Two tuition policies, not a guaranteed 2027–29 award
MDI Gurgaon’s captured official documents describe two different tuition-support schemes: a Merit-cum-Means (MCM) scholarship and a Tuition Fee Waiver (TFW) scheme. The MCM document says its policy applies from academic year 2021–22 and allows the institute to revise the scheme. The documents available for this page do not confirm that either award will be offered on the same terms to the 2027–29 batch. Read them as the institute’s published policy terms, then ask the Graduate Programme (GP) Admissions office for the current circular before building an affordability plan.
The distinction matters. The MCM policy describes a 50% tuition scholarship awarded after students begin the programme and their first-term results are available. The TFW policy describes a 100% tuition waiver selected from applicants to the admissions process. Neither is a waiver of the full cost of study: the TFW document expressly says candidates remain responsible for charges other than tuition, and the MCM benefit is also defined as tuition support. Keep both separate from hostel, boarding, lodging, materials, deposits and personal expenses listed elsewhere in MDI’s fee information.
MDI’s current admissions page lists PGDM, PGDM-HRM, PGDM-International Business (PGDM-IB), PGDM-Business Analytics and PGDM-Banking and Financial Services (PGDM-BFS) for 2027–29. The scholarship documents do not cover those five programmes consistently. Do not assume that a benefit listed for one award or programme automatically applies to every Gurgaon course.
Merit-cum-Means: amount, allocation and when it is paid
The MCM policy describes 12 scholarships for students in the two-year full-time PGDM, PGDM-HRM, PGDM-IB and Business Analytics programmes. It states an award equivalent to 50% of two-year tuition. Its allocation table lists five PGDM places, two HRM places, two PGDM-IB places, one Business Analytics place and two places for female candidates across PGDM, HRM or PGDM-IB. The document says the award moves proportionately if tuition is revised. That is a policy description, not a current award notice or a promise that 12 places will be available in 2027–29.
There is an important wording issue in the payment section. The same document first describes the benefit as 50% of tuition, then gives four instalments after Term II, III, IV and V, each written as one-quarter of tuition. Those statements do not reconcile transparently. Do not calculate an expected credit from the table or subtract half the published fee before MDI confirms how the instalment amount is interpreted for the current cycle.
The policy also says students must pay the scheduled fees as billed, including those who later qualify. For selected students, the scholarship is credited to their bank accounts after the Scholarship Selection Committee’s recommendation and approval by the competent authority. This is a later credit, not an upfront reduction at admission. Budget for the full payment schedule unless MDI gives the applicant a current written instruction that changes it.
MCM eligibility, selection and continuation
The policy’s stated income test is annual parental income not exceeding ₹8 lakh, linked to the applicable Government policy for Economically Weaker Sections (EWS). It asks for bona fide income documents submitted to the GP office but does not identify every document or certificate the current batch must provide. The selection section says a candidate’s CGPA in Term I and Term II must be above 6.0 for consideration. If candidates tie, the policy says absolute course scores in those terms are considered.
The GP office is to release a scholarship circular at admission, eligible students may apply, and awardees are selected after Term II results by a committee including the Dean (GP), programme chairpersons and faculty members nominated by the Director. The document does not give a 2027–29 application date or a current application link. Ask the office for the circular and the exact documents before relying on the income threshold alone.
The MCM award is conditional after selection. The policy requires at least 6.0 CGPA in each term and good conduct under the student handbook. If a recipient falls below 6.0 in a term, the scholarship stops for the following term; it can be restored in a later term after the recipient reaches 6.0 or more. This makes the award dependent on continued academic performance, not just the initial income and merit test. The policy also says a student drawing a scholarship from another source is not eligible for MCM, so do not assume that MCM can be stacked with outside aid.
Tuition Fee Waiver: admission merit and a separate income certificate
MDI’s TFW policy describes a full tuition waiver for the programme duration, with a maximum of 22 awards or up to 5% of programme intake. Its allocation table lists 15 PGDM places, six PGDM-HRM places and one Business Analytics place. The benefit is limited to tuition. The policy says awardees must still pay the institute’s non-tuition charges, so a 100% tuition waiver should not be read as a free place or a full-cost scholarship.
To apply under the captured policy, a candidate with parental income up to ₹8 lakh a year is asked for an authenticated income certificate issued by a Central or State Government authority or a Revenue department. The candidate applies for TFW at the time of admission. The GP Admissions office prepares a separate merit list, and selection is based on admission merit. The policy says the award can cover tuition through the programme, but the captured text does not state a current 2027–29 deadline, renewal review process or a separate form URL. Confirm those details with the GP office before submitting documents.
The income test resembles MCM’s, but the application timing and selection basis differ. MCM selection follows Term II results and depends on academic performance after enrolment. TFW selection is based on admission merit and is applied for at admission. A candidate should check the exact scheme name on the current form rather than treating the two policies as one application.
Confirm the TFW programme before relying on it
The TFW document contains a material internal inconsistency for PGDM-IB. Its objective says the scheme excludes the PGDM-IB/MiM dual-degree programme with ESCP Europe, but the scope paragraph includes PGDM-IB. The allocation table then lists PGDM, PGDM-HRM and Business Analytics, with no PGDM-IB place. Those passages do not establish a clear IB entitlement. An IB applicant should get a written programme-specific answer from MDI before treating TFW as available.
The newer 2027–29 admissions page also lists PGDM-BFS, which does not appear in the captured MCM or TFW programme allocations. The TFW table assigns a single place to Business Analytics, and the MCM policy uses an older programme label for that course. Neither document expressly allocates a scholarship to BFS. Ask whether a revised policy or a new programme allocation exists for the intake; do not infer coverage from MDI’s general statement that the policies serve PGDM programmes.
For MCM, the captured allocation includes PGDM-IB and Business Analytics, but does not list PGDM-BFS. That is evidence of what the policy document says, not proof that the 2027–29 allocation is unchanged. Programme naming and eligibility should be checked against the current written circular.
What the award does not settle about cost or other aid
Both schemes are framed around tuition. The TFW policy expressly leaves other institutional charges to the student; the MCM policy describes a tuition-based amount and says scheduled fees are still paid before the later credit. Neither captured document says that hostel, meals, learning materials, student activities, deposits or personal expenses are covered. Applicants should compare the exact scholarship wording with the current fee schedule and ask which line items remain payable.
The MCM policy explicitly makes a student drawing another scholarship ineligible for MCM. The TFW document does not explain whether a candidate may combine TFW with institutional or external aid. Treat that as unresolved rather than as permission to stack awards. Ask MDI to confirm whether the candidate must choose one source and how any external scholarship would affect the TFW or MCM award.
Because MCM is paid after term results and TFW is linked to admission merit, they also affect cash flow differently. A candidate may qualify for MCM only after paying early instalments, while TFW is described as removing tuition charges during the programme. The current circular and fee instructions should determine when an applicant actually pays, receives a credit or submits a claim.
Questions to ask the GP Admissions office
Before accepting an offer or arranging a loan, request the current 2027–29 scholarship circular and ask:
- Is MCM or TFW open for the candidate’s exact programme and intake, and how many places are allocated?
- For MCM, does the payment table mean one-quarter of the total tuition or one-quarter of the scholarship amount at each term result?
- For PGDM-IB, which TFW passage controls, and is a current written exception or allocation available?
- Does PGDM-BFS have a current scholarship allocation, and what programme label is used for Business Analytics?
- Which income certificate and supporting records are accepted, where are they submitted, and what is the scholarship-specific deadline?
- When is money credited or tuition removed from the bill, and which non-tuition charges remain payable?
- Can any outside scholarship be held at the same time, especially under TFW?
The official PGDM admissions page is the current starting point for the programme list and intake notices. The two linked policy PDFs provide useful written terms, but the captured versions do not establish a current 2027–29 award circular. Keep the answer tied to the exact programme and get the current terms in writing before counting on a waiver.