190

  • (+92-21) 111-002-004 Ext. 459
  • financial.assistance@iobm.edu.pk

Frequently Asked Questions

What types of scholarships are available?

There are two types of scholarships are available, Educational Assistance on Need and merit based scholarships.

What are my chances of gaining a scholarship?

If you apply for Educational Assistance on Need, you have to submit all the required documents as mentioned in the form and a survey of your house will be conducted to judge your need. Your case will be presented to the Finance & Planning Committee (F&PC) for review and the decision is based on your need and an academic performance. The merit scholarship is awarded if you are meeting the GPA/CGPA criteria and house survey is not required.

Where can I go to discuss regarding the scholarships procedure?

You can email/call OR visit the Scholarships & Financial Aid section in the Admissions department to discuss.

Can I apply for a scholarship before being accepted to a university?

No, you can apply once you become our student.

How do I know if I am eligible to apply?

Please refer to the eligibility criteria in the scholarship section.

What should I submit with my Scholarship/Education Assistance application?

For Education Assistance:

  • One passport size photograph
  • Current Income Proof of Parent/Guardian/Self/Mother/Siblings etc. or Annual Income tax return
  • Copy of last paid utility bills (Electricity, Telephone, Gas & Water)
  • Copy of rent agreement or receipt of rent payment if residing in a rented house
  • Copy (latest) of paid fee challan of siblings’ school/college/university fee (if applicable)
  • Proof of any other income or any amount remitted from another city or country (if applicable)
  • Copy of last qualification degree / mark sheet (for new students)
  • Copy of CNIC of Parent/Guardian
  • If you are applying for a merit scholarship, the following documents are required:

  • One passport size photograph
  • Current registration slip
  • Overall transcript
  • When and from where can I get a scholarship form?

    Scholarship forms are issued by the Admissions department twice a year in the following months:

  • From January 1st to 15th and the last date for form submission is January 31st
  • From July 1st to 15th and the last date for form submission is July 31st
  • How long does it take to receive a scholarship?

    It will take three to four months after submitting the scholarship application. Applications of Educational Assistance on Need and merit scholarship are presented to the Finance & Planning Committee (F&PC) meeting which meets twice in a year in the m/o May and October. However, 50% fee of those students who applied on need is deferred till the final decision.

    How do I know that my application is approved or not?

    A letter will be sent through email to your student email ID.

    Do I have to pay the full amount after submitting an application?

    You have to pay the following amount as per your application category:

    If applying for Educational Assistance on Need

    You have to pay 50% tuition fee and full registration fee. The remaining 50% tuition fee will be deferred till the announcement of your application status.

    If applying for merit scholarship

    You have to pay the full fee and if the scholarship is awarded then 50% tuition fee will be provided which will be utilized in subsequent semesters.