IIT Palakkad Scholarship 2026: Amount, Eligibility, Selection Criteria

Merit Cum Means Scholarship:

The Merit Cum Means Scholarship is the most popular scholarship at IITs. The Scholarship is only awarded to 25% of the students admitted.

The basic requirements for the Merit Cum Means Scholarship is an annual family income less than INR 4.5 lakhs and the renewal of scholarship every semester is subject to a minimum GPA of 5 in the passed subjects.

The award of the Merit Cum Means Scholarship is an exemption from the payment of tuition fees along with a pocket allowance of INR 1000 per month.

Free Studentship:

Unlike the Merit Cum Means Scholarship, the Free Studentship is awarded to beyond 25% of students, to the students of the institute.

In order to be eligible for the Free Studentship, a student must have an annual parental income of less than INR 4.5 lakhs.

Also for the renewal of Free Studentship every semester, a student needs to maintain a minimum GPA of 5 in the passed subjects.

As an award of Free Studentship, students will be exempted from paying the tuition fees.

Scholarship for SC/ST Students:

The SC/ST Scholarship is specifically designed for the students of SC/ST categories whose annual family income is less than INR 4.5 lakhs.

For the renewal of the SC/ST Scholarship, a student is subject to a minimum GPA of 5 in the past semester.

The SC/ST students are exempted from paying the tuition fees under this scholarship scheme as per their academic performance in the institute.

Also, the free messing (basic menu) is provided to the students along with a pocket allowance of INR 250 per month.

Scholarship for PD Students:

The Scholarship is especially for the PD students irrespective of their annual family income and academic performance.

The students are exempted from the payment of tuition fees under this scholarship scheme.

IIT Palakkad FAQs

Ques. Does IIT Palakkad provide an education loan facility?

Ans. Students enrolled at IIT Palakkad can avail the facility of education loan as the institute has signed an MOU with SBI, Kanjikode, and under Vidyalakshmi educational loan scheme.

Ques. How much financial assistance is awarded at IIT Palakkad for the PG students?

Ans. IIT Palakkad offers financial assistance in the form of Half Time Teaching Assistantship which is about INR 12,500 per month for 24 months only. The assistantship will be awarded as per the institute's rules and regulations.

Ques. Does IIT Palakkad also offer pocket allowance along with the Scholarships?

Ans. Yes, the institute also offers a sum of pocket allowance for its students to meet the expenses relating to the purchase of notebooks, books, consumables, etc.

IIT Palakkad Scholarships: Students' Opinion

AI-Generated Summary based on 74 Reviews

IIT Palakkad offers a variety of scholarships and financial assistance programs to support its students. The Merit-cum-Means (MCM) Scholarship is available to 25% of students admitted each year, covering tuition fees and providing a monthly stipend of Rs. 1000, conditional on a minimum GPA of 5 and a parental income below 4.5 lakhs per annum. For students from Scheduled Castes (SC), Scheduled Tribes (ST), and Persons with Disabilities (PWD), tuition fees are fully waived, though hostel fees remain payable.

The college collaborates with banks like SBI and Canara Bank to facilitate student loans, particularly under the Vidya Lakshmi educational loan scheme for students with parental income below 9 lakhs per annum. Additional scholarships are available for OBC students with a family income below 2.5 lakhs, and various national fellowships are provided for students with disabilities. The institute's fee structure is approximately Rs. 2,90,000 per year, inclusive of academic and hostel fees, but financial aid and scholarships significantly reduce the financial burden for eligible students.

For detailed eligibility criteria and application procedures, prospective students are encouraged to visit the college's official website.

By Collegedunia’s Personal AI

IIT Palakkad Scholarship 2026

Merit Cum Means Scholarship:

Free Studentship:

Scholarship for SC/ST Students:

Scholarship for PD Students:

IIT Palakkad FAQs

IIT Palakkad Scholarships: Students' Opinion

AI-Generated Summary based on 74 Reviews

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