IIT Indore offers a variety of scholarships and financial assistance for its students pursuing various UG and PG courses in the full-time mode. However, the student needs to satisfy the minimum eligibility and merit requirements to avail of the facilities of scholarships at IIT Indore. Some of the popular scholarship schemes of IIT Indore are mentioned below along with their details.
Apart from the scholarships offered by the institute, students of IIT Indore can also opt for several other scholarships offered by the Government of India or private sources. The main motive of the scholarships offered by Ministries of Government of India to uplift the socially backward students. The other scholarships include the following:
Ques. What is MCM Scholarship in IIT Indore?
Ans. The Merit Cum Means Scholarship is the most popular Scholarship among the students of IIT Indore and is offered on the basis of merits and annual family income of the candidates.
Ques. How can I apply for the scholarships at IIT Indore?
Ans. To avail the facilities of scholarships offered by IIT Indore, a student should visit the official website of the institute and apply for the scholarships offered by the institute.
Ques. What is the eligibility criteria for the MCM at IIT Indore?
Ans. A student is required to have scored a minimum of 60% marks in their 12th standard and JEE score. Also, the annual parental income of INR 5 lakhs and past academic records are considered during the selection process for scholarships at IIT Indore.
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The tution fee are decided by education ministry so hikes are very rare.The overall charge per year is about 272000 which includes 200000 of tution fees and 68000 of mess and accommodation charges .The students belonging to sc/st and economically weak student get full tution fee waiver.
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The tution fees for every student is 100000/- for every semester and apart from tution fees hostel and mess fees also should be paid(60000/-). There is a remission of tution fees for students of specific casts. So the should should upload caste and income certificates to avail remission of tution fees.
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For B.Tech students there is a internship program in the campus itself during summertime and they pay the students for this. And for SC/ST the tuition fees are reimbursed. And for EWS there is fees according to their family salary. And total fees for 4 years is 12,00,000 in total.
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Being an IIT the tution fees is fixed to 1lac per semester and not change over a long span of time. The sc/st student gets the tution fee waiver they have to only submit the mess and accomodation charges which is about 30000.The complete semester fees structure is as follows: 1.Tution fees : 1lac 2.Hostel : 16000 3.Mess : 14000(adjustable ) 4.Other charges : 6000 Note: All the charge is for the semester which is about 5 months so the annual fees is almost double of that.
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So Fee structure for per semester here for B.Tech student is around 1,28,000 in which around 1lakh is the tuition fee for general category student. There is a great financial assistance for the student in IIT Indore like if you are from sc and st category then you get 100% tuition fee waiver in all IIT and if a student with a family income of less than 1lakh rupees per annum also get 100% tuition fee reimbursement. There are many scholarship which depends on different eligibility criteria like if you belong to sc/st category then I think there is a scholarship NSP from central government and also so many private NGOs provide scholarship to needy and meritorious students like FFE and many more. So there is no need to worry about the expense you have all the opportunities to study here.
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For the BTech course, the average fee including hostel and mess is around 13-14 lakhs. But students can get a tution fee remission of 2 lakh per year based on their family income. Also there is a bank on the campus that provides loan at really low interest rates.
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Tuition fee for Btech is 1 lakh per semester. Full remission of fees for General and OBC students whose family income is less then 1lakh per annum. Remission of 2/3 of the tuition fees for General and OBC students whose family income is in between Rs.1 lakh to 5lakh per annum. Full remission of tuition fess for SC/ST students. The complete cost of pursuing B.tech is around 12 lakh. There are state scholership like Mukyamantri Medhavi Vidhyarti Yojna, also there are Central scholership. Campus employment is good.
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1) Here price is decided by the government as IITs come under central government so all hikes etc are totally dependent on them but it usually happens in 3-5 years. 2) Total cost for completing my BTech degree is around 10-12 lakhs which very less as compared to other private college and is good as per return of investment. 3)We have loan facilities from banks and merit based scholarships. 4)Here we can be Teaching assistant for courses we have completed and for that we have to complete our training.
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The total fee structure for a semester would be ?135000 per student that means an ?370000 per year which gives nearly 12 lakhs for the whole 4 years course. This is the complete cost for food, hostel, tuition fee. This fee would be reduced by your own category and income for your family. Stipends of good amount would be awarded to the students pursuing it.
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Education cost is upto 10 to 12 lakhs for 4 years. Tuition fee is 1 lakh per semester and there are 8 semesters. There are many scholarships for reserved, women, research students and many more. Mess charge and hostel charges are also there.
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Students who want to apply for BTech and MSc program for Merit-cum-Means Scholarship at IIT Indore need to fulfil some basic eligibility criteria given below.
Students from SC, ST and PwD category whose parental income is between 1,00,000 and 5,00,000 per annum and candidates from General category, EWS, OBC-NC whose parental income is less than 1,00,000 can apply for MCM scholarship.
Students from BTech background need to secure a minimum CPI of 7.5 whereas MSc students need to secure CPI of 8.0 for every semester.
For details, visit IIT Indore Eligibility