IIM Mumbai Scholarship 2026

Mumbai, MaharashtraEstd 1963
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Collegedunia Team

Content Curator | Updated 3+ months ago

IIM Mumbai scholarships are offered under various criteria to deserving and meritorious students. The financial support provided by the institute is in the form of tuition fee waiver for students enrolled in various degree programs. 

 

IIM Mumbai Scholarships Details

The below table represents details for IIM Mumbai scholarships:-

Scholarship Name Amount Eligible students 
Type 1 30% tuition fee waiver Family income less than INR 2.50 lakhs 
Type 2 50% tuition fee waiver Family income less than INR 1 lakhs
Teaching Assistantship  INR 12,400 per month GATE Qualifiers
Central Sector Scholarship Scheme- Top Class Education of SC students  N.A. Family income less than INR 8 lakhs
Central Sector Scholarships Scheme- Top Class Education of ST students  N.A. Family income less than INR 8 lakhs

IIM Mumbai Courses & Fees

Scholarships offered by IIM Mumbai

IIM Mumbai offers scholarships to its students in three categories as mentioned below:- 

  • Scholarships Type 1 

IIM Mumbai Scholarships type 1 provide a 30% tuition fee waiver to its students. This fee waiver is for those students enrolled in the postgraduate programs whose total family income falls below INR 2.50 lakh in the last financial year.

  • Scholarships Type 2

IIM Mumbai Scholarships type 2 offers 50% waiver of tuition fee: This fee waiver is applicable to all those students enrolled in the postgraduate programs whose total family income falls below INR 1.00 lakh in the last financial year.

IIM Mumbai Admissions 2024

  • Teaching Assistantship

IIM Mumbai provides teaching assistantship to GATE qualifiers with an amount worth INR 12,400 per month and contingency expenditure as per rules. 

Scholarships offered by the Government of India

SC / ST candidates are granted Central Sector Scholarship as per the Government scheme. Scholarships offered by the Government of India are as mentioned further:- 

  • Central Sector Scholarships- Top Class Education Scheme for SC Students

Offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. It is provided based on their annual parental income for the previous financial year. 

Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.

IIM Mumbai Reviews

  • Central Sector Scholarships- Top Class Education Scheme for ST Students

The scholarships are offered to ST students. It is provided based on their annual parental income for the previous financial year. 

Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.

IIM Mumbai Cutoff

IIM Mumbai Scholarships FAQs

Ques. Does IIM Mumbaiprovide scholarship assistance to its students? 

Ans. Yes, IIM Mumbai offers scholarships to its students under various categories as tuition fee waivers and teaching assistantship. 

Ques. What forms of financial assistance is offered by IIM Mumbai?

Ans. Scholarships offered by IIM Mumbai are in the form of 30% and 50% tuition fee waivers. In addition, teaching assistantship is also offered to GATE qualifiers. 

Ques. Which students are eligible to qualify for scholarships at IIM Mumbai?

Ans. Students with family income less than INR 1 lakhs are eligible to qualify for 50% tuition fee waivers scholarships. Students with family income less than INR 2.5 lakhs are eligible for 30% tuition fee waivers. 

Ques. Are there any other scholarships than tuition fee waivers for IIM Mumbaistudents? 

Ans. There are scholarships in the form of teaching assistantship worth INR 12,400 per month for GATE qualifiers. 

Ques. Are there any government scholarships available for students in IIM Mumbai?

Ans. Yes there are government of India scholarships for SC / ST students available under IIM Mumbai scholarships.

IIM Mumbai Scholarships: Students' Opinion

AI-Generated Summary based on 72 Reviews

NITIE offers several scholarships and financial aids to students, primarily based on merit and financial need. The total fee for the two-year programs ranges between INR 14 to 15.6 lakhs, with hostel fees included but excluding mess charges. Scholarships are available for SC/ST, EWS, sports, and academic excellence, with specific schemes offering up to 100% tuition fee waivers based on criteria like family income and category. For instance, students with a family income of less than INR 2.5 lakhs can receive a 30% fee waiver.

GATE qualifiers receive a teaching assistantship stipend of INR 12,400 per month. Government and private scholarships are also available, along with various alumni-provided financial aids. Educational loans are easily accessible from major banks including SBI, Canara Bank, and others, often without the need for collateral. Overall, NITIE boasts a strong return on investment, with 100% placement records and competitive average starting packages.

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 By Collegedunia’s Personal AI

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