Indian Institutes of Technology (IITs) constitute the epitome of the country’s engineering and technological education. Though these institutions open up unmatched opportunities, studies at an IIT are so expensive that most students cannot afford them. Scholarships for IIT students will be a boon for many aspiring engineers with big dreams but limited means.
If you’re wondering ‘Can we get a scholarship in IIT?’ or searching for an alternative that is especially applicable according to categories such as OBC or general, read on.
Scholarships aren’t just financial aids—they’re lifelines that empower deserving students to focus on learning, growing, and innovating. In this detailed guide, we unravel the top 10 IIT scholarships that can help alleviate financial stress, making your journey to academic success smoother and more attainable.
1. Central Sector Scholarship for College and University Students
For many students from economically weaker backgrounds, this government scholarship for IIT students provides crucial support to pursue higher education at premier institutions.
Benefits:
- ₹10,000 annually for the first three years.
- ₹20,000 for the fourth and fifth years.
Eligibility:
- Minimum 80% marks in Class 12.
- Annual family income should not exceed ₹4.5 lakh.
- Consistent academic performance at IIT is required.
2. Merit-cum-Means Scholarship
One of the most popular options for students across categories, this scholarship offers robust support for those in need.
Benefits:
- Full tuition fee waiver.
- A monthly stipend of ₹1,000.
Eligibility:
- Family income should be less than ₹5 lakh per year.
- Available for both OBC and IIT scholarship for general category students.
3. INSPIRE Scholarship
Fostering innovation, the INSPIRE Scholarship focuses on students excelling in science and technology fields. It is to encourage students to delve into research and innovation, fostering a culture of scientific curiosity and creating pathways for groundbreaking discoveries.
Benefits:
- ₹80,000 annually.
- Contingency grants for research and related projects.
Eligibility:
- Must rank in the top 1% of Class 12 board exam scorers.
- Enrolled in basic sciences or engineering programs at IIT.
4. National Scholarship for Higher Education of ST Students
Aimed at empowering Scheduled Tribe students, this government scholarship for IIT students ensures inclusivity. It provides comprehensive support for students from underprivileged communities, ensuring they receive equal opportunities to succeed.
Benefits:
- Full tuition fee waiver.
- Coverage for living expenses, books, and a one-time grant for a computer.
Eligibility:
- Family income should be under ₹6 lakh annually.
- Must belong to the ST category.
5. Scholarships for Differently-Abled Students
To ensure equal opportunities for students with disabilities, this scholarship addresses academic and financial barriers. It removes financial hurdles and promotes an inclusive learning environment where every student can thrive.
Benefits:
- Full tuition fee waiver.
- Monthly allowance for academic and personal needs.
Eligibility:
- Must have a certified disability.
- Enrolled in any IIT program..
6. COAL INDIA Limited Merit Scholarship
The Coal India Limited Scholarship in India 2024-25 was launched by the Government of India to provide undergraduate scholarships for students from India to pursue engineering or medical graduation. It is designed to assist with tuition and hostel fees, along with incidental costs.
Benefits:
- Tuition Fee waiver
- Hostel fee waiver
- Incidental expenses up to INR 10,000 covered
Eligibility:
- A rank between 1-20 in relevant board examinations
- The applicant must be a student of IIT, NIT, or any other government-owned Engineering or Medical college.
- The applicant must have scored a high rank in entrance exams like IIT or AIEEE
7. NTPC Scholarship for SC/ST/Physically Challenged Students
This initiative by NTPC supports students from underrepresented categories. It encourages diversity and inclusion in higher education, making IITs more accessible to everyone.
Benefits:
- It removes financial hurdles and promotes an inclusive learning environment where every student can thrive.
- 4,000 per year until graduation.
Eligibility:
- Available from the second year of study.
- Open to SC/ST students and those with disabilities.
8. Aditya Birla Scholarship
Aimed at exceptional students, this private scholarship emphasizes both academic and extracurricular excellence. It offers substantial financial support while recognizing all-round excellence, nurturing leaders of tomorrow.
Benefits:
- ₹1,80,000 annually.
Eligibility:
- Based on academic and leadership capabilities.
- Requires participation in an interview process.
9. Samsung Star Scholarship
For students from Jawahar Navodaya Vidyalayas (JNVs), Samsung’s initiative is a lifeline for those pursuing an IIT education. It supports students from rural backgrounds, ensuring their talents are nurtured and their dreams realized.
Benefits:
- Covers tuition fees and living expenses up to ₹2 lakh annually.
Eligibility:
- Must be a JNV alumnus.
- Currently enrolled in an IIT.
10. PM CARES for Children Scholarship
This initiative was introduced to support students who lost their parents during the COVID-19 pandemic. It addresses the unique challenges faced by students affected by the pandemic, ensuring uninterrupted education and emotional stability.
Benefits:
- Full tuition fee coverage.
- Monthly stipend for living expenses.
Eligibility:
- Must have lost one or both parents to COVID-19.
- Enrolled in an IIT program
To study at IIT is a transformative experience, and scholarships play a pivotal role in making it accessible to all. With these top 10 scholarships for IIT students, financial challenges should never hinder your academic journey. By exploring and applying for these scholarships, you’re not letting anything stand in the way of your aspirations.
FAQs on Top 10 Scholarships for IIT Students
Getting a 100% scholarship at IIT can be a tricky part but with highest ranks and performance, you may be able to achieve it.
The highest salary offer for an IIT student in 2024 is ₹4.3 crore from the global trading firm Jane Street.
IIT Madras is often regarded as offering one of the most comprehensive scholarship programs among the IITs, especially through its “Institute Free Studentship,” which can significantly reduce tuition fees for students who maintain strong academic performance. However, scholarship options and eligibility criteria can vary across different IITs, so it’s essential to review the specific details for each institution.
There is no fixed criteria, every scholarship has different criteria but it is advisable to get the highest grades possible to get the best scholarships.
