Great news was Announced by IIT Madras for the meritorious and deserving students who want to be admitted to the institute for technical courses. The IIT Madras Scholarship 2024 will contain various types of scholarship programs for students at different levels by providing financial assistance for completing their educational courses. The IIT Madras has introduced these scholarship schemes which have different eligibility criteria and benefits. Students who want to fulfill their dream of studying at IIT Madras must register under the IIT Madras Scholarship 2024.
As this scholarship scheme will be a great helping hand for economically disadvantaged students. Students who already applied for this IIT Madras Scholarship can now check the application for its renewal. More information will be available here so read this article completely and complete your registration process.
About IIT Madras
IIT Madras is an institute of India that is known for its education system at the state or international level. The name of IIT Madras stands for Indian Institute of Technology, Madras which is a dream college for most of the students who want to do engineering, basic and applied research, innovation, entrepreneurship, and industrial consultancy.
- The German government provided technical support in 1956 to help construct an engineering higher education institution in India. In 1959, the first Indo-German agreement was struck in Bonn, West Germany, for the founding of the Indian Institute of Technology in Madras. Prof. Humayun Kabir, the Union Minister for Scientific Research and Cultural Affairs, formally opened the Institute in 1959.
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The objective of IIT Madras Scholarship
The main aim of the IIT Madras Scholarship is to financially support the meritorious or needy students who want to pursue Technical courses at IIT Madras. Many students dreamt of studying in IIT Madras but because of financial crises, they are not able to do so. These IIT Madras Scholarships will help such students. As it contains various scholarship schemes introduced by the Institute for all types of students. The candidates from SC, ST community, or female candidates can apply for availing benefits. Every scholarship has its eligibility criteria and benefits. So students should apply according to fulfilling the criteria.
Key Highlights of IIT Madras Scholarship
| Launched By | IIT Madras |
| Name of Scholarship | IIT Madras Scholarship |
| Objective | To financially support the meritorious or needy students |
| Eligibility criteria | Students who score qualifying marks in JEE Advance |
| Benefits | Students will get financial Assistance |
| Type of scholarship | Various |
| Official Website | https://www.iitm.ac.in/ |
List of IIT Madras Scholarship with Eligibility Criteria
| Scholarship Name | Eligibility Criteria |
| Institute Merit-cumMeans Scholarship | Annual family income less than Rs. 4,50,000 |
| Institute free studentship | Annual family income less than Rs. 4,50,000 |
| Institute Notional Prize | On the basis of JEE marks and Annual family income less than Rs. 4,50,000 |
| Institute SC/ST Scholarship | Annual family income less than Rs. 4,50,000 |
| Girish Ready Scholarship | Sri V Ranga Raju Memorial Scholarship |
| Indian Women’s Association at Bonn Scholarship | Based on JEE marks and Annual family income less than Rs. 5,00,000 |
| Based on JEE marks and Annual family income less than Rs. 4,50,000 | Based on Merit cum Means examination with an Annual family income less than Rs. 5,00,000 |
| Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award | Based on JEE marks and Annual family income less than Rs. 5,00,000 |
| M Sankaraiah and M Saradha (Mithigiri) Scholarship | Based on the highest CGPA at the end of the fourth semester, students pursue a B.Tech or dual degree in electrical engineering. |
| Dr K Vasanth Rau Scholarship | Based on parental income up to Rs. 5.50 lakhs and JEE rank. Renewable if you have a GPA of at least 6.5. |
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Reward Details
| Scholarship Name | Eligibility Criteria |
| Institute Merit-cumMeans Scholarship | Available for 25% of students. The scholarship will be renewed for students who core GPA 5.0 in the previous examination. Tuition fee exemption of 67% |
| Institute free studentship | Available for 25% of students. The scholarship will be renewed for students who core GPA 5.0 in the previous examination. Tuition fee exemption of 67% |
| Institute Notional Prize | Available for 25% of students. The scholarship will be renewed for students who core GPA of 5.0 in the previous examination. Tuition fee exemption of 67% |
| Institute SC/ST Scholarship | A free messing and pocket allowance of Rs. 250 per month is provided, in addition to the waiver of tuition fees. Scholarships are only renewed every semester if the applicant had a minimum GPA of 5.0 the semester before. |
| Girish Ready Scholarship | Rs. 25,000/-per year, with a minimum GPA of 8 in the prior semester required for scholarship renewal in succeeding years. |
| Indian Women’s Association at Bonn Scholarship | For a period of 12 months, one B.Tech student will receive Rs. 1,250/month. |
| A one-time donation of Rs. 2,500 to a single Sl.Not a scholarship Qualifications Standards Scholarship Amount | Give one B.Tech student Rs. 500 each month for four years. Scholarship renewal is contingent upon maintaining a minimum GPA of 5.0 each semester. |
| Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award | Available for 7% of students.. One-time scholarship up to Rs. 1,000 |
| M Sankaraiah and M Saradha (Mithigiri) Scholarship | Rs. 20,000 |
| Dr K Vasanth Rau Scholarship | Rs 25,000/-a year One student for the whole time the program is being offered. |
Required Documents
- Previous year examination record
- Bank details
- Aadhar card
- Income certificate
- Domicile
- JEE record
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Selection Process
Selection of students will be done on the basis of their income criteria or academic records.
IIT Madras Scholarship Apply Online 2024
- Students first need to visit the Official Website of IIT Madras.
- The homepage will appear on your screen, here you need to click on the Academics option and select the Academic Services button.
- Now you need to click on the Scholarship and Financial assistance option.
- After that scholarship page will open on your screen.
- Here you need to enter all your required details.
- At last click on the Submit button to complete the process.
Contact Details
Indian Institute of Technology Madras
IIT P.O., Chennai 600 036
INDIA
FAQs
What is the selection criteria for the IIT Madras Scholarship?
Student selection will be done based on students’ academic criteria and income criteria.
Who can apply for the IIT Madras Scholarship?
The candidate should belong to EWS and score maximum marks in the JEE examination.
What is the benefit of applying under the IIT Madras Scholarship?
The selected students will get a scholarship amount for their pursuing courses.