🎓 IIT Bombay Scholarships 2025 – Complete Guide
IIT Bombay offers a diverse array of scholarships and financial assistance programs to support students at both undergraduate and postgraduate levels. These initiatives aim to promote academic excellence, equity, and inclusivity.
🎖️ Undergraduate Scholarships
🏅 Merit-Cum-Means (MCM) Scholarship
Eligibility: B.Tech and Dual Degree (B.Tech + M.Tech) students with family income ≤ ₹1 lakh/year.
Benefits:
Full tuition fee waiver.
Annual scholarship of ₹40,000.
Women Merit Scholarship of ₹10,000/year.
Application: Awarded to a maximum of 25% of the sanctioned intake based on academic merit and means criteria.
Renewability: Renewable annually based on academic performance.
🏅 Free Messing Facilities (SC/ST Students)
Eligibility: SC/ST students whose parental income ≤ ₹5 lakh/year.
Benefits:
Exemption from tuition fees.
Free messing facilities (basic menu).
Pocket allowance of ₹500/month.
Exemption from hostel room rent.
Application: Automatically awarded based on eligibility.
🏅 Named Scholarships (IIT Bombay Alumni Association)
Eligibility: Varies; typically awarded to students from economically disadvantaged backgrounds.
Benefits: Covers annual tuition and mess expenses.
Application: Managed by the IIT Bombay Alumni Association; students are nominated based on need and merit.
🏅 OPJEMS Scholarship
Eligibility: Top 2 students from each batch in Civil, Electrical, Mechanical, and Metallurgical Engineering streams; top 12 students from other streams.
Benefits: ₹65,000 per year.
Application: Selection based on an online test and interview.
🏅 INSPIRE Scholarship
Eligibility: Students in the top 1% of their class in Natural & Basic Sciences; top 10,000 ranks in JEE Advanced.
Benefits: ₹80,000 per year.
Application: Application process details available from IIT Bombay.
🎓 Postgraduate Scholarships
🎓 Teaching Assistantship (TA)
Eligibility: Full-time M.Tech, M.Des, M.S. by Research, and Ph.D. students.
Benefits:
₹37,000/month for the first 2 years.
₹42,000/month for the remaining period.
Exemption from tuition fees.
Application: Automatically awarded upon admission.
🎓 Research Assistantship (RA)
Eligibility: Full-time M.Tech, M.S. by Research, and Ph.D. students.
Benefits: ₹37,000/month; continuation subject to satisfactory academic performance.
Application: Offered by individual departments based on research projects.
🎓 Prime Minister’s Research Fellowship (PMRF)
Eligibility: Top-performing M.Tech and Ph.D. students with exceptional academic credentials.
Benefits:
₹70,000/month.
Contingency grant of ₹2 lakh/year.
Application: Nomination by IIT Bombay; application through the PMRF portal.
🎓 UGC/CSIR Research Fellowship
Eligibility: Ph.D. students with valid CSIR-UGC NET-JRF qualification.
Benefits: ₹31,000–₹35,000/month plus HRA and contingency grants.
Application: Apply through CSIR/UGC channels and inform IIT Bombay.
🎓 Financial Aid Programme (FAP)
Eligibility: All undergraduate and postgraduate students at IIT Bombay.
Benefits: Merit and need-based scholarships; career preparedness initiatives.
Application: Managed by the IIT Bombay Alumni Association; students can apply through the official portal.
🏢 Government & Private Sector Scholarships
National Scholarship Portal (NSP)
Eligibility: Access to various central government scholarships like Post-Matric, Pre-Matric, and Merit-cum-Means schemes.
Application: Apply via the National Scholarship Portal.
State-Specific Scholarships
Eligibility: Students belonging to states like Maharashtra, Uttar Pradesh, Tamil Nadu, etc., are eligible under their respective state government schemes.
Application: Apply through individual state scholarship portals.
Private Sector Scholarships
Examples:
Aditya Birla Scholarship
Tata Trusts Scholarships
Reliance Foundation Scholarships
Application: Apply through respective scholarship providers' portals.
📌 Final Notes
Renewability: Most scholarships are renewable annually based on CGPA (typically ≥ 6.5–7.0) and academic progress.
Application Process: Students are advised to track notices on the IIT Bombay website, student portals, and academic office announcements for deadlines.
Scholarship Cell: IIT Bombay has a dedicated scholarship and financial aid cell to guide and support students throughout the application process.