IIT Madras, renowned for its academic excellence, stands as a beacon of aspiration for countless students seeking a top-notch engineering education. While gaining admission to this prestigious institution is highly competitive, the institute recognizes the financial challenges faced by many and offers a comprehensive scholarship program to support deserving students.
IIT Madras offers various scholarships designed to encourage meritorious students and provide financial assistance to those in need. These scholarships encompass selective scholarship amounts, fee waivers, and dedicated schemes tailored for students belonging to Scheduled Castes (SC), Scheduled Tribes (ST), and female students. Funding for these scholarships originates from a diverse range of sources, including generous contributions from alumni, partnerships with leading companies, and grants from the Government of India.
Breaking Down the Scholarship Options:
Here’s a closer look at some of the key scholarships offered by IIT Madras and their respective eligibility criteria:
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Merit-cum-Means Scholarship:
This scholarship is available to students whose parents’ annual income does not exceed Rs. 4,50,000/-. It covers 67% of the tuition fee and is awarded to 25% of the admitted students. Renewal of the scholarship is contingent upon maintaining a minimum GPA of 5.0 in the preceding semester.*
Institute Free Studentship:
This scholarship, also awarded to 25% of admitted students, is open to those whose parents’ annual income does not surpass Rs. 4,50,000/-. The scholarship provides a complete tuition fee exemption and is renewed semester-wise based on a minimum GPA of 5.0.*
SC/ST Scholarship:
Students from SC and ST communities with a parental income below Rs. 4,50,000/- are eligible for this scholarship. It encompasses free mess facilities, a monthly pocket allowance of Rs. 250/-, and full tuition fee exemption. The scholarship’s renewal is subject to a minimum GPA of 5.0 per semester.*
Indian Women’s Association at Bonn Scholarship:
This scholarship, awarded to one B.Tech student, is based on JEE (Joint Entrance Examination) rank and a parental income ceiling of Rs. 5 lakhs. The scholarship provides a monthly stipend of Rs. 1,250/- for 12 months.*
Dr. K Vasanth Rau Scholarship:
Based on JEE rank and parental income capped at Rs. 5.50 lakhs, this scholarship offers an annual amount of Rs. 25,000/- to one student throughout the program’s duration. Renewal is contingent upon achieving a GPA of 6.5 or higher.Government-Funded Scholarship Schemes:
IIT Madras also facilitates access to several scholarships sponsored by the Government of India:
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Central Sector Scholarship for SC Students:
This scholarship, funded by the Ministry of Social Justice and Empowerment, is available to the top 10 SC students based on JEE rank and a parental income not exceeding Rs. 4.5 lakhs. The scholarship covers a personal computer (Rs. 45,000/-), monthly living expenses (Rs. 2,200/-), annual expenses for books and stationery (Rs. 3,000/-), and tuition fee reimbursement. Only students pursuing B.Tech, MBA, or Dual Degree programs are eligible.*
Central Sector Scholarship for ST Students:
This scholarship, sponsored by the Ministry of Tribal Affairs, is awarded to the top 5 ST students based on JEE rank, with a parental income cap of Rs. 6 lakhs. The scholarship includes a personal computer (Rs. 45,000/-), monthly living expenses (Rs. 2,200/-), annual expenses for books and stationery (Rs. 3,000/-), and tuition fee reimbursement. Only students pursuing B.Tech, MBA, or Dual Degree programs are eligible. The scholarship is renewable upon successful completion of each year’s final examination.*
Merit-cum-Means Scholarship for Minority Students:
The Ministry of Minority Affairs offers this scholarship to students from minority communities (Muslims, Christians, Sikhs, Buddhists, and Parsis) with a parental income below Rs. 2.5 lakhs per year. The scholarship provides annual maintenance expenses of Rs. 10,000/- for hostelers and Rs. 5,000/- for day scholars, along with course fee reimbursement up to Rs. 20,000/- or the actual fees, whichever is lower. The scholarship amount is sanctioned by the respective State Governments. A 30% quota is reserved for girl students. Renewal is contingent upon clearing the final examination of each academic year.*
MHRD Scholarship for Single Girl Child:
This scholarship, governed by the Ministry of Human Resource Development (MHRD), provides an annual amount of Rs. 40,000/- to single girl child students.Additional Information:
For detailed information on other scholarships available at IIT Madras, students are encouraged to visit the official IIT Madras website or contact the institute’s scholarship cell directly.
