IIT Madras assist a number of scholarship programmes, including Institute Scholarships, Government Scholarships, Private Scholarships, and Fellowships for its Ph.D. students, to help students out financially. Every scholarship has specific eligibility requirements in order to be awarded. The following list includes some of the most well-known scholarship programmes provided by IIT Bombay and other Private Scholarships.

Institute’s Scholarship:

The table below lists a few of the well-known scholarships the institute offers along with a description of each.

Name of the Scholarship Eligibility Criteria Award Scholarship
Institute Merit-Cum Means Scholarship Family annual income should not exceed INR 4.5 Lakhs 67% tuition exemption. Available for only 25% of students admitted. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Institute Free studentship Family annual income should not exceed INR 4.5 lakhs 67% tuition exemption. Available for only 25% of students admitted. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Institute National Prize Based on JEE rank and parents' monthly income not exceeding INR 4.5 Lakhs 7% of accepted students are eligible. One-time donation of INR 1000
Institute SC/ST Scholarship Family annual income should not exceed INR 4.5 Lakhs Free messing and pocket allowance of INR 250 per month, over and above tuition fee exemption. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Girish Ready Scholarship 2 Scholarships on the basis of highest JEE rank and annual family income not exceeding INR 5 lakhs and 1 Scholarship on the basis of best all-round performance in the previous school years and annual family income not exceeding INR 5 lakhs INR 25,000 every year. Renewal of scholarship every semester requires a minimum GPA of 8.0. in the previous semester.
Indian Women’s Association at Bonn Scholarship On the basis of the highest JEE rank and annual family income not exceeding INR 5 lakhs INR 1,250 to one B.Tech student only for 12 months.
 
Sri V Ranga Raju Memorial scholarship On the basis of Merit cum Means and annual family income not exceeding INR 5 lakhs INR 500 to one B.Tech student only for 4 years. Renewal of scholarship every semester requires a minimum GPA of 5.0. in the previous semester.
Kanchi Kamakoti Jagadguru Sri Chandrasekharendra Saraswathi Endowment Award On the basis of Merit cum Means and annual family income not exceeding INR 5.5 lakhs One-time payment of INR 2500.
M Sankaraiah and M Saradha (Mithigiri) Scholarship On the basis of highest CGPA at the end of 4th semester of students of the B.Tech / Dual Degree Electrical Engineering One-time payment of INR 20,000
Dr K Vasanth Rau Scholarship On the basis of the highest JEE rank and annual family income not exceeding INR 5.5 lakhs. Renewal is based on a GPA of 6.5 and above INR 25,000 per annum to one student

Other Scholarships:

Other scholarships at IIT Madras are listed here, along with their specifics, in addition to the ones that the institution itself offers.

Scholarship Eligibility Criteria Amount of Scholarship
Ministry of Social Justice and Empowerment, GoI. Central Sector Scholarship For SC students Top 10 students based on JEE rank and parental income not exceeding INR 4.5 Lakhs (only students of B.Tech, MBA & Dual Degree students are eligible) Personal PC of INR 45,000 (one time); Living Expenses INR 2,200 per month; Books and Stationery INR 3,000 per annum; Reimbursement of Fees.
Ministry of Tribal Affairs , GoI. - Central Sector Scholarship For ST students Top 5 students based on JEE rank and parental income not exceeding INR 6 Lakhs (only students of B.Tech, MBA & Dual Degree students are eligible) Personal PC Rs.45,000/- (one time); Living Expenses Rs.2,200/- per month; Books and Stationery Rs.3,000/- per annum; Reimbursement of Fees. Renewable subject to passing of the final examination of each year.
Ministry of Minority Affairs, GoI Meritcum-Means Scholarship Students from minority groups like Muslims, Christians, Sikhs, Buddhists, and Parsis who have parents whose annual income does not exceed INR 2.5 Lakhs are eligible. Maintenance Expenses @ Rs.10,000/- per annum for hostellers and for dayscholars Rs.5,000/- Reimbursement of course fee of Rs.20,000/- or the actual fees whichever is less. The scholarship amount will be sanctioned by the State Govt. 30% of the scholarship are reserved for girl students. Renewable subject to passing of the final examination of each year.
MHRD scholarship for single Girl child As per GoI norms INR 40,000/- per year
Pratibha Scholarship of Govt. of Andhra Pradesh Open to B.Tech students. They should be native of the State of Andhra Pradesh and secured a minimum of first class with 60% marks in Intermediate / XII class or its equivalent with annual parental income not exceeding 1 Lakh INR 20,000/- per annum and renewable every year. Students should apply directly to AP Govt.
Aditya Birla Scholarship The selection will be made by the Aditya Birla Group among the top 20 students in JEE Rank. INR 60,000 per annum
 
Inlakhs Scholarship Academic performance (CGPA of 9.0 & above) at the end of 2nd semester Selection by a Committee (One scholarship) INR 25,000/- per semester for a period of four years.
 
ST Engineering Scholarships Offered to two BTech Students of II, III & IV Year, Amongst top 10% students of AE, CS, ME. INR 80,000/- per annum
OPJEMS Selection among top 20 based on JEE rank. Higher semesters based on CGPA among top 20. INR 80,000 per annum
Shipping Corporation of India Scholarship For all SC / ST / BPL students of BTech Naval Architecture INR 48,000/- per annum or full tuition fee / hostel charges
TODAI Scholarship Offered to two BTech Students of I, II, III & IV year amongst AE, EE, ME to excellent students.  2 Lakhs Japanese yen per year
Nissan Scholarship Offered to two B.Tech / Dual Degree Students III & IV year INR 70,000/- per annum
DAE, DGFS Scholarship by DRDO B.Tech Aerospace students Minimum CGPA of 7.0 Based on JEE Rank INR 5,000 per month for 4 years. One time book allowance of INR 10,000/-.
IIT Madras 72 batch Scholarship Trust is providing interest free Educational loan to B.Tech students. INR 25,000/- per year
Inspire Scholarship (Department of Science and Technology, Government of India) All Students admitted to Dual Degree (B.S & M.S) – for 5 years INR 80,000/- per annum per student
SSAN Ananya Educational trust Academic performance will be reviewed on periodic basis. Each beneficiary should ensure meeting basic minimum performance criteria (to be established later) to enable to continue the benefit of financial assistance of the Trust. Interest free Educational Loans

FAQs

Ques. Does IIT Madras offer a scholarship?

Ans. Yes, IIT Madras provides several scholarships to eligible students to support their education. Some of them include SC/ST Scholarship, Inspire Scholarship, MCM Scholarship, National Scholarship, and many more.

Ques. How can I get a scholarship at IIT Madras?

Ans. To get a scholarship at IIT Madras, you need to meet the eligibility criteria for the scholarship and follow the application process.

Ques. What are the basic requirements for the Merit Cum Means Scholarship at IIT Madras?

Ans. The Institute Merit-cum-Means Scholarship at IIT Madras is awarded to students from economically weaker sections of society who have secured good academic grades. 

Ques.. Is it required to appear for the interview to get a scholarship at IIT Madras? 

Ans. The requirements for obtaining a scholarship at IIT Madras may vary depending on the specific scholarship program. However, in general, it is possible that an interview may be required as part of the selection process for some scholarship programs at IIT Madras.

Ques.. Does an outside scholarship of IIT Madras require a specific academic qualification? 

Ans. Yes, outside scholarships for IIT Madras may have specific academic qualifications that applicants must meet in order to be considered. The specific qualifications may vary depending on the scholarship program, so it's important to carefully review the eligibility criteria for each scholarship you are interested in.