K J Somaiya Institute of Management Scholarships

K J Somaiya Institute of Management Scholarships 2026

K J Somaiya offers a wide range of scholarships and financial aid programs to support students based on merit, need, and special categories. These initiatives aim to encourage academic excellence, support economically weaker students, and recognise talent in diverse fields.

1. Financial Aid (Need-Based)

• Open to all undergraduate and postgraduate students.

• Eligibility:

  • Economically Weaker Sections (EWS)/Below Poverty Line (BPL): Family income up to ₹8,00,000 → up to 100% tuition fee waiver.

  • Persons with Disabilities (PWD): 40% or more disability → 50% waiver.

  • Defence Personnel Wards (disabled or deceased in the line of duty) → 50% waiver.

• Application Process: Integrated with admission; requires documents such as income proofs, bank statements, academic records, and a Statement of Purpose.

• Selection: Document screening, interviews, and award confirmation. Continuation depends on academic performance and attendance.

2. Somaiya Scholarships (Merit-cum-Need & Other Categories)

• Available across Somaiya Vidyavihar University and Ayurvihar campus.

• Includes multiple scholarships such as:

  • Merit-cum-Need based

  • Benevolent Scholarships

  • Sports Merit Scholarships

  • Chairman’s Scholarships

• Funded by alumni, donors, and the institute’s trust.

• Application Window: July to September each year.

• Selection: Screening, interviews, and document verification.

• Award continues for the full duration of the program, subject to conditions.

3. Institutional Scholarships (Engineering)

• For B.Tech and M.Tech students.

• Examples include:

  • Merit-based scholarships through entrance exam scores (JEE Main, MHT-CET).

  • Industry-sponsored scholarships supported by corporates like Blue Star, JSW Foundation, and others.

4. K J Somaiya Institute of Management (KJSIM) – Merit-Based Scholarships

• Offers 5 scholarships covering 100% tuition fees for outstanding students.

• Eligibility Criteria:

  • Indian citizens under 30 years.

  • Academic record: ≥ 80% in Class 10 & 12, ≥ 70% in undergraduate studies.

  • Competitive exam score: CAT/XAT ≥ 90 percentile, GMAT ≥ 700, or NMAT ≥ 250.

  • Notable achievements in sports, arts, community service, or similar fields.

• Renewal: Requires ≥ 65–70% in first year, >75% attendance, and no disciplinary issues.

• Selection Process:

  1. Pre-screening (academics, achievements, SOP of 300 words).

  2. Interview with a selection panel.

  3. Final award confirmation.

• Timeline:

  • Applications released with first offer letters in April.

  • Interviews held in April (mid-month).

  • Results declared in the last week of April.

  • If a student withdraws after receiving the scholarship, a penalty of ₹5,000 applies.

Summary Table – K J Somaiya Scholarships & Financial Aid

To know more about the financial aid, https://financialaid.somaiya.edu/en