On August 12, the Ministry of Education released the NIRF 2024 rankings. In the overall category, the Indian Institute of Technology (IIT) Bombay ranked 3rd. IIT Bombay also secured the 3rd spot in the engineering category, 4th in the research category, and 1st in the innovation category. Naturally, many students aspire to pursue higher education at IIT Bombay.However, gaining admission to this prestigious institute is both challenging and costly. To support students, IIT Bombay offers a variety of scholarships. Today, we will explore the scholarships available to undergraduate students at the institute.
Scholarships offered by IIT Bombay for Graduate courses
The Indian Institute of Technology (IIT) Bombay offers two scholarships for its graduate programmes. Merit-cum-Means scholarship: This scholarship is awarded to a maximum of 25% of the sanctioned Intake of undergraduate students. For Dual Degree (B Tech.+M Tech.) programme, it is available only up to the 4th year. Eligibility criteria:
Merit Criterion
Means Criterion
For new entrants of B Tech, Dual Degree (B Tech + M Tech), BS their JEE (Advanced) AIR, for B Des their UCEED Rank is the criterion in their first year. In subsequent years, the academic performance of the preceding academic year would be the criteria.
The parental income is the basis for the ‘means’ criterion of the scholarship. At present students whose parents annual gross income from all sources for the previous Financial year (eg. 1st April 2023 to 31st March 2024 for the scholarship of Academic year 2024-25) does not exceed Rs. 5,00,000/- (Rupees Five Lakhs only) are eligible to apply for Merit-cum-means Scholarship
Benefits:
Income limit
Benefits for Women Students (UG)
Benefits for Others Students (UG)
Up to Rs. 1 Lakh
Exemption from payment of Tuition fee.
Scholarship of Rs. 40,000/ per year.
Women Merit Scholarship of Rs. 10,000/ per year.
Exemption from payment of Tuition fee.
Scholarship of Rs. 40,000/ per year.
Above Rs. 1 Lakh up to 3 Lakhs
Exemption from payment of Tuition fee
Scholarship of Rs. 30,000/ per year.
Women Merit Scholarship of Rs. 10,000/ per year.
Exemption from payment of Tuition fee.
Scholarship of Rs. 30,000/ per year.
Above Rs. 3 Lakhs up to 5 Lakhs
Exemption from payment of Tuition fee.
Scholarship of 20,000/per year.
Women Merit Scholarship of Rs. 10,000/ per year.
Exemption from payment of Tuition fee.
Scholarship of Rs. 20,000/ per year.
Free Messing Facilities: Under this, all SC/ST students are exempted from the payment of tuition fees. The facilities of free messing are granted to eligible SC/ ST students of B Tech, Dual Degree (B Tech + M Tech), B S and B Des Programme. For Dual Degree (B Tech +M Tech) programme, it is available only up to 4th year. Eligibility Criteria: As per the information, students whose parental income is the basis for the ‘means’ criterion of the scholarship. At present students whose parents annual gross income from all sources for the previous Financial year (eg. 1st April 2023 to 31st March 2024 for the scholarship of Academic year 2024-25) does not exceed Rs. 5,00,000/, are eligible to apply for above facilities. Benefits:
Income limit
Benefits for Women Students (UG)
Benefits for Others Students (UG)
Upto Rs. 5 Lakh
Exemption from payment of Tuition fee.
Free messing facility (basic menu).
Pocket allowance @Rs. 500/-per month.
Exemption from payment of hostel room rent.
Women Merit Scholarship of Rs. 10,000/-per year.
Exemption from payment of Tuition fee.
Free messing facility (basic menu).
Pocket allowance @Rs. 500/-per month.
Exemption from payment of hostel room rent.
Apart from these two, the Indian Institute of Technology, Bombay, also provides and accepts private and government scholarships. For more details, students are advised to visit the official website of the Indian Institute of Technology, Bombay, or can click on this link.
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