NMIMS Scholarship on Basis of 12th Class Marks

NMIMS which stands for Narsee Monjee Institute of Management Studies is a well-renowned university in India, established in 1981 above the Bhaidas Hall, Vile Parle (West), Mumbai, with a mere 40 intakes a year in initial years. The NMIMS offered courses have been accredited and approved by numerous agencies of the nation, which is one of the lucrative benefits aligned with the admissions in NMIMS. Apart from the course recognizability, the NMIMS Scholarships on the basis of 12th class marks is another benefit delivered to meritorious students who are willing to take admission in undergraduate courses available on all the campuses of NMIMS.

The NMIMS has six campuses across the nation which are located in Navi Mumbai, Mumbai, Hyderabad, Bangalore, Shirpur, and Indore. All the six campuses offer NMIMS scholarships to meritorious students who have performed well in their secondary school examinations, i.e., have scored well in 12th class marks. The NMIMS scholarship on the basis of 12th class marks ensures to provide financial assistance to the scholarship awardee through a monthly financial assistance program, in which an awardee who is eligible for the NMIMS scholarship on the basis of 12th class marks and other eligibility criteria is awarded monthly financial assistance of 1,000 INR for graduation courses for a duration of first three years of college.

The present article would discuss the details of the NMIMS scholarship on the basis of 12th class marks, to provide a vivid picture of the scholarship process to the readers.

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NMIMS Scholarship: Scholarship on Basis of 12TH Class Marks

NMIMS has established six campuses at six different locations in India. These campuses of NMIMS offer a wide range of undergraduate courses to prospective students whose admission process is fairly simple. Apart from the ease in the admission process, the institute also offers prospective applicants the opportunity to be awarded by NMIMS Scholarship on the basis of 12th class marks. The scholarship awarded by NMIMS on the basis of 12th class marks is known as the Central Sector Scheme of Scholarship for college and university students. The central sector scheme scholarship is awarded on a need cum basis, where eligibility criteria of the scholarship provided consist of two prominent elements that will be discussed further in the article.

Refer to the table below to know the details of the Central Sector Scheme Scholarship for College and University Students as part of the NMIMS Scholarship on the basis of 12th class marks.

NMIMS Scholarship: Central Sector Scheme of Scholarship for College and University Students

NMIMS offer scholarship to meritorious students who are in need of financial assistance and, who have excelled in their 12th examination board or equivalent degree with at least 80 percent of marks is awarded the central sector scheme of scholarship for college and university students. In this scholarship, the awardees receive monthly financial assistance of 1,000 INR for students enrolled in undergraduate courses and 2,000 INR for students enrolled in professional courses.

The duration of receiving the scholarship is for 10 months in an academic year, totaling 3 years for undergraduate courses and 5 years for professional courses. The eligibility criteria for the scholarship are as follows.

Central Sector Scheme of Scholarship for College and University Students: Eligibility Criteria

1. Students being awarded the scholarship must belong from an economically weaker section of the society, with a family annual income of less than 6 lakh per annum.

2. The student who is awarded the scholarship must have achieved at least 80 percent of marks in the 12th class board or equivalent degree.

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NMIMS Scholarship: General Conditions Followed by University While Giving Out the Scholarships

The general conditions that are filled by NMIMS university to award the eligible student with the scholarship of the central sector scheme of scholarship for college and university students are as follows.

1. Students who want to attain a scholarship from NMIMS have to fill the scholarship forms available on the official portal within 10 months of their enrolment in the institution.

2. The students must upload the necessary details to be critically checked for evaluating the eligibility of the student.

3. NMIMS thoroughly evaluates the application of the students for NMIMS scholarships.

4. Students meeting the criteria of scholarship are awarded the scholarship for a stipulated duration, whose status can be checked by the student on his/her student portal.

5. The disbursement of funds awarded under the scholarship per month is credited to the bank account of the awardees by the institution.

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