

Modern Education Society's Neville Wadia Institute of Management Studies and Research, Pune Scholarship 2026 Financial Aid, Merit & Category Scholarships
Avg Package
5.5 LPA
Highest Pkg
10.05 LPA
Institute Type
Private
Total Courses
3 Courses
NWIMSR's scholarship access runs primarily through Central and state government schemes rather than a large set of distinct institutional awards, reflecting the nature of a CAP-admitted, government-recognised private institute.
Scholarships & Financial Aid
A Central government post-matric scholarship scheme applicable to eligible students at AICTE-recognised institutes such as NWIMSR.
Available Scholarships
| Scholarship Name | Eligibility Criteria | Award Amount |
|---|---|---|
NSP (PM-USP) Yojana A Central government post-matric scholarship scheme applicable to eligible students at AICTE-recognised institutes such as NWIMSR. | 80% marks in Class 12, enrolled in an AICTE-recognised UG/PG course, parental income up to Rs. 4.5 lakh, maintaining 50% marks and 75% attendance in a regular course | Rs. 82,000 per annum |
National Scholarship for Postgraduate Studies (UGC) A UGC-administered scholarship scheme for eligible postgraduate students, applicable to NWIMSR's MBA candidates who meet the scheme's criteria. | First-time postgraduate students under 30 years of age, enrolled in a UGC-recognised full-time programme | Rs. 10,000 per year or Rs. 15,000 per month (as applicable under the scheme) |
SC Category Development Fee Exemption/Structure A category-specific fee provision published in the institute's own admission notice: SC-category students with an annual family income above Rs. 1 lakh are required to pay a specified Development Fee, per the latest directives of the Government of Maharashtra and the Fee Regulating Authority (FRA), Mumbai. | SC-category MBA candidates as per DTE-Maharashtra and Fee Regulating Authority (FRA) Mumbai directives | Development Fee of approximately Rs. 3,500 to Rs. 16,455 depending on family income threshold |
Counselling Updates
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Scholarships at NWIMSR Pune
| Scholarship | Eligibility | Amount |
|---|---|---|
| NSP (PM-USP) Yojana | 80% in Class 12, AICTE-recognised UG/PG course, parental income up to Rs. 4.5L, 50% marks + 75% attendance | Rs. 82,000 per annum |
| National Scholarship for PG Studies (UGC) | First-time PG students under 30, UGC-recognised full-time programme | Rs. 10,000/year or Rs. 15,000/month |
| SC Category Development Fee | SC-category MBA candidates, family income above Rs. 1 lakh | Rs. 3,500 - Rs. 16,455 (fee provision, not a scholarship award) |
The NSP (PM-USP) Yojana is a Central government post-matric scholarship scheme available to eligible students who scored at least 80% in Class 12, are enrolled in an AICTE-recognised UG or PG course such as the MBA, have a parental income at or below Rs. 4.5 lakh, and maintain at least 50% marks and 75% attendance in a regular course. The National Scholarship for Postgraduate Studies, administered by UGC, is available to first-time postgraduate students under 30 years of age enrolled in a UGC-recognised full-time programme, offering either Rs. 10,000 per year or Rs. 15,000 per month depending on the scheme's specific terms.
A separate fee provision — rather than a scholarship in the traditional sense — applies to SC-category MBA candidates whose family income exceeds Rs. 1 lakh per year: these candidates are required to pay an additional Development Fee, set per the latest directives of the Government of Maharashtra and the Fee Regulating Authority (FRA), Mumbai, at figures reported between roughly Rs. 3,500 and Rs. 16,455 depending on which directive is currently in force. Candidates should confirm both scholarship eligibility and this fee provision directly with the institute's admissions office at the time of application.
Beyond these two government schemes and the SC-specific fee provision, NWIMSR does not appear to publish a distinct set of institutional, merit-linked scholarships of its own comparable to what some larger private universities offer. Candidates whose primary decision factor is scholarship availability may want to weigh this against institutes that publish a clearer, percentile-linked institutional scholarship grid, while candidates eligible for the NSP or UGC PG schemes should apply for those independently through the National Scholarship Portal well ahead of fee-payment deadlines.
Net payable fee estimates can be checked against the fee structure page.
Upcoming Exams

IISER
IISER Aptitude Test • June 2026

NEST
NEST Entrance Exam • June 2026

CUET
CUET UG Exam • 11-31 May 2026

PGIMER
BSc Nursing Exam • July-August 2026
