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There are thousands of students who want to carry out a higher course of studies in their IIT stream after getting the scholarship amounts. The students can undertake or fulfill their such dreams after applying online under the IIT Bombay Scholarship. Both UG and PG degrees will be considered eligible for applying. There are around 15 to 16 scholarships that have been launched for the students.
Today through this article we will provide you with all types of information about the IIT Bombay Scholarship 2023 like Purpose, Eligibility Criteria, Benefits, Features and important Documents etc. Apart from this, we will share with you the process of applying online under this scholarship. To get complete information about this scholarship initiative, read this article till the end.
IIT Bombay Scholarship 2023
Now the students can pursue their careers and studies in the technology fields after getting the scholarship amounts offered in the form of financial help and support offered under the IIT Bombay Scholarship. The students will need to apply for this scholarship before the last date of online form submission. Students will be selected by the Scholarship Committee delegated with the task of carrying out the selection procedure.
The Governmental Authorities have launched this scholarship for awarding the scholarship amounts to students suffering from financial risk and instabilities due to which they are not able to get paid out their fees to IIT Bombay. After the completion of their study, students will be able to become successful people in their fields. There are around 15 to 16 scholarships that have been covered in the form of subsidiary scholarship initiatives.
Highlights Of IIT Bombay Scholarship Scheme
The highlights of this scholarship are as follows: –
| Name Of The Scholarship | IIT Bombay Scholarship |
| Launched By | Indian Institute of Technology |
| Objective | To provide scholarship assistance to students pursuing technical education |
| Benefit | Students will be able to afford the college or admission fees |
| Delegated Ministry | Ministry of Electronics and Information Technology |
| Applicable To | Citizens of Bombay |
| Beneficiaries | Students |
| Beneficiary Categories | PhD Scholars M.Tech Scholars B.Tech Scholars |
| No. of Beneficiary Categories | 3 |
| Covered Scholarships | SJM School of Management Endowment Scholarship IITB Monash Scholarship SERB Forbes Marshall Scholarship Dr Gargi Vishnoi Memorial Scholarship NBHM Fellowship DBT Fellowship DST Inspire Fellowship ICMR Fellowship DAE Graduate Fellowship AERB Fellowship MERC Fellowship MPCB Fellowship Institute Merit Cum Means Scholarship UG Institute Merit Cum Means Scholarship UG Private Named Scholarship |
| No. of Covered Scholarships | 16 |
| Mode Of Transfer | DBT (Direct Benefit Transfer) |
| Payment Mechanism | e-payment mechanism |
| Form of Benefit | Scholarship amount |
| Amount of benefit | Variable Assistance |
| Scholarship Transferral | Monthly or Yearly Basis |
| Hosting Site | National Information Center (NIC) |
| Scholarship Categories | Private Phd Scholarship Private M.Tech Scholarship Government PhD Scholarship Institute Merit Cum Means Scholarship UG Institute Merit Cum Means Scholarship UG Private Named Scholarship |
| No. Of Scholarship Categories | 6 |
| Mode Of Application | Online |
| Official Website | Various |
Objectives Of IIT Bombay Scholarship
The main objective of launching the IIT Bombay Scholarship is to provide financial assistance to those students who don’t be able to carry out the burden of admission or college fees due to poverty issues for continuing their education in the Technical courses field. Scholarships will be provided to financially weaker families.
Another objective of launching the IIT Bombay Scholarship is to provide scholarships to students belonging to the various beneficiary categories such as Ph.D., M.Tech and B.Tech degrees so that they will be able to get some sort of financial help and support after getting the scholarship or fellowship amount provided to them in any one type of subsidiary scholarship initiatives.
List Of Covered Scholarships
The list of covered scholarships are as follows:-
| SJM School of Management Endowment Scholarship | IITB Monash Scholarship | SERB Fellowship | Forbes Marshall Scholarship |
| Dr Gargi Vishnoi Memorial Scholarship | NBHM Fellowship | DBT Fellowship | DST Inspire Fellowship |
| ICMR Fellowship | DAE Graduate Fellowship | AERB Fellowship | MERC Fellowship |
| MPCB Fellowship | Institute Merit Cum Means Scholarship | UG Institute Merit Cum Means Scholarship | UG Private Named Scholarship |
Subsidiary Scholarship Initiatives
The details of subsidiary scholarships are as follows:-
| Scholarship | Form of Benefit | Beneficiaries | Amount of Benefit |
| SJM School of Management Endowment Scholarship | Students carrying out Ph.D. degrees will be given the scholarship amounts | Ph.D. degree holders | Rs. 28,000/-Per Month |
| IITB Monash Scholarship | Scholarships will be provided to the students carrying out Ph.D. Degree | Ph.D. degree holders | Rs. 35,0000/- Per Month |
| SERB Fellowship | Students carrying out Ph.D. degrees will be given Fellowship amounts | Ph.D. degree holders | USD 2,000/- Per Month Contingency Allowance = USD 60,000/- |
| Forbes Marshall Scholarship | Students carrying out technical studies will be given the scholarships | Students of M.Tech degrees | Tuition Fees = Rs. 20,000/- Per Month Contingency Allowance = Rs. 15,000/- |
| Dr Gargi Vishnoi Memorial Scholarship | Scholarships will be given to students who are pursuing Ph.D. degrees | Students of M.Tech degrees | Rs. 2,000/- Per Month |
| NBHM Fellowship | Students carrying out Ph.D. degrees will be given the scholarship amounts | Ph.D. degree holders | Rs. 31,000/- Per Month Contingency Allowance = Rs. 20,000/- Per Annum |
| DBT Fellowship | Scholarships will be provided to the students carrying out Ph.D. Degree | Ph.D. degree holders | Rs. 31,000/- Per Month Contingency Allowance = Rs. 30,000/- Per Annum |
| DST Inspire Fellowship | Students carrying out Ph.D. degrees will be given the scholarship amounts | Ph.D. degree holders | Rs. 31,000/- Per Month Contingency Allowance = Rs. 20,000/- Per Annum |
| ICMR Fellowship | Financial help and support will be given to the students of post-doctoral studies | Students carrying out Ph.D. degrees | Rs. 31,000/- Per Month Contingency Allowance = Rs. 20,000/- Per Annum |
| DAE Graduate Fellowship | Scholarships will be given to the students carrying out a technical course of studies | M.Tech degree holders | Rs. 35,000/-Per Month Education Allowance = Rs. 5,000/- One time Payment Contingency Allowance = Rs. 25,000/- Book Allowance = Rs. 10,000/- |
| AERB Fellowship | Financial help and support will be given to the students of the technical course of studies | M.Tech degree holders | Rs. 35,0000/- Per Month Book Allowance = Rs. 5,000/- |
| MERC Fellowship | Scholarships will be given to the students carrying out the technical course of studies | M.Tech degree holders | Rs. 8,000/- Per Month Contingency Allowance = Rs. 15,000/- |
| MPCB Fellowship | Students will be given scholarship amounts for carrying out the technical course of studies | M.Tech degree holders | Rs. 8,000/- Per Month |
| Institute Merit Cum Means Scholarship | Students will be exempted from paying the admission or course fees | Meritorious students | Fee Reimbursement |
| UG Institute Merit Cum Means Scholarship | Women candidates will be given the scholarship amounts | Students carrying out B.Tech and M.Tech degrees | Fee Reimbursement |
| UG Private Named Scholarship | New entrants of technical studies will be given the scholarship amounts | Students of B.tech and M.tech degree | On the basis of academic performance |
Scholarship Categorization
The categorization of each scholarship are as follows:-
| Scholarship | Category |
| SJM School of Management Endowment Scholarship | Private Phd Scholarship |
| IITB Monash Scholarship | Private Phd Scholarship |
| SERB Fellowship | Private Phd Scholarship |
| Forbes Marshall Scholarship | Private M.Tech Scholarship |
| Dr Gargi Vishnoi Memorial Scholarship | Private M.Tech Scholarship |
| NBHM Fellowship | Government PhD Scholarship |
| DBT Fellowship | Government PhD Scholarship |
| DST Inspire Fellowship | Government PhD Scholarship |
| ICMR Fellowship | Government PhD Scholarship |
| DAE Graduate Fellowship | Government M.tech Scholarship |
| AERB Fellowship | Government M.tech Scholarship |
| MERC Fellowship | Government M.tech Scholarship |
| MPCB Fellowship | Government M.tech Scholarship |
| Institute Merit Cum Means Scholarship | Institute Merit Cum Means Scholarship |
| UG Institute Merit Cum Means Scholarship | UG Institute Merit Cum Means Scholarship |
| UG Private Named Scholarship | UG Private Named Scholarship |
Scholarship Wise Selection Criteria
The selection procedure for each scholarship are as follows:-
| Scholarship | Selection Criteria |
| SJM School of Management Endowment Scholarship | Institution Procedures |
| IITB Monash Scholarship | Department Selection parameters |
| SERB Fellowship | Department Selection parameters |
| Forbes Marshall Scholarship | Interview Performance |
| Dr Gargi Vishnoi Memorial Scholarship | Department Selection parameters |
| NBHM Fellowship | NBHM Selection body |
| DBT Fellowship | DBT Selection body |
| DST Inspire Fellowship | DST Selection body |
| ICMR Fellowship | ICMR Selection body |
| DAE Graduate Fellowship | Semester Marks |
| AERB Fellowship | Interview Performance |
| MERC Fellowship | Admission Procedure |
| MPCB Fellowship | Department Selection Procedure |
| Institute Merit Cum Means Scholarship | Academic Excellence |
| UG Institute Merit Cum Means Scholarship | Academic Excellence |
| UG Private Named Scholarship | Academic Excellence |
Eligible Beneficiaries
The lists of eligible beneficiaries are as follows:-
- PhD Scholars
- M.Tech Scholars
- B.Tech Scholars
List of Covered Allowances
The lists of covered allowances are as follows:-
- Maintenance Allowance
- Tuition Fees
- Contingency Allowance
- Book Allowance
- Journey Fare
List Of Offered Courses
The list of offered courses are as follows:-
- Biological Engineering
- Civil Engineering
- Chemical Engineering
- Computer Science and Engineering
- Electrical Engineering
- Mechanical Engineering
- Materials Engineering
INSPIRE Scholarship Offered Subjects
The lists of offered subjects are as follows:-
| Physics | Chemistry | Mathematics |
| Biology | Statistics | Geology |
| Astrophysics | Astronomy | Electronics |
| Botany | Zoology | Biochemistry |
| Anthropology | Microbiology | Geophysics |
| Geochemistry | Atmospheric Sciences | Oceanic Sciences |
| Ecology | Marine Biology | Genetics |
| Bio Physics |
Terms & Conditions
Some of the terms and conditions that will be issued are as follows:-
- The scholarship amount varies based on the type of scholarship and the student’s demonstrated financial need.
- Scholarships are usually awarded for a specific duration and are subject to renewal based on satisfactory academic performance.
- Recipients are expected to maintain a minimum academic standard to continue availing the scholarship.
- Students receiving other scholarships or financial assistance may need to inform the institute to prevent any discrepancies.
- The scholarship amount is disbursed directly to the student’s bank account on a regular basis.
Benefits Of IIT Bombay Scholarship
The benefits of this scholarship are as follows:-
- Students will be able to explore their interests in common and particular subjects after getting a scholarship under the IIT Bombay Scholarship.
- Students who have secured 70% to 80% marks in the previous year’s examination will be given priority first.
- Both Ph.D. and B.Tech or M.Tech scholars will be able to get the scholarship amounts.
- The pocket allowance will also be awarded to students every month.
- The students will also be given the book allowance on the monthly basis.
- Students who are not able to afford admission or college fees will be able to afford them with the help of scholarship assistance provided to them.
- Students can get admission to any one of the choices of technical courses.
- Scholarships will be provided on a monthly or semester basis to the beneficiary of the IIT Bombay Scholarship.
- There are around 16 scholarships that will be offered to the students for carrying out.
- Students securing good marks or performance in the interview performance will be given the scholarship amounts first.
Features Of IIT Bombay Scholarship
The features of this scholarship are as follows:-
- IIT Bombay Scholarship has been launched by the Indian Institute of Technology.
- This scholarship will only be provided to such students who are pursuing Technical courses in their BA or MA degree.
- The merit performance of the student in this examination will examine their success rate in the technical education field.
- 100% fee reimbursement will be provided to the talented and meritorious students.
- The scholarship amount provided to the students will cover the major allowances.
- A contingency allowance will also be given to the students on the monthly basis.
- The annual income of the student should not exceed Rs. 4 lakhs.
- For getting more information regarding the IIT Bombay Scholarship, the applicant will need to visit the official website.
- This is mandatory for the students or applicants for carrying out the selection procedure by going through the selection parameters.
- For getting more information, the student will need to keep waiting for the launch of the official website.
Eligibility Criteria
The applicants will need to possess the mentioned-below points for getting online registration under IIT Bombay Scholarship:-
| Scholarship | Eligibility Criteria |
| SJM School of Management Endowment Scholarship | The student must be an Indian carrying out Ph.D. degree from a recognized college or university. |
| IITB Monash Scholarship | The student must be carrying out studies at the IITB Monash Research Academy. |
| SERB | The student must be falling under the age group of 35 years and he or she must be undertaking a Ph.D. degree. |
| Forbes Marshall Scholarship | The student must be undertaking an M.tech degree. |
| Dr Gargi Vishnoi Memorial Scholarship | The student must be pursuing an M.tech degree in Biosciences and bioengineering subject. |
| NBHM Fellowship | This fellowship will be provided to the students carrying out Ph.D. degrees. |
| DBT Fellowship | The student must be undertaking Ph.D. degrees. |
| DST Inspire Fellowship | This fellowship will be provided to the students carrying out Ph.D. degrees. |
| ICMR Fellowship | The student must be undertaking Ph.D. degrees. |
| DAE Graduate Fellowship | The student must be pursuing an M.Tech degree in the Nuclear Research field. |
| AERB Fellowship | This fellowship will be applicable to students carrying out an M.tech degrees in the Atomic Energy field. |
| MERC Fellowship | The student must be carrying out M.tech degrees. |
| MPCB Fellowship | The student must be carrying out M.tech degrees. |
| Institute Merit Cum Means Scholarship | The student will need to secure academic excellence or performance and he or she must attain an annual parental income of Rs. 5 lakhs. |
| UG Institute Merit Cum Means Scholarship | The student must be undertaking B.Tech or M.tech degree while having an annual income of Rs. 5 lakhs. |
| UG Private Named Scholarship | Both M.tech and B.tech degree students will be given the participation and their annual parental income must not exceed to Rs. 5,00,000/-. |
Important Documents
Some of the important documents to apply online under this scholarship are as follows:-
- Aadhar Card
- DOB certificate
- Annual Income Certificate
- Latest Passport Size Photograph
- PAN Card photocopy
- Bank accounts details
- Educational Certificates
- Fee Receipt
- Active Mobile number for receiving OTPs
- Working Email Id for future reference
Process To Apply Online Under IIT Bombay Scholarship
The applicants will need to click on the mentioned below links for applying online under this scholarship:-
| Scholarship | Link Provided |
| SJM School of Management Endowment Scholarship | Click Here |
| IITB Monash Scholarship | Click Here |
| SERB | Click Here |
| Forbes Marshall Scholarship | Click Here |
| Dr Gargi Vishnoi Memorial Scholarship | Click Here |
| NBHM Fellowship | Click Here |
| DBT Fellowship | Click Here |
| DST Inspire Fellowship | Click Here |
| ICMR Fellowship | Click Here |
| DAE Graduate Fellowship | Click Here |
| AERB Fellowship | Click Here |
| MERC Fellowship | Click Here |
| MPCB Fellowship | Click Here |
| Institute Merit Cum Means Scholarship | Click Here |
| UG Institute Merit Cum Means Scholarship | Click Here |
| UG Private Named Scholarship | Will be updated soon |