Management Development Institute (MDI), Gurgaon, is a renowned private business school in India that was founded in 1973. To foster academic excellence amongst its students, MDI Gurgaon offers a comprehensive scholarship program for PGDM/MBA students enrolled in various specializations. The scholarships range from INR 8,00,000 to INR 22,00,000, providing significant financial support to meritorious students.
MDI Gurgaon – Scholarship Types
To maximize the opportunities for students, MDI Gurgaon provides two distinct scholarships: the AICTE Tuition Fee Waiver (TFW) Scholarship and the Merit cum Means Scholarship. Both these scholarships aim to reduce the financial burden on students while encouraging them to strive for academic excellence.
| Scholarship Type | Description |
| AICTE Tuition Fee Waiver (TFW) Scholarship | Applicable for first-year PGDM and PGDM-HRM students, based on merit and family income. A total of 15 scholarships are available for PGDM students and 6 for PGDM HRM students. |
| Merit cum Means Scholarship | Granted to a total of 10 students with a 50% waiver of tuition fees. The scholarship is linked with the student's performance in semester examinations. |
MDI Gurgaon – AICTE Tuition Fee Waiver Scholarship
The AICTE Tuition Fee Waiver (TFW) Scholarship is specifically designed for first-year students enrolled in PGDM and PGDM-HRM programs. In total, 21 scholarships are offered under this scheme, with 15 scholarships for PGDM students and 6 for PGDM HRM students. The scholarship provides a 100% fee waiver based on the student's merit in the admission rank. However, to become eligible, the annual family income should not exceed INR 8,00,000.
MDI Gurgaon – Required Documents for AICTE TFW Scholarship
In order to apply for the AICTE TFW Scholarship, students need to submit one of the following documents during the program:
| Documents |
| Family income certificate issued by any Government Revenue Authority |
| Economically Weaker Section (EWS) Certificate |
| Non-Creamy Layer certificate issued by a Government body |
MDI Gurgaon – Merit cum Means Scholarship
The Merit cum Means Scholarship at MDI Gurgaon is awarded to 10 students, offering a 50% waiver of tuition fees. The scholarship is available for students enrolled in the full-time 2-year program which includes the PGDM/PGDM- HRM/PGDM-IB courses. For eligibility, the annual family income must be up to INR 8,00,000.
MDI Gurgaon – Merit cum Means Scholarship Guidelines
MDI Gurgaon has set certain guidelines for availing the Merit cum Means Scholarship. Students aspiring for this scholarship should have a CGPA above 6.0 in Term I & II. Additionally, to ensure continuity and renewal of this scholarship in the subsequent year, a candidate must maintain at least a 6 CGPA.
MDI Gurgaon – Scholarship Disbursement
The scholarship amount is credited to the candidate's bank account after approval by the Scholarship Selection Committee and the Competent Authority. The disbursement of the scholarship is done in four installments, after the result of each term.
