New Delhi, 3 February 2022 – IIT Delhi will be offering free BTech degrees to students every year, as the institute has received INR 10 crore as an endowment from an alumnus. The fund has been donated by IIT Delhi alumnus Dr Amit Sinha, a student of the 1998 batch of BTech in Electrical Engineering. He has gifted the institute INR 10 crores (USD 1.34 million) through the Amit & Deepali Sinha Foundation, with the aim to establish a first-of-its-kind, full-ride scholarship for deserving students who make it into the institute.
As per the scholarship plan, the top five undergraduate students who make it into IIT Delhi every year will receive complete financial aid through their studies. The scholarship will cover all education-related expenses for these top-five UG students, until they pass out from the institute.
Acknowledging the donation, the Director of IIT Delhi – Prof V Ramgopal Rao – said, “I would like to thank Amit and Deepali Sinha for their generous endowment. Alumni contributions are an important resource to enhance an institute’s competitiveness in attracting both students and faculty. IIT Delhi is proud of such alumni who serve as role models for our students. It is a testimony to the high regard they have for their institute and an acknowledgement of the role IIT Delhi has played in their careers. We wish them further success.”
IIT Delhi Free Full-Ride Scholarship – Details
- Each year, the students who secure the top five ranks in IIT Delhi admissions (based on JEE Advanced scores) will be selected for the fellowship.
- The scholarship will be awarded for all four years at the institute and will take care of the students’ education until they pass out.
- The endowment fund will also be used to establish 15 student scholarships to provide financial aid to students from economically weaker backgrounds.
- As per the scholarship plan, two leadership-based awards will be offered to third-year students. This will be done to support internship/exchange programmes in the institute.
- Additionally, the endowment will establish two faculty chairs to promote research in Electrical Engineering and Computer Science.
- The Electrical Engineering chair will promote research in areas such as wireless communications, renewable energy, nanoelectronics, among others.
- The Computer Science chair will promote research in areas such as artificial intelligence, cybersecurity, quantum computing, among others.