Scholarships offered by the Indian Institute of Management Kashipur are the need cum merit-based financial assistance. Candidates from both 1st year PGP and 2nd year PGP can avail of the scholarship. Up to 46 scholarships can be availed by first and second-year students. The scholarship is awarded based on the candidates’ academic performance and annual family income. Students also avail of central government scholarships like the central Sector scholarship scheme for SC/ST,  merit-cum-means based scholarship scheme belonging to the minority communities, etc. To avail of the scholarships, candidates have to apply on the national scholarship portal.