IISM offers scholarship through the khelo India Scholarship to ensure that lack of funding does not become an obstacle in student education.The top 1000 candidates are awarded an annual scholarship of Rs 5,00,000 under this scholarship program.The college has links with Eduvanz,HDFC Bank, and Finzy to provides students with educational loan facilities.Students are also eligible to receive loans from some other bank or finance agency.There were 16sports in the first edition of khelo India.An annual INR 500000 Scholarship will be offered to the best 1000 children each year for eight years to mentor and nourish them.Under the khelo India Talent Recognition creation scheme,the sports authority of India has picked 734 players for its scholarship initiative.The main feature of the scholarship,which will be awarded to 385 boys and 349 girls,is an annual stipend of Rs. 1.2 lakhs that will be awarded to players every quarter to cover their out of pocket bills,handle accidents and other elements for themselves and their parents/family members, such as local travel.