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Krea University Sri- Scholarships

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Krea University is a premier private institution located in Sri City, Andhra Pradesh, established in 2018 and recognized by the UGC. Known for its unique Interwoven Learning model, Krea offers interdisciplinary programs in liberal arts, sciences, and management. The university boasts a 40-acre residential campus and notable placements, including a 100% placement rate for MBA in 2023.

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City, Andhra Pradesh

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More about Krea University Scholarships

Krea University stands as a distinguished private university in Sri City, Andhra Pradesh, officially established in 2018 under the Andhra Pradesh Private Universities Act. While relatively young as a university, its roots trace back to the Institute for Financial Management and Research (IFMR), founded in 1970. Recognized by the UGC, Krea University is renowned for its pioneering 'Interwoven Learning' approach, designed to foster critical thinking, creativity, and problem-solving skills by integrating knowledge across diverse disciplines. The university houses two main schools: the School of Interwoven Arts and Sciences (SIAS) and the IFMR Graduate School of Business (IFMR GSB). These schools collectively offer a range of undergraduate (BA Hons, BSc Hons), postgraduate (MBA), certificate, and PhD programs, covering fields in management, arts, sciences, and humanities. Admissions are based on merit and may include scores from national level exams like CAT, XAT, CMAT, NMAT, GMAT, GRE for MBA, and Krea Aptitude Test, SAT, or ACT for undergraduate programs, alongside a comprehensive evaluation process. Situated on a 40-acre residential campus in Sri City, Krea University provides state-of-the-art facilities, including academic buildings, research labs, a library, hostels for boys and girls, dining halls, and sports amenities, fostering a vibrant campus life. The university actively engages in global collaborations with prestigious institutions such as Yale University, University of Chicago, Sciences Po, Northeastern University, University of Bristol, and University of Exeter, offering students international exposure and research opportunities. Krea University has a commendable record in career outcomes, particularly for its management programs. During the 2023 placements for the MBA batch, the university reported a 100% placement rate. The highest salary package offered reached INR 22.90 LPA, with the average package standing at INR 13.50 LPA. Top recruiters consistently include leading firms across sectors like BFSI, consulting, and IT, such as Deloitte, PwC, Infosil, EY, HSBC India, Nomura, KPMG, Barclays, Crisil, and JP Morgan Chase. Krea University was ranked 99th in the Management category in the NIRF 2024 rankings. The university remains committed to preparing students to be adaptable, resilient leaders equipped to address future challenges.

Scholarships for programs at Krea University

Browse the complete list of scholarships offered at Krea University for undergraduate, postgraduate, and diploma programs. Find out eligibility, benefits, required documents, and important deadlines.

Scholarship for BA (Hons)

ScholarshipsEligibilityBenefit
Merit-based Academic Scholarship (Krea SIAS Program)Meritorious students admitted to the SIAS program. No separate application is required for this scholarship.
  • Benefit Type: Tuition fee reduction
  • Important Note: Those shortlisted for the scholarship will be intimated after every round of admission, but the formal offer will go out after Round 4.
College Board India Scholars ProgramStudents who score 1300 or above on the SAT® and demonstrate significant financial need (family income less than ₹8,00,000 per annum).
  • Benefit Type: Full tuition scholarship, SAT test fee reduction
  • Important Note: Top Performers are recognized annually by the College Board.

Scholarship for BSc (Hons)

ScholarshipsEligibilityBenefit
College Board India Scholars ProgrammeStudents in India scoring 1300 or above on the SAT® and demonstrating significant financial need (family income less than INR 8,00,000 per annum). [28]
  • Benefit Type: Tuition fee waiver
  • Amount: Full tuition fee
  • Important Note: Applicable for the entire duration of the program of study at Krea University. [28]

Scholarship for Integrated BBA + MBA

ScholarshipsEligibilityBenefit
Merit-based Academic Scholarships (Krea SIAS programme)Awarded to meritorious students, no separate application required.
  • Benefit Type: Tuition fee waiver
  • Important Note: Shortlisted candidates are intimated after each admission round, formal offer after Round 4. This scholarship is primarily for SIAS UG programs.
Need-based Financial AidStudents demonstrating financial need.
  • Benefit Type: Financial assistance
  • Important Note: Application for financial assistance is done after shortlisting. Decision is communicated by stipulated timeline.
College Board India Scholars ProgrammeSAT score 1300 or above AND family income less than ₹8,00,000 per annum.
  • Benefit Type: Full tuition scholarship
  • Important Note: Applicable for the entire duration of the program.
Merit Cum Means ScholarshipTop 10 students (as recommended by Scholarship Committee) AND family income less than ₹10,00,000 per annum.
  • Benefit Type: Financial assistance
  • Amount: ₹2,00,000
  • Important Note: Offered to IFMR GSB Krea University MBA students. (Integrated BBA+MBA students may be eligible for the MBA portion).
T. Thomas Scholarship For Business Leaders by Hindustan Unilever Ltd (HUL)2nd Year MBA Student based on 1st year performance (toppers list shared by Registrar Office).
  • Benefit Type: Financial assistance
  • Amount: ₹1,00,000
  • Important Note: Specific for MBA program students. (Integrated BBA+MBA students may be eligible for the MBA portion).

Scholarship for MBA

ScholarshipsEligibilityBenefit
Merit Cum Means ScholarshipFor top 10 students with minimum CGPA of 3.33 at the end of Term-3 and family annual combined income less than ₹10 Lakhs.
  • Benefit Type: Fee reduction
  • Amount: ₹2,00,000
  • Important Note: The scholarship amount shall be up to ₹2 lakhs per student.
T. Thomas Scholarship For Business Leaders by Hindustan Unilever Ltd (HUL)For 2nd year MBA student based on 1st year academic performance (at the end of Term-3).
  • Benefit Type: Fee reduction
  • Amount: ₹1,00,000
Merit ScholarshipsBased on CGPA at the end of the second year.
  • Benefit Type: Fee reduction
  • Amount: First Rank: ₹2,00,000; Next three ranks: ₹1,00,000 each
CFA Institute ScholarshipsEligible students nominated by IFMR GSB, Krea University.
  • Benefit Type: Opportunity to pursue CFA Programme
  • Important Note: Allows students to take the coveted CFA Programme while pursuing their MBA.
Full Tuition Fee Waiver ScholarshipMeritorious students.
  • Benefit Type: Tuition fee waiver
  • Important Note: Full tuition fee waiver scholarships to 3 meritorious students (based on older data, but general offer).

Scholarship for PhD

ScholarshipsEligibilityBenefit
Merit-Based ScholarshipsAcademic performance, usually for deserving students.
  • Benefit Type: Tuition Waivers, Financial Aid
  • Important Note: No separate application required for merit-based academic scholarships. [24]
Need-Based ScholarshipsDemonstrated financial need.
  • Benefit Type: Financial Aid
  • Important Note: The University follows a need-blind policy for admissions and meets the demonstrated need of all students. [19]
Research Project-Related GrantsRelated to specific research projects.
  • Benefit Type: Financial Aid
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