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
- The SBIF Asha Scholarship Program 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.
- Students pursuing undergraduate and postgraduate courses from the top 100 NIRF universities/colleges and IITs are eligible to apply.
- These students have the opportunity to receive a scholarship amount of up to ₹2,00,000 for one year.
How to Apply – SBIF Asha Scholarship Program for IIT Students
Coal India Limited EWS Scholarship
- The Coal India Limited EWS Scholarship 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 ₹10,000.
How to Apply – Coal India Limited EWS Scholarship
IITTNiF CHANAKYA – Undergraduate Fellowship
- IITTNiF CHANAKYA – Undergraduate Fellowship is offered by IIT Tirupati Navavishkar I-HUB Foundation (IITTNiF) [a not-for-profit Section-8 company].
- Students enrolled in the 1st or 3rd semester of their undergraduate program are eligible to apply.
- Selected candidates will receive a monthly stipend of ₹10,000 which will also include contingency and travel expenses.
How to Apply – IITTNiF CHANAKYA – Undergraduate Fellowship
IITTNiF CHANAKYA – PostGraduate Fellowship
- IITTNiF CHANAKYA – Postgraduate Fellowship 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 ₹12,400 which will also include contingency and travel expenses.
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.
How to Apply – Institute Merit-cum-Means (MCM) Scholarships
IIT Delhi – Singhal Scholarship
- 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 ₹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 ₹25,000 per annum to the selected students.
How to Apply – IIT Delhi – Singhal Scholarship
IIT Madras – Girish Reddy Scholarship
- The Girish Reddy Scholarship, 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.
- One of the scholarships is granted to students based on their exceptional performance throughout their previous school years, in addition to their annual family income must be between ₹5,00,000- ₹8,00,000.
- The selected candidates will be provided with a one-time grant of ₹75,000. 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
IIT Madras – Institute Merit-cum-Means MCM Scholarship
- Undergraduate Programs:
- Open to 25% of students admitted to the Engineering & Technology stream.
- Parental income must not exceed ₹4,50,000 per annum.
- Students must have secured a minimum CGPA of 7.0 at the end of the previous semester.
- Postgraduate Programs:
- Open to 25% of students admitted to the MSc and MTech programs.
- Parental income must not exceed ₹4,50,000 per annum.
- Students must have secured a minimum CGPA of 7.0 at the end of the previous semester.
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 reduces 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 organisations 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 ₹1,00,000 to ₹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 ₹60,000 (₹30,000 per semester) along with a research grant of ₹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.