What the scholarship pool means
NDIM’s current “Fee and Scholarships” page, alongside its 2027–29 PGDM fee schedule, says the institute has created a ₹2.5 crore pool for students who qualify for scholarships and/or rebates. That is an institution-level pool, not a promised award to each applicant. The page does not say how many students will receive support, how much is reserved for this batch, or what an individual student will receive. Do not divide the total by the batch size or subtract a share from the published tuition to estimate your payable fee.
The distinction matters when comparing offers. A pool describes the broad funding envelope the institute says it has set aside; an award letter identifies a student-specific amount and terms. Until NDIM confirms an award in writing, budget using the published fee and treat any scholarship or rebate as uncertain. The official page is the place to check for a revised schedule or clarification before applying.
Scholarship criteria are stated without published cutoffs
For scholarships, NDIM lists high percentiles in CAT, XAT, CMAT, MAT, GMAT or ATMA, and/or a strong academic record in Class 12 and graduation. It also says the scholarship amount varies with the percentile and the examination in which it was scored. This supports a practical conclusion: the page does not define one common score threshold or one fixed award for all applicants. It does not publish percentile bands, a marks formula, the weight assigned to school and graduation results, or a scholarship amount table.
The phrase “and/or” appears in the institution’s criteria, but the page does not explain how the factors are combined, whether an academic record without a listed test can qualify, or whether a test score is assessed differently by examination. Do not assume a score that was sufficient for admission will automatically earn a scholarship. Ask the admissions team which scorecard and academic records are considered for the 2027–29 intake and whether the selection criteria have changed since the current page was checked.
Rebates are listed separately from scholarships
NDIM lists rebates for wards of defence and paramilitary personnel; siblings of current students or alumni; NDIM BBA or BCom students; students from Jammu and Kashmir and the Northeastern states; SC, ST, OBC and EWS students; and wards of a single parent. The institution’s page uses the label “rebates” for these categories and describes “scholarships and/or rebates” as distinct forms of support. Its final bullet places “SC/ST/OBC/EWS Students” next to “Wards of a Single Parent” without punctuation that clearly shows whether these are separate or overlapping groups. If either description applies to you, ask NDIM how it interprets the category and what proof it requires. The page does not state that every listed group receives a scholarship, nor does it name a rebate amount.
The published list also does not explain whether categories can be combined, whether a family relationship or state of residence must be established by a particular document, or what the approval and renewal steps are. If more than one description applies to you, ask NDIM which category to apply under and whether only one rebate can be used. Do not assume that eligibility under a listed category guarantees a particular reduction or that different rebates can be stacked.
Budget against the published fee before aid
For the 2027–29 PGDM batch, NDIM lists tuition on its published fee schedule at ₹7,00,000 per year, or ₹14,00,000 over two years. Its semester-wise schedule lists four instalments of ₹3,50,000 and an additional annual convenience charge of ₹6,000 when paying semester-wise. The institute says hostel accommodation and international study tours are optional and excluded from the course fee. A possible scholarship or rebate is not a reason to treat these gross amounts as a net quote.
Build a budget from the fee schedule first, then separately confirm any award, payment timing and optional costs. The page says hostel charges depend on facilities and lists twin-sharing accommodation from ₹11,000 per month; availability and the final charge can vary with room type and amenities. That housing figure is not a scholarship value and should not be subtracted from tuition. If the offer changes, rely on the latest written schedule rather than a previous application page or an informal estimate.
Questions to confirm before you apply
The fee page says all students first need to apply and qualify in NDIM’s Group Discussion and Personal Interview. Its current eligibility page describes the admission route and lists the tests accepted for shortlisting. That admission process is not the same as a scholarship decision: the fee page does not say when awards are assessed, whether an award is announced before enrolment, how long it remains valid, or how an applicant should appeal a decision.
Before paying, ask the admissions office to confirm the 2027–29 scholarship and rebate criteria, required documents, decision date, payment adjustment or refund process, renewal conditions and whether aid can be combined with another category. Ask for the final amount and conditions in writing. The institute’s page gives no guarantee that the pool will cover a specific applicant’s tuition, accommodation or study-tour expenses. Use the official fee-and-scholarships page for current terms and the admission portal for application instructions.