IIM Kozhikode aids students to take admission to desired programs without any barrier of money. Hence, IIM Kozhikode offers financial assistance and scholarship to candidates of the first and second year on the basis of their performance during the academic year as determined by CGPA. IIM Kozhikode need-based scholarship will be provided to all eligible candidates. Central Sector Scholarship for SC and ST students and Merit cum Means Scholarships for students belonging to minority communities will be awarded. Many benefactors like NTPC, Sir Ratan Tata Trust, SGGSC, Aditya Birla Group, OPJEMS, Rajarshee Sahu Maharaj Scholarship, Pratibha Scholarship, etc. will also be offering additional scholarships.