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SPJIMR Scholarships 2026: Merit, Need-Based & Government Aid
location
Mumbai, Maharashtra
Updated on 5 June 2026

SPJIMR Scholarship programs for 2026 provide substantial financial assistance, with two PGDM students annually receiving INR 5 lakhs each from the Mirae Asset Foundation. These opportunities cater to both merit and need-based criteria, alongside support for specific student categories.

Table of Contents

Major Scholarship Programs

SPJIMR offers various scholarships after program commencement, focusing on student merit, conduct, and financial need. These include institution-specific awards and support for global programs.

SchemeFunderAmount/BenefitEligibility CriteriaApplication Window
Mirae Asset Foundation ScholarshipMirae Asset FoundationINR 5 Lakhs (2 participants annually)Meritorious PGDM 1st/2nd year students with family income < INR 8 LakhsGuidelines provided after program commences
Global Management Programme (GMP) ScholarshipInternational Partner SchoolsUp to 70% tuition fee reductionStudents joining partner schools through SPJIMR's GMPDetermined by partner school and GMP admission cycle
SPJIMR Need-Based Financial AssistanceSPJIMRPartial or full tuition reimbursementFinancial need, academic performance, extracurricular activities, conductApplications open in July, after program commences
SPJIMR Merit-Based Financial AssistanceSPJIMRPartial or full tuition reimbursementAcademic performance, conduct (awarded at admission in some cases)Applications open in July, after program commences

Category-Specific Financial Aid

Financial aid at SPJIMR extends to various student categories, including those from socio-economically disadvantaged backgrounds and participants in specialized programs. Eligibility for these schemes often aligns with government directives.

CategoryApplicable SchemesKey Eligibility Details
Scheduled Caste (SC) StudentsMerit Scholarship for Toppers, Merit Scholarship for College/Professional Institutions, Pre & Post Matric Scholarships, Fee Reimbursement SchemesDelhi domicile, category certification, academic merit for some schemes
Scheduled Tribe (ST) StudentsMerit Scholarship for Toppers, Merit Scholarship for College/Professional Institutions, Fee Reimbursement SchemesDelhi domicile, category certification, academic merit for some schemes
Other Backward Classes (OBC) StudentsMerit Scholarship for Toppers, Merit Scholarship for College/Professional Institutions, Pre & Post Matric Scholarships, Fee Reimbursement SchemesDelhi domicile, category certification, academic merit for some schemes
Minority StudentsMerit Scholarship for College/Professional InstitutionsDelhi domicile, minority certification
General Category StudentsMirae Asset Foundation Scholarship, SPJIMR Need-Based Financial Assistance, SPJIMR Merit-Based Financial AssistanceMerit, financial need, and specific program requirements
PGDM First & Second Year StudentsMirae Asset Foundation Scholarship, SPJIMR Need-Based Financial Assistance, SPJIMR Merit-Based Financial AssistanceProgram enrollment, specific scheme criteria
Global Management Programme (GMP) ParticipantsGlobal Management Programme (GMP) ScholarshipAdmission to SPJIMR's GMP and partner school

Government Scholarship Schemes

Students at SPJIMR may be eligible for various government scholarship schemes, particularly those offered by the Delhi Department for the Welfare of SC/ST/OBC. These schemes aim to support higher education for specific communities.

Scheme NameAdministering BodyKey EligibilityApplication Period (2025-26)
Merit Scholarship for College and Professional Institution Students (SC/ST/OBC/Minorities)Department for the Welfare of SC/ST/OBC, DelhiSC/ST/OBC/Minority students studying at college level in DelhiApplications invited from October 31, 2025 to March 31, 2026 via e-District Delhi Portal
Pre & Post Matric SC/OBC ScholarshipsDepartment for the Welfare of SC/ST/OBC, DelhiSC/OBC students (Pre & Post Matric levels) in DelhiApplications invited from October 10, 2025 to January 31, 2026 via e-District Delhi Portal
Merit Scholarship for Toppers (SC/ST/OBC)Department for the Welfare of SC/ST/OBC, DelhiSC/ST/OBC students who top final year professional/technical degree exams. No family income limit.Awarded based on academic performance; specific application window not publicly detailed
Fee Reimbursement Schemes (Delhi Domicile)Department for the Welfare of SC/ST/OBC, DelhiSC/ST/OBC students residing in Delhi, meeting income and academic criteria for fee waiversCheck e-District Delhi Portal for scheme-specific timelines

These scholarship provisions collectively aim to reduce financial barriers and promote academic achievement for students pursuing their education at SPJIMR. Prospective applicants should verify specific eligibility and application timelines.

FAQs

Which government scholarships does SPJIMR accept?

SPJIMR students may apply for Delhi Government scholarships like the Merit Scholarship for College/Professional Institutions (SC/ST/OBC/Minorities) and Pre/Post Matric SC/OBC Scholarships. Eligibility is typically based on domicile and category.

What is the Mirae Asset Foundation Scholarship at SPJIMR?

This scholarship provides INR 5 lakhs annually to two meritorious PGDM first- and second-year students. Eligibility requires a family income below INR 8 lakhs. Guidelines are released after program commencement.

Are there scholarships for the GMP Programme at SPJIMR?

Yes, students joining partner schools through SPJIMR's GMP can receive up to 70% scholarships. These are typically offered by the international partner institutions, reducing tuition costs significantly.

How many students receive the Mirae Asset Foundation Scholarship each year?

Each year, two participants in the PGDM program are awarded the Mirae Asset Foundation Scholarship. Each recipient receives INR 5 lakhs, supporting their academic journey at SPJIMR.

Does SPJIMR offer need-based financial assistance?

Yes, SPJIMR offers need-based scholarships as partial or full tuition reimbursement. These are awarded based on financial need, academic performance, extracurriculars, and conduct, with applications opening in July.