✦ Financial Support
Scholarships & Education Loans
NIMT believes financial constraints should never stand in the way of quality education. We offer generous merit scholarships, entrance-exam-based fee waivers, and partnerships with leading banks & fintech providers for hassle-free education loans.
✦ Merit Scholarships
Rewarding Excellence & Talent
Merit Based Scholarships are offered based on excellence and innovation in art, music, theater, sports, academics or any other field. The Scholarship is offered to selected candidates based on their merit in previous class/institution.
✦ Undergraduate Programmes
UG Merit Scholarship Slabs
| 12th % | Scholarship | Fee After Scholarship |
|---|---|---|
| 99% & above | 30% | ₹77,000 /yr |
| 95 – 98% | 20% | ₹88,000 /yr |
| 90 – 94% | 15% | ₹93,500 /yr |
| 85 – 89% | 10% | ₹99,000 /yr |
✦ Postgraduate Programmes
PG Merit Scholarship Slabs
| Graduation % | Scholarship |
|---|---|
| 90% & above | 15% |
| 85 – 89% | 10% |
| 80 – 84% | 5% |
✦ Entrance Exam Based
Scholarships on National Entrance Scores
| CLAT Rank | Scholarship |
|---|---|
| 1 – 2,000 | 40% |
| 2,001 – 5,000 | 35% |
| 5,001 – 10,000 | 30% |
| 10,001 – 15,000 | 25% |
| 15,001 – 20,000 | 20% |
| 20,001 – 25,000 | 15% |
| 25,001 – 35,000 | 10% |
✦ Education Loan Partners
Easy Financing Options
NIMT has partnered with leading banks and fintech companies to ensure education remains accessible. Students can avail education loans with competitive interest rates and flexible repayment options.
Loan Connect
Partners: ICICI, IDFC First, HDFC
Vidya Lakshmi Portal
Government of India portal for education loans — apply to multiple banks with a single form.
www.vidyalakshmi.co.inWhat types of scholarships does NIMT offer?
NIMT offers merit-based scholarships for students who have excelled in academics, sports, arts, music, and theatre. These are awarded based on performance in 12th class or graduation as applicable.
Are scholarships available for all programmes?
Yes, merit scholarships are available for both Undergraduate and Postgraduate programmes including BA LLB, BMRIT, BPT, DPT, D-OTT, D-Pharma, LLB, D.El.Ed, B.Ed, MBA, and PGDM.
How do I apply for a scholarship?
Scholarships are applied through the admission application form itself. When you apply for admission at NIMT, your academic credentials are automatically evaluated for scholarship eligibility.
Can I get both merit and entrance-based scholarships?
If a candidate qualifies for both a merit-based and an entrance-exam-based scholarship, the higher of the two scholarship percentages will be applied to their fees.
What banks offer education loans for NIMT students?
NIMT has tie-ups with Bank of Baroda, Indian Bank, Axis Bank, and fintech partners like Grayquest, Loan Connect (ICICI, IDFC, HDFC), and Credenc. Students can also apply through the Government's Vidya Lakshmi Portal.
Is EMI facility available for fee payment?
Yes, through Grayquest, students can pay their fees in 4, 6, 8, or 10 easy installments, making quality education more affordable and accessible.
