How to Get a Scholarship for NMIMS MBA Program?

Understanding how to get a scholarship for NMIMS MBA program will help many students with financial constraints to pursue their career goals. There are different types of scholarships available to MBA applicants at NMIMS. The application process for each type of MBA scholarship is different.

Table of Contents

Types of Scholarships for NMIMS MBA
Eligibility for NMIMS MBA Scholarships
How to Apply for NMIMS MBA Scholarships

If NMIMS is one of the colleges you have considered for MBA admission, you must know how to get a scholarship for NMIMS MBA program. Scholarships can be a helpful way to ease the immense financial burden that is incurred by students during their higher education. NMIMS offers several options to students when it comes to financial aid and scholarships. It must be noted that there are numerous prerequisites that you need to meet to be eligible for scholarships. Many scholarships available for the NMIMS MBA program are exclusive to applicants who come from financially disadvantaged backgrounds.

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Types of Scholarships for NMIMS MBA

Different types of scholarships are available for you if you are applying for NMIMS MBA. Check the types of scholarships you can choose from, mentioned in the table below:

Name of Scholarship / Aid	Key Features / Conditions
Central Sector Scheme	Govt-scholarship for economically disadvantaged, including EWS / SC / ST, etc. There are monthly stipends for PG/ UG students. NMIMS participates in this scheme.
Defence / Armed Forces Concession	NMIMS often offers ~20% concession to defence personnel / their immediate family in many programs.
Mirae Asset Foundation (MAF) Scholarship	Need-cum-merit; for full-time MBA students; family income < ₹8 lakh & EWS certificate required. Selection involves merit + screening.
NMIMS Scholarship (internal)	Based on “need cum merit” for students in certain programs (e.g., part-time MBA SE). The screening committee decides the scholarship amount.

Also Read: How Critical is Gender Diversity Factor in NMIMS Admission?

Eligibility for NMIMS MBA Scholarships

The primary requirement for obtaining a scholarship for NMIMS MBA program is to meet the eligibility criteria. Check the basic eligibility criteria for NMIMS MBA scholarships below:

Eligibility Criteria	Requirements
Academic Merit	Good 10+2 percentage/ board exam performance. Strong test scores (NMAT / other MBA entrance). NMIMS may look for high merit.
Financial Need	Family income thresholds are common (for example, < ₹8 lakh per year in many cases) Having an EWS (Economically Weaker Section) certificate is required
Entrance Exam + Admission Process	Clear NMAT or other applicable entrance exam. Participate in group discussions and personal interviews as required. Scholarship bodies, such as Mirae Asset, may also conduct interviews with you.
Other Certificates / Proofs	Proof of income; EWS certificate or equivalent if applying under that category. If the scholarship demands proof that you have taken / will take an educational loan. (Some scholarships require that the students take loans from nationalized/ private banks.)

How to Apply for NMIMS MBA Scholarships

If you wish to obtain a scholarship for pursuing an MBA course from NMIMS, you must find out which organizations you need to connect with and how to submit the application for the same. However, the basic process for scholarship application remains the same, and it has been explained below:

Steps	Explanation
Pre-Application Stage	Find out what exact scholarships are available for the campus + specialization you want (since offerings might differ). Note the deadlines for MBA admission and for the scholarship application. They might be different.
MBA Application Process	Fill out all parts of the MBA application completely—enter test scores, academic history, etc. On the application, indicate your interest in financial aid / scholarship if there is an option. Some forms might require you to tick a box or fill in a separate section.
Prepare Financial Documents	Collect income certificates, EWS certificates, bank statements, or other proof of your family’s financial status. If required, obtain/apply for the educational loan documents (or at least be ready with proof of intent).
Prepare Academic Profile	As merits count, try to maximize your board / graduation marks, entrance exam performance. Include important extracurricular activities in your profile/application. Perform well in interviews. Some scholarships interview the candidate before granting the scholarship (like Mirae Asset).
Submit Scholarship Application	Once admitted or along with the admission offer, fill out the scholarship application form carefully. Check whether the application is internal (to NMIMS) or through a third party (like Mirae Asset). Provide all required documents properly. Missing documents often lead to rejection.
Keep Track	After submission, if possible, check the status. Some scholarships may require additional interviews or verification. Be responsive to communications from NMIMS or the scholarship provider.
Explore Other Sources	If NMIMS internal scholarships or those from partners don’t fully cover the fees, check external scholarships (corporates, trusts, NGOs). Apply for educational loans. Sometimes, combining a partial scholarship + loan is the way to go.

We hope we were able to inform you about NMIMS MBA scholarships through this article. Check out the links below to learn more!

Related Articles:

NMIMS Management Quota Admission: Eligibility and Fees	Does NMIMS take CAT score?
Is There a Management Quota in NMIMS?	Top Companies Visiting NMIMS for MBA Placements in 2025

For any admission-related guidance, call our toll-free number 1800-572-9877, or fill out our Common Application Form (CAF) . Stay tuned with CollegeDekho for more updates related to MBA admission and colleges!

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