MET Mumbai Scholarships

MET Mumbai Scholarships & Financial Aid 2025

1. Educational Loan Assistance

• MET has tie-ups with banks such as Saraswat Cooperative Bank, Bank of India, and Axis Bank.

• Students can avail education loans depending on course fee, duration, and eligibility.

• MET facilitates the process, but students need to apply directly with the banks.

2. Fee Concession for Economically Disadvantaged Students

• A 25% fee concession is available for students from economically weaker sections.

• Applicants must submit an income certificate and required documents.

• The final approval is based on internal evaluation.

3. MET Freeship Awards

• Offered to two meritorious and financially needy students per PGDM program.

• Selection is done by an impartial committee.

• Proof of family income must be provided.

• In rare cases, if more candidates qualify, the award amount may be shared.

4. Merit- & Category-Based Scholarships

Quick Summary

• Loans: Easy access via partnered banks.

• Fee Concessions: 25% discount for economically weaker students.

• Freeship Awards: Two per PGDM program, need + merit based.

• Other Scholarships: Merit, entrance rank, category, and performance-based awards.

MET Mumbai Scholarship Application Process 2025

Step 1 – Check Eligibility

• Review the eligibility criteria for different scholarships:

  • Academic performance (merit-based)

  • Entrance exam rank (CAT, MAH-CET, etc.)

  • Family income status (need-based)

  • Category or special provisions (reserved categories, staff dependents, etc.)

Step 2 – Collect Required Documents

Prepare scanned copies of:

• Income certificate (for need-based aid)

• Previous academic mark sheets & certificates

• Entrance exam scorecard (CAT/MAH-CET/CMAT/etc.)

• Caste/category certificate (if applicable)

• ID proof (Aadhaar, PAN, Passport, etc.)

• MET Admission Offer Letter / Fee receipt

Step 3 – Obtain Application Form

• Visit the MET Institute of Management office or download the scholarship/financial aid form (if available online).

• For Freeship Awards, apply specifically through the PGDM office.

• For Educational Loans, collect loan documents directly from the partnered banks (Saraswat, Bank of India, Axis Bank).

Step 4 – Fill in the Application

• Provide personal, academic, and financial details accurately.

• Attach all supporting documents (income proof, certificates, etc.).

• If applying for multiple scholarships (merit + need-based), submit separate applications as per guidelines.

Step 5 – Submit the Application

• Submit the completed form to the MET Scholarship/Accounts Office before the deadline.

• For bank loans, apply directly at the respective bank branch after receiving admission confirmation.

Step 6 – Verification & Evaluation

• Applications are reviewed by the MET Scholarship Committee.

• For Freeship Awards, the committee evaluates merit + need, and may conduct an interview.

• Bank loans are sanctioned after financial background verification.

Step 7 – Scholarship Award & Disbursement

• Selected students are notified via official communication (email/notice board).

• Scholarship amount may be adjusted against tuition fees or disbursed as per MET norms.

• For loans, the sanctioned amount is credited directly to the institute’s account.

✅ Pro Tip: Apply early with complete documents, as merit- and need-based scholarships are limited in number and given on a first-come, first-assessed basis.

Educational Loans

MET has established tie-ups with the following banks to offer Educational Loans and Financial Assistance to the students.

The candidates desirous of availing this facility, may please contact:

Saraswat Co-op. Bank
Madhukendra Branch, Off. N.C.Kelkar Road, Dadar (W), Mumbai – 28

Bank of India
19/A, Pinheiro Apartment, St John Baptist Rd., Mt Mary Steps, Bandra (W), Mumbai – 50

Axis Bank
Bhujbal Knowledge City, Ground Floor, MET Complex, Opp. Lilavati Hospital, Bandra West, Mumbai – 50