NM College Mumbai provides various scholarships based on both merit and need-based under the different scholarship schemes by the Government of Maharashtra. The terms & conditions for the Scholarships/ Freeships vary from Scholarship to Scholarship and the students can avail of only one Scholarship / Freeship in a year.

Here is a list of Narsee Monjee College of Commerce and Economics College Scholarship 

  • Scholarship to the Scheduled Caste/Scheduled Tribes/ Person with Disability/ V.J.N.T. / Special Backward Class (SBC)/ (OBC) other Backward Class Students.
  • Award of Freeship/ Examination Fees to Scheduled Caste/ Scheduled Tribes/ VJNT/ Special Backward Class (SBC) /Other Backward Class Students.
  • Government Scholarship to Pupils of Central Sector Scheme for Undergraduate Courses.
  • Post Matric Scholarship to students of Minority Community. (Viz. Muslim, Buddhist, Christian, Parsi, Sikh, Jain, etc.)
  • Government Studentship to pupils of Economically Backward Classes for Junior College.
  • State Government Open Merit Scholarship.
  • Education Concession to the Children of Ex-Servicemen.
  • Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulka Shishyavrutti Scheme.
  • Eklavya Scholarship for Post Graduate Students.