Are you aspiring to secure an IIT Bombay Scholarships? The institute offers various scholarships catering to undergraduate, postgraduate, and PhD students. Among them are Merit-cum-Means IIT Bombay Scholarships, National Talent Search Scheme scholarships, and SC/ST scholarships.
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Scholarships can help the students to pursue their education with ease. Usually, these are the funds collected by organizations or charities. The donations are collected by thousands of donors who want to do some charitable work. You can easily find scholarships for you to cover your educational expenses.
However, you may need to meet the eligibility requirements and other conditions that come along with these scholarships.
If you are looking for the funds to pursue your engineering from IIT Bombay then you are at the right place. Here in this article, we will let you know about the best scholarships that are offered to students who have successfully been admitted to IIT Bombay. Aspiring MBA Student you can also check out our article on IDFC First Bank Flagship MBA Scholarship.
What are IIT Bombay scholarships?
IIT Bombay offers financial aid to international students through scholarships, fellowships, and grants. The university’s financial aid office oversees this support. The support includes various opportunities like scholarships, internships, and external options from foundations and corporations.
For the latest information and to apply, interested students can find details and an online application form on the IIT Bombay official website.
The main motive of the scholarship is to help the needy or the students who belong to families with lower financial backgrounds. The scholarships offer the relevant funds to cover educational expenses like tuition fees, hostel expenses, laptops, and many more costs related to education.
List of Top 17 IIT Bombay scholarships
There are a limited number of IIT Bombay scholarships. We have researched and shortlisted some of these scholarships for you. These are mentioned below let’s have a look:
1. Ishan Uday Scholarship for North Eastern Region
Ishan Uday Scholarship for North Eastern Region 2024 is a partial funding scholarship provided by the Indian government for local students. It supports various subjects at Indian universities, with a deadline of 15th January.
The scholarship amount is Rs 5400 to 7800/per month, and applications can be submitted through the Ishan Uday Scholarship for North Eastern Region 2024 form from their official website.
2. AICTE Pragati & Saksham Scholarship Scheme
AICTE Pragati & Saksham Scholarship Scheme 2024 is another initiative by the Indian government, that exclusively covers tuition fees for Indian nationals, especially girls and differently-abled students. It focuses on technical education, with a deadline of 31st January.
The scholarship offers a tuition fee of INR 30,000 and can be pursued at any university or college in India. Interested candidates can apply using the AICTE Pragati & Saksham Scholarship Scheme 2024 application form from their official website.
3. National Scholarship for Postgraduate Studies
National Scholarship for Post Graduate Studies 2024 is a partial funding opportunity for Indian nationals pursuing postgraduate studies in any subject. The deadline for applications is 15th January, with a scholarship value of up to INR 15,000.
This scholarship applies to any university, college, or institution in India, and the application can be submitted through the National Scholarship for PostGraduate Studies 2024 form from their official website.
4. Swanath Scholarship Scheme (Technical Diploma/Degree)
Swanath Scholarship Scheme (Technical Diploma/Degree) 2024 is administered by the Indian government and provides partial funding for Indian nationals across all subjects. The deadline for application submission is 31st January, offering a scholarship value of up to INR 50,000 per annum.
Eligible candidates can apply through the Swanath Scholarship Scheme (Technical Diploma/Degree) 2024 application form from their official website, specifically for AICTE-approved institutions.
5. AICTE Pragati Scholarship for Girls
AICTE Pragati Scholarship for Girls 2024 is a partial funding scholarship for Indian national girls pursuing studies in any subject. The deadline for applications is 31st January, and the scholarship offers a value of up to INR 50,000 per annum.
Interested candidates can apply through the AICTE Pragati Scholarship for Girls 2024 application form from their official website. The scholarships are only applicable to AICTE institutions.
6. Prime Minister’s Scholarship Scheme for Wards of States/UTs Police Personnel
Prime Minister’s Scholarship Scheme for Wards of States/UTs Police Personnel 2024 is a partial funding opportunity provided by the Government of India for Indian nationals. It supports studies in Medicine, Engineering, and Business Management, with a deadline of 31st January.
The scholarship, valued at up to INR 3000 per month, is exclusive to India and applications can be submitted through the Prime Minister’s Scholarship Scheme for Wards of States/UTs Police Personnel 2024 form from their official website.
7. Prime Minister’s Scholarship Scheme For RPF/RPSF
Prime Minister’s Scholarship Scheme For RPF/RPSF 2024 is another initiative catering exclusively to Indians, offering partial funding for various subjects except Social Sciences. The deadline for applications is 15th January, with a scholarship value of up to INR 3000 per month.
The scholarship can only be availed in India, and interested candidates can apply through the Prime Minister’s Scholarship Scheme For the RPF/RPSF 2024 application form from their official website.
8. Prime Minister’s Scholarship Scheme For Central Armed Police Forces And Assam Rifles
Prime Minister’s Scholarship Scheme For Central Armed Police Forces And Assam Rifles 2024 is a partial funding opportunity and is open only to Indians. It supports studies in Medicine, Engineering, and Business Management, with a deadline of 31st January.
The scholarship, valued at up to INR 3000 per month, is available only in India, and applications can be submitted through the Prime Minister’s Scholarship Scheme For Central Armed Police Forces And Assam Rifles Form from their official website.
9. National Overseas Scholarship
National Overseas Scholarship 2024 offered by the Ministry of Social Justice and Empowerment, is a partial funding opportunity for Indian nationals pursuing various subjects at the top 500 universities in the QS ranking. The deadline varies, and the scholarship is valued at up to 17000 USD. Applications can be submitted through the National Overseas Scholarship 2024 form from their official website.
10. Post-Matric Scholarships for Students with Disabilities
Post-Matric Scholarships for Students with Disabilities 2024 is a full funding opportunity that is exclusively for Indian students with disabilities. It supports studies in all subjects, with a deadline of 15th January. The scholarship includes maintenance allowance, book grant, and disability allowance, and can be availed in India and overseas.
Applications can be submitted through the Post-Matric Scholarships for Students with Disabilities 2024 form from their official website.
11. IITB Monash Scholarship
The academy was established in 2008. The IITB-Monash Research Academy is a collaborative venture between the Indian Institute of Technology Bombay (IITB) and Monash University and has supported over 500 Ph.D. students and researchers. This IIT Bombay scholarship offers INR 4,20,000 annually for the initial two years and INR 4,68,000 per year thereafter.
12. Marshall Scholarship
The main motive of the scholarship is to offer financial funds to the M.Tech students. The Marshall Scholarship involves an interview process during the first semester for selection. Successful candidates receive a monthly stipend of INR 20,000, tuition fee reimbursement each semester, and an additional Contingency Grant of INR 15,000.
13. Merit cum Means (MCM) Scholarship
The students who assist a maximum of 25% of undergraduate intakes are eligible for the scholarship. The Merit cum Means Scholarship has an eligibility criterion based on parents’ annual income, which should be less than INR 4,50,000. Recipients receive INR 1000 per month and a waiver of tuition fees.
14. SJM School of Management Endowment Scholarship
The scholarship is specially offered for Ph.D. students, this scholarship evaluates candidates based on academic performance. It offers INR 28,000 per month for the initial two years, with a potential increase to Rs. 31,000 per month for the subsequent five years until thesis submission.
15. Named Scholarship
The scholarship is supported by individual donors, this IIT Bombay scholarship targets undergraduate students with parents’ annual income below INR 4,50,000. It covers annual fees and mess expenses, with the donor’s name or specifications acknowledged in the ‘named’ category.
16. Free Messing Facilities to SC/ST Category Students
The scholarship is available for both undergraduate and postgraduate programs, this scholarship is exclusive to SC/ST category students with parental income below INR 4,50,000. It exempts recipients from tuition fees and hostel room rent, providing free messing facilities (selected menu) and a monthly pocket allowance of INR 250.
17. NBHM (National Board of Higher Mathematics)
The scholarship applies to MSc and Ph.D. students, and NBHM scholarship selection is department-based. It rewards students with INR 25,000 per month, increasing to INR 28,000 after two years, along with an annual Contingency Grant of Rs. 20,000.
How to apply for IIT Bombay Scholarships in 2024?
To get the funds under IIT Bombay Scholarships for the year 2024. The students need to follow some steps. The steps to complete the application process are mentioned below, let’s have a look:
1. Admission Clearance:
Successfully secure admission to your preferred IIT by clearing the entrance examination. To get the admission the students need to qualify for the IIT JEE examination that is conducted every year. The exam is considered one of the toughest examinations in India. Only 1% or fewer students can qualify for the examination.
2. Explore Official Website:
Visit the official website of the respective IIT and explore the scholarship schemes offered by the government specifically tailored for the institution. You need to explore the official website of the scholarship portal. If the scholarship is offered by any government program then you need to apply on the government website.
3. Application Form Completion:
Complete the designated application form available on the official website of the IIT. The application form will ask you for some general information and data.
4. Document Submission:
Ensure timely completion of the application form before the specified deadline, and accurately upload all necessary supporting documents validating your claims. Make sure to submit all genuine documents as the failure to do so can lead to the rejection of the application.
5. Submission to Authorities:
Submit the completed application form to the relevant authorities within the stipulated deadline. This submission will render you eligible for the corresponding scholarship incentive. After successfully filling out the application, all you need to do is submit the application copy to the authorities of IIT Bombay. So that they can consider your scholarship.
FAQs
1. Can I Obtain a Scholarship at IIT Bombay?
Presently the students with parents having an annual gross income not exceeding Rs. 5,00,000 from all sources in the previous financial year are eligible to apply for the Merit-cum-Means Scholarship. Additionally, all SC/ST students are exempted from paying tuition fees.
2. Is IIT Bombay Tuition-Free for Students?
Admission to IITs requires the payment of tuition fees. Only those who have cleared JEE Mains are eligible to take the IIT JEE Advanced exam, a prerequisite for IIT admission. The tuition fees at IITs can vary among students.
3. Which IIT College Holds the Top Position in India?
According to the National Institutional Ranking Framework (NIRF), IIT Madras currently holds the top position among engineering colleges in India. IIT Delhi and IIT Bombay follow in the second and third positions, respectively.
4. Can I Avail a Scholarship at IIT Kharagpur?
IIT Kharagpur provides various scholarships and financial assistance to eligible students. Among them, the Merit Cum Means Scholarship is particularly popular, awarded based on the candidates’ merits.
5. Can Parents Stay at IIT Bombay?
Accommodation for parents visiting their children studying at IIT Bombay is available. However, certain norms and requirements need to be satisfied. This provision is limited to one week, and shared accommodation is provided in available hostels.
Conclusion
IIT Bombay scholarships open doors of opportunity, bridging financial gaps for aspiring minds. These scholarships range from Merit-cum-Means to specialized courses offered by IIT Bombay.
The main motive of the scholarships is not only to ease the burden of tuition fees but also to empower students to focus on academic excellence. The funds for the scholarships are gathered from diverse sources that aim towards collective commitment to provide opportunities to talented ones.
As the scholarship applications are filled by the students, they need to wait for whether they are getting selected or not. In case of selection, they need not worry about their educational expenses.
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