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IIT Bombay Scholarships 2024 - Details, Eligibility, Amount

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Updated on - Feb 11, 2024 12:25 PM IST

DBT-TWAS ( Foreign National ) Fellowship

Rs. 16,000/- p.m. ,Plus Contingency amount Rs. 50,000/-p.a. Plus HRA Rs. 4,800 pm Plus Med. Allow. Rs. 600 pm.

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Crompton Greaves Fellowship

Rs. 24,000/- p.m. , Contingency grant Rs. 25,000/- per annum. For undergoing Ph.D. programme in Electrical Engg., Mechanical Engg,, Metallurgical Engg. & Materials Sc. and Industrial Design Centre (Fellowship amount likely to be revised)

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SJM School of Management Endowment Scholarship

Rs. 18,000/- p.m. for the first two year with the provision of enhancement to Rs. 22,000/- p.m. based on the assesment of the recommandation of the RPC. The increase in Endowment Fellowship is effective from July 2010.
The Scholarships will be awarded on the academic performance which will be determined on the basis of CPI/Progress Seminar performance. The Scholarships are renewable every year. Sponsored candidate will not be eligible for scholarship. Payable for period of 4 years or until the submission of synopsis & thesis which ever is earlier.

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IITB Monash Scholarship

Ist 2 Yr. Rs. 31,000 p.m. next 3 Yr. Rs. 35,000 p.m.

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AREVA Ph.D. Fellowship

Fellowship amount Rs. 32.000/- p.m. Plus 25,000/- Contingency per year.

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EATON Technologies Pvt. Ltd.

Rs. 30.000/- p.m. for first two years, next two years Rs. 35,000/- p.m. Plus Rs. 1,50000/- for attanding one national/international conference
period for a maximum of four years.

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Forbes Marshall

Rs. 20,000/- p.m.Plus Reimbursement of Tuition Fees paid by students every semester. Plus Contingencies of Rs. 15,000/- during the course towards TA/DA, Report preparation etc.
Tution Fee 5,000/- per semester

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Dr. Gargi Vishnoi Memorial Scholarship

Rs. 2,000/- p.m. addition to TA

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DAE (DGFS) (BRNS) (Board of Research in Neuclear Sciences)

Rs. 20,000/- p.m. ,Plus Reimbursement of Tuition Fees paid by students every semester.Plus Education Material Allowance of Rs. 5000/-(one time payment during entire programme). Plus Contingency expenditure of Rs. 25,000/- to each student.

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AERB (Atomic Energy Regulatory Board)

Rs. 20,000/- p.m. ,Plus reimbursement of total fees paid by the students at the time of admission (one time payment) ,Plus reimbursement of tuition fee every semester ,Plus Book allowance Rs. 5000/- once during the course

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MERC (Maharashtra Electricity Regulatory Commission)

Rs. 8,000/- p.m. ,Plus Tuition fees Rs, 5,000/- per semester ,Plus TA/DA, Report preparation , Contingency during the Course Rs.15,000/- Plus 15% of total for Consumbles, miscellaneous and Contingency Plus DDF.

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MPCB (Maharashtra Pollution Control Board)

Rs. 8,000/- p.m.

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Merit- cum- Means Scholarship

Merit-cum-Means scholarship is awarded @Rs.1000/ per month with benefit of free tuition fee per semester to a maximum of 25% of sanctioned Intake of undergraduate students. For Dual degree, it is available only upto the 4th year. For these scholarships, academic merit as well as means will be taken into account to determine eligibility. 

Merit Criterion : For new entrants [B.Tech, dual degree (B.Tech + M.Tech)] their JEE AIR & for B.Des their UCEED Rank will be the criterion. In case of students joining the 2 year M.Sc. programme, their performance in the admission test and interview will be considered for determining merit. In subsequent years, the corresponding criterion will be their academic performance during the preceding academic year. 

Means Criterion : The parental income is the basis for the `means' criterion of the scholarship. At present students whose parents annual gross income from all sources does not exceed Rs.4,50,000/ , are eligible to apply for Merit-cum-Means Scholarship. When a student applies for the scholarship for the first time, copy of Income Certificate issued by the Revenue Officer not below the rank of Tehsildar or the Income Tax Return (ITR) has to be submitted by the parent or guardian for the preceding year of application for the scholarship. No fresh Income proof will be required for renewal of the scholarship in the subsequent years, till the completion of the programme to which the student is admitted. The scholarship will be renewed on a yearly basis provided the student fulfills all the terms and conditions for renewal of the scholarship. 

A student whose parental income falls below the prescribed limit at any point during the course of his programme (due to reasons such as retirement of the parent/guardian or due to any unforeseen circumstances) is eligible to be considered for an award of Merit-cum-Means scholarship from the month in which such situation arises. In this case also a fresh Income Proof supported by acceptable documentary evidence needs to be submitted.

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Facilities of free messing

All SC/ST students are exempted from the payment of tuition fees. The facilities of free messing (only basic menu) and a pocket allowance of Rs.250/-p.m. will be granted to eligible SC/ST students. Such students are also eligible for exemption from the payment of hostel room rent, subject to the following conditions.

  1. The parental income is the basis for the means criterion of the scholarship. At present students whose parents annual gross income from all sources does not exceed Rs.4,50,000/-, are eligible to apply for the above facilities.
  2. The student who avails such facilities cannot accept any other scholarship from Govt., Semi-Govt. or private sources.
  3. These facilities are available for upto a year more than the prescribed duration of the programme.
  4. Students who are not registered for any course during vacation will be paid only the pocket allowance for that period.
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M.Sc- Ph.D. (Dual Degree)

First 04 Semester: Rs. 6,000/- p.m.
5th to 8th Semester: Rs. 25,000/- p.m.
9th to 14th Semester: Rs. 28,000/- p.m.

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National Scholarships (All States)

The National Scholarships are awarded to the students from the respective states. The applications are forwarded through IIT. This scholarships are awarded/renewed every year for which students have to submit their progress report at the beginning of academic year.

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National Talent Search Scholarship (NTS)

Those who are awarded the NTS scholarship during their 10 + 2 are continued during the undergraduate and postgraduate level. For renewal of the same, students may kindly submit the forms issued by the NCERT to the Academic Section at the beginning of each academic year.

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NBHM (National Board of Higher Mathematics)

Rs. 25,000/- p.m. after 2 years, Rs. 28,000 ,Contingency grant Rs. 20,000/- p.a.

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DBT-JRF DBT-SRF (Department of Biotechnology Jr. research Fellowship)

Rs. 25,000/- p.m. First 2 Yrs.
Rs. 28,000/- p.m. next 3 Yrs.
Plus Contigency Allowance Rs. 30,000/- p.a.,
He will be entitled to HRA.

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ICPR (Indian Council of Philosophical Research)

Rs. 5000/- p.m. For non-NET Rs. 6,000/- ,for NET Plus Contingency grant Rs. 12000/-

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DST-INSPIRE

Rs. 25,000/-p.m , for M.Sc./BE./B.Tech./ME./M.Tech. students for 2 years (JRF), next 3 years Rs. 28,000/-p.m. Plus Contingency Rs. 20,000/per year.

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ICMR (Indian Council of Medical Research)

Rs. 25,000/- p.m. for first two years.
Rs. 28,000/- p.m. next three years
Plus Contingency ,Rs. 20,000/-p.year.

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DBT- Binc

Rs. 16,000/- p.m Plus Contingency Rs. 30,000/-p.a.

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MPCB (Maharashtra Pollution Control Board):

Rs. 18,000/- p.m. for first two years. Rs. 20,000/ p.m. for next three years

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DAE (DGFS) (BRNS) (Board of Research in Neuclear Sciences)

Rs. 20,000/- p.m. ,Plus Reimbursement of Tuition Fees paid by students every semester.Plus Education Material Allowance of Rs. 5000/-(one time payment during entire programme). Plus Contingency expenditure of Rs. 25,000/- to each student. Selection through DAE consent in BARC beginning of 1st Semester

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AERB (Atomic Energy Regulatory Board)

Degree: M-Tech

Rs. 20,000/- p.m. ,Plus reimbursement of total fees paid by the students at the time of admission (one time payment) ,Plus reimbursement of tuition fee every semester ,Plus Book allowance Rs. 5000/- once during the course

Selection through Energy & AERB Consent based on interview of the students at the beginning of 1st Semester

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MERC (Maharashtra Electricity Regulatory Commission)

Rs. 8,000/- p.m. ,Plus Tuition fees Rs, 5,000/- per semester ,Plus TA/DA, Report preparation , Contingency during the Course Rs.15,000/- Plus 15% of total for Consumbles, miscellaneous and Contingency Plus DDF.Selected through the Normal selection and Admission Procedure of IITB.

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MPCB (Maharashtra Pollution Control Board)

Rs. 8,000/- p.m. Selected through the Department.

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M.Sc- Ph.D. (Dual Degree)

First 04 Semester: Rs. 6,000/- p.m. 5th to 8th Semester: Rs. 25,000/- p.m. 9th to 14th Semester: Rs. 28,000/- p.m.

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Named Scholarships

The Dean Alumni & Corporate Relations Office manages the named scholarship endowed by the alumni of the Institute and other wellwishers. These Scholarships are awarded based on the following eligibility criteria :-

  •  Merit Criterion : For new entrants {B.Tech / Dual Degree (B.Tech+M.Tech) / } 4 yr. B.S their JEE(Advanced) AIR or the 1st Semester Performance Index (SPI) will be the criterion for merit based Named Scholarship. In subsequent years, their academic performance, i.e., Cumulative Performance Index (CPI) during the preceding academic year will be the corresponding criterion.
  • Means Criterion : The parental (Both Parents) income is the basis for 'means' criterion of the scholarship. At present students whose parent's annual gross income from all sources does not exceed Rs.4,50,000/ , are eligible to apply for means based Named Scholarships.
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Merit-cum-means Scholarship

Merit-cum-Means scholarship is awarded @Rs.1000/ per month with benefit of free tuition fee per semester to a maximum of 25% of sanctioned Intake of undergraduate students. For Dual degree, it is available only upto the 4th year. For these scholarships, academic merit as well as means will be taken into account to determine eligibility. 

Merit Criterion : For new entrants [B.Tech, dual degree (B.Tech + M.Tech)] their JEE AIR & for B.Des their UCEED Rank will be the criterion. In case of students joining the 2 year M.Sc. programme, their performance in the admission test and interview will be considered for determining merit. In subsequent years, the corresponding criterion will be their academic performance during the preceding academic year. 

Means Criterion : The parental income is the basis for the `means' criterion of the scholarship. At present students whose parents annual gross income from all sources does not exceed Rs.4,50,000/ , are eligible to apply for Merit-cum-Means Scholarship. When a student applies for the scholarship for the first time, copy of Income Certificate issued by the Revenue Officer not below the rank of Tehsildar or the Income Tax Return (ITR) has to be submitted by the parent or guardian for the preceding year of application for the scholarship. No fresh Income proof will be required for renewal of the scholarship in the subsequent years, till the completion of the programme to which the student is admitted. The scholarship will be renewed on a yearly basis provided the student fulfills all the terms and conditions for renewal of the scholarship. 

A student whose parental income falls below the prescribed limit at any point during the course of his programme (due to reasons such as retirement of the parent/guardian or due to any unforeseen circumstances) is eligible to be considered for an award of Merit-cum-Means scholarship from the month in which such situation arises. In this case also a fresh Income Proof supported by acceptable documentary evidence needs to be submitted.

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Scholarships

IIT Bombay offers scholarships to UG, PG and Ph.D students. The scholarships offered by IIT Bombay help students to cover expenses incurred for academic fees, hostel fees, mess fees etc. IIT Bombay students are eligible for government and private scholarship schemes. The selection of students for the scholarship scheme of IIT Bombay depends on candidate’s financial background, parent’s annual income, the performance of candidates in academics etc. The following are some of the scholarships offered by IIT Bombay –

Scholarships for PG & Ph.D. Students

Government Scholarships

Scholarship Benefits

(Different Schemes)

Private Scholarships

Scholarship Benefits (Different Schemes)

Scholarships for Ph.D. Students

  • Rs. 25,000/- p.m. after 2 years, Rs. 28,000, Contingency grant Rs. 20,000/- p.a.

  • Rs. 5000/- p.m. For non-NET Rs. 6,000/- ,for NET Plus Contingency grant Rs. 12000/-

Scholarships for Ph.D. Students

  • Rs. 16,000/- Per Month + Contingency amount Rs. 50,000/-p.a. Plus HRA Rs. 4,800 pm Plus Med. Allow. Rs. 600 per month.

  • Rs. 24,000/- p.m., Contingency grant Rs. 25,000/- per annum. For undergoing Ph.D. programme in Electrical Engineering, Mechanical Engineering,, Metallurgical Engineering. & Materials Sc. and Industrial Design Centre (Fellowship amount likely to be revised)

  • Fellowship amount Rs. 32.000/- p.m. Plus 25,000/- Contingency per  year

Scholarships for M.Tech Students

Financial assistance from various sources are offered to students

Scholarships for M.Tech Students

Financial assistance is offered through government scholarship schemes.

Scholarships for UG Students

IIT Bombay offers the following scholarships to UG students –

  • Institute Merit-cum-Means Scholarship

  • Free Messing Facilities for SC and ST

  • National Talent Scholarships

  • Government Scholarships

  • Endowment or Named Scholarships

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Related Questions

D

Dewesh Nandan Prasad, Content Team

-Answered on Dec-17-2024

Dear Student, 

We think that you have mistaken Mohammed Sahil Akhtar for Shoaib Akhtar, as per the records of the JEE Advanced exams; Md. Sahil Akhtar took JEE Advanced 2023 and secured a 99th rank. However, Akhtar dropped the vision of getting into IIT during counselling to pursue a double major in computer science and physics at MIT (Massachusetts Institute of Technology). He realised the opportunity to get into IT for research after taking the IOAA Olympiad in Georgia. Sahil is from Kolkata and completed his intermediate from Delhi Public School (DPS), Ruby Park, and he appeared for the JEE main 2023 for the April session. We hope that we have answered your query successfully. Stay tuned to CollegeDekho for the latest updates related to JEE Main 2025 and JEE Advanced 2025. We wish you success in your future!

,

-Answered on July-18-2024
yes
-Admin -Updated on July-18-20240 Answers

,

-Answered on July-18-2024
r

riya, Student / Alumni

-Answered on Sept-23-2023
Let me tell this thing that if you want to take admission in MBA than the eligibility for that is the applicant need to pass with 55% aggregate marks in bachelore's in any discipline or equivalent, the applicant need to qualify the LPUNEST or CAT or MAT or XAT or NMAT or CMAT and interview.
P

Priya Haldar, Content Team

-Answered on Sept-22-2023

Dear Sohail Imtiyaj Khan,

Unfortunately, IIT Bombay does not offer any lateral entry programme for B.Tech. IIT Bombay admissions to the B.Tech programme are made through the Joint Entrance Examination Advanced (JEE Advanced) exam. However, IIT Bombay does offer a dual degree (B.Tech + M.Tech) programme in some departments, and students who have completed a diploma in engineering from a recognised institute are eligible to apply for admission to the second year of the dual degree program through the GATE (Graduate Aptitude Test in Engineering) exam.

Admission Updates for 2025