IIT and NIT Scholarships – Financial Aid Programs for 1st Year Engineering Students 

Getting admission opportunities in top institutions like IITs (Indian Institute of Technology) and NITs (National Institute of Technology) is really a tough proposition in India, given the tough competition and low success rate in JEE Main and JEE Advanced entrance tests.
However, once you succeed, you should not think twice of grabbing that coveted opportunity.

But, what if you are not able to afford the fees and other educational expenses for your engineering programme despite getting an opportunity?

Worry not! Several of these prestigious institutions provide scholarships, fee waivers, and fee reductions to help students who face financial problems in continuing their engineering programme.

Buddy4Study has compiled here a list of such institute-specific scholarships which offer an opportunity for newly-joined or would-be joining IITians and NITians to receive financial assistance to pursue their education dreams.

IIT Bombay

Scholarship NameReceiverEligibilityScholarship Amount*Additional Benefit
Merit- cum- Means Scholarship (MCM)BTech or dual-degree programme students
  • Merit – JEE Advanced AIR will be the criterion for fresher’s academic performance 
  • Means – Family’s gross annual income must not exceed INR 5 lakhs (general)/ 4.5 lakhs (SC/ST)

Note: A copy of the 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 while applying.

INR 1000 per monthFree tuition fee per semester (INR 25,000 per semester) to a maximum of 25% of the sanctioned intake of undergraduate students.

For those pursuing dual degrees, the benefit is available only up to the 4th year.

Named Scholarship**This scholarship is managed by the Office of the Dean Alumni & Corporate Relations and is offered to undergraduate engineering students
  • Merit 

For New entrants of B.Tech., Dual Degree (B.Tech. + MTech.), B.S. – selection will be made based on JEE AIR 

For B.Des. students – selection will be made based on UCEED Rank

  • Means – Family’s gross annual income must not exceed INR 5 lakhs
Named Merit Scholarships: Rs. 25,000 – Rs.1,50,000 per year

2. Named Merit-cum-Means Scholarships: Rs. 25,000 – Rs.1,00,000 per year.

Note: The benefits are available for the standard duration of the program on registration and satisfactory performance. 
Free MessingApplicable for SC/ST students only
  • Eligible students are exempted from the payment of the tuition fees.

Note: Students availing of these facilities cannot accept any other scholarship from Govt., Semi-Govt. or private sources

INR 250 per month (pocket allowance)
  • Free messing facility – only basic menu
  • Exemption of hostel room rent payment (subjected to the means criterion)

*Scholarship amounts are subject to change on the discretion of the scholarship provider

**The concept of ‘Named Scholarships’ is typically associated with establishing a scholarship fund to honor or memorialize a loved one’s interests or accomplishments, honor a former student and/or faculty member, or encourage students in a particular academic area. The scholarship providers may even name the fund after themselves.

Most recently, 3300 donors of a US based alumni group of IIT Bombay supported 575 Named Scholarships, which benefitted nearly 5,000 students and funded the construction and establishment of 25 major centres, schools and laboratories.

Scholarship Registration, Find New Scholarship

Calendar for UG scholarship (including M.Sc.) for the Academic year 2021-22

IIT Kharagpur

Scholarship NameReceiverEligibilityScholarship Amount*Additional Benefit
Merit- cum- Means Scholarship (MCM)BTech or dual-degree programme students
  • Merit – JEE Advanced AIR will be the criterion for fresher’s academic performance 
  • Means – Family’s gross annual income must not exceed INR 5 lakhs (general)/ 4.5 lakhs (SC/ST)

Note: A copy of the 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 while applying for it.

INR 1000 per monthFree tuition fee per semester (INR 25,000 per semester) to a maximum of 25% of the sanctioned intake of undergraduate students.

For dual degree, it is available only up to the 4th year.

Endowment Scholarship
  • 200  scholarships are offered to undergraduate students
  • The tuition fee is waived for SC/ST students

IIT Delhi

Scholarship NameReceiverEligibilityScholarship Amount*
Institute Merit-cum-Means (MCM) ScholarshipsUndergraduate students in engineering and technology

(only 25% of the students will receive the scholarship)

Based on the merit of the candidateINR 1,000 per month for General/OBC/EWS students 

The recipient will be exempted from paying the tuition fee

Institute Merit Prizes and CertificatesMerit prizes and certificates are offered to the top 7% of the students of each 4-year B.Tech., and 5-year

Dual Degree programmes each semester up to the 8th / 10th semester

Based on the merit of the candidateINR 2,500
Scholarship provision for SC, ST & PD studentsStudents must belong to SC, ST & PD categoryAll SC/ST/PD students are exempted from paying tuition fees irrespective of their parents’/ guardians’ income
Institute Free Studentship-U. GUndergraduate studentsSelection will be based on means only criterionFree studentship to 10% of the student
Daulat Ram Mendiratta Scholarship1st-year undergraduate students of Civil EngineeringThe scholarship will be awarded based on the student’s JEE MeritINR 1,000 per month for 10 months
Singhal ScholarshipFirst-year female students of Electrical Engineering or Mechanical engineeringParental income should not exceed INR 5 lakh per year

The scholarship will be awarded based on merit cum means

INR 6,500 per month
Rupa Moudgil ScholarshipUndergraduate fresher per semesterThe scholarship merit-based will be awarded based on merit cum meansINR 1,000 per month for 10 months

IIT Kanpur

Scholarship NameReceiverEligibilityScholarship Amount*
Merit-cum-Means (MCM) Scholarships
  • Undergraduate students in engineering [(B.Tech, BS, Major-Minor, Major-Major]
  • Up to 25% of the students in a batch 
  • From the total number of MCM Scholarships available in each batch, 20% shall be reserved for students belonging to the SC/ST category
  • For the first-year UG students, common JEE-AIR or marks obtained will be used for awarding the MCM scholarship
  • The student must maintain a minimum CPI of 6.5 as it is a merit based scholarship
  • If CPI falls below 6.5 (but remains above 6.0) then pocket allowance is withdrawn
  • Parents’ annual income should be within INR 6 lakh
Full tuition waiver

INR 1,000 per month pocket allowance for the duration of the program

Merit-cum-means scholarships given by alumni of IIT KanpurStudents of a particular department (depends on IIT-Kanpur’s decision)Parents’ annual income should be within INR 4.5 lakhINR 2,000 per month for 10 months
Free Basic Messing and Pocket AllowanceSC/ST students undertaking Bachelor Program (B.Tech, Dual degree) Parents’ annual income should be within INR 4.5 lakhFree basic mess

Pocket allowance as per IIT Kanpur

IIT Madras

Scholarship NameReceiverEligibilityScholarship Amount*
Institute Merit-cum-Means (MCM) ScholarshipAvailable for 25% of admitted students 

Note: Renewal of the scholarship is also possible every semester if the minimum GPA is 5 in the previous semester

Parents’ annual income should be within INR 4.5 lakh67% tuition fee exemption (around INR 25,000)
Institute Free StudentshipSimilar to MCM scholarship (as mentioned above), but available to 10% of students who do not qualify for the MCM scholarshipParents’ annual income should be within INR 4.5 lakhAvailable for 25% of students admitted

67% tuition fee exemption (around INR 25,000)

Institute National PrizeAvailable to 7% of students admittedBased on JEE rank

Parents’ annual income should be within INR 4.5 lakh

One time grant of INR 1,000
Institute SC/ST ScholarshipAvailable to SC and ST studentsMust belong from SC and ST categoryFree messing

INR 250 (pocket allowance)

Exemption of hostel seat rent

 

Tuition Fee exempted for all SC/ST students

Sri V. Ranga Raju Memorial ScholarshipBased on merit cum means scholarship to newly joined B. Tech students

When MCM is equal, preference is given to students from rural areas

Note: Scholarship is renewed every semester only if the student can maintain a minimum GPA of 5.0

Parents’ annual income should be within INR 5 lakhINR 500 per month for 4 years
Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award1 first-year B. Tech student
  • Based on merit cum means scholarship to newly joined B. Tech students
  • Parents’ annual income should be within INR 5.5 lakh
One-time payment of INR 2,500
Pratibha Scholarship of the Govt. of Andhra PradeshB. Tech students
  • Must be a native of Andhra Pradesh
  • Must secure a minimum of 60% in class 12
  • Parent’s annual income must not exceed INR 1 lakh
INR 20,000 per year (renewable every year)
OPJEMS B. Tech studentsShould be among the top 20 students based on respective JEE marksINR 65,000 per year
Shipping Corporation of India ScholarshipB. Tech students in Naval Architecture courseStudents should belong to SC/ST/BPL categoryINR 48,000 per annum
TODAI ScholarshipScholarship offered to 2 excellent B.Tech. students amongst the Aerospace Engineering, Electrical Engineering and Mechanical Engineering branchesStudents must study in Japan2 lakh Japanese yen per year
Dr K Vasanth Rau ScholarshipFor B. Tech student (One student for the entire duration of the programme)Based on JEE rank 

Parental income must be within INR 5.50 lakhs

INR 25,000 per year
Indian Women’s Association at Bonn ScholarshipFor 1 B. Tech studentBased on JEE rank 

Parental income must be within INR 5 lakhs

INR 1,250 per month for 12 months only

IIT Roorkee

Scholarship NameReceiverEligibilityScholarship Amount
Institute Merit-cum-Means (MCM) ScholarshipAvailable for 25% of admitted undergraduate students Enrolled through JEE based on AIR rank

Parent’s annual income is within INR 6 lakhs per year

General & OBC categories

Full tuition fee waiver

INR 1,000 per month for 10 months (pocket allowance)

SC/ST category

INR 250 per month for 10 months (pocket allowance)

INR 1,500 per month for 10 months (mess charges)

IIT Guwahati

Scholarship NameReceiverEligibilityScholarship Amount
Merit-cum-Means (MCM) ScholarshipNon-SC/ST students Scholarship awarded strictly on merit-cum-means basis and on the recommendations of the Scholarship Committee

Note –  Parental income of General category candidates should not exceed the prescribed limit of INR 4.5 lakhs per year

INR 1,000 per month [5 stipends per month for two semesters (Aug-Nov & Jan-Apr, a total of 8 months) along with a tuition fee waiver for two semesters

IIT Gandhinagar

Scholarship NameReceiverEligibilityScholarship Amount
Merit-cum-Means Scholarship (MCM)Maximum of 25% of the enrolled students in the undergraduate programParental income should not exceed the prescribed limit of INR 4.5 lakhs per yearINR 1,000 per month for 10 months

Exemption from payment of annual tuition fees

Free Basic Messing and Pocket AllowanceSC and ST studentsParental income should not exceed the prescribed limit of INR 4 lakhs per yearFree basic messing facility

INR 250 per month (pocket allowance)

Gita and Prithwish Goswami Scholarship1 first-year undergraduate students (General and OBC) Parental income should not exceed the prescribed limit of INR 4.5 lakhs per yearINR 1,500 for 10 months 

Annual tuition fee exempted 

Freeship10% of students who are not eligible for MCM ScholarshipsSame as MCMExempted from annual tuition fee

Scholarship Registration, Get Scholarship Update

NIT

NIT Trichy

Scholarship NameReceiverEligibilityScholarship Amount*
Engineers India Limited ScholarshipFor SC/ST students pursuing BTech programmeAnnual parental income must not exceed Rs 3 lakhINR 3,000 per month
Fee Remission for General/OBC/EWS categoryFor General/OBC/EWS studentsAnnual parental income must not exceed INR 5 lakhTuition fee exempted

NIT Rourkela

  • PMS (Post- Matric Scholarships) (for SC-ST students) given by Orissa Government
  • TCS (Top Class Scholarships) (All students) given by Tata Consultancy Services
  • Merit Scholarships (Govt. of Odisha) (All students)
  • NTS (National Talent Scholarship) (GoI)
  • TCS scholarship for CSE students
  • Indian Oil Scholarship
  • ONGC scholarship
  • Balmer Lawrie and Co. Ltd.

NIT Surathkal

Scholarship NameReceiverEligibilityScholarship Amount*
Merit Cum Means Scholarship50 meritorious students in undergraduate level
  • 70% marks or above in 10+2 examination
  • Annual family income is less than INR 4.5 lakhs
  • Merits scored by the students in the JEE Main exam
INR 2,000 per month
Merit ScholarshipTop 5 students every year based on merits in JEE Main entrance examination
  • 90% marks or above in their 10+2 examination
INR 10,000 per year
Pradeep Gundappa Memorial ScholarshipMerits scored by the students of NIT Surathkal in the JEE Main Entrance examination
  • 70% marks or above in their 10+2 examination
  • Annual family income is less than INR 3 lakhs
INR 2,000 for 8 semesters

NIT Warangal

Scholarship NameReceiverEligibilityScholarship Amount
NIT Scholarship for SC/ST/PWD studentsFor B. Tech studentsStudents must belong from SC/ST/PWD category
  • Most economically backward students whose family income is less than INR 1 lakh per year shall get full remission of the fee
  • Other economically backward students whose family income is between INR 1 lakh and INR 5 lakhs per year shall get 2/3rd remission of the entire fee

NIT Visvesvaraya 

There are a number of scholarships that are offered to B. Tech students. The details are revealed by the institute to the students after their admissions. 

National Level Scholarships  

  • Central Sector Scheme of Scholarship for College & University Students
  • Central Sector Scholarship of Top-Class Education for SC Students 
  • National Fellowship and Scholarship for Higher Education of ST Students 
  • Scholarship (Formerly Top-Class Education for ST Students) 
  • Merit-cum-means Scholarship for Professional and Technical Courses Central Sector
  • Prime Minister’s Scholarship Scheme for Central Armed Forces and Assam Rifles
  • Umbrella Scheme for Education of ST Children, Post Matric Scholarship (PMS) for ST Students
  • Scholarship for Top Class Education for Students with Disabilities
  • Post Matric Scholarship Scheme for Minorities Central Sector 
  • Post Matric Scholarship for Students with Disabilities 
  • Post Matric Scholarship for SC Students 
  • Scholarship under IOMC Workers Welfare Fund 
  • Post of Matric Scheme for Award of Scholarship under BEEDI Workers Welfare Fund 

Maharashtra State Scholarships 

  • Government of India Post Matric Scholarship / Freeship for OBC, SBC, VJNT, SC Category (Maharashtra State only) from District Social Welfare Office, Nagpur. 
  • Government of India Post Matric Scholarship / Freeship for Schedule Tribe (ST) Category (Maharashtra State only) from Integrated Tribal Development Project, Nagpur. 
  • Primary / Secondary Teacher Concession for Teachers ward belongs to Maharashtra State only. • SPDC Scholarship / ICCR Scholarship — students belonging to DASA / ICCR 
  • Gunwan Vidyarthyanna Arthik Sahay Yojana (AMS)
  • Rajashri Shahu Maharaj Merit Scholarship
  • Pandit Deendayal Yojna for ST Student 
  • Dr. Babasaheb Ambedkar Swadhar Yojna for SC Student – Only for Hostel Benefits 
  • Maharashtra State DTE Scholarship for Minorities