NMIMS Mumbai Scholarships 2026 - Details, Eligibility, Amount

The college provides scholarships to students and motivates them to do well in academics. NMIMS Mumbai scholarships list includes both need based and merit based scholarships. The institute offers scholarships to students who meet the eligibility criteria determined by the college. NMIMS Mumbai scholarships are offered for a limited period of time to a limited number of students. 

To continue availing the scholarships, students are again required to meet the eligibility criteria determined by the college. Narsee Monjee Institute of Business Management Mumbai scholarship amount varies for each scholarship. There is a different scholarship amount for undergraduate and postgraduate students. The college also offers various national and state level scholarships to students. Eligible students can apply for NMIMS Mumbai scholarships by visiting the Public Financial Management System (PFMS) official website.

NMIMS Mumbai Scholarships Details

• The eligibility criteria for undergraduate courses students is minimum 80% marks in Class 12 their family income should be less than Rs 6 lakh per annum. 
• Bachelor’s courses students are offered Rs 1000 per month whereas postgraduate students are offered Rs 2,000 per month. 
• Each year students are offered scholarships for 10 months. The scholarship amount is deposited in the student's bank account. 
• To renew their scholarships, students need to visit PFMS official website and fill the renewal form. 

NMIMS offers various scholarships based on merit and financial need, including those for students from reserved categories and those pursuing specific programs like MBA. These scholarships can cover tuition fees, hostel fees, and other expenses. NMIMS also participates in government scholarship schemes. 

Scholarships at NMIMS

• Merit-Based Scholarships: Awarded to students with strong academic records in previous exams (like 12th board or entrance tests).  
• Need-Based Scholarships: For students from economically weaker sections, requiring proof of financial need. 
• Government Scholarships: For students in reserved categories like SC, ST, and OBC, with specific schemes like Vidyasiri and Post Matric Scholarship. 
• Corporate and Private Scholarships: NMIMS also partners with organizations like Mirae Asset Foundation for specific scholarship programs.