SOIL Institute of Management Scholarships 2026

SOIL offers a structured set of scholarships to make its management programs accessible to students from different backgrounds. The institute provides support through need-based, merit-based, and special category scholarships that focus on real circumstances rather than generic criteria. The need-based scholarship helps students whose family income is below INR 8 lakh continue their PGDM studies without financial pressure.

The merit scholarship is awarded after the committee reviews the applicant’s academic record, entrance exam performance, and a brief personal interaction to understand the student’s commitment. SOIL also offers the Dr. Verghese Kurien Scholarship for children of farmers with an annual family income below INR 5 lakh, recognising their contribution to the country’s rural backbone. In addition, the Defence Personnel Scholarship supports wards of serving or retired defence and BSF families, acknowledging their service and encouraging them to pursue management education.

SOIL Institute of Management Need-Based Scholarship

The need-based scholarship at SOIL is designed for students who want to study PGDM but require financial support to manage the fees. It is open to applicants whose family’s gross annual income is below INR 8,00,000 in the previous financial year. The aim is to ensure that financial limits never block capable students.

SOIL Institute of Management Merit-Based Scholarship

The merit scholarship rewards students who have shown strong academic discipline over the years. The committee reviews marks, entrance exam scores, and overall consistency. Shortlisted applicants meet the scholarship panel for a short interaction, where they explain their goals and academic journey. The award goes to students who demonstrate clear talent and dedication.

SOIL Institute of Management Dr. Verghese Kurien Scholarship

This scholarship honours Dr. Verghese Kurien and supports the children of farmers who wish to join the PGDM program. It is open to students whose parents work in farming and have an annual income below INR 5,00,000. The scholarship recognises the contribution of farming families and helps their children access quality management education.

SOIL Institute of Management Defence Personnel Scholarship

SOIL offers this scholarship to encourage children of serving defence personnel and ex-servicemen to join the PGDM program. Families from all branches of the Indian Armed Forces and the BSF are included. The scholarship aims to acknowledge the service of defence families and provide their children with supportive educational opportunities.

SOIL Institute of Management Unique Achievement Award 

This scholarship category is intended for students who have earned recognition in areas like sports, fine arts, social work, or similar fields. It rewards applicants who have put in real effort beyond academics and shown commitment to their talent. The award highlights well-rounded individuals who bring diverse strengths to the classroom.

SOIL Institute of Management Scholarship FAQs

What types of scholarships does SOIL offer to students?

SOIL provides scholarships for merit, financial need, and specific achievements. Each category is meant to support students who show strong commitment to their studies or come from backgrounds where extra help can make a real difference.

How does SOIL decide who receives a scholarship?

The committee reviews the student’s academic performance, entrance exam scores, personal background, and how clearly the applicant explains their purpose during the interview. The goal is to support students who show potential and sincerity.

Can PGDM and PGPM students apply for scholarships?

Yes, students from both programs can apply. The criteria may slightly differ based on the program, but the overall aim is the same—to help deserving students manage their fees more comfortably.

Does SOIL offer scholarships to work experience students?

In some cases, applicants with notable professional achievements or impactful work roles may receive consideration for scholarship support, especially if their experience adds value to the classroom.

Are scholarships automatically granted when a student gets admitted?

No, students must apply during the admission process. SOIL evaluates each request separately and communicates the decision before fee deadlines.

Reference:

• https://www.soil.edu.in/pgdm/fees-and-financial/