Indian Institute of Management, Mumbai, provides a variety of scholarships to aid its students financially. The assistance comes in the form of tuition fee waivers for students enrolled in different degree programs. This article encapsulates the details of these scholarships, including eligibility criteria, amounts, and the application process.
IIM Mumbai Scholarship Overview
Here's a detailed table summarizing the scholarships provided by IIM Mumbai:
| Scholarship Name | Amount | Eligibility |
| Type 1 Scholarship | 30% tuition fee waiver | Family income less than INR 2.50 lakhs |
| Type 2 Scholarship | 50% tuition fee waiver | Family income less than INR 1 lakh |
| Teaching Assistantship | INR 12,400 per month | GATE Qualifiers |
| Central Sector Scholarship Scheme- Top Class Education for SC students | N.A. | Family income less than INR 8 lakhs |
| Central Sector Scholarships Scheme- Top Class Education for ST students | N.A. | Family income less than INR 8 lakhs |
IIM Mumbai Scholarships: Breakdown and Details
IIM Mumbai classifies its scholarships into three categories:
IIM Mumbai Scholarship: Type 1
- The Type 1 Scholarship offers a 30% tuition fee waiver to postgraduate students with a total family income below INR 2.5 lakhs in the last financial year.
IIM Mumbai Scholarship: Type 2
- The Type 2 Scholarship grants a 50% tuition fee waiver. It's designed for postgraduate students whose total family income is under INR 1 lakh in the previous fiscal year.
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IM-IIM - Teaching Assistantship.
- IIM Mumbai extends a Teaching Assistantship to GATE qualifiers. This assistantship includes a monthly stipend of INR 12,400 and additional contingency expenditures, as per the institutional rules.
IIM Mumbai Government Scholarships
SC/ST candidates are eligible for the Central Sector Scholarship as per the Government of India's scheme. Here are the details:
IIM Mumbai Central Sector Scholarships: Top Class Education Scheme for SC/ST Students
This scholarship is offered by the Ministry of Social Justice & Empowerment, GoI, to SC and ST students. To be eligible, the applicant's gross family income should not exceed INR 8,00,000/- in the previous financial year.
IIM Mumbai Scholarship FAQs
What types of scholarships are offered by IIM Mumbai?
IIM Mumbai offers Type 1 and Type 2 tuition fee waivers, Teaching Assistantships, and Government scholarships for SC/ST students.
What is the Type 1 Scholarship at IIM Mumbai?
The Type 1 Scholarship provides a 30% tuition fee waiver for students whose family income is below INR 2.5 lakhs per year.
What is the Type 2 Scholarship at IIM Mumbai?
The Type 2 Scholarship offers a 50% tuition fee waiver for students with a family income of less than INR 1 lakh per year.
Who is eligible for the Teaching Assistantship at IIM Mumbai?
GATE qualifiers can apply for the Teaching Assistantship, which includes a monthly stipend of INR 12,400 and additional contingency allowances.
Are there scholarships for SC/ST students at IIM Mumbai?
Yes, SC/ST students can avail the Central Sector Scholarship – Top Class Education Scheme, provided their family income is below INR 8 lakhs per year.
Do these scholarships cover the full tuition fee?
No, Type 1 and Type 2 scholarships cover 30–50% of tuition fees, while Government scholarships provide financial aid as per the scheme rules.
How can students apply for IIM Mumbai scholarships?
Students need to submit the scholarship application online along with income certificates and relevant documents as specified by the institute during the admission process.
