Fee
Fees | Amount |
Tuition Fee | Rs. 4,76,000/- per annum [subject to revision by the Fee Regulatory Committee of Govt. of Gujarat] (Rs. Four Lakhs Seventy Six Thousand Only) |
Hostel Fee | Rs. 65,000/- per annum (subject to revision) |
Activity Fee | Rs. 15,000/- per annum |
Examination Fee | Rs. 11,000/- per annum |
However, students will be charged separately for food, books, reading material, handouts, printouts, medical insurance, electricity used in the hostel room, etc.
Note:
- The tuition fee is subject to change based on the final approved decision of the fee fixation committee, Government of Gujarat.
- Along with that, every detail provided here is pertaining to the current status and subject to change.
Scholarships
Scholarship Scheme for MBA students admitted in General Category during the academic year 2020-21 and onwards.
NIRMA provides scholarship to encourage praiseworthy students based on their merit, under categories such as:
- Category I: Merit-Based Scholarship Scheme
As per the merit list, students from 1 to 30 will be awarded Rs 1,00,000/- only for the first year of the programme. It will be an MBA scholarship from the University.
Details | Scholarship Amount (Rs) per annum |
Top 30 Student | Rs. 1,00,000/- each |
Note: The scholarships mentioned above aren’t definite; however, it’s maximum, and it may vary according to the number of seats filled in one year.
- Category II: Merit-cum-Means Scholarship Scheme
For the first year of the programme, students whose parents’ annual income is less than Rs 3,50,000 would be given Rs 1 lakh [Rupees One lac only] MBA scholarship, which is for the first 25 students only.
Another 25 students would be given the scholarship of Rs 50,000 [Rupees Fifty Thousand only] whose parents’ annual income is less than Rs 5 lakh per annum.
Other 25 students whose parents’ annual income is less than Rs 6 lakh, would be given a scholarship of Rs 25,000 [Rupees twenty-five thousand only].
Particulars | Scholarship Amount per annum (in INR) | |
1 | 25 students, whose parent`s total annual income is less than Rs. 3,50,000/- per annum | Rs. 1,00,000/- each |
2 | 25 students, whose parent`s total annual income is less than Rs. 5,00,000/- per annum | Rs. 50,000/- each |
3 | 25 students, whose parent`s total annual income is less than Rs. 6,00,000/- per annum | Rs. 25,000/- each |
- These scholarships, as mentioned above, will be renewed for the students every year based on the following terms:
- Whether the conduct of the student is good in the previous year or not.
- Only those students will be eligible for next year’s scholarship who maintain merit and have a CGPA of 7 or more. In addition to that, they must have taken and passed all courses in the previous year.
- Those students will be eligible for the next scholarships as long as they aren’t caught using unfair means in any examination conducted by the institute or the University.
- Students must have full attendance; however, illness or genuine reason leaves won’t be counted.
Education Loan Portal by Department of Higher Education, Govt. of India
Vidya Lakshmi is a unique portal to assist students with education loans. The whole loan allocation process is under the regulations of the Department of Financial Services, Department of Higher Education, and the Indian Banks Association. Vidya Lakshmi portal is developed and being maintained by NSDL e-Governance Infrastructure Limited. This portal allows students to view the available loans and apply for the loans directly from the portal anytime. Other than this, the portal allows students to track their loans quite easily and with graphical data projection. And because this portal has linkage to the National Scholarship Portal, that means students can view those national scholarships as well.
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