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IIT Madras Offers Scholarships for Deserving Students

IIT Madras, a leading educational institution, offers a range of scholarships aimed at supporting deserving students from financially challenged backgrounds. These scholarships include tuition fee waivers, monthly allowances, and merit-based awards. With specific eligibility criteria, such as maintaining a minimum GPA, these programs ensure that talented students can pursue their education without financial barriers. This article provides an in-depth look at the various scholarship options available, including the Institute Free Studentship, SC/ST Scholarships, and the Girish Reddy Scholarship, among others. Read on to learn how you can benefit from these opportunities.
 
IIT Madras Offers Scholarships for Deserving Students

Overview of IIT Madras Scholarships

IIT Madras stands as one of the premier educational institutions in India. The institute provides annual scholarships to its promising and underprivileged students. This financial assistance can either be in the form of tuition fee waivers or direct monetary support deposited into students' bank accounts. Consistently ranked number one in the NIRF rankings, IIT Madras excels in offering opportunities to all its students. This article aims to provide detailed information about these scholarships.


Scholarships for Needy Students

IIT Madras has initiated several programs for students whose parents' annual income falls within a specified limit.


Institute Free Studentship

Students from families earning ₹4.50 lakh or less annually are eligible for this scholarship. This scheme benefits 25% of the student population and offers up to a 67% reduction in tuition fees.


Institute SC/ST Scholarship

Students belonging to the SC/ST category with a family income of ₹4.50 lakh or less can avail this scholarship. It includes complete tuition fee waiver, free meals, and a monthly pocket allowance of ₹250.


Merit-cum-Means Scholarship

This scholarship scheme provides a 67% tuition fee concession for students whose family income is below ₹4.50 lakh.


Institutional Notional Prize

This scholarship, awarded by IIT Madras, is given to 7% of students based on their prize rank, offering a one-time amount of ₹1,000.


Girish Reddy Scholarship

This scholarship awards ₹25,000 annually to the top JEE rank holders or students who excel in school, provided their family income is below ₹5 lakh.


Eligibility Criteria

To benefit from any scholarship, students must maintain a minimum GPA of 5.0 each semester, while the Girish Reddy Scholarship requires a GPA of 8.0. This ensures that talented students can pursue their education without financial hindrances.