MDI Scholarship is provided to students from PGDM/MBA courses enrolled in different specializations. MDI Gurgaon has launched a scholarship program for giving financial help to meritorious students. MDI Gurgaon is a private business school in India established in the year 1973. MDI Gurgaon scholarships range between INR 8,00,000 to INR 22,00,000. Given below are the MDI Gurgaon scholarships:

  • AICTE Tuition Fee Waiver (TFW) Scholarship
  • Merit cum Means Scholarship

Check More: MDI Gurgaon Admission


MDI Gurgaon AICTE Tuition Fee Waiver Scholarship

MDI Gurgaon AICTE Tuition Fee Waiver (TFW) scheme is applicable for the first-year students of PGDM and PGDM-HRM programs. There are a maximum of 15 scholarships available for the PGDM students and 6 scholarships for the PGDM HRM students at MDI Gurgaon. A 100% MDI scholarship is given to the candidate based on merit in the admission rank. The annual family income should not be more than INR 8,00,000 for availing of the AICTE Tuition Fee Waiver scholarship at MDI Gurgaon. Any one of the following certificates should be submitted by the student during the program for applying to the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) Scheme. 

  • Family income certificate issued by any Government Revenue Authority
  • Economically Weaker Section (EWS) Certificate
  • Non-Creamy Layer certificate issued by a Government body 

The number of candidates for the MDI Gurgaon scholarship will be considered on the basis of approved intake and admission rank. A total of 20 students availed of the MDI Gurgaon AICTE scholarship from the batch 2022-24 where an amount worth INR 3,52,00,000 was waived off as a 100% tuition fee waiver.

Check More: MDI Gurgaon Courses & Fees


MDI Gurgaon Merit cum Means Scholarship

MDI Gurgaon Merit cum Means Scholarship is granted to a total of 10 students with a 50% waiver of tuition fees. This scholarship is available for the students enrolled in the full-time 2-year program which includes the PGDM/PGDM- HRM/PGDM-IB courses at MDI Gurgaon. The scholarship is linked with the applicant’s performance in semester examinations. The annual family income must be up to INR 8,00,000 to avail of the MDI Gurgaon Merit cum Means Scholarship. 

The following amount will be provided to the students:

Particulars PGDM/PGDM-HRM PGDM-IB
Tuition Fees  INR 16,00,000 INR 22,00,000
Scholarship 50%  INR 8,00,000 INR 11,00,000 

Only 10 students can avail of the MDI Gurgaon Merit-cum-Means scholarship as listed below:

Program  Total number of Students 
PGDM  4
PGDM-HRM 2
PGDM-IB  2
PGDM/PGDM-HRM/PGDM-IB 2 - Female Candidates 

The monetary outcome of the MDI Gurgaon Merit-cum-Means scholarship is as follows:

Program  Total Number of students  Scholarship Amount  Total Scholarship Amount 
PGDM  4 INR 8,00,000 INR 32,00,000
PGDM-HRM 2 INR 8,00,000 INR 16,00,000
PGDM-IB  2 INR 11,00,000 INR 22,00,000
PGDM/PGDM-HRM/PGDM-IB 2 - Female Candidates  INR 8,00,000 - INR 11,00,000  INR 16,00,000 - INR 22,00,000

After the approval by the Scholarship Selection Committee and the Competent Authority, the amount of the scholarship will be credited to the candidate’s bank account.

The details regarding the disbursement of the MDI scholarship are as follows:

Particulars PGDM PGDM-HRM  PGDM-IB 
After the Result of Term II INR 2,00,000 INR 2,00,000 INR 2,75,000
After the Result of Term-III INR 2,00,000 INR 2,00,000 INR 2,75,000
After the Result of Term-IV  INR 2,00,000 INR 2,00,000 INR 2,75,000
After the Result of Term-V  INR 2,00,000 INR 2,00,000 INR 2,75,000
Scholarship Amount  INR 8,00,000 INR 8,00,000 INR 11,00,000

MDI Gurgaon Merit cum Means Scholarship Guidelines

The aspiring candidates of the MDI Gurgaon Merit cum Means scholarship have to fulfill the below-mentioned criteria for securing this scholarship.

  • Candidates securing a CGPA above 6.0 in Term I & Term II are eligible for this scholarship scheme. 
  • The annual family income must be up to INR 8,00,000. 
  • For the continuation and renewal of this scholarship in the subsequent year, a candidate must maintain at least 6 CGPA. 
  • GP office will release the circular for the scholarship at the time of admission. 
  • The Scholarship Selection Committee will comprise the Dean (GP), Programme Chairpersons, and two (2) Faculty members nominated by the Director.
  • The selection of the candidate will be done after the declaration of Term II results. 
  • The grant of the scholarship will depend on good academic records & behavior. 
  • The institute holds the decision-making power regarding the selection and continuation/ discontinuation of the scholarship. 
  • A candidate is eligible for availing of only one scholarship at a time.

Check More: MDI Gurgaon Placements


MDI Gurgaon Scholarship FAQs

Ques. Is there any Scholarship at MDI Gurgaon?

Ans. MDI Gurgaon scholarships are available under two schemes namely, AICTE Tuition Fee Waiver (TFW) Scholarship and Merit cum Means Scholarship.

Ques. What is the highest amount of scholarship offered by MDI Gurgaon?

Ans. The highest scholarship amount offered by MDI Gurgaon is INR 22,00,000. 

Ques. What is the required CGPA for availing MDI Gurgaon scholarship?

Ans. A candidate must maintain a CGPA of 6.0 or above for availing, continuing, and renewing the scholarship. 

Ques. What are the documents required for applying for the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) Scholarship?

Ans.  Any one of the following certificates should be submitted by the student during the program for applying to the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) Scheme. 

  • Family income certificate issued by any Government Revenue Authority
  • Economically Weaker Section (EWS) Certificate
  • Non-Creamy Layer certificate issued by a Government body 

Ques. Does MDI Gurgaon offer a Merit Scholarship?

Ans. MDI Gurgaon offers merit cum means scholarships to 10 students. Under this scholarship scheme, a 50% tuition fee waiver is given to the beneficiaries enrolled under PGDM/PGDM- HRM/PGDM-IB course at MDI Gurgaon.

Ques. How are the students selected for the MDI Gurgaon scholarship?

Ans. MDI Gurgaon scholarship beneficiaries will be chosen by the selection committee. The Scholarship Selection Committee will comprise the Dean (GP), Programme Chairpersons, and two (2) Faculty members nominated by the Director.

Ques. How many students can avail of the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) scheme?

Ans. There are a maximum of 15 scholarships available for the PGDM students and 6 scholarships for the PGDM HRM students under the MDI Gurgaon AICTE Tuition Fee Waiver scheme.

Ques. What are the income criteria for availing MDI Gurgan scholarship?

Ans. The annual family income should not be more than INR 8,00,000 for availing of MDI Gurgaon scholarships.

Ques. Does MDI Gurgaon offer any scholarships to female students?

Ans. MDI Gurgaon has a reservation policy for giving scholarships to female students. At least 2 female candidates will be given the MDI Gurgaon merit cum means scholarship on a compulsory basis.

Ques. What is the range of scholarships offered at MDI Gurgaon?

Ans. MDI Gurgaon scholarship ranges between INR 8,00,000 and INR 22,00,000 for the PGDM students enrolled in different specializations.