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NMIMS Mumbai Scholarship 2025

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6
4.1
(1030 Reviews)
Aparna Das's profile photo

Aparna Das

Updated 3+ months ago

NMIMS Mumbai students get a Central Sector Scheme of Scholarship for economically weaker sections from General, SC, ST & physically handicapped categories. This scholarship is awarded on the basis of Senior Secondary Examination. Total number of scholarships has been divided amongst the State Education Boards based on the State's population in the age group between 18-25 years. Students having above 80th percentile & with family income of less than INR 6 LPA will get INR 1000 per month at graduation level & INR 2000 per month at postgraduate level. Students pursuing professional courses will get INR 2000 per month in the 4th & 5 th year. The scholarship is paid for 10 months in an academic year. 
 

 

NMIMS Mumbai Scholarship: How to Apply

Eligible students can follow the below mentioned process to apply for NMIMS Mumbai scholarship:

Steps Process
Step 1 Fill in the scholarship form available in the official portal with in 10 month of enrollment in the institution
Step 2 Necessary details to be uploaded to critically evaluate the eligibility of the students 
Step 3 NMIMS thoroughly evaluates the scholarship applications
Step 4 Eligible students are awarded the scholarship for a stipulated duration. Students can check the status on the portal 
Step 5 The scholarship amount is directly credited to the provided bank account
 

Quick Links

NMIMS Mumbai Admission NMIMS Mumbai Cutoff
NMIMS Mumbai Courses & Fees NMIMS Mumbai Placements
 

NMIMS Mumbai Scholarship FAQs

Ques. Is there any scholarship in NMIMS Mumbai?

Ans. NMIMS Mumbai students get a Central Sector Scheme of Scholarship for economically weaker sections from General, SC, ST & physically handicapped categories. Students having above 80th percentile & with family income of less than INR 6 LPA will get INR 1000 per month at graduation level & INR 2000 per month at postgraduate level. Students pursuing professional courses will get INR 2000 per month in the 4th & 5 th year. The scholarship is paid for 10 months in an academic year.

Ques. What is the eligibility criteria for applying in NMIMS Mumbai scholarship?

Ans. The eligibility criteria for applying in NMIMS Mumbai scholarship:

  • Students should have above 80th percentile marks in 12th.
  • The age group should be between 18-25 years.
  • family income should be less than INR 6 LPA.
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NMIMS Mumbai Scholarships: Students' Opinion

AI-Generated Summary based on 1030 Reviews

NMIMS does not offer a comprehensive scholarship program, although there are some scholarship opportunities based on merit, such as for students who rank in the top 50 of the NMAT exam, receiving a scholarship of INR 2 lakhs. Additionally, scholarships may be available for students from government employee families or those with a family income less than INR 8 lakhs, but these come with several conditions. There is no scholarship for general merit students or financial aid provided by the college itself.

However, NMIMS has partnerships with banks for student loans, which are readily available due to the institution's reputation. The annual fee for various courses ranges from INR 2.1 lakh to INR 11.95 lakh, with some fees increasing annually by 5-10%. There are limited scholarships for top academic performers and financial assistance for students with specific eligibility criteria.

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 By Collegedunia’s Personal AI

Why To Join NMIMS Mumbai - Reviews & Rating

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Rashika Bhattar
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Reviewed on Nov 5, 2025(Enrolled 2021)

KPMSOL is an amazing college!

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KPMSOL is one of the most amazing colleges of Mumbai for law and it is arguably best in terms of features and academics too. The fees is also lower than quite a few private colleges who are lower lankes than ours like the SLC and Christ. Our fees is 4 lakhs a year and also no extra pay for placements training or intenrships.
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NMIMS Mumbai Latest News

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Comments

Found 2 Comments

H
himanshu yadav
Mar 27, 2024 10:25
Do we get Scholarship in NMIMS Mumbai?
M
mansi jain
Mar 22, 2024 17:09
Is NMIMS very expensive?
A
Ashish Ramtari
Mar 23, 2024 07:48

NMIMS Mumbai is actually very expensive. The minimum fee charged for one year is INR 1.5 lacs and the highest one year fee is INR 11.95 lacs for MBA. However, the hostel and mess fees are charged less expensive. The hostel fee is around INR 1.80 lacs per year. 

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