Indian Institute of Technology (IIT), Bombay Scholarships
IIT Bombay Scholarships
IIT Bombay offers a Merit-cum-Means scholarship under which the chosen candidate is awarded a sum of Rs 1000 every month with exemption from paying tuition fee per semester. Only a maximum of 25% of the total number of students admitted is shortlisted for this reward scheme. For Dual degree programmes, the scholarship is provided until the 4th year only. Eligibility is based on academic merits and financial status.
Eligibility: One of the criteria for this scholarship is ‘means’ which is based solely on the candidate’s parental income. At present, candidates whose annual family income from all sources is less than Rs 4,50,000, can register for the scholarship.
Apart from this scholarship, the college also offers several other scholarships as well. Some of the popular ones include IITB Monash Scholarship, NBHM or National Board of Higher Mathematics, Forbes Marshall Scholarship.
IITB Monash Scholarship
Under this scholarship, eligible PhD students receive Rs. 31,000 per month for the first two years. For the next three years, students get Rs. 35,000 per month.
NBHM or National Board of Higher Mathematics
The National Board Higher Mathematics provides this scholarship. Only PhD students are eligible for this scholarhsip. The NBHM selects the candidates on their discretion. Students receive Contingency Grant of Rs. 20,000 per annum. Along with that, students also get Rs. 25,000 per annum as well.
Forbes Marshall Scholarship
Students under the M.Tech program are eligible for this scholarship. Forbes Marshall along with Energy Systems and Engineering Department on the basis of personal interview. They conduct the interview at the beginning of first semester. Selected students receive Rs. 20,000 per month along with reimbursement of tuition fees each semester. Along with that, students also get Contingency Grants worth Rs. 15,000.