The scholarship and financial aid landscape at Kasturba Medical College is varied, primarily focusing on merit-based scholarships and financial support for economically challenged students. Key highlights include scholarships for students who secure top ranks in the NEET exam, with the top 1000 rank holders receiving significant benefits, such as 100% fee waivers for those under 1000 rank. There are also scholarships for Konkani-speaking students, SC/ST students, and economically strained students.
Full tuition fee and hostel expenses can be covered through loans provided by major banks like SBI, which has a collaboration with Manipal University. For state quota students, the fees are substantially lower compared to general category students, with specific quotas for Karnataka students. The annual tuition fee for the MBBS course is approximately 17.8 lakhs, accumulating to around 70 lakhs for the entire course. Fees vary for NRI and KEA categories, with NRI fees reaching up to 40 lakhs per annum.
Despite the high cost, the college provides a structured and transparent fee payment system with EMI options and scholarships from external foundations like the Reliance Foundation. Overall, the college offers a supportive environment with opportunities for financial assistance.
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