National Institute of Securities Markets Scholarships and Funding
Various categories of scholarships have been made available and designed to cater to different students. Following merit based scholarships and tuition fee waiver schemes are in place:
1. Merit Scholarship: Students who have secured 1st rank at the preceding degree (in an examination where at least 120 students have taken exam in the respective University/ Institute) are eligible for 50% of the tuition fee waiver during the first year.
2. Economically backward students: Economically backward students, with meritorious academic record are eligible for 50% of tuition fee waiver in the first year, whose parent/guardian income is less than Rs. 4.00 lakh per annum.
3. Students from local area: Students from Raigarh (MH) district securing admission in PGDM-SM program are eligible for 30% of tuition fee waiver in the first year. Such students are not eligible for hostel accommodation.
4. Fee Waivers for students based on admission merit criteria: Students with 1st Class and above in graduation level along with CAT / XAT / GMAT score of 75 percentile & above and other eligible test scores of 80 percentile & above are eligible for tuition fee waiver up to 50% only in the first year of study.
5. SC/ST and Backward Class students: Students from the SC/ST and Backward class category are eligible for a 50% tuition fee waiver in the first year, subject to the condition that they are selected through a competitive process in terms of prescribed eligibility criteria for selection.
6. Children of employees of SEBI registered entitiesare eligible for 30% of tuition fee waiver in first year of study.
7. Children and Spouse of Staff /outsourced staff: Children and Spouse of Employees of SEBI/NISM and support / outsourced staff of NISM are eligible for 40% of tuition fee waiver in the first year.
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