Meghnad Desai Academy of Economics in Mumbai, Maharashtra, offers a diverse range of scholarships to help students pursue higher education with reduced financial stress. The institute provides significant opportunities for merit and need based financial aid, including partial and substantial fee waivers for deserving students enrolled in its postgraduate diploma programs.
- Meghnad Desai Academy of Economics Scholarships Overview
- Meghnad Desai Academy of Economics Eligibility
- Meghnad Desai Academy of Economics Required Documents
- Meghnad Desai Academy of Economics Application Process
- Meghnad Desai Academy of Economics Scholarship Details
- Meghnad Desai Academy of Economics Additional Notes
Meghnad Desai Academy of Economics Scholarships Overview
The scholarships at Meghnad Desai Academy of Economics are designed to recognize high-achieving students, support those with financial need, and acknowledge outstanding all-round profiles. Waivers and bursaries typically range from 33% to up to 90% of tuition fees, extended as either fixed awards or as a percentage of the fee.
Merit-based waivers (awarded for high entrance or board scores, academic distinction, and interview performance)
Need/EWS-based support (typically for students from families with lower income backgrounds)
Category-based scholarships (e.g., for outstanding all-rounders; the academy does not currently list named sports, single girl child, or defense quotas on its verified Mumbai campus scholarships)
Meghnad Desai Academy of Economics Eligibility
Scholarships are generally offered to applicants who demonstrate exceptional academic merit, strong performance in the admissions interview, or genuine financial need. Common eligibility parameters include a minimum graduation score of 50%, successful completion of the institute entrance examination and interview, and, for need-based awards, a demonstrated low household income. Certain scholarships also consider overall student profile, leadership, or extracurricular achievements. The highest waivers (up to 90%) are reserved for top-ranking merit students based on a multi-step evaluation process.
Meghnad Desai Academy of Economics Required Documents
Applicants must submit official papers to verify academic and financial eligibility for scholarship consideration. Document requirements usually include:
Mark sheets and graduation degree certificates
Proof of entrance exam and interview performance (as applicable)
Family income certificate or IT return (for need-based aid)
Government-issued ID (Aadhaar card, PAN, or equivalent)
Any additional category proofs (if seeking specific category scholarship)
Meghnad Desai Academy of Economics Application Process
Scholarship applications are typically made during the postgraduate admission process at the Meghnad Desai Academy of Economics via the official application portal. Prospective students should apply early, ensuring all necessary documents are uploaded before published deadlines. Shortlisted candidates for select merit-based awards may be required to participate in an additional interview or assessment round. Final awardees are informed after thorough profile and document verification.
Meghnad Desai Academy of Economics Scholarship Details
The table summarizes key scholarships available to students at the Mumbai campus, their core eligibility requirements, and benefits offered. Actual disbursement is subject to final document verification and award seat limits each year.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Chanakya Scholarship | Top 2 candidates based on entrance test, interview, and academic merit | 50% of course fees | Awarded to 2 students per year[1][5][9] |
Adam Smith Scholarship | Top 3–4 candidates demonstrating high academic performance and merit | 33% of course fees | Typically 3–4 awards annually[1][5][9] |
Need-Based Scholarship | Financial need; valid income proof/documentation required; may consider academic profile | NA (varies; partial tuition waivers) | Limited seats (e.g., 2 per year)[1] |
Merit Scholarships (General PG Diploma and Data Science/Finance) | High performance in entrance exam and interview, plus academic track record | Up to 90% tuition fee waiver | 12 for PG Diploma Economics; 4 for Data Science/Finance in recent cycles[2][3] |
Bursaries | Overall merit, academic rigor, and profile excellence | Fixed fee deduction (amount varies) | 2 per year; academic-based[1][3] |
Meghnad Desai Academy of Economics Additional Notes
Renewal of scholarships at Meghnad Desai Academy of Economics often requires students to maintain a specified minimum CGPA and demonstrate good conduct and attendance throughout the program. Scholarship awards are generally mutually exclusive—recipients can typically only avail one type of institutional award at a time. The number of scholarships, coverage percentage, and eligibility criteria can change annually at the institute’s discretion. Final decisions rest with the administration and will be guided by factors including seat quota, available funds, and candidate verification.