The fact that a student needs financial assistance will not hamper his admission prospects. The best institutes give priority and preference to requisite talent and not capacity to pay the fees as a key criterion in the selection process. The IIMs specifically mention that once a student is selected, his ability to pay the tuition fees is the last of the considerations. All IIMs state that no student, once selected, will be refused admission if he is not able to pay the tuition fees. Furthermore, numerous banks offer loans. Twenty five percent of the PGP students can expect to get adequate financial assistance from the Institutes' funds, trusts and companies. Based on students' performance in the first year of the programme, many institutes award scholarships for the second year. |