IMT Nagpur Scholarship 2024: Eligibility, Amount and Other Details

Maimil Maiti

The IMT Nagpur Scholarship 2024 is offered to students as financial aid to help them pursue their academic careers without any constraints. Students with exemplary academic records and scores in qualifying examinations are awarded these scholarships. 

Certain socio-economic conditions and financial restrictions are also considered when granting Institute of Management Technology Nagpur scholarships. 

IMT Nagpur ensures validation and awards everyone's effort in academics or other fields. More detailed information about the IMT scholarships is given below.

IMT Nagpur Merit Scholarships

IMT Nagpur students are offered merit scholarships based on their performance and academic background. Various IMT Nagpur scholarships are listed below,

• IMT Nagpur offers merit scholarships to students based on exemplary performance in All-India Management Qualifying Examinations such as CAT/XAT or GMAT.
• After 1-year completion of the PGDM course, the institute rewards deserving students with "Merit" and "Merit-cum-Means” scholarships.
• Smt Leela Nath Memorial Scholarship: Furthermore, IMT Nagpur aims to promote gender diversity by offering a 20% fee waiver to female students.

Tuition Fee Waiver Scheme

Under the Tuition-Fee Waiver scheme, meritorious, deserving students from a financially backward category are offered full 100% concession on academic fees. However, under this IMT Nagpur scholarship, students must pay INR 12,000 monthly for other amenities and facilities. The payment will be made to IMT Nagpur by eligible students every quarter at the monthly rate.

Merit Scholarship Based on CAT/XAT/GMAT Score

This IMT Nagpur scholarship 2024 will be based on CAT 2023, XAT 2024 and GMAT 2020-24. The scholarship guidelines include,

• Students who score between 90-95.9 percentile in CAT OR XAT and 650-700 absolute scores in GMAT are awarded a 40% concession on the total academic fee.
• Students who score between 96-100 percentile in CAT OR XAT and 700-800 absolute scores in GMAT are awarded a 60% concession on the total academic fee.
• However, students must note that the decision to award and cancel the scholarship lies only with the IMT Nagpur Scholarship Committee.

IMT Nagpur EWS Scholarship

Deserving students belonging to the Economically Weaker Section of the society are offered a 100% academic fee waiver. The institute aims to offer equal educational opportunities to everyone, and thus, five meritorious students are selected for the same.

Documents Required and Eligibility Criteria

The eligibility criteria and documents required for this IMT Nagpur scholarship are mentioned below.

• Students with a family income less than INR 10 LPA and total wealth less than INR 30 Lakhs will be eligible for this scholarship.
• A self-declaration must be submitted on an INR 10 stamp paper and signed by the earning members of the family.
• Documents, including Income Tax Returns and any other Government verified documents, are required.
• Students must note that the decision to award and cancel the scholarship lies only with the IMT Nagpur Scholarship Committee.