SOIL Institute of Management lists scholarship routes for both its two-year PGDM and one-year PGPM, but the published rules are programme-specific. The PGDM page names five categories without stating award amounts. The PGPM page gives amounts up to ₹2L for each of five categories and says awards depend on the scholarship committee. Do not use the PGPM award ceiling to estimate PGDM aid or assume that a listed category guarantees a grant.
Two-year PGDM: who can apply
The PGDM fees and financial support page lists Need Based, Merit Based, Dr. Verghese Kurien, Defence Personnel and Unique Achievement awards. For need-based aid, it says applicants whose gross annual family income was below ₹8L in the previous financial year may apply. The page does not publish an award ceiling, a selection formula, a renewal rule or a separate application deadline for this programme. A person who meets the income screen should therefore still confirm the evidence documents, award amount and decision timing with the school rather than subtracting an assumed amount from the fee budget.
For the merit award, the school says the committee evaluates academic history and entrance-test scores and calls shortlisted applicants for a personal interaction. The page does not give a minimum score or grade. The Kurien award is for a farmer’s ward, with annual farmer income below ₹5L stated as an eligibility condition. Defence support is described for wards of serving defence personnel or ex-servicemen, including Indian defence services and BSF families. The Unique Achievement category covers awards in sport, fine arts, social work or related fields. Keep documentary proof ready for the criterion that actually applies, but ask admissions which proofs and format the committee currently requires; the public description does not set out a complete document checklist.
One-year PGPM: award amounts and additional conditions
The separate PGPM fees and financial support page identifies Need-Based, Merit-Based, Capt. Vikram Batra Scholarships for Defence, Dr. Verghese Kurien and Unique Achievement awards. Each is listed as up to ₹2L. For need-based aid, the stated family-income ceiling is ₹10L per annum, excluding the applicant’s own income. The merit criteria include a weighted average between 80 and 90 using 10th marks at 25%, 12th at 25%, and graduation at 50%, with each score converted to a 100-point scale. The page also identifies government or PSU employees at GET or above cadre, and national or international extracurricular winners, within the merit category.
PGPM defence criteria cover students from the armed forces and students whose parents served in India’s defence services. The Kurien award is for a farmer’s ward with farmer income below ₹5L. Unique Achievement recognises accomplishments in sports, fine arts, social work and similar fields, including stated leadership in NGOs and initiatives such as Teach for India or AIESEC. Those category examples and income tests belong to the PGPM page; they do not establish equivalent thresholds for the PGDM.
PGPM applicants can select their scholarship preference in the programme application form. The page says the award is granted after successful course completion and that recipients must work five hours per week as research assistants. It also says the final amount depends solely on the Scholarship Committee. Treat the “up to” figure as a maximum, not a promise of a discount at enrolment. Confirm whether the grant is paid as reimbursement, whether it can be combined with other aid, and how completion and research-assistant duties are verified.
Application and funding checks
The published scholarship pages do not give a clear current scholarship deadline, comprehensive document list, renewal schedule or combination policy. If funding affects your decision, contact the correct programme admissions team before accepting the offer. Ask for the current application form, required income and relationship proofs, selection timeline, whether you must first register, award disbursal timing and any service obligations in writing. The PGDM page includes education-loan partners and directs applicants with processing difficulties to the admissions team; loans are financing, not scholarships, and increase repayment obligations.
For a cost comparison, keep the scholarship estimate separate from the published course fee until an award letter confirms the amount and timing. The PGDM 2027–29 fee schedule is ₹17.20L plus a refundable ₹30,000 deposit; the PGPM has a separate 2027–28 fee and aid schedule. A possible ₹2L PGPM award cannot be deducted from PGDM charges, and the PGDM page gives no corresponding maximum. Save the programme name and batch on all scholarship correspondence so that information for the one-year and two-year routes is not conflated.
Prepare a scholarship application file
Before applying, identify the exact programme and intake because the two pages set different income tests, categories and award limits. Keep the supporting financial year, income proof and household details consistent with the form; the published pages do not name a single document checklist, so confirm required proofs with admissions before submission. Merit applicants should retain transcripts and entrance-test details, while the PGDM page also describes a personal interaction for shortlisted candidates. PGPM applicants should review the stated weighted academic formula and confirm how the school interprets any borderline percentage or incomplete transcript.
Do not subtract a possible award from the listed tuition when comparing affordability. The pages describe selection conditions and, for PGPM, a maximum category amount, but they do not promise that every eligible applicant receives aid or that categories can be stacked. Ask the programme office whether concurrent categories are allowed, when an award is communicated, and whether it changes instalment dates. Budget separately for the refundable deposit, travel, living expenses and financing charges; scholarship eligibility does not itself confirm loan approval or cover non-tuition costs. Record the answer and applicable intake in writing before committing funds.