NMIMS School of Economics

NMIMS School of Economics understands the importance of financial support in enabling students to pursue quality education, & with an aim to promote academic excellence and support deserving students, the NMIMS School of Economics Scholarship initiatives are designed to recognize merit, encourage diversity, and ensure that financial constraints do not hinder academic goals.

Introduction to the NMIMS School of Economics Scholarship

Scholarships at NMIMS are extended to students who demonstrate exceptional academic performance, leadership abilities, or financial need. The goal is to attract high-performing students & support them throughout their academic journey.

Types of Scholarships Offered

NMIMS School of Economics provides multiple scholarship categories:

Eligibility Criteria

Each scholarship has defined criteria. Students must meet academic, financial, or demographic requirements.

• Merit-Based: Minimum 85% in the previous academic year

• Financial Aid: Annual family income below INR 6 LPA

• Alumni-Based: Verification through documentation that the parent is an NMIMS alumnus

• Government: Valid caste/income certificates per category norms

Scholarship Application Process

NMIMS School of Economics Scholarship Application

Students can apply through the official NMIMS scholarship portal. Here’s a step-by-step process:

• Log in to the NMIMS student portal

• Navigate to the scholarship section

• Choose the relevant scholarship category

• Upload required documents: academic records, income proof, ID

• Submit and await a confirmation email

Those who make the short list might receive an interview invitation or additional document verification.

Scholarship Disbursal Timeline

See the NMIMS School of Economics Scholarship Application

Additional Financial Support

Apart from standard scholarships, NMIMS provides:

• Emergency Financial Grants: For students facing unexpected crises

• Work-Study Opportunities: On-campus part-time roles for earning while studying

• Fee Installment Plans: Allows students to pay tuition fees in installments

Support Beyond Academics: Holistic Student Assistance

• Comprehensive Welfare Programs: NMIMS doesn’t limit student support to scholarships alone. Welfare programs include mentorship, academic counseling, & peer-support networks.

• Emergency Financial Aid: The institute offers contingency grants or emergency aid for students who face sudden financial crises during their academic journey.

• Access to Alumni Fund: Select meritorious students are recommended for funding support through contributions made by NMIMS alumni.

Scholarships for Research-Oriented Students

• Thesis and Dissertation Grants: Research-focused scholarships are available for postgraduate and Ph.D students.  students undertaking independent research.

• Conference Funding Support: Students presenting papers in national or international conferences may receive partial or full sponsorship for travel and registration.

• Data Acquisition Grants: NMIMS supports scholars who need paid data sets or field research assistance, covering some of these expenses through need evaluation.

Performance-Linked Continuation of Scholarships

• Annual Review System: All scholarships are reviewed annually. Continuation depends on academic performance, attendance, & contribution to university life.

• Minimum Grade Requirements: Most scholarships require students to maintain a specific CGPA (typically 6.5 or above) to remain eligible.

• Conduct Record Checks: Good disciplinary standing is a must for the continuation of financial benefits.

Scholarships Promoting Diversity and Inclusion

• Support for Regional Representation: Students from underrepresented or remote regions may receive location-based scholarships to promote pan-India diversity.

• Gender and Minority Scholarships: NMIMS runs special schemes for women and students from minority groups to ensure inclusive participation.

Check out the NMIMS School of Economics eligibility criteria

Collaboration with CSR Funds and Foundations

• Corporate-Sponsored Scholarships: NMIMS partners with corporates under their CSR initiatives to support bright, financially weak students.

• Foundation Tie-ups: NGOs and educational foundations often fund full or partial tuition fees for select applicants from disadvantaged backgrounds.

• Industry Mentorships: These partnerships may also include mentorships and internships alongside financial assistance.

Merit-Based Incentives in Subsequent Years

• Dean’s List Incentives: Students making it to the Dean’s list consecutively may receive extra monetary benefits or waivers in tuition for the following term.

• Scholarships for Campus Engagement: Students who lead clubs, organize events, or contribute to academic societies may be eligible for bonus points during scholarship re-evaluation.

• Publication Bonus: Students who publish in reputed economic journals during their studies may earn additional financial rewards.

How Scholarships Integrate with Career Support

• Linking Aid to Internships: NMIMS encourages scholarship recipients to participate in internships, which may be co-funded or supported through stipends.

• Job Interview Grants: Students may receive travel or accommodation support when attending placement interviews outside the city.

• Skill Enhancement Funds: Select scholarships offer stipends for students to take certified short courses that improve their employability.

Transparency and Grievance Redressal

• Online Scholarship Portal: Students can view available scholarships, track applications, and access renewal forms on a dedicated portal.

• Redressal Mechanism: If a student believes they have been unfairly denied or removed from a scholarship, a formal grievance procedure is available.

• Counselor Support: Scholarship counselors guide applicants on how to improve their chances and maintain eligibility throughout their studies.

Digital Accessibility and Seamless Application Process

• Unified Scholarship Portal: All scholarship announcements, application links, and renewal updates are centralized for student convenience.

• Document Upload Facility: Students can upload income certificates, academic transcripts, and supporting documents digitally, reducing paperwork delays.

• Automated Status Updates: Applicants receive real-time notifications via email or SMS on their scholarship progress—whether shortlisted, approved, or under review.

International Student Scholarship Support

• Global Diversity Incentives: NMIMS encourages applications from international students by offering partial tuition waivers based on merit and country-specific outreach.

• Bridge Support Grants: These are short-term financial assistance programs for foreign students facing unexpected expenses related to currency fluctuations or emergencies.

• Dedicated Liaison Officer: An in-house international office assists non-domestic applicants with scholarship guidance and onboarding.

Incentives for Economically Relevant Projects

• Project-Based Funding: Students working on impactful economic policy or sustainability topics may receive additional funding through project grants.

• Partnership Opportunities: NMIMS facilitates collaboration with think tanks and research agencies that may sponsor student projects in exchange for detailed analysis or reports.

For more information, visit the NMIMS School of Economics Scholarship

Conclusion

The NMIMS School of Economics Scholarship program ensures that deserving and talented students can achieve their academic goals without financial stress. These initiatives reflect NMIMS’s commitment to academic inclusion & equal opportunity.