NMAT by GMAC MBA Scholarship

NMAT by GMAC MBA Scholarship helps candidates pursue the MBA program at 13 prestigious Indian business schools. It is granted on the basis of NMAT scores, academic performance, professional, and extracurricular activities.

About NMAT by GMAC MBA Scholarship 2025

NMAT by GMAC MBA Scholarship is a scheme to help MBA course candidates get a quality education at some of the leading B-schools across the country. Some of them are ISBRBennett UniversityAthena School of Management etc. Presently, scholarships offered under this program are on the basis of NMAT scores, academic performances and special accomplishments. NMAT is an important part of the student selection process, and those candidates who received an NMAT score above predefined thresholds (from 160) can receive 10-100% of scholarships that help the students decrease their tuition costs by 10% to 25%.

Further, universities including SDA Bocconi Asia Centre have dedicated scholarships for women leaders, sportspersons, and extraordinary extracurricular accomplishments creating a talent diversity. There are also provisions for special exemption from some of these fees for the financially backward candidate and for those who are virtually involved in social work. It is not only financial aid but can be an opportunity for outstanding contenders to attend management courses.

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Overview of NMAT by GMAC MBA Scholarship 2025

The complete details about NMAT by GMAC MBA scholarships are given below:

AspectDetails
Scholarship ProviderGMAC (Graduate Management Admission Council)
EligibilityNMAT score of 160 or higher
Scholarship Amount10% to 25% tuition fee waiver
Number of ScholarshipsVaries depending on the program and institution
Application PeriodTypically aligned with NMAT exam dates
Selection CriteriaBased on NMAT score
Required PercentileNMAT score of 160 or higher
Application ProcessApply through the respective participating universities
Academic QualificationMust meet the program- specific qualifications

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Eligibility Criteria for NMAT MBA Scholarship

The eligibility criteria for the NMAT by GMAC MBA Scholarship are based on a candidate’s performance in the NMAT exam. To qualify for different B-schools, candidates must be eligible for the following criteria.

B-SchoolNMAT Score RangeScholarship Amount Total Number of Scholarships 
Alliance School of Business, Bangalore210+50% of feesTop 10 students
180-20935% of feesTop 10 students 
160-17925% of feesTop 20 students
Athena School of Management, Mumbai200+Gold 50% of fees-
185+Silver 35% of fees3
150+Bronze 25% of feesAs many as eligible 
Bennett University, Greater Noida220+100% of fees-
211-22050% of fees-
196-21030% of fees-
BSE Institute Ltd, Mumbai185+Up to 20% of feesTop 5 students 
ITM Business School, Navi Mumbai160+20% scholarship, full first year scholarshipAs applicable 15 scholarships 
ISBR Business School, Bangalore160+25-100% tuition fees waiver15 scholarships 

Additional Scholarships by NMAT

Here are the details about additional scholarships for MBA aspirants through NMAT by GMAC:

B-SchoolScholarship DetailsAmount/Details
Jindal Global Business School, DelhiBased on NMAT scoreINR 1,20,000 to INR 75,000 depending on score
SDA Bocconi Asia Centre, MumbaiDean's Fellowship, Women in Leadership, Cultural/Sports ScholarshipsINR 2 lac
Thapar School of Management, PunjabMerit-based75 scholarships available
SOIL, GurgaonTop 5 percentileINR 2 lacs for top performers
Financial need-basedINR 2.5 lacs for low-income applicants
Universal Business School, MumbaiBased on NMAT scoreINR 100,000 to INR 200,000
BML Munjal University, GurgaonBased on NMAT score50% of fees for scores 195+, 10% for 160-180
IILM University, GurgaonBased on NMAT scoreVaries

Also Read: Digital Gujarat Scholarship

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Documents Required for NMAT by GMAC MBA Scholarship

Applying for the NMAT by GMAC Scholarship for MBA requires a few essential documents. Candidates should be prepared to submit their NMAT scorecard, academic transcripts, ID proof, and relevant documents necessary, depending on specific B-school requirements.

Documents Details 
NMAT Score cardA copy of the official NMAT score to validate eligibility.
Academic Records Proof of academic performance, like high school and undergraduate transcripts.
Work Experience If applicable, certificates or letters of employment.
ID ProofGovernment-issued identification (e.g., passport, PAN card Aadhar card).
Financial Documents Income proof for need-based scholarships, such as tax returns.
Extracurricular Rewards For merit-based or specific profile scholarships.
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How to Apply for NMAT by GMAC MBA Scholarship?

Here are the steps on how you can apply for an NMAT by GMAC MBA scholarship.

  • Begin by registering on the official NMAT website (nmat.org). This will create a personal profile and access the scholarship application portal.
  • Provide your personal, educational, and work-related information. This ensures that the NMAT application is complete and that your details are correctly recorded.
  • Select up to 5 schools or colleges where you want to send your NMAT scores. The application fee includes sending results to these schools.
  • If you wish to send your scores to more than five institutions, an additional fee of INR 300 (plus taxes) is required for each extra school.
  • Ensure that the schools you choose are part of the GMAC network to qualify for the scholarship. Only GMAC partner institutions are eligible for the scholarship.

Also ReadRolls Royce Unnati Scholarship

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Benefits of Applying for NMAT by GMAC MBA Scholarships

The NMAT by GMAC Scholarship for an MBA offers significant advantages, enabling aspiring MBA students to affordably access quality education at leading B-schools. This scholarship supports high-achieving students in multiple ways, encouraging academic excellence and personal development. Here are some benefits:

  • With scholarships offering up to 100% tuition waivers, eligible students can ease the financial burden of pursuing an MBA, making quality education more accessible.
  • Scholarships consider not only test scores but also extracurricular achievements, leadership, and unique profiles, supporting well-rounded candidates.
  • The scholarship motivates students to achieve high NMAT scores, rewarding academic commitment and preparation with substantial financial aid.
  • Special scholarships for women, economically challenged students, and those in social work foster an inclusive learning environment that values diversity.
  • By reducing financial stress, these scholarships allow students to focus on their education and career goals, ultimately enhancing their professional prospects.
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FAQs about NMAT by GMAC MBA Scholarship

Which schools offer NMAT by GMAT MBA scholarship?

Several top schools, such as ISBR, Bennett University, and SDA Bocconi Asia Centre, offer scholarships based on NMAT scores. Each institution has its own criteria, offering varying scholarship percentages depending on the candidate’s NMAT score and profile. These scholarships aim to provide financial support to deserving candidates, encouraging them to pursue their MBA ambitions.

How do I apply for the NMAT by GMAT MBA scholarship?

After registering on the NMAT website, submit the required personal and academic information, select eligible partner institutions, and complete the NMAT application to be considered for scholarships.

What are the benefits of the NMAT by GMAC MBA scholarship?

The NMAT by GMAT MBA scholarship offers valuable tuition fee waivers, ranging from 10% to 100%, making quality MBA programs more accessible to deserving students. This initiative helps ease the financial burden on candidates with exceptional academic potential, enabling them to pursue their MBA goals while ensuring they don’t face financial obstacles in achieving their career aspirations.

Who is eligible for the NMAT by GMAC MBA scholarship?

Candidates scoring 160+ on the NMAT exam may qualify, with specific requirements varying by school. Some scholarships also consider academic performance, leadership roles, or financial need.

What is the NMAT by GMAC MBA scholarship?

The NMAT by GMAC MBA scholarship provides tuition waivers for MBA aspirants with high NMAT scores, supporting students with 10% to 100% fee reductions at selected business schools. Scholarships are awarded based on academic achievements, NMAT scores, and extracurricular involvement, allowing top candidates to access quality MBA programs while easing financial burdens.

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