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 - 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 - Breakdown of IIM Mumbai Scholarships
IIM Mumbai classifies its scholarships into three categories:
IIM - Type 1 Scholarship
- 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 - Type 2 Scholarship
- 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.
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 - 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 - Central Sector Scholarships- Top Class Education Scheme for SC Students
This scholarship is offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. To be eligible, the applicant's gross family income should not exceed INR 8,00,000/- in the previous financial year.
IIM - Central Sector Scholarships- Top Class Education Scheme for ST Students
This scholarship is open to ST students, and the eligibility is the same as the above scholarship, i.e., the gross family income should not exceed INR 8,00,000/- in the previous financial year.