Athena School of Management in Mumbai, Maharashtra, offers a range of scholarships and fee waivers to ensure that students with merit, financial need, or qualifying profiles can access high-quality management education. Scholarships target not only exceptional academic performers but also those with extraordinary extracurricular achievements, women in management, sports talents, and students facing economic constraints. Many of these awards are aimed at reducing the tuition fee burden for eligible candidates, with some waivers reaching substantial proportions of the program fee.
Athena School of Management Scholarships Overview
The main goal of scholarships at Athena School of Management is to promote educational access and excellence. Financial relief is provided through several types of scholarships and waivers:
Merit-based waivers (entrance exam, interview, or academic scores)
Need/EWS-based support (emphasizing family income limitations)
Category-based options for women, sports achievers, and specific student networks (Rotaract, NCC, AIESEC)
Athena School of Management Eligibility
Scholarship eligibility at Athena is holistic, incorporating entrance test percentiles, interview or academic performance, income documentation for financial-need applicants, as well as special achievements (e.g., sports at a recognized level, extracurricular honors, or leadership roles in organizations). Each scholarship sets particular thresholds—for example, minimum qualifying NMAT or other entrance scores for merit awards, or demonstration of annual family income below a set ceiling for need-based support. For category scholarships, proof of achievement, participation, or group membership is required. Only applicants who meet the defined eligibility through proper supporting documents are considered.
Athena School of Management Required Documents
Applicants must provide genuine documents to verify eligibility and claims for scholarships. Commonly required documents include:
Academic transcripts and marksheets (latest qualifying exam and previous degrees)
Entrance test scorecard (e.g., NMAT/other accepted tests)
Proof of income (ITR, salary slip, or income certificate—for need-based, EWS)
Certificates of extracurricular achievement/sports (if applicable)
Identity proof (Aadhaar card/passport or equivalent)
Athena School of Management Application Process
Scholarship applications typically occur concurrently with the admission process. Candidates express their interest in scholarships during application or after securing program admission. Required documents must be uploaded through the official Athena portal or submitted at the admissions office. Scholarship selection follows a composite evaluation of test scores, interview performance, and document verification. Early application is recommended, as scholarship numbers are limited and subject to availability. Adhering strictly to deadlines and providing accurate documentation are critical for consideration.
Athena School of Management Scholarship Details
The following table summarizes major scholarships and fee waivers available at Athena School of Management in Mumbai. Scholarships and their benefits vary by year and applicant profile, and terms may change at the management’s discretion. Final award depends on verification and available quota.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit-Based Scholarship | High entrance score (e.g., NMAT/other), academic record, strong interview | Up to 50% tuition fee waiver | Composite evaluation; limited seats |
Special NMAT Scholarship | Valid NMAT by GMAC score; exceptional candidates | Up to 80% tuition fee waiver | For select candidates; terms apply |
Profile Scholarship | Outstanding extracurriculars, leadership, professional experience | Scholarship worth lakhs (amount as per profile) | Assessed case-by-case |
Need-Based Scholarship | Family income below defined ceiling; documentation required | Partial tuition waiver (amount varies) | Subject to verification |
Sports Scholarship | Proof of sports excellence at state/national level | Up to 25% tuition fee waiver | For deserving athletes |
Women in Management Scholarship | Female candidates admitted to programs | Special tuition scholarship (amount NA) | Supports gender diversity |
Rotaract/AIESEC/NCC Scholarship | Members or alumni of Rotaract, AIESEC, NCC | Special scholarship (amount NA) | For leadership development |
International Student Scholarship | Outstanding profile and scores; international residency | Tuition waiver (amount NA) | For international applicants |
Fee Waiver (Interview Performance) | Top performance in entrance & interview rounds | Up to INR 2 lakh fee reduction | One-time; case-specific |
Athena School of Management Additional Notes
Scholarships are renewable or continued only if the recipient maintains the required CGPA, attendance standards, and satisfactory conduct as defined by the institute. Awards are generally non-combinable, meaning recipients can usually hold only one type of scholarship or waiver at a time unless specified otherwise. The number of awards available in each category is subject to a yearly cap or quota, and decisions on granting, renewing, or withdrawing scholarships rest solely with the Athena School of Management’s administration. Timely application and full compliance with terms are essential to retain benefits throughout the course duration.