K J Somaiya Institute of Management
K J Somaiya Institute of Management

K J Somaiya Institute of Management Scholarship 2023-24

Mumbai, Maharashtra

K J Somaiya Institute of Management places a strong emphasis on providing a variety of scholarship opportunities to students, fostering a culture of inclusive education that offers equal access to deserving candidates, both at the postgraduate and doctoral levels.

The scholarship ranges from INR 1 to 2 Lakhs annually and is applicable throughout the entire duration of the program. The allocation of this special scholarship is determined on a first-come-first-serve basis, taking into consideration the overall profile of the candidate.

Postgraduate students at K J Somaiya Institute of Management have access to a merit-based scholarship policy, the details of which are accessible on the institute's official website.

Beyond these institutional scholarships, there are also industry-sponsored scholarships that cater to undergraduate students. These scholarships are made possible through the support of organizations like Blue Star, JSW Foundation, Ramlal Khetawat, Sulzer, and People United for Students’ Help (PUSH). 

K J Somaiya Scholarships

K J Somaiya Institute of Management offers three types of scholarships:

Financial Aid

Financial assistance is readily accessible for individuals seeking admission to any undergraduate or postgraduate program offered by SVU. To qualify for financial aid, applicants must meet one of the following criteria:

  • A family income of less than ₹800,000 per annum.
  • Individuals with Disabilities (PwD).
  • Dependents of defense personnel who have been disabled or have unfortunately lost their lives in the line of duty.
  • Applicants who have demonstrated their athletic prowess by representing their state and/or country in any recognized sport (applicable exclusively to B.Sc. Sports and Exercise Science applicants).
  • Financial Aid will be awarded to the selected applicants on their tuition fees, the aid will be in between 20% to 80% based on the evaluation process.

Somaiya Scholarships

The Somaiya Scholarship presents an opportunity open to all students enrolled in various programs at Somaiya Vidyavihar and Ayurvihar, ranging from diploma courses to degree programs. This scholarship program aims to extend financial support to diligent and academically accomplished students who may be facing financial constraints, primarily with the intention of assisting with tuition expenses.

K J Somaiya Scholarship: Year-wise Statistics

Academic Year

Number of Students

Award Amount

2022-23

99

36,34,959

2021-22

102

21,14,911

2020-21

66

17,76,857

2019-20

65

14,29,113

2018-19

70

14,41,973

2017-18

55

5,70,837

TOTAL

457

1,09,68,650

Institutional Scholarships

K J Somaiya Institute of Management offers Institutional Scholarships as well. Every year 5 scholarships are offered to meritorious students.

Eligibility

The eligibility criteria to avail the institutional scholarship at K J Somaiya Institute of Management is depicted in the image below:KJ Somaiya Scholarship Eligibility

Eligibility for the Renewal of Scholarship

Students can also apply for the renewal of the scholarship. However, they have to fulfil certain requirements. These requirements are as given in the image below:

KJ Somaiya Scholarship Renewal Eligibility

Frequently Asked Questions (FAQs)

What are the different types of scholarships provided by KJ Somaiya Institute of Management?

KJ Somaiya Institute of Management offers three distinct types of scholarships: Financial Aid, Somaiya Scholarships, and Institutional Scholarships.

What are the eligibility criteria for Financial Aid?

To be eligible for Financial Aid, applicants must meet one of the following criteria: a family income of less than ₹800,000 per annum, individuals with disabilities (PwD), dependents of defense personnel who have been disabled or have tragically lost their lives in the line of duty, or applicants who have showcased their sporting excellence by representing their state and/or country in any recognized sport (specifically applicable to B.Sc. Sports and Exercise Science applicants).

How much financial support is awarded through Financial Aid?

Financial Aid is granted to selected applicants to alleviate their tuition fees. The extent of aid provided typically falls within the range of 20% to 80%, with the exact amount determined through an evaluation process.

Could you explain what the Somaiya Scholarship is?

The Somaiya Scholarship is an inclusive opportunity accessible to students enrolled in various programs at Somaiya Vidyavihar and Ayurvihar, spanning from diploma courses to degree programs. This scholarship initiative is designed to extend financial assistance to dedicated and academically accomplished students who may be encountering financial constraints, primarily to help cover their tuition expenses.

Are there any Institutional Scholarships available at KJ Somaiya Institute of Management?

Yes, KJ Somaiya Institute of Management also offers Institutional Scholarships. Annually, five scholarships are made available to commendable students as a form of recognition for their academic excellence and achievements.

 

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