Chennai, Tamil Nadu, India | MoE, UGC, INI
To ensure that no deserving candidate is denied quality higher education due to financial constraints, Indian Institute of Technology Madras (IIT Madras) and government bodies offer comprehensive merit-cum-means scholarships and tuition fee waivers.
| Scholarship Scheme | Eligibility Criteria | Tuition Fee Concession / Benefits |
|---|---|---|
| Institute Merit Scholarship | Top 5% rankers in entrance examinations / semester toppers | 50% to 100% Tuition Fee Waiver |
| Means-cum-Merit Financial Aid | Family annual income < ₹1,00,000 from all sources | 100% Complete Tuition Fee Remission |
| Economically Weaker Section (EWS) Assistance | Family annual income between ₹1 Lakh and ₹5 Lakhs | 2/3rd Tuition Fee Remission (66% Concession) |
| National Scholarship Portal (NSP) Schemes | SC / ST / OBC students meeting central reservation income criteria | Full tuition reimbursement + monthly maintenance allowance |
| AICTE Pragati & Saksham Schemes | Girl students and differently-abled scholars pursuing technical degrees | ₹50,000 per year towards tuition and study materials |
Indian Institute of Technology Madras (IIT Madras) has formal arrangements with major public and private sector banks (SBI, Canara Bank, HDFC Bank, PNB) facilitating pre-approved, collateral-free education loans under the Government of India Vidya Lakshmi portal.
Connect with verified academic counsellors for 2026 counseling, course selection, and scholarship assistance.
Request Free Callback