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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Lovejot Singh
Lovejot Singh
4.7Helpful
Reviewed on Jan 13, 2025(Enrolled 2024)

Fees and Financial Aid:

The fees for this course vary according to the category and family income.It is different for SC, different for general, different for ST and the fee is reduced according to the family income. In this course, the fees are for the subjects and not for the whole year. Your fees will be based on the number of subjects you take.The fee for one subject is ?8000 and if you are from the general category then your fee will be 8000 and If you are from SC/ST category then you will get a reduction in your fees. For SC category, up to 50% of your fees can be waived.This means you will have to pay Rs 4000 for one subject even if your family income is low So your fees can be reduced further. This will take you the whole course in 3.5 lakhs. If you get a free waiver, you may have to pay up to 50% less money. It is a very good thing that its fees are reasonable so that even middle class students can get good education from IIT Madras.

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Omprakash
Omprakash
5.0Helpful
Reviewed on Jan 4, 2025(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

Rajistration fees is RS 3000 one time payment and the college fees varies from first year to fourth year. first year fees is RS 33000 and upto fourth year it is RS 351000 there are 75% fees wavier are also applicable for eligible students whos income is less then 5lakh, and OBC or SC/ST category. bus fees, lab fees etc is not applicable as the degree is remote degree and comes under digital education. The course is too much affordable to me because I am eligible for fee wavier.

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Review Ninja
4.0Helpful
Reviewed on Jan 3, 2025(Enrolled 2020)

Student Snaps:

Fees and Financial Aid:

Total fees structure is 24000 for one year we can pay the amount semester wise for 1 St semester 131500 and second semester 110500 and rest of the three years will be 221000 for each semester Tution fees is 100000 for each semester For scholarship eligibility criteria isFamily 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

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Review Ninja
5.0
Reviewed on Dec 31, 2024(Enrolled 2024)

Student Snaps:

Fees and Financial Aid:

The years fees is of Rs. 300000, 2 lac for hostel and security amount is Rs. 500000. I am general category so don't have discount. The 80 % students are general category having full fees. Other cast fees having 70% decreased. Because they have reserved.

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College Ninja
3.9Helpful
Reviewed on Dec 27, 2024(Enrolled 2023)

Fees and Financial Aid:

This course is designed in 5 levels each having different fee structure. 1st level that is foundation level has fees of total 32000 rupees, 2 diplomas cost around rupees 125000, BSc around 150000 and with BS degree overall, total fees becomes around 350000. Reservations have fess benifits, 50% for OBC NCL and SC/ST and 75% if annual income is less than 1lpa. So total fees for this entire program is 3.5 lakh and you have to pay it as per your level.

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College Ninja
4.0
Reviewed on Dec 24, 2024(Enrolled 2022)

Fees and Financial Aid:

I have very particular keen intrest in aerospace which had driven me to choose this course for my undergrad 1:10 which is one of the best in the entire Bharat country, being a NIRF rank 1 college. The faculty here are super highly qualifies, and their teaching methods are highly interactive, student-friendly, and knowledge through doubts. The term exams here are almost 1-1 & half months. And they were quite moderate to people who do a regular and decent study. These exams actually test student' ability to think and their application mentality, rather than rote learning and marks mentality.

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Review Ranger
3.9Helpful
Reviewed on Dec 23, 2024(Enrolled 2024)

Fees and Financial Aid:

The iit madras bs degree in data science follows a pay-per-course model , with total fees ranging from 200000 to 300000 based on the pace of completion and category. Foundation level courses cost 4000 - 12000 per couse, while deploma and degree level course range from 10000- 20000 per course. Additional chrges include a one-time registraiton free of 1000, and exam fee of 1000 per couse and a refundable caution deposit of 2000. Scholarships like merit-cum-means (up to 75% reduction) make the program affordable for eligible students. The program's fee structure is affordable and inclusive ,with no other hidden costs or significant annual increases.

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College Ninja
3.6Helpful
Reviewed on Dec 19, 2024(Enrolled 2024)

Fees and Financial Aid:

For general/ OBC, the yearwise fees including tuition fees is like 3 lakhs While for SC/ST, the yearwise fees is like 1 lakhs Tuition fees : 8 lakhs for 4 years One time fees: 21000 (caution money, student welfare fund etc)

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Pankaj Kumar
Pankaj Kumar
5.0
Reviewed on Dec 9, 2024(Enrolled 2024)

Fees and Financial Aid:

This Student Handbook is intended to provide IIT Madras BS Degree students with the information and policies they should be aware of, which may help them make the most of the opportunities offered in this programme. It also gives you formal notification and explanation of the programme’s regulations, policies and procedures. It is essential, and your responsibility, to read it and familiarize yourself with the content. It should be kept handy and referred to during your time with us. This handbook may be revised time and again. While this student handbook was prepared on the basis of the best information available at the time of publication, all information, including policies and procedures are subject to change without notice or obligation. All rules and regulations in this document are approved by our committee. As changes keep getting approved, we will update them here. We hope that your time as a student in this programme is successful and enjoyable

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Vaibhav Mishra
Vaibhav Mishra
5.0Helpful
Reviewed on Nov 22, 2024(Enrolled 2024)

Fees and Financial Aid:

THE FEES AT IIT MADRAS FOR WHOLE GRADUTION OF 4 YEARS IS AROUND 12 LAKHS.TGE SCHOLARSHIPS VARIES FOR STUDENTS BASED ON THEIER ANUAL INCOME BELOW 1 LAKHS-100% WAVIER ON TUTION FEE 1-5 LAKHS - 50% WAVIER ON TUTION FEES SC/ST -100% WAVIER ON TUTION FEE

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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


Found 1 Comment

M
mansi jain
Mar 20, 2024 11:08
What kind of financial aid is available for Financially weaker candidates at IIT Madras?
S
Sweta Kumari
Apr 30, 2024 13:52

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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