MGIMS Scholarship 2025

The college offers scholarships specifically for reservation category students and meritorious individuals, as well as financial assistance for economically disadvantaged students. Approximately 10-20 students receive scholarships annually. Additionally, scholarships are provided for book expenses through the library. While the college does not offer direct loan facilities, educational loans can be obtained through state government and banks. The total fees for first-year students are approximately Rs 3,16,000, which includes a refundable security deposit of Rs 1,20,000.

The fees cover tuition, hostel rent of Rs 60,000 per year, hostel maintenance of Rs 2,400 per year, mess charges of Rs 20,000 per year, and electricity charges of Rs 12,000 per year. The college has increased fees after the first year, affecting affordability. Scholarships are also available for state quota and science students but not for all India quota.