IIM Sambalpur offers various scholarships to its students. Some of them are:
Need-Based Financial Assistance (NBFA): This scholarship is offered to students based on their family income range. The amount of tuition fee waived varies depending on the family income range:
- Family income up to Rs.1.50 Lakh: 100% of tuition fee waived
- Family income between 1.50 Lakh - 3 Lakh: 75% of tuition fee waived
- Family income between 3 Lakh to 4.5 Lakh: 50% of tuition fee waived
Top Class Education Scheme for Students with Disabilities (SwDs): This scholarship is offered to students with disabilities:
- Tuition Fee and Non-Refundable Charges: Up to INR 2 lakhs p.a.
- Purchase of Computer with Accessories: INR 30,000
- Purchase of Aids and Assistive Devices: INR 30,000
- Maintenance Allowance for Hostellers: INR 3,000 & Day Scholars: INR 1,500
- Books & Stationery: INR 5,000 p.a.