MBM Scholarship 2026

The college provides various scholarships and financial support, primarily focusing on economically weaker sections, girls, and students from reserved categories (SC/ST/OBC). Key scholarships include the Sumedha Scholarship for students with high academic scores and those with parental income below INR 1 lakh, and the MBM Alumni Scholarship providing INR 5,000-15,000 annually based on merit and need. Differently-abled students receive tuition and exam fee exemptions, while government-aided seats offer tuition fee relaxations.

Despite the availability of scholarships, the allocation process lacks transparency, with only a few students benefiting significantly. The college does not offer direct loan facilities, although students can access educational loans through banks. Fees are categorized under GAS (Government Aided Seats) and SFS (Self-Financed Seats), with GAS seats being significantly cheaper. The annual fee for GAS seats is approximately INR 30,000, while SFS seats cost around INR 60,000. Girls and reserved category students enjoy further fee reductions.

The college's alumni network plays a crucial role in providing scholarships, and various government scholarships are also accessible.