Mumbai University offers several scholarships to its meritorious students to uplift the economic barriers.The following scholarships are offered to the PG students of the University of Mumbai:
Financial assistance to the students representing backward classes
A provision of INR 10 lakh is marked to render financial assistance to the students belonging to the reserved categories (SC/ ST/ NT/ DT and SBC) studying at various departments of the University.
Financial assistance to the needy students
Provision of Rs 1 crore (Rupees One Crore) as a corpus fund is made since 2004-05 to render financial assistance to needy students belonging to the economically backward class studying at various affiliated colleges/ institutions/ departments of the university.
Book Bank Scheme
Every year the University renders financial assistance to the affiliated colleges to run the Book Bank scheme for the backward class students.
Group Insurance Scheme
In past, the University introduced a Group Insurance Scheme in collaboration with National Insurance Company Limited known as YUVA RAKSHA for students from the affiliated colleges/ institutions and University departments.
Government Scholarships
A number of government scholarships are also offered to the student studying at University affiliated colleges/ institutions and department
Mumbai University FAQs
Given below are the FAQs about the scholarship at Mumbai University:
University of Mumbai scholarships are as follows:
- Lotus Foundation Scholarship
- Syndicate Bank Golden Jubilee Scholarship
- Dr Alzira Roger Borges Scholarship (to the wards of permanent employees at MU)
- Late Rao Saheb Vishwanath Narayan Mandlik Prize
- Late Shri V S Gore Memorial Scholarship
- Sant Kumar Bajoria Scholarship
The Late Shri Mohan Lal Tannan Scholarship which values INR 1,000 each for two years. It is awarded annually to the two candidates who pass the BCom degree examination at the first attempt and secures the highest and the second the highest number of marks respectively, but not less than 55% of marks on the aggregate among the candidates.
MU MCom fees ranges between 1,200 - 1.1 L. MCom is available in various specialisations. Various components like course fees, application fees, security charge, etc. are included in the total fees.
News & Updates
- Chat with our counsellor
- Get your personalised list of colleges & exams matching your preferences
Know more about this University
- Mumbai University Scholarship Details
- Mumbai University Latest News & Notifications 2026
- Mumbai University Courses & Fees 2026: UG, PG, Doctorate, After 10th Courses
- Mumbai University Placements 2026: Average Package, Highest Package, Students Placed
- Mumbai University Cutoff 2026: Check MH CET Law Round Wise Cutoff Percentiles
- Mumbai University Answered Questions
- Mumbai University Faculty Details & Reviews
- Mumbai University Campus and Facilities 2027
University of Mumbai [MU] Notifications
Photos & Videos
+4
Student Forum
Anything you would want to ask experts?Answered 3 months ago
University of Mumbai MBA financial aid schemes mostly focus on full-time management students who are not currently working. Government scholarship rules often exclude employed individuals who are pursuing part-time evening or weekend courses. However, part-time students can check if their corporate
R
Contributor-Level 9
Answered a year ago
University of Mumbai (MU) as of yet has not released any information regarding scholarships offering 100% waivers. However, students can check out the following vibrant scholarship schemes:
- Financial assistance to students representing backward classes: INR 10 Lacs for SC/ ST/ NT/ DT and SBC students
A
Contributor-Level 10
Answered a year ago
Yes there are various scholarships that are available for the students of BTech Mumbai University, who wants to avail it. It is also important for the students to meet the eligibility for availing that offered scholarship. Some of the offered scholarship schemes are written below:
- Financial Assistanc
A
Contributor-Level 10
Answered a year ago
The students enrolled in all the courses including BBA course at the Mumbai University are offered scholarships as per the government and university norms. Students meeting the eligibility for repective scholarships are granted with the same. There are various types of schemes that are available for
A
Contributor-Level 10
Answered a year ago
The Mumbai University allocate scholarships to the students pursuing courses from the University. The scholarships are extended to the students in need, meritorious students, etc. The aim is to provide education despite of the financial constraints/limitations. The scholarships are provided to the s
A
Contributor-Level 10
Meritorious and worthy students can pursue higher education without financial restrictions due to MU scholarships. Students at Mumbai University have access to a range of scholarships. For students to be eligible for Mumbai University scholarships, the university has developed a set of requirements. Scholarships from the University of Mumbai are given out depending on academic achievement. Mumbai University offers scholarships to students from the restricted categories (SC/CT) in addition to academic scholarships. The list of scholarships available along with the requirements are tabulated below:
Scholarship Name
Eligibility
Financial Assistance to the Students Representing Backward Classes
Annual family income is less than INR 1 LPA
Financial Assistance to the Needy Students
Annual family income is less than INR 75,000 LPA
Book Bank Scheme
To the affiliated Colleges to run the Book Bank scheme for the Backward Class students
Government Scholarships
Scholarships for its meritorious and the students belonging from the SC/ST/DT/NT/SBC categories on the basis of the merits