IIT Scholarships serve as essential motivations for the academic and personal growth of Indian Institute of Technology (IIT) students. With the immense financial burden that often accompanies their journey at these prestigious institutions, scholarships become invaluable in providing the necessary support and opening a world of opportunities.
Both government and private organisations in India recognize the importance of empowering IIT students through scholarships. These scholarships are designed to reward merit and reduce financial constraints, enabling students to focus on their studies and contribute to the nation’s development.
For aspiring students seeking higher education in India, here are the top 10 scholarships curated specifically for IITians. This comprehensive article offers an in-depth understanding of these scholarships and provides valuable insights and guidance. Discover the various opportunities available and seize the chance to secure a successful future through the potential of scholarships.
IIT Scholarships – Detailed List of Top Scholarships
Here is the comprehensive list of the top 10 scholarships offered to IIT students in India in 2023. To know more about the available scholarships, their application process, and more, check the detailed list below.
SBIF Asha Scholarship Program 2023
- The SBIF Asha Scholarship Program 2023 is an educational initiative of the SBI Foundation, operating under its Integrated Learning Mission (ILM) vertical.
- The program provides financial aid to deserving students hailing from low-income families across India, ensuring the continuity of their education.
- College students in their first year of undergraduate studies from prestigious NIRF universities/colleges, IITs, MBA/PGDM programs from IIMs, and PhD programs from renowned institutions are eligible for this scholarship.
- These students have the opportunity to receive a scholarship amount of up to INR 5,00,000 for one year.
Last Date to Apply – 31st May 2023
How to Apply – SBIF Asha Scholarship Program 2023
Coal India Limited EWS Scholarship 2023
- The Coal India Limited EWS Scholarship 2023 by Coal India Limited offers scholarship opportunities to students pursuing undergraduate degrees in Engineering and Medical courses.
- The scholarship facilitates high-quality professional education among deserving students from the Below Poverty Line (BPL) to make them successful professionals.
- Selected candidates will be granted full coverage of the course expenses for the entire duration of their program.
- This encompasses the reimbursement of complete tuition fees, accommodation charges (hostel fees/mess charges), and an additional incidental fee amounting to INR 10,000.
Last Date to Apply – 15th April 2024
How to Apply – Coal India Limited EWS Scholarship 2023
IITTNiF CHANAKYA – Undergraduate Fellowship 2023
- IITTNiF CHANAKYA – Post-Graduate Fellowship 2023 is offered by IIT Tirupati Navavishkar I-HUB Foundation (IITTNiF) [a not-for-profit Section-8 company].
- Students who are studying in their 5th and 7th semester of B.Tech./B.E./B.Sc or any equivalent degree are eligible to apply.
- Selected candidates will receive a monthly stipend of INR 12,400 which will also include contingency and travel expenses.
Last Date to Apply – 31st December 2023
How to Apply – IITTNiF CHANAKYA – Undergraduate Fellowship 2023
IITTNiF CHANAKYA – Post-Graduate Fellowship 2023
- IITTNiF CHANAKYA – Post-Graduate Fellowship 2023 is offered by IIT Tirupati Navavishkar I-HUB Foundation (IITTNiF) [a not-for-profit Section-8 company].
- Students who are studying in their 1st and 3rd semester of M.Tech./M.E./M.S. or any equivalent degree are eligible to apply.
- Selected candidates will receive a monthly stipend of INR 12,400 which will also include contingency and travel expenses.
Last Date to Apply – 31st October 2023
How to Apply – IITTNiF CHANAKYA – Post-Graduate Fellowship 2023
Institute Merit-cum-Means (MCM) Scholarships
- The Merit-cum-Means (MCM) Scholarships are available at all the Indian Institutes of Technology (IITs) and are awarded to a maximum of 25% of undergraduate students enrolled in the institution for every academic year.
- This scholarship is specifically applicable to students enrolled in a B.tech dual degree program.
- To qualify for the MCM Scholarship, students must demonstrate commendable academic performance in the preceding academic year. Marks obtained in common JEE-AIR will be considered as one of the selection criteria.
- Additionally, the annual income of the student’s parents should not exceed INR 5,00,000 to meet the eligibility criteria for this scholarship.
Last Date to Apply – July to September (tentatively)
How to Apply – Institute Merit-cum-Means (MCM) Scholarships
IIT Delhi – Singhal Scholarship 2023
- IIT Delhi – Singhal Scholarship is arranged by the Indian Institute of Technology, Delhi.
- It is a donor-based scholarship provided to first-year female students with an annual family income lesser than INR 8,00,000 per annum.
- Candidates are selected based on their JEE rank and they have to maintain a CGPA of 7.5 along with earning 22 credits every semester.
- This scholarship offers INR 25,000 per annum to the selected students.
Last date to Apply – July to September (tentative)
How to Apply – IIT Delhi – Singhal Scholarship 2023
IIT Madras – Girish Reddy Scholarship 2023
- The Girish Reddy Scholarship 2023, offered by the Indian Institute of Technology, Madras is available to B.Tech 1st-year students. This scholarship program consists of two scholarships, which are awarded based on the highest JEE ranks achieved by the candidates and their family income, provided it does not exceed INR 5,00,000 per annum.
- One of the scholarships is granted to students based on their exceptional performance throughout their previous school years, in addition to their family income not surpassing INR 5,00,000 per annum.
- The selected candidates will be provided with a one-time grant of INR 25,000. Subsequently, the scholarships will be renewed each year, subject to the condition that the candidates maintain a minimum cumulative grade point average (CGPA) of 8 in their preceding semester.
Last Date to Apply – July to September (tentative)
How to Apply – IIT Madras – Girish Reddy Scholarship 2023
IIT Delhi – Institute Merit Prizes and Certificates
- The Institute Merit Prizes and Certificates, offered by the Indian Institute of Technology, Delhi support the students of each 4-year B.Tech and 5-year Dual Degree programs.
- The top 7% of students are eligible for receiving this scholarship.
- This program supports each student in each of their semesters (up to the 8th/10th semester) by providing financial support of INR 2,500 per semester.
Last Date to Apply – July to September (tentative)
How to Apply – IIT Delhi – Institute Merit Prizes and Certificates
IIT Madras – Institute Merit-cum-Means MCM Scholarship 2023
- The Merit-cum-Means (MCM) Scholarship is available at all the Indian Institutes of Technology, Madras.
- It is awarded to a maximum of 25% of undergraduate students enrolled in the institution for every academic year.
- The scholarship program is renewable but it is subjective to students scoring a minimum of 5 CGPA in the previous semester.
- The annual family income should not exceed INR 4,50,000 to meet the eligibility criteria for this scholarship.
- The scholarship offers a 67% tuition fee exemption for each selected student.
Last Date to Apply – July to September (tentative)
How to Apply – IIT Madras – Institute Merit-cum-Means MCM Scholarship
IIT Kanpur – Anil and Reshma Nigam Scholarship
- The Anil and Reshma Nigam scholarship is one of the donor scholarships provided at the Indian Institute of Technology, Kanpur.
- It is awarded to students with undergraduate degrees who are pursuing Chemical Engineering and enrolled in a 4-year or 5-year program.
- Students are required to score at least 6 CPI and have an annual family income of less than INR 6,00,000.
- The amount of the scholarship varies depending on the tuition fees of the specific chosen subject.
- The scholarship offers a 67% tuition fee exemption for each selected student.
Last Date to Apply – July to September (tentative)
How to Apply – IIT Kanpur – Anil and Reshma Nigam Scholarship
In conclusion, scholarships act as an important factor in supporting the academic and personal growth of students at the Indian Institute of Technology (IIT). It does not only reduce the financial burdens but also enables students to fully focus on their studies to pursue their aspirations. The recognition and availability of scholarships from both government and private organizations demonstrate the commitment to empowering IIT students and fostering their contributions to the nation’s development.
IIT Scholarships – Frequently Asked Questions (FAQs)
Can a student receive a full scholarship at IIT Bombay?
The Indian Institute of Bombay provides several scholarships to assist students financially. Some of the scholarships are offered by the institute to the students. Other scholarships are provided by the Government of India, private organizations, and other donors. Students must check the eligibility criteria before applying for any of the scholarships.
Do IITs offer a tuition fee waiver?
In some cases, students with a family income of between INR 1,00,000 to INR 5,00,000, receive a 2/3rd tuition fee waiver at IITs.
What minimum percentage is typically required to be eligible for a scholarship at IIT?
The institute Merit-cum-Means scholarship is offered to 20% of the total students enrolled for the specific academic year. Students need to score at least 5 CGPA out of 10 every semester to qualify for the renewal of the scholarship.
What is INSPIRE scholarship?
INSPIRE scholarship is offered to IIT students pursuing B.S. programs and has ranked within 10,000 as per the Common Merit List (CML) in the AlR. Selected students will receive INR 60,000 (INR 30,000 per semester) along with a research grant of INR 20,000 (one-time).
What is the minimum All India Rank (AIR) required in JEE Mains to secure admission to IIT?
To secure admission to an IIT, a student is generally expected to obtain a JEE Mains rank of approximately 3000 or below.