IIT Madras Scholarship 2024: Apply Online, Eligibility & Amount

IIT Madras Scholarship 2023 Benefits & Features | IIT Madras Scholarship Check Amount & Last Date | Check Duration & Annual Income Limit | IIT Madras Scholarship Check Eligibility & All Details |

Under the IIT Madras Scholarship, about 10 subsidiary scholarships have been established. This allows students pursuing technical or B.Tech programs at this institute to gain or get the scholarship amounts by enrolling in any of the available scholarship plans, which are tailored to their individual needs. The necessary GPA must be attained by the students.

Today through this article we will provide you with all types of information about the IIT Madras Scholarship 2024 like objectives, eligibility criteria, benefits, features and important documents, etc. Apart from this, we will share with you the process of applying online for this scholarship. To get complete information about this scholarship initiative, read this article till the end.

IIT Madras Scholarship

Financial assistance and support will be provided for students of the Indian Institute of Technology, Madras based on merit and financial need, particularly for those belonging to reserved categories such as SC and ST. Students must register online for the IIT Madras Scholarship to be considered for support. A selection of 10 scholarships will be made available to eligible students.

The aim of the IIT Madras Scholarship is to address financial challenges faced by students pursuing technical courses at the institute. Scholarships will be awarded on an annual, one-time, or monthly basis, depending on the specific circumstances of each student. The students can apply online before the last date before checking the last date of application enrollment.

IIT Madras Scholarship: Apply Online, Eligibility & Amount

Highlights Of  IIT Madras Scholarship 2024

The highlights of this scholarship are as follows:-

Name Of The Scholarship IIT Madras Scholarship
Launched ByIndian Institute of Technology, Madras
Delegated MinistryMinistry of Electronics and Information Technology
ObjectiveTo provide scholarships to the students of IIT Madras
BenefitStudents will get scholarship amounts for pursuing studies
Applicable toCitizens of India
BeneficiariesStudents
Beneficiary CategoryStudents pursuing technical courses
Annual Income LimitRs. 4,50,000/- to Rs. 5,50,000/-
Mode of TransferDBT
Payment MechanismE-Payment Mechanism
Form of BenefitScholarship Amount
Amount of BenefitVariable
Transferable TypeMonthly/Yearly/One Time Basis
Host SiteNIC (National Information Centre)
Mode of ApplicationOnline
Last Date To Apply OnlineVariable
Office AddressIndian Institute of Technology Madras
IIT P.O., Chennai 600 036
INDIA
Official Websitewww.iitm.ac.in  

Objectives Of IIT Madras Scholarship

The major objective of launching the IIT Madras Scholarship is to provide variable scholarships to students based on merit-and-need basis factors so that the students will be able to receive the scholarship amounts for continuing studies from the Indian Institute of Technology, Madras. The students belonging to underprivileged communities will get higher courses of study.

Another objective of launching the IIT Madras Scholarship is to provide a list of 10 scholarships to the students belonging to the SC, and ST communities undertaking B.Tech or Dual degree from this university which will help them to get paid their fees. This scholarship will also be provided to the students in the form of rewards and recognition.

List Of Covered Scholarships Under IIT Madras Scholarship

The lists of covered scholarships are as follows:-

  • Institute Merit-Cum-Means Scholarship
  • Institute Free Studentship
  • Institute Notional Prize
  • Institute SC/ST Scholarship
  • Girish Ready Scholarship
  • Indian Womens Association at Bonn Scholarship
  • Sri V Ranga Raju Memorial Scholarship
  • Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award
  • M Sankaraiah and M Saradha (Mithigiri) Scholarship
  • Dr. K Vasanth Rau Scholarship

Institute Merit-Cum-Means Scholarship

The Indian Institute of Technology, Madras has launched the Institute Merit-Cum-Means Scholarship to provide a 67% fee exemption or reimbursement to the students of IIT Madras. This scholarship will be provided to both meritorious students and need basis students. Scholarship renewal is possible if the student has secured a minimum GPA of 5.0.

Institute Merit-Cum-Means Scholarship Amount

Selected students will be given a 67% fee reimbursement or exemption.

Institute Merit-Cum-Means Scholarship Last Date

The last date to apply online will be updated soon.

Institute Merit-Cum-Means Scholarship Eligibility Criteria

  • The student must be a citizen of India.
  • He or she must be pursuing technical studies at the IIT Madras.
  • Both meritorious and financially backward students will be given scholarships.
  • The annual income limit must be Rs. 4,50,000/-.

Institute Free Studentship

The students will be offered a free studentship based on a merit-and-need basis. This scholarship will apply to the students of the Indian Institute of Technology, Madras. Students will be offered or given scholarship amounts in the form of tuition fee exemption. Scholarship renewal is possible if the student has secured the required GPA.

Institute Free Studentship Amount

67% Fee Exemption will be given.

Institute Free Studentship Last Date

The last date to apply online will be updated soon.

Institute Free Studentship Eligibility Criteria

  • He or she must be a citizen of India.
  • The student must be pursuing studies or courses from the IIT Madras.
  • The annual income limit of the student’s family must not exceed Rs. 4,50,000/-.
  • Securing a GPA of 5.0 in the last semester exam is mandatory to get a scholarship renewal.

Institute Notional Prize

Institute Notional Prize will be provided to the students of IIT Madras who have secured ranks in the JEE examination. This prize will be provided to the students in the form of a one-time payment or grant basis. This will be available to the 7% of the students submitted to the institute.

Institute Notional Prize Amount

The selected students will be given or offered a time grant of Rs. 1,000/-.

Institute Notional Prize Last Date

The last date to apply online will be updated soon.

Institute Notional Prize Eligibility Criteria

  • The student must be pursuing technical studies at the Indian Institute of Technology, Madras.
  • He or she must have secured ranks in the JEE exam.
  • The annual income limit must be Rs. 4,50,000/-.

Institute SC/ST Scholarship

The students belonging to the SC and ST communities will be given or offered free messing and pocket allowances offered under the Institute SC/ST Scholarship. This scholarship can be used by the students to carry out the expenses of eating food items. The scholarships will be provided to the students every month.

Institute SC/ST Scholarship Amount

Every month, free messing and a pocket allowance of Rs. 250/-.

Institute SC/ST Scholarship Last Date

The last date to apply online will be updated soon.

Institute SC/ST Scholarship Eligibility Criteria

  • The applicant must be a student of IIT Madras.
  • He or she must belong to the category or community of SC or ST.
  • The student’s annual income limit must not exceed Rs. 4,50,000/-.
  • The students will need to secure a 5.0 GPA in the last semester exam to get a scholarship renewal.

Girish Ready Scholarship

Girish Ready Scholarship has been launched by the IIT Madras for awarding scholarship amounts on an annual or yearly basis to the students who have secured the highest JEE exam rank. A total of 3 students will be given to the students. Students’ previous year’s school performance will also be taken into consideration.

Girish Ready Scholarship Amount

The students will be given a scholarship amount of Rs. 25,000/- Per Year.

Girish Ready Scholarship Last Date

The last date to apply online will be updated soon.

Girish Ready Scholarship Eligibility Criteria

  • The student must be pursuing a technical course of study from the Indian Institute of Technology, Madras.
  • The student must be an SC and ST candidate.
  • He or she must have secured the highest rank in the JEE exam.
  • The annual income limit must be Rs. 5,00,000/-.

Indian Womens Association at Bonn Scholarship

This scholarship will be provided to female students pursuing a B.Tech degree from the Indian Institute of Technology, Madras under the Indian Womens Association at Bonn Scholarship. Those students who have secured ranks in the JEE exam will be given first preference to apply. The scholarship amount will be provided for 1 year.

Indian Womens Association at Bonn Scholarship Amount

Selected students will be given a scholarship amount of Rs. 1250/- per month for 12 months.

Indian Womens Association at Bonn Scholarship Last Date

The last date to apply online will be updated soon.

Indian Womens Association at Bonn Scholarship Eligibility Criteria

  • The student must be a female student.
  • She must be pursuing B.Tech from IIT Madras.
  • She must have secured a rank in the JEE exam.
  • The annual income limit must not exceed Rs. 5 Lakhs.

Sri V Ranga Raju Memorial Scholarship

The IIT Madras has launched the Sri V Ranga Raju Memorial Scholarship will be provided to the students pursuing a B.Tech degree from this institute for 4 years. The students will be able to get the scholarship amount every month. This scholarship will be provided to the students on a merit-and-need basis.

Sri V Ranga Raju Memorial Scholarship Amount

The scholarship amount of Rs. 500/- per month will be provided to the students.

Sri V Ranga Raju Memorial Scholarship Last Date

The last date to apply online will be updated soon.

Sri V Ranga Raju Memorial Scholarship Eligibility Criteria

  • The student must belong to rural areas.
  • He or she must be a student of IIT Madras.
  • The student must be pursuing a B.Tech degree.
  • The students will need to secure a GPA of 5.0 to get a scholarship renewal after the completion of the scholarship amount.
  • The annual income limit must be Rs. 5,00,000/-.

Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award

The Indian Institute of Technology, Madras has launched the Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award so that both talented/deserving and financially backward students will be able to get or receive the scholarship amounts in the one-time payment incentive. The selection parameter will be on a merit-and-need basis. The annual income limit will be taken into consideration.

Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award Amount

One-time payment incentive of Rs. 2500/-.

Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award Last Date

The last date to apply online will be updated soon.

Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award Eligibility Criteria

  • The student must be a citizen of India.
  • He or she must be pursuing studies at the IIT Madras.
  • Both talented/deserving and financially backward students will be given scholarships.
  • The annual income limit must be Rs. 5,50,000/-.

M Sankaraiah and M Saradha (Mithigiri) Scholarship

M Sankaraiah and M Saradha (Mithigiri) Scholarship will be provided to the students based on merit performance or excellence of the student. The students will be able to receive or get a one-time incentive. This scholarship will be provided to the students pursuing a B.Tech / Dual Degree in the field of Electrical Engineering.

M Sankaraiah and M Saradha (Mithigiri) Scholarship Amount

The students will be given a one-time incentive of Rs. 20,000/-.

M Sankaraiah and M Saradha (Mithigiri) Scholarship Last Date

The last date to apply online will be updated soon.

M Sankaraiah and M Saradha (Mithigiri) Scholarship Eligibility Criteria

  • The applicant must be a student of IIT Madras.
  • He or she must be pursuing a B.Tech / Dual Degree in the field of Electrical Engineering.
  • The students will need to secure the highest CGPA in the 4th-semester exam.

Dr K Vasanth Rau Scholarship

The IIT Madras has launched the Dr K Vasanth Rau Scholarship to provide scholarships to students who have secured ranks in the JEE examination. The students will be given the scholarship amounts on an annual basis. Scholarships will be provided or granted to the students for the entire duration of the course or programme.

Dr K Vasanth Rau Scholarship Amount

The scholarship amount of Rs. 25,000/- Per Annum will be provided to the selected students.

Dr K Vasanth Rau Scholarship Last Date

The last date to apply online will be updated soon.

Dr K Vasanth Rau Scholarship Eligibility Criteria

  • The student must be an Indian citizen.
  • He or she must be pursuing the technical course of studies from the IIT Madras.
  • The student must have secured ranks in the JEE exam.
  • A CGPA of 6.5 must be maintained by the student.
  • The annual income limit must be Rs. 5,50,000/-.

Applicable Annual Income Limit

The annual income that will be applicable are as follows:-

Minimum Annual Income Limit Rs. 4 Lakhs
Maximum Annual Income Limit Rs. 5.50 Lakhs

Merit-based Scholarships

IIT Madras offers merit-based scholarships to students who have excelled in their academic performance. These scholarships are awarded based on the student’s performance in the entrance exams and their overall academic record. The scholarships provide financial assistance to cover tuition fees, accommodation, and other expenses.

Need-based Scholarships

For students who come from economically disadvantaged backgrounds, IIT Madras provides need-based scholarships. These scholarships are designed to support students who require financial assistance to pursue their education at IIT Madras. The scholarships cover various expenses, including tuition fees, hostel fees, and living expenses.

Research Scholarships

IIT Madras encourages research and innovation among its students. To promote research activities, the institute offers research scholarships to meritorious students. These scholarships provide financial support to students pursuing research projects in various fields. The scholarships cover research expenses, stipends, and other related costs.

Sports Scholarships

IIT Madras recognizes the importance of sports and encourages students to excel in sports along with academics. The institute offers sports scholarships to talented athletes who have represented the institute at national and international levels. These scholarships provide financial support to cover training expenses, coaching fees, and other related costs.

Alumni-funded Scholarships

IIT Madras has a strong network of successful alumni who contribute to the development of the institute. Many alumni generously fund scholarships to support deserving students. These scholarships are awarded based on various criteria, such as academic performance, financial need, and extracurricular achievements.

Benefits Of IIT Madras Scholarship 2024

The benefits of this scholarship are as follows:-

  • A list of 10 IIT Madras Scholarships will be provided to the students for applying online.
  • Students will be able to pursue a B.Tech or Dual Degree.
  • Both SC or ST students will be given the reservations.
  • This support can make a significant difference in the lives of students who may otherwise struggle to afford the cost of studying at IIT Madras.
  • It serves as recognition of their hard work and dedication, boosting their self-confidence and motivating them to excel further in their studies.
  • They can work alongside esteemed faculty members on cutting-edge research projects, gaining valuable experience and enhancing their knowledge in their chosen field.
  • The students will be given scholarships on a merit-and-need basis.
  • The students will be able to continue their studies without facing any financial instabilities.
  • Some scholarships provide fee reimbursement to the students.

Features Of IIT Madras Scholarship 2024

The features of this scholarship are as follows:-

  • The Indian Institute of Technology, Madras has launched the IIT Madras Scholarship.
  • There are around 10 subsidiary scholarships covered in the form of a list.
  • The students must be pursuing studies at this university.
  • Both meritorious and financially backward students will be given scholarships.
  • Students will be able to get the scholarship amounts on an annual, one-time or monthly basis.
  • The scholarships provide financial assistance to cover tuition fees, accommodation, and other expenses.
  • The scholarships cover research expenses, stipends, and other related costs.
  • The percentage of fee exemption will be 67%.
  • The last date to apply online will be updated soon.
  • For getting more information, one can visit the official website.

Important Documents

Some of the important documents needed to apply online for this scholarship are as follows:-

  • Aadhar Card or ID Proof
  • Class 12th Marksheets
  • Admission Fee Receipt
  • Annual Income Certificate
  • Bank Account Passbook
  • Latest Passport Size Photo

Process To Apply Online Under IIT Madras Scholarship 2024

As this scholarship has been recently launched no such information has been received regarding the application procedure to apply online under the IIT Madras Scholarship, as soon as any information is launched regarding the application procedure, we will update you through this article, otherwise, the applicant can visit the Official Website.

Process To Apply Online Under IIT Madras Scholarship

Getting Contact Details

The applicants will need to follow the mentioned below steps to get contact details:-

  • Visit the official website first.
  • Now you will get land on the homepage.
  • On the homepage, click on the Contact link.
Getting Contact Details
  • The contact details will be displayed on your screen.
  • Now you can check the contact details.

Contact Information

In case if you have any doubts or questions regarding IIT Madras Scholarship, then you can contact the mentioned below office address:-

  • Office Address:-
    • Indian Institute of Technology Madras
    • IIT P.O.,
    • Chennai 600 036
    • INDIA

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