IIT Indore Scholarship 2024: List, Amount, Eligibility, Apply online

IIT Indore offers a variety of scholarships and financial assistance for its students pursuing various UG and PG courses in the full-time mode. However, the student needs to satisfy the minimum eligibility and merit requirements to avail of the facilities of scholarships at IIT Indore. Some of the popular scholarship schemes of IIT Indore are mentioned below along with their details. 

Central Sector Scholarship Scheme for SC and ST students:

• The Central Sector Scholarship Scheme is specifically offered to the financially weak SC/ST category students enrolled in the 1st year of the B.Tech programmes.
• Students whose annual family income is less than INR 4.5 lakhs from all sources are eligible for the Central Sector Scholarship Scheme.

Merit Cum Means Scholarship:

• The MCM Scholarship of IIT Indore is most popular among the students of the B.Tech and M.Sc programmes. 
• However, the number of MCM Scholarships is restricted only to 25% of the students admitted.
• In order to be eligible for the MCM scholarship, the general category students should have an annual family income of INR 5 lakhs and INR 8 lakhs for the students of the OBC category. 
• The merits of the entrances and 12th standard are also considered for the selection of the scholarships at IIT Indore.

Foundation for Excellence:

• The Foundation for Excellence scholarship is given to the students of IIT Indore who excels in academics and has excellent past academic records.
• Students enrolled in the 1st year B.Tech/B.E. or integrated M.Tech programmes and eligible for the Foundation for Excellence Scholarship. 
• The basic requirements for the Foundation for Excellence are 70 % in the 12th standard along with 152 marks in JEE Advanced.
• Also, the applying student's annual family should not exceed INR 1.80 lakhs. 

Samsung Star Scholarship:

• As per the name, the Samsung Star Scholarship is offered by Samsung India Electronics Private Limited to all the students/ graduates from all the Jawahar Navodaya Vidyalaya.
• However, the Scholarship is only available for the students of B.Tech or dual degree programmes at IIT Indore.
• The merit criterion of the Samsung Star Scholarship is based on the scores of JEE Advanced.

Other Scholarships: 

Apart from the scholarships offered by the institute, students of IIT Indore can also opt for several other scholarships offered by the Government of India or private sources. The main motive of the scholarships offered by Ministries of Government of India to uplift the socially backward students. The other scholarships include the following:

• DAAD Scholarship 
• Commonwealth Scholarship 
• NHFDC Scholarship 

IIT Indore Scholarship FAQs  

Ques. What is MCM Scholarship in IIT Indore? 

Ans. The Merit Cum Means Scholarship is the most popular Scholarship among the students of IIT Indore and is offered on the basis of merits and annual family income of the candidates. 

Ques. How can I apply for the scholarships at IIT Indore? 

Ans. To avail the facilities of scholarships offered by IIT Indore, a student should visit the official website of the institute and apply for the scholarships offered by the institute. 

Ques. What is the eligibility criteria for the MCM at IIT Indore? 

Ans. A student is required to have scored a minimum of 60% marks in their 12th standard and JEE score. Also, the annual parental income of INR 5 lakhs and past academic records are considered during the selection process for scholarships at IIT Indore.