IMT Nagpur Scholarship 2026: Amount, Eligibility, Selection Criteria

Institute of Management Technology (IMT), Nagpur Scholarship

IMT Nagpur offers the following scholarship to students:

65% Fee waiver in total fee to candidates scoring 90 percentile and above in CAT 2019 and XAT 2020 exams and offered admission to IMT Nagpur for PGDM Programs batch 2020-22.

Five (5) Scholarships of 95% fee waiver in total fee to candidates from Economically Weaker Sections (EWS).

After completing 1st year of the PGDM Program, the institute offers Institutional Scholarship which includes Institute Day Merit scholarship and late Shri Mahendra Nath Scholarship.

The institute offers "Merit-based Scholarships" and "Merit-cum-Means Scholarships" to the meritorious students across various specializations. A brief about the same is listed below:

Institutional Scholarship

Institute of Management of Technology Nagpur offers institutional scholarships to the students every year. These scholarships include the 'Merit Scholarship' and the 'Late Mahendra Nath Merit cum Means Scholarship' which amounts to approximately INR 10-12 Lakhs every year. Scholarships' Award is an annual event that aims to recognize exceptional individual students who have shown noteworthy excellence in academia.

Merit Scholarship

Established to recognize the academic achievements of students, a competitive merit scholarship is awarded by the Institute on this day based upon the students' academic performance. The toppers of the first-year batch are awarded scholarships on this day. All the enrolled students of the PGDM program are considered for scholarships. No additional application is required for this scholarship. The criterion for selection is purely on merit basis. There are various categories like Overall Toppers and Stream Specialization Toppers. These academic merit-based scholarships vary in amount from year to year.

Late Shri Mahendra Nath Scholarship

Shri Mahendra Nath was a great patriot, an eminent industrialist, educationist, a visionary, a great institution builder and above all, a karma yogi. He is the founder of IMT Group of Institutes. Late Shri Mahendra Nath Scholarships are distributed on 'Shri Mahendra Nath Memorial Day' on 10th September. It's a Merit cum Means Scholarship awarded to second-year students, based on academic performance in the first year, socio-economic status, general behaviour and attitude. Students are desirous to avail this scholarship application and submit the documentary evidence of their family income. Beneficiaries of the scholarship are selected from the applicants by a committee of faculty members constituted for the same.

IMT Nagpur Scholarships: Students' Opinion

AI-Generated Summary based on 122 Reviews

The Institute of Management Technology (IMT) Nagpur offers various scholarships and financial assistance opportunities. The total fee for the two-year program is approximately 12.1 to 14 lakhs INR, which includes tuition, hostel, and mess charges. Merit-based scholarships are available, such as a 60-65% fee waiver for students scoring above the 90th percentile in CAT or XAT exams. The Mahendra Nath Merit Scholarship is awarded to top-performing students. Financial aid is available for economically weaker sections with up to a 95% fee waiver under the EWS category.

Additionally, IMT has tie-ups with banks like Oriental Bank of Commerce and financial institutions for facilitating student loans. The college maintained fees during the pandemic without hikes and provided reimbursements for unutilized facilities. Summer internship stipends range from 10,000 to 50,000 INR, with placement packages averaging 7-8 LPA, emphasizing a reasonable return on investment.

By Collegedunia’s Personal AI