IIT Madras Scholarship 2024

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Maimil Maiti Maimil Maiti | Sep 10, 2024
Maimil Maiti
Maimil Maiti

Updated on - Sep 10, 2024

Latest Updates for IIT Madras

  • 27 September 2024 :

    GATE registration 2025 has been extended until Oct 03, 2024 without a late fee

  • 03 September 2024 :

    IIT JAM Application Form 2025 is out. Last date to fill out the form is Oct 11, 2024.

  • 02 September 2024 :

    IIT JAM 2025 exam is scheduled to be conducted on Feb 2, 2025.

  • 13 July 2024 :

    GATE 2025 exam date has been scheduled for Feb 1, 2, 15, and 16, 2025.

The IIT Madras Scholarship 2024 will be awarded to students so that they can pursue their academic careers without any financial hurdles. IITM also provides 100% scholarships to eligible students in their respective courses.

The Indian Institute of Technology Madras scholarships are based on merit, socio-economic conditions and other financial needs. More details regarding the IITM scholarships offered are mentioned below.

Table of Contents

IIT Madras Merit Scholarships

IIT Madras recognises the talent of its students and rewards them accordingly by offering various merit scholarships. Students are encouraged to pursue sports alongside their academics. The details of the IITM scholarships are listed in the table below.

Scholarship Name Scholarship Eligibility Criteria Availability Scholarships Details
IIT Madras Merit-cum Means Scholarship Family income not more than INR 4.5 LPA 25% of students admitted 67% Tuition Fee Waiver
IIT Madras National Prize JEE rank and Family income not more than INR 4.5 LPA 7% of students admitted INR 1000
Girish Ready Scholarship Highest JEE rank and Family income not more than INR 5 LPA 1 Student INR 25,000
Girish Ready Scholarship Top all rounder performance in 10+2 and Family income not more than INR 5 LPA 1 Student INR 25,000
Indian Women's Association at Bonn Scholarship JEE rank and Family income not more than INR 5 LPA 1 B.Tech Girl Student INR 1250 per month for 12 months
Sri V Ranga Raju Memorial scholarship Merit and Family income not more than INR 5 LPA 1 B.Tech Student INR 500 per month for 4 years
Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award Merit and Family income not more than INR 5.5 LPA 1 Student INR 2500
M Sankaraiah and M Saradha (Mithigiri) Scholarship Highest CGPA in 4th Sem in B.Tech / Dual Degree course 1 Student INR 20,000
Dr K Vasanth Rau Scholarship JEE Rank and Family income not more than INR 5.5 LPA 1 Student INR 25,000
Pratibha Scholarship of Government of Andhra Pradesh 60% or above in 10+2 and Family income not more than INR 1 LPA B.Tech course Students who are native to Andhra Pradesh INR 20,000 per annum

IIT Madras Trust Scholarships

In addition to merit scholarships, IIT Chennai also offers financial aids that are authorised by the Trust and alumni. More details of these IIT Madras scholarships are tabulated below.

Scholarship Name Scholarship Eligibility Criteria Availability Scholarships Details
IIT Madras Scholarship by 72’ Batch B.Tech Students All Interest Free Educational Loans / INR 25,000 per annum
SSAN Ananya Educational Trust Merit All Interest Free Educational Loans

IIT Madras Socio-Economic Scholarships

IIT Madras scholarships are awarded to deserving students from economically disadvantaged backgrounds to provide equal access to quality education. The IITM scholarship is also offered in the form of financial aid to all categories of students.

The scholarship eligibility criteria and other details are elucidated in the table below.

Scholarship Name Scholarship Eligibility Criteria Availability Scholarships Details
IIT Madras Free Studentship Family income not more than INR 4.5 LPA 25% of students admitted 67% Tuition Fee Waiver
IIT Madras SC/ST Scholarship Family income not more than INR 4.5 LPA All SC/ST Students 100% Tuition Fee Waiver + Free Mess + INR 250 per month
Ministry of Social Justice and Empowerment- Government of India Central Sector Scholarship For SC students Top 10 JEE ranks and Family income not more than INR 4.5 LPA B.Tech, MBA and Dual Degree Students INR 45,000 (for PC) + INR 2200 per month for living + INR 3000 per annum for books + Reimbursement of Fees
Ministry of Tribal Affairs, Government of India- Central Sector Scholarship For ST students Top 5 JEE ranks and Family income not more than INR 6 LPA B.Tech, MBA and Dual Degree Students INR 45,000 (for PC) + INR 2200 per month for living + INR 3000 per annum for books + Reimbursement of Fees
Ministry of Minority Affairs, Government of India- Meritcum Means Scholarship Family income not more than INR 2.5 LPA Muslim, Christian, Sikh, Buddhist and Parsi community students (30% Reserved for Girls) INR 5000 - 10,000 per annum for Maintenance + INR 20,000 or actual fee reimbursement (whichever is less)
MHRD Scholarship for Single Girl child As per Government of India criteria - INR 40,000 per year
ST Engineering Scholarship Top 10% students from Aerospace, Computer Science and Mechanical Engineering 2 B.Tech students of 2nd, 3rd and 4th Year INR 80,000 per annum
Inspire Scholarship (Department of Science and Technology, Government of India) Dual Degree Courses All Students admitted INR 80,000 per annum per student

IIT Madras Corporate Scholarships

Corporate giants like Aditya Birla Group or Nissan award the IIT Chennai students for their academic performance and merit. Some of the other corporate IIT Madras scholarships offered are elaborated in the table below.

Scholarship Name Scholarship Eligibility Criteria Availability Scholarships Details
Aditya Birla Scholarship Top JEE Rank Top 20 Students INR 60,000 per annum
IIT Madras Inlaks Scholarship CGPA of 9 or above in 2nd Semester 1 Student INR 25,000 per semester for 4 Years
OPJEMS Top JEE Rank Top 20 B.Tech Students INR 65,000 per annum
Shipping Corporation of India Scholarship SC / ST / BPL students of B.Tech Naval Architecture - INR 48,000 per annum or Tuition/Hostel Fees (whichever is less)
TODAI Scholarship Top students from Aerospace, Electrical and Mechanical Engineering 2 B.Tech students of 2nd, 3rd and 4th Year 2 LPA in Japanese Yen
Nissan Scholarship 3rd and 4th Year B.Tech / Dual Degree students 2 Students INR 70,000 per annum
DAE, DGFS Scholarship by DRDO JEE Rank + Aerospace Engineering Student with CGPA of 7 or above - INR 5000 per annum for 4 years + INR 10,000 for books (one time)

IIT Madras Scholarship Renewal Guidelines

The IIT Madras Scholarship 2024 will be awarded to various students based on the eligibility criteria. The details of the renewal guidelines are listed below.

  • Students must maintain a minimum CGPA of 5 to 8, depending on the respective scholarship criteria in each semester, with no supplementary/repeat examinations.
  • The students must maintain 75% or above attendance in all subjects and cumulative.
  • No disciplinary action should be initiated/sanctioned against the selected student, including no acts of unlawful behaviour.
  • The IIT Madras brand in digital, print, or social media must not be maligned, including promoting, supporting, or sharing content against the university.
  • The decision of the IIT Madras Scholarship Committee shall be final applicants and cannot be challenged.
  • Failure to follow any of the above criteria results in revocation of the scholarships.
  • Students must note that the IITM students will be eligible for only one type of scholarship/concession in a given academic semester or year. If a student is eligible for more than one scholarship, in that case, the student shall receive the highest scholarship/concession offered but not both.

FAQs on IIT Madras Scholarships

Q: Can I get a scholarship in IIT Madras?

A: Yes, IIT Madras scholarships are offered to students based on merit and socio-economic conditions. Refer to the article above for more IIT Madras scholarship 2024 details.

Q: How can I get 100% scholarship in IIT Madras?

A: Yes,  IITM provides full 100% tuition fee waivers as scholarships to eligible students in their respective courses. Refer to the article above for more IIT Madras scholarships.

Q: What is the eligibility for IIT scholarship?

A: Each IIT Madras scholarship 2024 that will be awarded have different eligibility criteria. For example, the IIT Madras Merit-cum Means Scholarship offers 67% tuition fee waiver to only 25% of the students with a family income less than INR 4.5 LPA. Refer to the article above for more IIT Madras scholarship details.

Q: What is the fee concession for IIT Madras?

A: Students with a family income less than INR 1 LPA get a full 100% tuition fee waiver. Refer to the article above for more IIT Madras scholarship 2024 details.

Q: Can students take two scholarships at IIT Madras?

A: No, students are not awarded two IIT Madras scholarships. If a student is eligible for more than one Scholarship, then only one is chosen per the student's preference.

Q: What is the free ship scholarship for IIT Madras?

A: The free ship scholarship at IIT Madras provides equal access to education to deserving students from economically disadvantaged backgrounds. Refer to the tables above for more details about the scholarship.

IIT Madras Check Fees Details

Course Name Avg Course Fees Exams Accepted
BTech ₹8,00,000 (4 Years) JEE Advanced
MBA ₹3,20,000 (2 Years) CAT
MSc ₹6,000 (2 Years) IIT JAM
MTech ₹19,744 (2 Years) -
PhD ₹10,000 (2 Years) -

IIT Madras Reviews

Overall Rating

4.3

Verified

Distribution of Rating

>4-5 star

30

>3-4 star

6

>2-3 star

0

1-2 star

0

College Infrastructure & Hostel Facilities

4.3

Academics & Faculty

4.3

Placements & Internships

4.2

Clubs & Associations

4.7

Fees & Scholarships

4.3

Verified
Aswin M Batch 2018 B.Tech [Bachelor of Technology]
4.5
Reviewed on May 18, 2018
5 Placements
3.5 Fees
4.5 Infrastructure
5 Campus

Fees & Scholarships : INR 150000 is the course fee. 

Entrance Exams & Admissions : You have to score 75% in PCM & above 300 ranks in JEE Main for getting admission in this college.

Placements & Internships : Many companies are coming for placement proc

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Kunal Ahirwar Batch 2019 B.Tech [Bachelor of Technology]
4.8
Reviewed on Apr 22, 2018
4.5 Placements
5 Fees
4.5 Academics
5 Infrastructure
5 Campus

Fees & Scholarships : Salary structure depends upon the parental income and category. Scholarship options are available for people in SC/ST Category and sufficient scholarship is available for others. There is MCM scholarship also available. For all who end up n

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Verified
Nikhil Palakurthi Batch 2021 BTech Mechanical Engineering
3.5
Reviewed on Feb 14, 2018
3.5 Placements

Placements & Internships : I am a second-year student and haven't done any internships. This year IIT Madras placements are the no placements in India and their many key companies in IT as well as course-related companies. Some of the Key companies in IT are Apple,

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Mosikeeran Selvan Batch 2019 B.Tech [Bachelor of Technology]
4.3
Reviewed on Feb 14, 2018
4 Placements
4.5 Fees
4.5 Campus

Fees & Scholarships : B.Tech + M.Tech Tuition fees at IIT Chennai presently 66000 per year of your income is less than 4 lakh per annum (or 5 I don't know). And it is 2 lakh per annum otherwise. There are sc, St scholarship and MCM scholarship which many studen

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Arvind Narayanan Batch 2016 BTech Mechanical Engineering
3.9
Reviewed on Jan 17, 2018
3.5 Placements
3.5 Fees
3.5 Academics
4.5 Infrastructure
4.5 Campus

Fees & Scholarships : B.Tech course fee at IIT Madras is INR 1 lakh per annum. There are a number of scholarship options available for students with the special scholarship granted by the government to students from SC/ST and OBC cat

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