The ICFAI University, Tripura (referred to hereafter as the University) was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956. The ICFAI University, Tripura is included in the list of universities maintained by the University Grants Commission (UGC) under Section 2(f) of the UGC Act, 1956, vide their letter No. F.9-7/2006 (CPP-I) dated October 30, 2006. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Tripura.
The Bar Council of India has accorded its approval for imparting three year and five year Law Courses at ICFAI University,Tripura and award degrees in law.
The University has received the approval of NCTE to offer the Bachelors Program in Education through its constituent college the Icfai College of Education.The ICFAI University, Tripura is included in the list of approved institutions maintained by NCTE. The University is a member of the Association of Commonwealth Universities, London, the Association of Indian Universities, New Delhi and the Federation of Universities, India. The University offers Bachelor, Master, and Doctoral programs in management, finance, science and technology, information technology, education, law and other areas.
Scholarships are grant-in-aid to a student who wants to pursue education at ICFAI University, Tripura