Indian Institute of Technology (IIT), Madras Scholarships
IIT Madras Scholarship
Being one of the excellent technical institutions IIT Madras takes the full responsibility of the students. To encourage the meritorious students it provides different types of scholarships. IIT Madras also helps financially disabled students with selective scholarship amounts and fee waiver. There are also some special scholarship schemes for SC, ST and female students. IIT Madras offers its students a total of eleven scholarships along with fifteen other reward schemes.
Institute Merit-cum-Means Scholarship: Eligible candidates include students with parents having an annual income less than or equal to Rs.4,50,000. It is available for only 25% of applied candidates. To renew a scholarship every semester the student needs to have a minimum GPA of 5.0 in the previous semester. 67% of the tuition fee is deducted from the initial amount.
Institute National Prize: Candidates are selected on the basis of their rank in JEE and annual income of parents not being more than Rs.4,50,000. It is available to 7% of the admitted students who are given a one-time scholarship reward of Rs.1000.
Institute SC/ST Scholarship: The candidate’s parents’ annual income should not be more than Rs.4,50,000. Selected students are provided free messing, an amount of Rs.250 per month and tuition fee exemption. To renew a scholarship every semester the student needs to have a minimum GPA of 5.0. in the previous semester.
Indian Women’s Association at Bonn Scholarship: Students are chosen on the basis of their rank in JEE and parents annual income needs to be less than or equal to 5 lakhs. The amount of this scholarship is Rs.1,250 per month and is given to one B.Tech student only for a period of 12 months.
M Sankaraiah and M Saradha (Mathigiri) Scholarship: This scholarship is awarded to the students of B.Tech / Dual Degree in Electrical Engineering on the basis of the highest CGPA score at the end of 4th semester. It is a one-time payment of Rs 20,000.