MICA Ahmedabad Scholarships 2026: PGDM, PGDM-C, CCC & FPM Fellowship Details

MICA Ahmedabad extends multiple scholarship opportunities to students pursuing PGDM, PGDM-C, PG Certificate in PGCM-AMC and PGCM-DMMC, and FPM. MICA Ahmedabad scholarships are primarily anchored on the students' academic performance and their families' income. The number of scholarships offered to the PGDM, PGDM-C, and PGCM-AMC and PGCM-DMMC students annually varies between 25 and 27. The FPM students, meanwhile, receive a fellowship that covers their tuition fee, while also providing a monthly stipend and contingency grant.

MICA Ahmedabad Scholarships for PGDM, PGDM-C, PGCM-AMC and PGCM-DMMC 

Students enrolled in the PGDM, PGDM-C, and PG Certificate in PGCM-AMC and PGCM-DMMC at MICA Ahmedabad are eligible to apply for scholarships. The selection process is merit-based, considering the students' academic performance and their families' annual income. The Equity Scholarship, sponsored by Prof. Bikram Bindra for first-year students of PGDM and PGDM-C, is awarded on a merit-cum-means basis. Students belonging to minority groups are especially encouraged to apply. The scholarships are divided evenly between MICA and the Equity Scholarship. The scholarship amounts offered by the Mudra Institute of Communication Ahmedabad lower the MICA Ahmedabad fees by quite an extent.

Here is a detailed breakdown of the scholarships offered:

MICA Ahmedabad Scholarship Eligibility

The eligibility criteria for MICA scholarships require students to meet the following parameters:

How to Renew MICA Ahmedabad Scholarships?

To renew MICA scholarships in the 2nd year of the PGDM programmes, students must maintain an excellent academic record with not less than 3.00 CGPA. Additionally, in all subjects, they must maintain an attendance of a minimum of 80%.

MICA Ahmedabad Fellowship for FPM Program

All students admitted to the FPM programme are extended a fellowship and contingency allowance. The Fellow Programme in Management includes a monthly stipend ranging from INR 38K to INR 41K and a contingency grant to cover academic expenses. The details of the fellowship are as follows:

How to Apply for MICA Ahmedabad Scholarships?

Students can apply for MICA Ahmedabad scholarships only after taking the MICA Ahmedabad admission to the eligible programmes. The scholarships are awarded on a merit-cum-means basis, considering factors such as annual family income, academic performance, attendance, and other achievements. Eligible students must submit the prescribed application form along with the required supporting documents within the timeline announced by the institute.

Steps to apply for a MICA Ahmedabad scholarship:

• Complete the MICA Ahmedabad admission process and confirm your admission to an eligible programme.
• Check the scholarship notification and eligibility criteria published by MICA.
• Fill out the prescribed scholarship application form.
• Submit the required documents, including family income proof and academic records.
• Ensure all details and supporting documents are submitted before the application deadline.
• Wait for the institute to verify the applications and announce the list of selected scholarship recipients.

Note: Students admitted to the FPM programme receive the institute's fellowship as per MICA's fellowship policy and are not required to submit a separate scholarship application.

Documents Required for MICA Ahmedabad Scholarship

Students applying for the MICA scholarships must submit supporting documents to verify their eligibility under the merit-cum-means criteria. While the institute may specify additional requirements during the application process, applicants should keep the following documents ready to ensure timely submission.

• Duly filled MICA Ahmedabad scholarship application form.
• Proof of annual family income (Income Certificate, ITR, salary slips, or Form 16, as applicable).
• Academic mark sheets and transcripts of the qualifying examinations.
• Recent passport-size photographs.
• Valid government-issued photo ID proof (Aadhaar Card, PAN Card, Passport, etc.).
• Certificates for achievements in state, national, or international-level competitions, if applicable.
• Category or disability certificate, if applicable and requested by the institute.
• Any additional documents specified by MICA Ahmedabad during the scholarship application process.

Education Loans and Financial Assistance at MICA Ahmedabad

Students who require financial support to pursue their studies at MICA Ahmedabad can avail education loans from banks and financial institutions. The institute states that education loans are sanctioned directly through banks, and MICA is registered on the PM-Vidyalakshmi Portal, allowing eligible students to apply for education loans through the government's unified platform. In addition to education loans, MICA offers merit-cum-means scholarships and financial aid to eligible students enrolled in its management programmes. Usually, the education loan interest rate stays in between 7.5% and 11%, as mentioned by MICA students and alumnus.

Key highlights of education loans at MICA Ahmedabad:

• Education loans are sanctioned directly by banks and financial institutions.
• MICA Ahmedabad is registered on the PM-Vidyalakshmi Portal for education loan applications.
• Students can apply for loans after securing admission to an eligible programme.
• Loan approval, amount, interest rate, and repayment terms are determined by the lending bank.
• Students can also apply for MICA's merit-cum-means scholarships to reduce their financial burden, subject to eligibility criteria.

MICA Ahmedabad Scholarship FAQs