MBA colleges in Delhi with Scholarship 2026

Complete guide to MBA scholarships at Delhi colleges — government fee waivers, institutional merit awards, and national fellowships. Reduce your MBA cost from ₹22L to under ₹5L.

⚡ Quick Answer

Top MBA scholarship options in Delhi: Delhi Post-Matric Scholarship (SC/ST/OBC — full fee waiver), EBC Scholarship (Open category income < ₹8L — 50% waiver), FMS Delhi Merit Scholarship (top SNAP scorers — ₹1–3L off), AICTE Pragati (women students — ₹50K/yr). Apply via NSP Delhi Scholarship portal within 3 months of admission.

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7+

Scholarships Available

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₹10L+

Max Savings

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₹8L/yr

Income Limit (Govt.)

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NSP Delhi Scholarship

Apply Via

MBA Fees After Scholarship — Delhi Colleges 2026

Estimated fees after applying maximum available scholarships. Actual amount depends on eligibility.

CollegeOriginal FeesAfter Scholarship
FMS Delhi (DU)₹55K total₹25K–₹45K
MDI Gurgaon₹22L total₹15L–₹20L
IMI Delhi₹7L–₹11L₹5.5L–₹9.5L
Fore School Delhi₹5L–₹7.5L₹2.5L–₹6.5L
Indira Institute₹4.2L–₹6.5L₹2L–₹4.5L
IMS Ghaziabad₹2.8L–₹4.5L₹1.5L–₹3L

All MBA Scholarships Available in Delhi 2026

GGovernment Scholarships

Delhi Government Post-Matric Scholarship

Government
Eligibility: SC/ST/OBC/VJNT/SBC students with family income < ₹8L/yr
Amount: Full tuition + ₹12,000–₹25,000 maintenance per year
Colleges: All approved MBA colleges

EBC (Economically Backward Class) Fee Waiver

Government
Eligibility: Family income < ₹8L/yr (Open category)
Amount: Up to 50% tuition fee waiver
Colleges: Government-aided MBA colleges in Delhi

IInstitutional / Merit Scholarships

FMS Delhi Merit Scholarship

Institutional
Eligibility: Top 10% CAT scorers admitted to FMS Delhi (DU)
Amount: ₹10,000–₹30,000 deduction (already very low fees)
Colleges: FMS Delhi (Faculty of Management Studies, DU) only

IMI Delhi Academic Excellence Fellowship

Institutional
Eligibility: CAT 90+ percentile or top 5% of batch
Amount: ₹50,000–₹1.5L per year
Colleges: IMI Delhi (International Management Institute)

MDI Gurgaon Need-cum-Merit Scholarship

Institutional
Eligibility: CAT 95+ percentile + family income below ₹5L/yr
Amount: 10–30% fee waiver on tuition
Colleges: MDI Gurgaon (Management Development Institute)

NNational Scholarships

AICTE Pragati Scholarship (Women)

National
Eligibility: Women students in approved MBA programs, family income < ₹8L/yr
Amount: ₹50,000/yr + ₹2,000/month contingency
Apply: https://scholarships.gov.in

NSP Post-Matric Scholarship

National
Eligibility: SC/ST students with 50%+ marks
Amount: Full maintenance + tuition (state-specific slabs)
Apply: https://scholarships.gov.in

How to Apply for MBA Scholarship in Delhi 2026

Government Scholarship (NSP Delhi Scholarship)

  1. 1Get admission in any approved MBA college in Delhi
  2. 2Register on NSP Delhi Scholarship.Delhi.gov.in
  3. 3Select the relevant scholarship scheme (EBC / Post-Matric / OBC)
  4. 4Upload income certificate, caste cert, fee receipt, admission letter
  5. 5Submit application before November deadline
  6. 6Track status and collect scholarship in your bank account

Documents Required

  • Income certificate (Tehsildar-issued, < ₹8L/yr)
  • Caste/category certificate (SC/ST/OBC/EBC)
  • College admission letter & fee receipt
  • 10th & 12th marksheets
  • Bank account passbook (Aadhaar-linked)
  • Aadhaar card
  • Entrance exam scorecard (CAT/MAT/SNAP)
  • Domicile certificate (Delhi)

Frequently Asked Questions — MBA Scholarships in Delhi

Which MBA college in Delhi gives the best scholarship?

FMS Delhi (DU) already has ₹55K total fees — the best value by far. For scholarships at private colleges, IMI Delhi's Academic Excellence Fellowship (₹1.5L/yr) and MDI Gurgaon's need-cum-merit scholarship are significant. Government EBC/SC/ST scholarships at FORE School, BIMTECH, and LBSIM can reduce fees by 50%, bringing MBA cost below ₹5 lakh.

Can I get an MBA in Delhi for free with a scholarship?

Yes, for SC/ST students at government-aided MBA colleges in Delhi (like Government College of Engineering's MBA program), full fee waiver is available under Delhi government post-matric scholarship. At private colleges, full fee waiver is rare — you can typically reduce fees by 30–50%.

What is the income limit for MBA scholarship in Delhi?

Delhi government scholarships (Post-Matric, EBC) require annual family income below ₹8 lakh. This applies to SC/ST/OBC/VJNT/SBC and Open category EBC students. Income certificate from the Tehsildar is required. Apply via NSP Delhi Scholarship portal before the academic year starts.

Does FMS Delhi offer scholarship on CAT score?

FMS Delhi (Faculty of Management Studies, Delhi University) already has ₹55K total fees — making it the most affordable top MBA in India without any scholarship. The college does provide merit scholarships to top CAT performers and reserved category students can also claim Delhi government scholarships additionally. FMS Delhi does NOT use SNAP — admission is through CAT only.

How to apply for MBA scholarship in Delhi 2026?

Step 1: Register on NSP Delhi Scholarship portal (NSP Delhi Scholarship.Delhi.gov.in) after admission. Step 2: Select 'Post-Matric Scholarship' or 'EBC Scholarship'. Step 3: Upload income certificate, caste certificate, admission letter, fee receipt. Step 4: Apply before the deadline (usually November each year). For institutional scholarships, contact the college admissions office directly.

What is the AICTE Pragati Scholarship for MBA women students in Delhi?

AICTE Pragati Scholarship provides ₹50,000/year + ₹2,000/month contingency allowance to women MBA students whose family income is below ₹8 lakh/year. Available at all AICTE-approved MBA colleges in Delhi including IMI Delhi, Fore School Delhi, Indira Institute, and Symbiosis institutes. Apply via scholarships.gov.in.

Is there a scholarship for MBA without CAT in Delhi?

Yes. Most Delhi government scholarships (EBC, Post-Matric, NSP) are exam-agnostic — they're based on income and category, not CAT score. Colleges like FORE School Delhi, BIMTECH, and LBSIM offer institutional scholarships regardless of whether you used CAT, MAT, or CMAT for admission.

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