IIT Madras, ranked number one in both Overall and Engineering categories in the NIRF Rankings 2024, is a prestigious institution and a beacon of opportunity for aspiring engineers. If you want to pursue your engineering degree at this esteemed institution, you might be interested in their range of scholarship programs to financially support students.
Top 10 scholarship programs offered by IIT Madras:
1. Institute Merit cum Means Scholarship
This scholarship is awarded to 25% of the students admitted. It provides a 67% exemption on tuition fees. To maintain the scholarship, students must keep a minimum GPA of 5.0. Eligibility is based on a parent’s annual income not exceeding Rs. 4,50,000.
2. Institute Free Studentship
Similar to the Merit cum Means Scholarship, this award covers 67% of the tuition fees for 25% of the students. It also requires a minimum GPA of 5.0 for renewal. Eligibility is based on a family income not exceeding Rs. 4,50,000.
3. Institute Notional Prize
Awarded to 7% of the students, this one-time grant of Rs. 1000 recognizes students based on their JEE rank and parental income not exceeding Rs. 4,50,000.
4. Institute SC/ST Scholarship
This scholarship provides free messing and a monthly pocket allowance of Rs. 250, in addition to tuition fee exemption. To qualify, students must maintain a minimum GPA of 5.0 and have parents with an annual income not exceeding Rs. 4,50,000.
5. Girish Reddy Scholarship
Offering Rs. 25,000 per year, this scholarship is awarded based on the highest JEE rank or exceptional all-around school performance. The renewal requires a GPA of 8.0, and the parents’ income should not exceed Rs. 5,00,000.
6. Indian Women’s Association at Bonn Scholarship
This scholarship provides Rs. 1,250 per month for 12 months to B.Tech students. Eligibility is determined based on JEE rank and parental income up to Rs. 5,00,000.
7. Sri V Ranga Raju Memorial Scholarship
Providing Rs. 500 per month for four years, this scholarship is available to B.Tech students based on Merit cum Means criteria. Parents’ income should not exceed Rs. 5,00,000, with preference given to students from rural areas if the MCM scores are equal.
8. Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment Award
This one-time award of Rs. 2,500 is given based on Merit cum Means, with an income ceiling of Rs. 5,50,000 for parents.
9. M Sankaraiah and M Saradha (Mithigiri) Scholarship
Offered as a one-time monetary assistance of Rs. 20,000, this scholarship is available to students of B.Tech/Dual Degree Electrical Engineering based on the highest CGPA at the end of the 4th semester.
10. Dr. K Vasanth Rau Scholarship
This scholarship provides Rs. 25,000 per annum for the entire duration of the program. It is based on JEE rank and parental income up to Rs. 5,50,000. For renewal, it requires a GPA of 6.5 or above.
For more details on these scholarships and to check if you qualify, visit the official IIT Madras website. These scholarships support your financial needs and recognize your academic and personal achievements, helping you focus on your studies and make the most of your time at IIT Madras.



