![Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]](https://image-static.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?h=71.7&w=71.7&mode=stretch)
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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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.