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The Indian School of Business (ISB) today (December 7) announced that the institute will offer a 50 per cent tuition fee waiver to armed forces veterans or serving personnel aiming to transition into civilian life. The fee waivers have been announced in collaboration with the Department of Ex-Servicemen Welfare, Ministry of Defence.
The 50 per cent fee waiver, or the Armed Forces Scholarship scheme will apply across postgraduate and advanced management programmes of ISB and will benefit as many as 22 veterans each academic year.
The armed forces veterans will be equipped with management skills and will be offered tuition fee waivers totalling up to Rs 2.3 crore a year, an ISB statement said.
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ISB’s collaboration with the Department of Ex-Servicemen Welfare is in line with ISB’s continued commitment to the armed forces, particularly in adding the latest and in-depth management skills to the vast skillset that armed forces personnel and veterans already possess, the institute added.
The institute has over 100 veterans among its alumni. The veterans, the ISB statement added, bring significant value to the classroom and strengthen the alumni network. The Armed Forces Scholarship seeks to further ISB’s vision of grooming future leaders for India and the world.
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