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IIT Madras Scholarship 2024
IIT Madras assist a number of scholarship programmes, including Institute Scholarships, Government Scholarships, Private Scholarships, and Fellowships for its Ph.D. students, to help students out financially. Every scholarship has specific eligibility requirements in order to be awarded. The following list includes some of the most well-known scholarship programmes provided by IIT Bombay and other Private Scholarships.
Table of Content
Institute’s Scholarship:
The table below lists a few of the well-known scholarships the institute offers along with a description of each.
| Name of the Scholarship | Eligibility Criteria | Award Scholarship |
|---|---|---|
| Institute Merit-Cum Means Scholarship | Family annual income should not exceed INR 4.5 Lakhs | 67% tuition exemption. Available for only 25% of students admitted. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester. |
| Institute Free studentship | Family annual income should not exceed INR 4.5 lakhs | 67% tuition exemption. Available for only 25% of students admitted. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester. |
| Institute National Prize | Based on JEE rank and parents' monthly income not exceeding INR 4.5 Lakhs | 7% of accepted students are eligible. One-time donation of INR 1000 |
| Institute SC/ST Scholarship | Family annual income should not exceed INR 4.5 Lakhs | Free messing and pocket allowance of INR 250 per month, over and above tuition fee exemption. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester. |
| Girish Ready Scholarship | 2 Scholarships on the basis of highest JEE rank and annual family income not exceeding INR 5 lakhs and 1 Scholarship on the basis of best all-round performance in the previous school years and annual family income not exceeding INR 5 lakhs | INR 25,000 every year. Renewal of scholarship every semester requires a minimum GPA of 8.0. in the previous semester. |
| Indian Women’s Association at Bonn Scholarship | On the basis of the highest JEE rank and annual family income not exceeding INR 5 lakhs | INR 1,250 to one B.Tech student only for 12 months. |
| Sri V Ranga Raju Memorial scholarship | On the basis of Merit cum Means and annual family income not exceeding INR 5 lakhs | INR 500 to one B.Tech student only for 4 years. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester. |
| Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award | On the basis of Merit cum Means and annual family income not exceeding INR 5.5 lakhs | One-time payment of INR 2500. |
| M Sankaraiah and M Saradha (Mithigiri) Scholarship | On the basis of highest CGPA at the end of 4th semester of students of the B.Tech / Dual Degree Electrical Engineering | One-time payment of INR 20,000 |
| Dr K Vasanth Rau Scholarship | On the basis of the highest JEE rank and annual family income not exceeding INR 5.5 lakhs. Renewal is based on a GPA of 6.5 and above | INR 25,000 per annum to one student |
Other Scholarships:
Other scholarships at IIT Madras are listed here, along with their specifics, in addition to the ones that the institution itself offers.
| Scholarship | Eligibility Criteria | Amount of Scholarship |
|---|---|---|
| Ministry of Social Justice and Empowerment, GoI. Central Sector Scholarship For SC students | Top 10 students based on JEE rank and parental income not exceeding INR 4.5 Lakhs (only students of B.Tech, MBA & Dual Degree students are eligible) | Personal PC of INR 45,000 (one time); Living Expenses INR 2,200 per month; Books and Stationery INR 3,000 per annum; Reimbursement of Fees. |
| Ministry of Tribal Affairs , GoI. - Central Sector Scholarship For ST students | Top 5 students based on JEE rank and parental income not exceeding INR 6 Lakhs (only students of B.Tech, MBA & Dual Degree students are eligible) | Personal PC Rs.45,000/- (one time); Living Expenses Rs.2,200/- per month; Books and Stationery Rs.3,000/- per annum; Reimbursement of Fees. Renewable subject to passing of the final examination of each year. |
| Ministry of Minority Affairs, GoI Meritcum-Means Scholarship | Students from minority groups like Muslims, Christians, Sikhs, Buddhists, and Parsis who have parents whose annual income does not exceed INR 2.5 Lakhs are eligible. | Maintenance Expenses @ Rs.10,000/- per annum for hostellers and for dayscholars Rs.5,000/- Reimbursement of course fee of Rs.20,000/- or the actual fees whichever is less. The scholarship amount will be sanctioned by the State Govt. 30% of the scholarship are reserved for girl students. Renewable subject to passing of the final examination of each year. |
| MHRD scholarship for single Girl child | As per GoI norms | INR 40,000/- per year |
| Pratibha Scholarship of Govt. of Andhra Pradesh | Open to B.Tech students. They should be native of the State of Andhra Pradesh and secured a minimum of first class with 60% marks in Intermediate / XII class or its equivalent with annual parental income not exceeding 1 Lakh | INR 20,000/- per annum and renewable every year. Students should apply directly to AP Govt. |
| Aditya Birla Scholarship | The selection will be made by the Aditya Birla Group among the top 20 students in JEE Rank. | INR 60,000 per annum |
| Inlakhs Scholarship | Academic performance (CGPA of 9.0 & above) at the end of 2nd semester Selection by a Committee (One scholarship) | INR 25,000/- per semester for a period of four years. |
| ST Engineering Scholarships | Offered to two BTech Students of II, III & IV Year, Amongst top 10% students of AE, CS, ME. | INR 80,000/- per annum |
| OPJEMS | Selection among top 20 based on JEE rank. Higher semesters based on CGPA among top 20. | INR 80,000 per annum |
| Shipping Corporation of India Scholarship | For all SC / ST / BPL students of BTech Naval Architecture | INR 48,000/- per annum or full tuition fee / hostel charges |
| TODAI Scholarship | Offered to two BTech Students of I, II, III & IV year amongst AE, EE, ME to excellent students. | 2 Lakhs Japanese yen per year |
| Nissan Scholarship | Offered to two B.Tech / Dual Degree | Students III & IV year INR 70,000/- per annum |
| DAE, DGFS Scholarship by DRDO | B.Tech Aerospace students Minimum CGPA of 7.0 Based on JEE Rank | INR 5,000 per month for 4 years. One time book allowance of INR 10,000/-. |
| IIT Madras 72 batch Scholarship | Trust is providing interest free Educational loan to B.Tech students. | INR 25,000/- per year |
| Inspire Scholarship (Department of Science and Technology, Government of India) | All Students admitted to Dual Degree (B.S & M.S) – for 5 years | INR 80,000/- per annum per student |
| SSAN Ananya Educational trust | Academic performance will be reviewed on periodic basis. Each beneficiary should ensure meeting basic minimum performance criteria (to be established later) to enable to continue the benefit of financial assistance of the Trust. | Interest free Educational Loans |
FAQs
Ques. Does IIT Madras offer a scholarship?
Ans. Yes, IIT Madras provides several scholarships to eligible students to support their education. Some of them include SC/ST Scholarship, Inspire Scholarship, MCM Scholarship, National Scholarship, and many more.
Ques. How can I get a scholarship at IIT Madras?
Ans. To get a scholarship at IIT Madras, you need to meet the eligibility criteria for the scholarship and follow the application process.
Ques. What are the basic requirements for the Merit Cum Means Scholarship at IIT Madras?
Ans. The Institute Merit-cum-Means Scholarship at IIT Madras is awarded to students from economically weaker sections of society who have secured good academic grades.
Ques.. Is it required to appear for the interview to get a scholarship at IIT Madras?
Ans. The requirements for obtaining a scholarship at IIT Madras may vary depending on the specific scholarship program. However, in general, it is possible that an interview may be required as part of the selection process for some scholarship programs at IIT Madras.
Ques.. Does an outside scholarship of IIT Madras require a specific academic qualification?
Ans. Yes, outside scholarships for IIT Madras may have specific academic qualifications that applicants must meet in order to be considered. The specific qualifications may vary depending on the scholarship program, so it's important to carefully review the eligibility criteria for each scholarship you are interested in.
Why To Join IIT Madras - Reviews & Rating
Most Popular Tags
Likes
- Course Curriculum was comprehensive and the professors really helped in solving the doubts.
- Exposure to different teams and the selection process was also precise.
Dislikes
- A bit of politics involved in the student team selections
- Deviation with respect to personal habits
Loan/ Scholarship Provisions:
The fee structure is divided as per categories and you can also opt for academic scholarships and different scholarships for abroad studies will also be provided. My total cost for the 4 year B.Tech program was somewhere around 16 Lakhs.
Likes
- The faculties are very much experienced, as it is an IIT. Their teaching methodology is also very good as they have a practical and example based approach.
- The lectures provided in the portal are easy to access. They are uploaded in a systematic way.
Dislikes
- This program is little bit lengthy to complete, because the minimum time to complete this program is 4 yrs and it could also take as long as 8 yrs.
- There are not much live classes to do in this course as we have got recorded lectures.
Loan/ Scholarship Provisions:
The total fees is approx 367000 rs which is very affordable. There is also scholarship schemes or fee waivers for reserved categories like Sc,St,Obc etc, but there is no fee waivers for general caste. Fees is taken before every semester, subject wise.
Likes
- High class, world level, excellent professors
- We get assignments every week which helps most for our exams
Dislikes
- Lecture are made very boring, they can enhance them more
- We get only mcq's in our exams, we need some descriptives
Loan/ Scholarship Provisions:
There will be no increase in tution fees at all.The complete cost of this course is 3,51,000. There are many scholarships available for EWS, SC/ST, and low income family students. This year around 2500 learners are recruited from this course in various MNC's.
Likes
- The IIT ecosystem, opportunities to learn and grow.
- The academic excellence, the research scenario, curriculum.
Dislikes
- Small batch size and alumni network is an issue
- The focus is more on theoretical side of things
Loan/ Scholarship Provisions:
IIT Madras has one of the lowest fees when it comes to top management institutes in India with annual fees being close to 7 Lacs including hostel and everything else. We also have a foreign exchange program which takes us to various universities which IIT Madras has collaborations especially in the European nations. Multiple financial aids are available for the students especially from the Alumni Association. I was part of multiple teams in the campus I also did a summer internship in a company based out of IIT Madras Research Park
Likes
- I have been attending classes online of data science, it's quite good experience
- The faculty are pretty good they taught us the best
Dislikes
- As this course is online, so you have attend online video lectures on laptop and u know screentime increases
Loan/ Scholarship Provisions:
If you want to know about the fee structure I would say to go through the fee structure given in their sites as they update it .. But I will provide you some details about fee Mainly they is qualifier fee of 3k and after qualifying 4000 per course for general students If you belong to reserve category you will have pay accordingly
Likes
- Courses are amazing and interesting to study
- Regular tests and level of assignment are up to the mark
Dislikes
- Students need some live interaction with theacher
- Some faculties are need to be improved like Statistics 2
Loan/ Scholarship Provisions:
Tuition fee barely increases, nearly 1000-1500 per year The c cost of my course including EWS is Rs 80000 75 % of fee waiver is provided by GOI The also provide campus internship opportunities And Stipends are also provided accordingly
Likes
- Placements of IIT Madras is obviously good as it is IIT and also provide intership opportunity from the second year. Average package are currently 15 lakh per annum but surely as it is a new degree it will increase with time and crore package will .
- Also we are getting the access of campus and the main thing for which IIT is know because of its students, so will be getting brainstorming session with top brains in the country. Also after meeting then we get so much to explore as they will startup
Dislikes
- Too much big campus, you will need to purchase cycle for you daily chores.
- As it is in Chennai so outside campus all people are tamil speaking.
Loan/ Scholarship Provisions:
This is a flexible degree, in four year there are four different levels. For first level you have to pay 32000 , for Diploma level you have to pay 134000 approx, and in the degree level for Bsc 70000 and for BS 124000. Also many financial assistance are there based on Category and family income.
Likes
- I liked the infrastructure of college and all the teaching staff
- Tech teams and clubs and many events and freshie nights
Dislikes
- Canteen
Loan/ Scholarship Provisions:
tution fee depends on what cast you belong to .as for me i am obc and it is 82k per sem which includes hostel,mess and tution fee . and there are many scholarship schemes like mcm scholarship which is provided by alumni for students whose parental income is 1-5 lpa .it is provided 66k per year and as soon we get into college we get many other scholarships based on our skills
Likes
- My course is Bachelor of science in Data Science And Application. It is a growing field for jobs.
- My course is online so I can study from the comfort of my home.
Dislikes
- As my course is online there is no hostel life so I sometimes miss it.
- The exams are so hard to pass. And if you fail you will be kicked out of the course.
Loan/ Scholarship Provisions:
The fee structure varies every year. The foundation level of the course has a fee of 32000 INR. And the fees of diploma level is 125000. Total fees for the complete bs degree is 350000 INR. There are scholarships for students whose economic condition is not good. There are scholarships of 50 % and 75 % fee waiver. There is also placement and internship support for this course.
Likes
- Every single one is good and very supportive
- Every one enthusiasm about study and also have good connectivity with other students and professors
Dislikes
- Some time they have some technical issues on websites
Loan/ Scholarship Provisions:
Tuition fees is good for every financial background anyone afford this course and they also provide categories wise Tuition fees structure and they also provide internships and apprenticeship with many companies with good stipend
IIT Madras: 1 Answered Question
What are the different types of IIT Madras scholarships?
IIT Madras offers scholarships to its students with exceptional merits and students from underprivileged backgrounds. The scholarship at IIT Madras depends on the quotas determined by the institution. The students receiving scholarships get significant reductions in their fees making it affordable for them to pursue education. Some of the types of scholarships are listed below, you can find more details on the official website of IIT Madras.
| Scholarship | Eligibility Criteria | Amount of Scholarship |
|---|---|---|
| Institute Merit-cum-Means Scholarship | Family income of not more than INR ,50,000 | 67% of the fees are exempted. 25% of the students can avail this. Renewal is done only for students having a minimum of 5 GPA every semester. |
| Institute free studentship | Family income of not more than INR 4,50,000 | 67% of the fees are exempted. 25% of the students can avail this. Renewal is done only for students having a minimum of 5 GPA every semester. |
| Institute Notional Prize | Family income of not more than INR 4,50,000 and based on student’s ranking in JEE | Only 7% of the students receive this scholarship. The one-time grant is INR 1000. |
| Institute SC/ST Scholarship | Family income of not more than INR 4,50,000 | Free mess and pocket money of INR 250 is provided to the students over and above tuition fee exemption. Renewal is done only for students having a minimum of 5 GPA every semester. |
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IIT Madras assist a number of scholarship programmes, including Institute Scholarships, Government Scholarships, Private Scholarships, and Fellowships for its Ph.D. students, to help students out financially. Every scholarship has specific eligibility requirements in order to be awarded. The following list includes some of the most well-known scholarship programmes provided by IIT Bombay and other Private Scholarships: