IIT Madras Scholarship 2024

Chennai, Tamil NaduAutonomous UniversityEstd 1959
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Written By Collegedunia Team 

IIT Madras assist a number of scholarship programmes, including Institute Scholarships, Government Scholarships, Private Scholarships, and Fellowships for its Ph.D. students, to help students out financially. Every scholarship has specific eligibility requirements in order to be awarded. The following list includes some of the most well-known scholarship programmes provided by IIT Bombay and other Private Scholarships.

Institute’s Scholarship:

The table below lists a few of the well-known scholarships the institute offers along with a description of each.

Name of the Scholarship Eligibility Criteria Award Scholarship
Institute Merit-Cum Means Scholarship Family annual income should not exceed INR 4.5 Lakhs 67% tuition exemption. Available for only 25% of students admitted. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Institute Free studentship Family annual income should not exceed INR 4.5 lakhs 67% tuition exemption. Available for only 25% of students admitted. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Institute National Prize Based on JEE rank and parents' monthly income not exceeding INR 4.5 Lakhs 7% of accepted students are eligible. One-time donation of INR 1000
Institute SC/ST Scholarship Family annual income should not exceed INR 4.5 Lakhs Free messing and pocket allowance of INR 250 per month, over and above tuition fee exemption. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Girish Ready Scholarship 2 Scholarships on the basis of highest JEE rank and annual family income not exceeding INR 5 lakhs and 1 Scholarship on the basis of best all-round performance in the previous school years and annual family income not exceeding INR 5 lakhs INR 25,000 every year. Renewal of scholarship every semester requires a minimum GPA of 8.0. in the previous semester.
Indian Women’s Association at Bonn Scholarship On the basis of the highest JEE rank and annual family income not exceeding INR 5 lakhs INR 1,250 to one B.Tech student only for 12 months.
 
Sri V Ranga Raju Memorial scholarship On the basis of Merit cum Means and annual family income not exceeding INR 5 lakhs INR 500 to one B.Tech student only for 4 years. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award On the basis of Merit cum Means and annual family income not exceeding INR 5.5 lakhs One-time payment of INR 2500.
M Sankaraiah and M Saradha (Mithigiri) Scholarship On the basis of highest CGPA at the end of 4th semester of students of the B.Tech / Dual Degree Electrical Engineering One-time payment of INR 20,000
Dr K Vasanth Rau Scholarship On the basis of the highest JEE rank and annual family income not exceeding INR 5.5 lakhs. Renewal is based on a GPA of 6.5 and above INR 25,000 per annum to one student

Other Scholarships:

Other scholarships at IIT Madras are listed here, along with their specifics, in addition to the ones that the institution itself offers.

Scholarship Eligibility Criteria Amount of Scholarship
Ministry of Social Justice and Empowerment, GoI. Central Sector Scholarship For SC students Top 10 students based on JEE rank and parental income not exceeding INR 4.5 Lakhs (only students of B.Tech, MBA & Dual Degree students are eligible) Personal PC of INR 45,000 (one time); Living Expenses INR 2,200 per month; Books and Stationery INR 3,000 per annum; Reimbursement of Fees.
Ministry of Tribal Affairs , GoI. - Central Sector Scholarship For ST students Top 5 students based on JEE rank and parental income not exceeding INR 6 Lakhs (only students of B.Tech, MBA & Dual Degree students are eligible) Personal PC Rs.45,000/- (one time); Living Expenses Rs.2,200/- per month; Books and Stationery Rs.3,000/- per annum; Reimbursement of Fees. Renewable subject to passing of the final examination of each year.
Ministry of Minority Affairs, GoI Meritcum-Means Scholarship Students from minority groups like Muslims, Christians, Sikhs, Buddhists, and Parsis who have parents whose annual income does not exceed INR 2.5 Lakhs are eligible. Maintenance Expenses @ Rs.10,000/- per annum for hostellers and for dayscholars Rs.5,000/- Reimbursement of course fee of Rs.20,000/- or the actual fees whichever is less. The scholarship amount will be sanctioned by the State Govt. 30% of the scholarship are reserved for girl students. Renewable subject to passing of the final examination of each year.
MHRD scholarship for single Girl child As per GoI norms INR 40,000/- per year
Pratibha Scholarship of Govt. of Andhra Pradesh Open to B.Tech students. They should be native of the State of Andhra Pradesh and secured a minimum of first class with 60% marks in Intermediate / XII class or its equivalent with annual parental income not exceeding 1 Lakh INR 20,000/- per annum and renewable every year. Students should apply directly to AP Govt.
Aditya Birla Scholarship The selection will be made by the Aditya Birla Group among the top 20 students in JEE Rank. INR 60,000 per annum
 
Inlakhs Scholarship Academic performance (CGPA of 9.0 & above) at the end of 2nd semester Selection by a Committee (One scholarship) INR 25,000/- per semester for a period of four years.
 
ST Engineering Scholarships Offered to two BTech Students of II, III & IV Year, Amongst top 10% students of AE, CS, ME. INR 80,000/- per annum
OPJEMS Selection among top 20 based on JEE rank. Higher semesters based on CGPA among top 20. INR 80,000 per annum
Shipping Corporation of India Scholarship For all SC / ST / BPL students of BTech Naval Architecture INR 48,000/- per annum or full tuition fee / hostel charges
TODAI Scholarship Offered to two BTech Students of I, II, III & IV year amongst AE, EE, ME to excellent students.  2 Lakhs Japanese yen per year
Nissan Scholarship Offered to two B.Tech / Dual Degree Students III & IV year INR 70,000/- per annum
DAE, DGFS Scholarship by DRDO B.Tech Aerospace students Minimum CGPA of 7.0 Based on JEE Rank INR 5,000 per month for 4 years. One time book allowance of INR 10,000/-.
IIT Madras 72 batch Scholarship Trust is providing interest free Educational loan to B.Tech students. INR 25,000/- per year
Inspire Scholarship (Department of Science and Technology, Government of India) All Students admitted to Dual Degree (B.S & M.S) – for 5 years INR 80,000/- per annum per student
SSAN Ananya Educational trust Academic performance will be reviewed on periodic basis. Each beneficiary should ensure meeting basic minimum performance criteria (to be established later) to enable to continue the benefit of financial assistance of the Trust. Interest free Educational Loans

FAQs

Ques. Does IIT Madras offer a scholarship?

Ans. Yes, IIT Madras provides several scholarships to eligible students to support their education. Some of them include SC/ST Scholarship, Inspire Scholarship, MCM Scholarship, National Scholarship, and many more.

Ques. How can I get a scholarship at IIT Madras?

Ans. To get a scholarship at IIT Madras, you need to meet the eligibility criteria for the scholarship and follow the application process.

Ques. What are the basic requirements for the Merit Cum Means Scholarship at IIT Madras?

Ans. The Institute Merit-cum-Means Scholarship at IIT Madras is awarded to students from economically weaker sections of society who have secured good academic grades. 

Ques.. Is it required to appear for the interview to get a scholarship at IIT Madras? 

Ans. The requirements for obtaining a scholarship at IIT Madras may vary depending on the specific scholarship program. However, in general, it is possible that an interview may be required as part of the selection process for some scholarship programs at IIT Madras.

Ques.. Does an outside scholarship of IIT Madras require a specific academic qualification? 

Ans. Yes, outside scholarships for IIT Madras may have specific academic qualifications that applicants must meet in order to be considered. The specific qualifications may vary depending on the scholarship program, so it's important to carefully review the eligibility criteria for each scholarship you are interested in.

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Kamal Kant Verma
Kamal Kant Verma
5.0
Reviewed on Nov 4, 2024(Enrolled 2022)

Fees and Financial Aid:

So basically the courese that i have opted for is bs in programming and data science There are 3 level in it foundation diploma and degree Foundation cost us 4000 per course Diploma and degree cost around 10000 per course There are in total 32 course 8 in foundation and rest in others

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Bittu Kumar
4.7Helpful
Reviewed on Oct 22, 2024(Enrolled 2023)

Fees and Financial Aid:

Tution fees of BS in Electronic system in IIT Madras is 146000 per year making a total of 584000 for 4 year degree. Their is no scholarship but They provide Fee waivers according to Category. Sc/st and obc with less than 1 lac income gets 75% fee waiver and obc with more than 1 lac income and less than 5 lac also gets 50% waiver. No waiver for general category.

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Darsheel Sharma
4.7Helpful
Reviewed on Oct 15, 2024(Enrolled 2024)

Fees and Financial Aid:

The tution fees to general students is 273000 for the whole first year it includes all the fees except the hostel fees. The hostel fees for the whole first year will be 73746 including mess fees. The mess fess is around 34000 the rest are the different hostel fees. I can't comment on the fees in the remaining 3 years as i am a fresher only. There are a lot of different types of scholarships available to help the students in need of it. There are lots of different criterias to get the scholarships.

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Rinku patidar
3.9Helpful
Reviewed on Oct 14, 2024(Enrolled 2024)

Fees and Financial Aid:

Total fee is vary every year it depends on how many courses you opt . Per subject fee is 4,000 Their is no scholar's scheme but college give fee waiver as if your family income is less than 8,00,000.

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Om Narayan Gupta
Om Narayan Gupta
4.4
Reviewed on Sep 27, 2024(Enrolled 2024)

Fees and Financial Aid:

Hostel admission fees - 250 Advanced dining charges - 19635 Establishment - A Charges - 6000 Establishment - B Charges - 1500 Gymkhana fee (extra curricular activities) - 1500 Institute fees - 100000 Currently not applied for any scholarship

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Souhardya Saha
Souhardya Saha
4.0Helpful
Reviewed on Sep 27, 2024(Enrolled 2022)

Fees and Financial Aid:

For students with categories like sc/st/EWS, the institute fees are near about 35000, and the hostel fees are 11500. Which total summed up to near about 47000. General category students have a total fee of around 1L30k (not completely sure). All these fees I have written are on a per-semester basis. There are many other scholarships for girl children or merit-based and family income-based.

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Nitin Faldoliya
Nitin Faldoliya
3.3Helpful
Reviewed on Sep 24, 2024(Enrolled 2024)

Fees and Financial Aid:

My annual fee range from 48000 to 75000 yearly, 32000 for foundation, approx 60000 for deploma and same for degree. There is 3000 registration fees. Whole fee is tution fee as it is online degree. SC/ST get 50% waiver

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Anonymous
4.4Helpful
Reviewed on Sep 24, 2024(Enrolled 2020)

Fees and Financial Aid:

Year wise fee i paid - 100000 Tuition fee,- 50000 Caution fee, lab fee-0 Fees of my other batch mates- 200000 Scholarship - NSP- 50000 every year And there are several other scholarsip like reliance scholarship provided to 1st year ugs

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Abhijith TS
3.8Helpful
Reviewed on Sep 22, 2024(Enrolled 2024)

Fees and Financial Aid:

To join we have pass a entrance exam with an registration fee of rupees 6000. If failed have a reattempt fee of rupees 2000. Course fee is based on the sub courses we select. I have a fee waiver of 50% because of obc non creamy layer.

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sai koushik
4.0
Reviewed on Sep 21, 2024(Enrolled 2023)

Fees and Financial Aid:

1st year : 40k for hostel for 1st sem, 40k for hostel in the second sem , for 3rd sem same 40k. The tution fees in the first sem was around 12500 , second sem it was 6000 change for third sem it was 5000 . A whole of 90k per year for reservation candidates and 1 lakh 80 for general candidates.

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IIT Madras: 1 Answered Question

What are the different types of IIT Madras scholarships?

Sushant SinghStudies at IIT Madras

IIT Madras offers scholarships to its students with exceptional merits and students from underprivileged backgrounds. The scholarship at IIT Madras depends on the quotas determined by the institution. The students receiving scholarships get significant reductions in their fees making it affordable for them to pursue education. Some of the types of scholarships are listed below, you can find more details on the official website of IIT Madras.

Scholarship Eligibility Criteria Amount of Scholarship
Institute Merit-cum-Means Scholarship Family income of not more than INR ,50,000 67% of the fees are exempted. 25% of the students can avail this. Renewal is done only for students having a minimum of 5 GPA every semester.
Institute free studentship Family income of not more than INR 4,50,000 67% of the fees are exempted. 25% of the students can avail this. Renewal is done only for students having a minimum of 5 GPA every semester.
Institute Notional Prize Family income of not more than INR 4,50,000 and based on student’s ranking in JEE Only 7% of the students receive this scholarship. The one-time grant is INR 1000.
Institute SC/ST Scholarship Family income of not more than INR 4,50,000 Free mess and pocket money of INR 250 is provided to the students over and above tuition fee exemption. Renewal is done only for students having a minimum of 5 GPA every semester.
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Comments


1 Comment
M
mansi jain
What kind of financial aid is available for Financially weaker candidates at IIT Madras?
S
Sweta Kumari

IIT Madras assist a number of scholarship programmes, including Institute Scholarships, Government Scholarships, Private Scholarships, and Fellowships for its Ph.D. students, to help students out financially. Every scholarship has specific eligibility requirements in order to be awarded. The following list includes some of the most well-known scholarship programmes provided by IIT Bombay and other Private Scholarships:

  • Institute Merit-Cum Means Scholarship
  • Institute SC/ST Scholarship
  • Girish Ready Scholarship
  • Indian Women’s Association at Bonn Scholarship
  • Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award
  • Ministry of Social Justice and Empowerment, GoI. Central Sector Scholarship For SC students
  • Ministry of Tribal Affairs , GoI. - Central Sector Scholarship For ST students
  • IIT Madras 72 batch Scholarship
  • Inspire Scholarship (Department of Science and Technology, Government of India), and various others scholarships are provided


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