Muthoot Finance has announced the ninth installment of the Muthoot M George Higher Education Scholarship. This initiative commits Rs 3.36 crore in financial aid. It aims to support students pursuing Bachelor of Technology (BTech), Bachelor of Medicine and Bachelor of Surgery (MBBS), and Bachelor of Science (BSc) in Nursing degrees. Applications for the 2025 academic year are open. The deadline for submissions is November 30, 2025 . Interested candidates must apply through the official website:mgmscholarship.muthootgroup.com.
Scholarship Overview
The program will award a total of 210 scholarships. These scholarships provide crucial financial assistance for students facing economic challenges. The funding ensures deserving individuals can pursue higher education in high-demand fields. This support spans the full four-year duration of their chosen courses.
Each of the seven participating cities will see ten students selected from each of the three eligible streams. This structure ensures broad regional distribution of the scholarship benefits. The selected cities include Kerala, Bengaluru, Hyderabad, Mumbai, Delhi, Chennai, and Kolkata.
Eligibility Criteria
Candidates applying for the Muthoot M George Higher Education Scholarship 2025 must fulfill specific requirements. These criteria ensure aid reaches academically strong and financially challenged students.
- Academic Enrollment: Applicants must be enrolled in BTech, MBBS, or BSc Nursing programs for the academic year 2025. These are undergraduate degrees typically requiring four years of study.
- Academic Performance: A minimum of 90% marks or an equivalent grade in Class 12 examinations is mandatory. This threshold identifies students with strong academic records.
- Admission Route: Admission to the chosen professional course must be secured through a recognized entrance examination. This validates the student’s merit and standard admission procedures.
- Financial Need: The applicant’s annual family income must not exceed Rs 2 lakh. This criterion ensures the scholarship targets students from economically weaker backgrounds.
- Residential Requirement: Applications are based on the student’s permanent place of residence. Eligible locations are Kerala, Bengaluru, Hyderabad, Mumbai, Delhi, Chennai, and Kolkata. The institution’s location does not determine eligibility.
Financial Assistance Details
The scholarship amounts vary based on the chosen professional course. All funds are disbursed over the four-year study period, providing sustained support.
| Program | Total Scholarship Amount (Over 4 Years) | Number of Recipients per Stream per City |
|---|---|---|
| MBBS | Rs 2.4 lakh | 10 |
| BTech | Rs 1.2 lakh | 10 |
| BSc Nursing | Rs 1.2 lakh | 10 |
This distribution model ensures 30 students from each of the seven cities receive support across the specified disciplines.
Application Process
Prospective candidates must complete their application online. The application portal is accessible atmgmscholarship.muthootgroup.com. Students must submit all required documents digitally before the closing date. The absolute final date for application submission is November 30, 2025 . Late applications will not be considered.
Program History and Impact
The Muthoot M George Higher Education Scholarship program has a track record of supporting education. This 2025 edition marks its ninth year. Since its inception, the scholarship has aided 394 students. The total financial outlay for these previous scholarships reached Rs 3.94 crore. This consistent investment underscores Muthoot Finance’s commitment to educational advancement.