Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Scholarship 2025: Eligibility & Application

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] in Mumbai, Maharashtra, offers a robust range of financial support mechanisms for its management students, emphasizing both merit-based and need-based assistance to ensure accessibility and encourage academic excellence. Scholarships at the Mumbai campus are drawn from multiple sources, including institutional endowment funds, central government schemes, corporate sponsorships, and IIT Bombay’s broader scholarship portfolio. These opportunities are designed to reduce the financial burden for students from diverse backgrounds, including those with outstanding academic records, economically disadvantaged status, and special category considerations such as domicile, gender, or alumni affiliation.

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Scholarships Overview

SJMSOM’s scholarship offerings are focused on rewarding academic achievement, supporting students in financial need, and incentivizing excellence through various endowment and institutional funds. Approximately 20% of students receive scholarship support each semester, selected primarily based on semester exam performance from multiple endowment funds dedicated to the school[3][14][15]. In addition, there are centrally administered university-wide scholarships and financial aid schemes, some of which are funded by corporate and government sources. Fee waivers and financial assistance are structured to cover tuition, offer stipends, or provide partial relief, with some scholarships offering flexible loan options through campus banking partners.

• Merit-based waivers: Reward top academic performers in semester exams; typically up to 20% of the class.

• Need-based/EWS support: Offered to students with verified financial need, sometimes with income cutoffs specified by government schemes.

• Category-based awards: Include specific scholarships for reserved categories (SC/ST/PwD), with lower course fees for eligible students.

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Eligibility

Eligibility for SJMSOM scholarships varies by program and funding source, but most awards require good academic standing—often defined as being in the top 20% of the semester class for merit scholarships. Some scholarships, such as the National Scholarship for Postgraduate Studies (UGC), require the student to be a first-time postgraduate, under 30 years old, and enrolled in a UGC-recognized full-time program[1]. Government and AICTE schemes like the NSP (PM-USP) Yojana set specific criteria such as minimum 80% in Class 12, annual family income not exceeding ₹4.5 lakh, and at least 75% attendance in the current course[1]. For other scholarships, general IIT Bombay university-wide criteria may apply, which sometimes include minimum CGPA requirements for renewal.

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Required Documents

To apply for scholarships at SJMSOM, students typically need to submit a set of verification documents. While requirements may vary depending on the scholarship, the following are commonly requested:

• Academic transcripts and marksheets

• Proof of admission (offer letter or enrollment confirmation)

• Family income certificate (for need-based awards)

• Caste/EWS certificate (if applicable)

• Attendance record (for certain scholarships)

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Application Process

Application windows for SJMSOM scholarships generally open after the announcement of semester results or with the admission cycle for new students. Candidates interested in merit-based awards are typically considered automatically based on academic records, while need-based and some category-based scholarships require a separate application—often through the institute’s portal or direct application to the concerned office. Deadlines are critical, and supporting documentation must be submitted in full. For university-wide and government scholarships, students may need to apply through separate platforms per the respective scheme’s process. It is important to regularly check the official SJMSOM and IIT Bombay scholarship portals for updates, dates, and detailed instructions.

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Scholarship Details

The following table summarizes key scholarships for which verifiable details are available for the Mumbai campus. Additional awards may be available depending on endowment fund allocations, and students are encouraged to confirm current opportunities with the institute.

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] Additional Notes

Most merit-based scholarships at SJMSOM are awarded annually or per semester and are subject to renewal based on continued academic performance (often requiring a minimum CGPA and satisfactory attendance). Scholarships from different sources generally cannot be combined, but the institute may allow one central and one departmental award in exceptional cases. There are quotas and caps for certain scholarships (e.g., only for the top 20% of the class), and the availability of funds may vary each year. Students are advised to monitor official communications and apply early. For the latest, most accurate information, consult the SJMSOM Mumbai financial aid office or the official scholarship portal. The school also facilitates education loans through major banks on campus, providing additional options for financial support[2][4].