Scholarships Offered by Top IITs: Check College Wise Financial Assistance Here

Updated On: December 15, 2023 06:16 PM

Candidates can check the scholarships offered by the top IITs along with the eligibility criteria in this post.

Table of Contents

Scholarships offered by Top IITs in India
IIT Madras Scholarships
IIT Delhi Scholarships
IIT Kanpur Scholarships
IIT Bombay Scholarships
IIT Kharagpur Scholarships
IIT Guwahati Scholarships
Scholarship in IIT Roorke
IIT Hyderabad Scholarship
IIT Varanasi Scholarship
Indian Institute of Science, Bengalore Scholarship

Scholarships Offered by Top IITs - The Indian Institute of Technology (IITs) are regarded as the most prestigious and top-tier engineering colleges in India. The reason IIT is a top-tier college is due to its course structure which includes class lessons, workshops, field trips, and practical projects, and its great infrastructure quality and facilities provided like computer labs, science labs, and a library filled with all kinds of literature, etc. As IITs is the top engineering college in India , its fee structure is quite high and sometimes non-affordable for some students. Therefore, the IITs provide various scholarships to provide a fair opportunity for each student to make a lucrative career. Students can avail of these bursaries, financial aid, and scholarships offered by top IITs and pursue engineering in their dream IIT.

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Besides the IITs scholarships, various government scholarships are also available that students can avail of. To help you get an idea about Scholarships Offered by Top IITs and other financial schemes we have provided detailed information in this article.

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Scholarships offered by Top IITs in India

There are various kinds of scholarships offered by IITs in India for meritorious and needy students who can't afford the high-end IIT fees. We have provided the scholarships of top 10 IITs as per the NIRF rankings 2022 . Go through the scholarships for IIT students given below.

S.No	IIT Name
1	IIT Madras
2	IIT Delhi
3	IIT Roorke
4	IIT Kanpur
5	IIT Kharagpur
6	IIT Guwahati
7	IIT Bombay
8	IIT Hyderabad
9	IIT Varanasi
10	Indian Institute of Science, Bengalore

IIT Madras Scholarships

The following are the IIT Madras scholarships that candidates can avail as per their eligibility.

Scholarship	Details
Institute Merit-cum-Means Scholarship	Students whose parents' yearly income does not exceed Rs.4,50,000/- are eligible to apply. It is provided to 25% of enrolled students with a payment exemption of Rs 25,000 every semester. IIT Madras Scholarship renewal is also available every semester, subject to a minimum GPA of 5.0 in the preceding semester.
Dr K Vasanth Rau Scholarship	Candidates who have scored a JEE rank and have parental income up to Rs. 5.50 lakhs are considered. Renewable with a GPA of 6.5 or above. In this IIT Madras scholarship students will get Rs 25,000/- per year, for the course of the programme, there will be just one student.
TODAI Fellowship	It is available to two outstanding B.Tech. students from the Aerospace Engineering, Electrical Engineering, and Mechanical Engineering streams. The scholarship is worth 2 million Japanese yen each year.
M Sankaraiah and M Saradha (Mithigiri) Scholarhsip	Students who are studying in B.Tech / Dual Degree Electrical Engineering students with the best CGPA at the end of the fourth semester will get Rs 20,000/- (one time).
Institute Free Studentship	This IIT Madras scholarship is identical to MCM except that it is only available to 10% of students who do not qualify for the MCM scholarship
Shipping Corporation of India Scholarship	It is accessible to all SC/ST/BPL students enrolled in the B.Tech. in Naval Architecture programme, with an annual grant of Rs.48,000/- or a full tuition fee/hostel expenses.
Institute National Prize	It is provided for 7% of students enrolled based on their JEE scores and parents' yearly income not exceeding Rs.4,50,000/-. It includes a national reward of Rs. 1000/- (one time award) and a certificate of excellence.
Govt. of Andhra Pradesh Pratibha Scholarship	This IIT Madras Scholarship is eligible to B.Tech students who are Andhra Pradesh natives who have obtained a minimum of first class with 60% marks in Intermediate/XII class or its equivalent, as well as their yearly parental income not exceeding Rs. 1 lakh. A yearly payout of Rs.20,000/- is granted, which is renewed each year. Students who are interested should apply directly to the A.P. Government.
Institute SC/ST Scholarship	It is open to students whose parents' yearly income does not exceed Rs.4,50,000/-. Students are provided with free messes (basic menu only), a pocket money of Rs.250/- per month, and an exemption from hostel seat fee. All SC/ST students are also free from paying tuition.
Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award	It is granted on the basis of Merit plus Means, subject to the parents' yearly income being up to Rs. 5.5 lakhs. It provides a one-time award of Rs.2,500/- to a first-year B.Tech student.
OPJEMS	The top 20 students are chosen based on their individual JEE scores. For B.Tech students, an annual stipend of Rs.65,000/- is provided.
Girish Ready Scholarship	Two scholarships are awarded based on the highest JEE rank, with the condition that the parents' annual income does not exceed Rs.5,00,000/-, and one scholarship is awarded based on overall performance in previous school years, with the condition that the parents' annual income does not exceed Rs.5,00,000/-.

IIT Delhi Scholarships

The following are the scholarships offered by the IIT Delhi .

Institute Merit-cum-Means (MCM) Scholarships

Merit-cum-means scholarships are available to BTech and MSc students with a CGPA of 6 and a household income of no more than Rs 450,000 per year. These scholarships are available to no more than 25% of students and include a tuition remission and Rs 1000 each month. An extra 10% of students who fulfil the income requirement receive a tuition waiver. Tuition is waived for all students in the SC/ST/PWD categories.

MDes, MTech, and MS(R) students receive Rs 12,400 per month in teaching and research assistantships. These assistantships are also open to dual degree students in their fifth year with a CGPA of 8 or above.

Teaching/Research Assistantship

PhD candidates are given a Teaching/Research Assistantship that pays Rs 31,000 per month for the first two years of the programme and Rs 35,000 per month for the remaining two years.

All PhD students are eligible for a Rs 150,000 travel stipend to attend a conference once throughout their programme. Students who demonstrate excellence in research are eligible for a second such award.

Rupa Moudgil Scholarship

It is one merit-based grant given to a first-year undergraduate student each semester. The scholarship is worth Rs.1,000/- each month for ten months.

Singhal Scholarship

It is given to first-year female students of Electrical Engineering or Mechanical Engineering who have a parental income of up to Rs. 5.0 lacs per year. The scholarship amount is Rs. 6,500/-.

Daulat Ram Mendiratta Scholarship

This is given to a first-year civil engineering undergraduate student based on his or her JEE Merit. The scholarship is worth Rs. 1,000/- each month for ten months.

IIT Kanpur Scholarships

There are several scholarships offered by top IITs of India. For the IIT Kanpur scholarship candidates can refer to the details given below.

Scholarship Name	Details
INSPIRE Scholarship	Students are awarded an annual scholarship of Rs.30,000 each semester (Rs.60,000 per year) as well as a research grant of Rs.20,000. Students in the Chemistry, Physics, and Mathematics departments who have an ALL INDIA RANK (AIR) of 10,000 or above on the Common Merit LIST (CML) are eligible for this prize. To apply for this award, students must submit an agreement to the SSPC that they will not receive any other scholarship during the semester. Because this is a merit-based award, beneficiaries must maintain a minimum CPI of 6.0.
Merit-cum-Means Scholarships	For the duration of the programme, students get a full tuition waiver and a pocket money of Rs. 1000 each month. As this is a merit plus means award, beneficiaries must maintain a minimum CPI of 6.5. If the CPI goes below 6.5 (but continues above 6.0), the pocket allowance is reduced. To apply for this grant, a student only merely present their parental income certificate. Other than category (SC/ST) students having yearly family income less than 4.5 lakhs can apply for this award.
Donor Scholarships	The Institute awards Donor Scholarships to deserving and deserving students. 115 scholarships have been awarded.
Merit-cum-Means Scholarships given by the Alumni of IIT Kanpur	There are now roughly 50 scholarships available via it. Some of the scholarships listed below may be for students in a certain department. Most scholarships are Rs 2000/- per month for a period of ten months and require that the parents' yearly income be within specific limitations (currently Rs 4.50 Lakhs for most scholarships; however, the amount may vary from scholarship to scholarship)
SPORTS Scholarships	A maximum of 20 scholarships of Rs. 1,000/- per month for 9 months will be awarded to IIT Kanpur students who demonstrate: Leadership in campus sports-related activities leads to development, growth, and increasing engagement in a variety of athletic activities. Sports excellence, as evidenced by performance in Inter-IIT and other external sports meetings.
Free Basic Mess Scholarship	This scholarship is available to students from the SC/ST categories who have an annual family income of less than 4.5 lakhs. This scholarship provides students with a free basic meal plan as well as a pocket allowance.
Free Basic Mess and Pocket Allowance	This is given to SC/ST students enrolled in undergraduate programmes.

IIT Bombay Scholarships

The following are the scholarships offered by top IITs of India like IIT Bombay , that students can avail off if they are eligible.

Scholarship	Details
Merit- cum- Means Scholarship (MCM)	It is provided at Rs.1000/month with the advantage of free tuition cost every semester to a maximum of 25% of the sanctioned undergraduate student intake. The following individuals are eligible: a) The Merit Criteria: For freshers, the JEE Advanced AIR shall be the criteria. The relevant criterion in following years will be their academic performance during the prior academic year. b) Means Criteria: At the moment, students whose parents' total yearly gross income does not exceed Rs.4,50,000/- are eligible to apply. When applying for it, the parent or guardian must present a copy of the Income Certificate issued by a Revenue Officer not lower than the rank of Tehsildar or the Income Tax Return (ITR).
Named Scholarships	The named scholarships are likewise given out according on the same qualifying requirements as MCM, but with a far smaller number of recipients.
Facilities of Free Messing	All SC/ST students are exempt from paying tuition fees under it. Free messes (only minimal menu) and a pocket money of Rs.250/-p.m. are also provided to qualifying SC/ST students. Such students are also entitled for relief from paying the hostel room rent, according to the MCM's requirements.

Scholarship

Details

Merit- cum- Means Scholarship (MCM)

It is provided at Rs.1000/month with the advantage of free tuition cost every semester to a maximum of 25% of the sanctioned undergraduate student intake. The following individuals are eligible:

a) The Merit Criteria: For freshers, the JEE Advanced AIR shall be the criteria. The relevant criterion in following years will be their academic performance during the prior academic year.

b) Means Criteria: At the moment, students whose parents' total yearly gross income does not exceed Rs.4,50,000/- are eligible to apply. When applying for it, the parent or guardian must present a copy of the Income Certificate issued by a Revenue Officer not lower than the rank of Tehsildar or the Income Tax Return (ITR).

Named Scholarships

The named scholarships are likewise given out according on the same qualifying requirements as MCM, but with a far smaller number of recipients.

Facilities of Free Messing

All SC/ST students are exempt from paying tuition fees under it. Free messes (only minimal menu) and a pocket money of Rs.250/-p.m. are also provided to qualifying SC/ST students. Such students are also entitled for relief from paying the hostel room rent, according to the MCM's requirements.

IIT Kharagpur Scholarships

Some of the scholarships offered by top IITs like IIT Kharagpur are:

Several businesses, organisations, and external agencies provide financial help to almost 1000 students at IIT-KGP
More than 1000 students get merit-based scholarships
Hundreds of endowment prizes and free tuition are awarded through the Institute Alumni Funded Scholarships

Besides these other financial assistance offered by IIT Kharagpur are:

Free Mess and Pocket Allowance
My Imprint Special Assistance
Merit cum Means Scholarship
Inspire Scholarship
Organizational Scholarships & Fellowships
Incubation Support for Student Enterprises
Alumni Scholarships & Awards
SGR International Travel Grant

IIT Guwahati Scholarships

The following are the scholarship offered by top IITs of India like for IIT Guwahati students.

Scholarship Name	Details
Institute Merit Scholarship (IMS)	The Institute Merit Scholarship (IMS) is accessible to B.Tech./B.Des./M.Sc./M.A. students. The scholarship is intended for the year-by-year class toppers in all courses and is granted beginning in the second year. It offers a tuition price remission and an eight-month fixed monthly income.
Institute Merit-cum-Means Scholarships (McM)	Institute merit-cum-means scholarships are provided to B.Tech./B.Des/M.Sc/MA students purely on merit-cum-means basis to up to 25% of non-SC/ST students. It offers a tuition price remission and an eight-month fixed monthly income.
SC-ST Scholarships	Scholarships are granted to all SC/ST B.Tech/B.Des/M.Sc/MA students. It comprises an eight-month fixed monthly stipend, free messing (only for the basic menu), and a remission of hostel seat rent. The statutes exclude all SC/ST students from paying tuition.

Scholarship in IIT Roorke

Following are the scholarships offered by the IIT Roorke.

The Merit-cum-Means Scholarship is given to 25% of undergraduate students in IIT Roorke . Several more scholarships in IIT Roorke are announced on a regular basis. Bank loans are also easily accessible when needed. Furthermore, financial assistance is offered in the form of Institute Free Studentships and Scholarships for undergraduate students from scheduled castes and tribes.

Merit-cum Means Scholarship

It is given to students who are currently enrolled in an undergraduate programme admitted through JEE based on AIR rank and whose parents' yearly income falls under the specified restrictions (currently fixed at Rs. 6.0 Lakhs per annum). It is given to 25% of all accepted students. Students in the General and OBC categories receive a full tuition fee waiver as well as a pocket allowance of Rs. 1,000/- a month for a period of ten months. SC/ST students receive a monthly pocket allowance of Rs. 250 and monthly mess charges of Rs. 1500 for a period of ten months.

IIT Hyderabad Scholarship

Candidates can check the IIT Hyderabad scholarships given below.

Merit- cum- Means (MCM)

Students from the GEN, GEN-EWS, and OBC categories are eligible to apply. For any category, parental income cannot exceed Rs. 4.5 lakhs. Income Tax Return with IT Department Acknowledgement must be supplied as proof of parental income (Father and Mother or Guardian if any) The number of MCM scholarship recipients will be limited to 25% of the class size. The student must have an SGPA / CGPA of 7.0 or above and no active backlogs (Fail Grade) in any type of course (Including Additional courses). Shortlisted students are entitled for Rs.1,000 in pocket money every month.

SC/ ST Scholarship

Students from the SC/ST categories are eligible to apply. For any category, parental income cannot exceed Rs. 4.5 lakhs. Income Tax Return with IT Department Acknowledgement must be supplied as proof of parental income (Father and Mother or Guardian if any) There is no cap on the number of SC/ST scholarships that can be awarded if the relevant conditions are met. The student must have an SGPA / CGPA of 7.0 or above and no active backlogs (Fail Grade) in any type of course (Including Additional courses). Shortlisted students are entitled for Rs.250 per month in pocket money as well as a refund of the License Fee and Dining Charges based on actuals and eligibility.

IIT Varanasi Scholarship

The Institute provides merit-based scholarships to 25% of undergraduate students. In addition, the IIT Varanasi also offers various endowment scholarships. Other benefits for undergraduate students include Institute free studentship, scholarship, reimbursement of mess prices, and pocket allowances for students from Scheduled Castes and Scheduled Tribes. All non-sponsored students enrolled in M.Tech./M.Pharm. programmes get financial assistance comparable to Junior Research Fellowships.

The IIT Varanasi provides a considerable number of Junior/Senior Research Fellowships to Ph.D. students. Scholarships are being offered to all qualifying students admitted to Ph.D. programmes.

Indian Institute of Science, Bengalore Scholarship

The IIS Bangalore offers various scholarships to the students that can be checked below.

Scholarships/fellowships are offered to students beginning with their first day at the Institute. The scholarship/fellowship value per month for students enrolled in various Institute programmes is as follows.

Programmes	Scholarship/Fellowship
Bachelor of Science (Research)	Rs. 5000
M.Tech. (Research)	Rs. 12400
M.Tech./M.Des.	Rs. 12400
Integrated Ph.D.	Rs. 16000/JRF – Rs. 31000/SRF – Rs. 35000
Ph.D.	JRF – Rs. 31000/ SRF – Rs. 35000

All students who enrol in the Institute ( for M Sc and M.Mgt programmes) are eligible for scholarships/fellowships from CSIR/UGC/DBT/ICMR/MHRD/AICTE/DAE (NBHM)/ DST, depending on their method of entrance. Students must transmit the joining report to the proper authorities/agencies as soon as they join the Institute in order for their scholarship/fellowship to be activated
Scholarships are also available from GE/ INFOSYS/ IBM/ HP/ TATA/ PHILIPS/ BELL LAB/ MICROSOFT/Department of Electronics and Information Technology (DietY) for eligible students
Scholarships are available for a maximum of two years for M Tech/M Des/M Tech (Res) students and a five-year fellowship for Ph D students
Students who enrol in M Tech/M Des programmes automatically agree to and guarantee that they will not abandon the course midway. If students are forced to quit the course midway owing to an unforeseen reason/situation, they must reimburse the whole scholarship drawn before leaving the Institute
Students who are paid by their employers/sponsors are ineligible for scholarships/fellowships
Scholarships are not available to students admitted to M Sc/ M.Mgt programmes

Besides these scholarships offered by top IITs, there are several other scholarships that these institutes may offer to you depending upon your category, income, etc. Moreover, there are several other financial assistance in housing, mess, etc that some IITs also offer that you can avail off. In addition, there is a loan facility also offered by some of the top IITs of India.

We hope that this article on scholarships offered by top IITs was helpful and informative to you. For more information stay tuned to CollegeDekho.

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