SRM Institute of Science and Technology offers various scholarships primarily based on rank in the SRMJEEE exam and academic performance. Meritorious students can receive scholarships ranging from 10% to 100% of tuition fees. For instance, top 100 SRMJEEE rank holders receive significant tuition fee waivers. Additional scholarships are available for students excelling in sports, those from economically weaker sections, and specific categories like SC/ST.
In the 2014-2015 academic year, 2,173 students benefitted from scholarships totaling Rs. 23 crores, while in a subsequent year, 2,366 students received Rs. 27 crores. The institute also collaborates with banks like SBI, ICICI, and others to offer educational loans. However, it's noted that scholarships are less popular and competitive, requiring high academic performance or specific criteria.
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