MDI Gurgaon Scholarships 2026: Eligibility, Amount, and Course-wise Benefits

MDI Gurgaon offers multiple scholarships especially to those from financially weaker backgrounds. These scholarships are designed not only to reward academic merit. They ensure that deserving students are not held back due to financial constraints.

Whether you’re applying for the flagship PGDM, PGDM-HRM, PGDM-IB, or the newer PGDM in Business Analytics — MDI Gurgaon ensures that support is available. This is done through generous tuition fee waivers. Merit-based scholarships are also offered.

AICTE Tuition Fee Waiver (TFW) Scholarship

The AICTE Tuition Fee Waiver (TFW) is a flagship financial aid program for first-year PGDM and PGDM-HRM students. It aims to support bright students from low-income families.

Eligibility Criteria:

1. Must be enrolled in PGDM or PGDM-HRM (first year only).
2. Family income should be INR 8 lakh per annum or less.
3. Students must provide any one of the following:
   1. Family income certificate issued by a government revenue authority
   2. Economically Weaker Section (EWS) certificate
   3. Non-Creamy Layer certificate (from a government authority)

Scholarship Benefits:

• 100% tuition fee waiver
• 15 scholarships for PGDM students
• 6 scholarships for PGDM-HRM students

Terms & Conditions:

• Only applicable during the first year.
• Based on admission rank and financial documents.
• Cannot be combined with any other MDI Gurgaon scholarship.
• Final approval lies with the Scholarship Selection Committee.

Merit-cum-Means Scholarship

To support students who are academically strong but financially challenged, MDI offers the Merit-cum-Means (MCM) Scholarship across all full-time PGDM programs, including:

• PGDM
• PGDM-HRM
• PGDM-IB
• PGDM – Business Analytics (BA)

Eligibility Criteria:

• Must be enrolled in a 2-year full-time PGDM course at MDI Gurgaon.
• Minimum CGPA of 6.0 after Term I and II.
• Family income should be INR 8 lakh per annum or less.

Scholarship Benefits:

• 50% waiver of tuition fees.
• 10 total scholarships, including 2 reserved for female candidates.

Course-wise Breakup

Check MDI Gurgaon course-wise scholarship criteria:

Disbursement Schedule

Terms & Conditions:

• Scholarship is granted only after the declaration of Term II results.
• Renewal requires maintaining a CGPA of 6.0 or higher.
• Applicants must submit a valid income certificate.
• Only one scholarship can be availed at a time.
• Final decision rests with the Scholarship Selection Committee, chaired by the Dean and other senior faculty members.

Financial Assistance for FPM (Residential) Students at MDI Gurgaon

MDI Gurgaon extends a generous financial support package to its full-time FPM residential scholars.

Scholarship Details:

1. Monthly Fellowship: FPM scholars receive a monthly scholarship of INR 60,000, disbursed for a maximum duration of:
   1. 4 years for students without an MBA
   2. 3 years for those who already hold an MBA degree
2. Contingency & Conference Grants: To support academic pursuits and research
   1. A contingency grant of INR 1,50,000 (total) is provided for expenses like fieldwork, books, and data collection.
   2. A conference grant of INR 4,00,000 (total) is available for presenting research papers at academic forums, seminars, and international conferences.
3. Fee Waivers: Residential scholars enjoy complete waivers on:
   1. Tuition fees
   2. Learning material fees
   3. Student welfare and activity fees
   4. Library fees

This financial aid is subject to satisfactory academic and research progress, as assessed periodically by the institute.

Fee Structure (Residential vs Non-Residential FPM)

Below is a comparison of fees applicable for residential and non-residential FPM scholars:

*One-time charges are payable at the time of admission.

MDI Gurgaon Scholarships: Course-wise Summary Table