Indian Institute of Technology (IIT) Scholarships 2023-2024: Engineering Scholarships 2023
Scholarships of Indian IIT Institutes in 2022
We are pleased to announce the fully-funded scholarships offered by the Indian Institute of Technology (IIT) for the class of 2023-2024 academic session. These engineering scholarships are offered to students with good marks.
So are you aspiring to visit such an international university that not only provides quality education at a reasonable cost?
Universities which deliver quality education in addition to providing financial and academic support to students to pursue a higher education degree of their choice are difficult to find these days. It, however, does not mean that such higher education institutes do not exist.
In this article, we will be discussing everything about one of the top-ranked institutions in India – the Indian Institute of Technology. So fasten your seatbelts and join us on this ride to explore the scholarship opportunities at the Indian Institute of Technology.
Let’s get started!
Admissions Acceptance and Rejection Rates of Indian Institute of Technology (IIT):
For those of you who don’t know, the Indian Institute of Technology aka the IIT has campuses in over 23 different cities in India. It is practically impossible to include the details of all the 23 IIT campuses, and so, we will be focusing on the three most prestigious campuses in the three most populous cities in India; Delhi, Bombay, and Madras.
Now, these three IIT campuses are the top choice for students seeking admission at the Indian Institute of Technology and this is why the acceptance rates at these campuses are lower than the other campuses. Some researches show that IIT is 8 times harder to get into than Harvard. The latest acceptance and rejection rates at the IIT campuses in Delhi, Madras, and Bombay are stated below as follows:
Admissions Acceptance Rates of the Indian Institute of Technology (IIT) Delhi: 0.5%
- Acceptance rate: 0.5%
- Rejection rate: 95.5%
Admissions Acceptance Rates of the Indian Institute of Technology (IIT) Bombay: 2%
- Acceptance rate: 2%
- Rejection rate: 98%
Admissions Acceptance Rates of the Indian Institute of Technology (IIT) Madras: 2%
- Acceptance rate: 2%
- Rejection rate: 98%
Total Foreign Students in the Indian Institute of Technology: 1.6%
The average ratio of international students studying at the Indian Institutes of Technology (IIT) is 1.6%.
Indian Institute of Technology (IIT) Scholarships 2023:
The Indian Institutes of Technology are generous in the matters of providing financial assistance to their students. These scholarships are awarded to students on both a need and merit basis. Following is a list of the most prestigious scholarships offered by the Indian Institutes of Technology:
#1 Scholarship Awards at IIT Delhi
- Ravinder Kumar Rishi Scholarships
These scholarships are awarded to freshmen students in an undergraduate course program.
- ABB Scholarships
The ABB Scholarships are awarded to those students who are in their 2nd year of Electrical Engineering, provided that they maintain a minimum CGPA of 7.5.
- Amar Chand Memorial Scholarships
These scholarships are to those students enrolled in MSc Mathematics, who secure the highest GPA in their first semesters.
- B.S. Halabja Memorial Scholarships
The B.S. Halabja Memorial Scholarships are awarded to two- first-year undergraduate students who secure a minimum CGPA of 7.5
- Amritraj Chibber Family Scholarships
These scholarships are awarded to students pursuing their undergraduate degrees in Chemical Engineering, provided that they maintain a minimum CGPA of 7.0 at the end of their 2nd year.
Loan Scholarships at IIT Delhi Sponsored by IIT Alumni
- Ved and Prem Lata Gulati Loan Scholarships
- Smt. Sushma Lal Loan Scholarships
- Shrimati Dharam Dev Bhatia Loan Scholarships
- Shri Motiram Bulchand Shivdasani Loan Scholarships
- Mantosh Sondhi Loan Scholarships.
#2 Scholarship Awards at IIT Bombay
Private Scholarships for Master’s Students
- Forbes Marshall Scholarships
Students who win the Forbes Marshall Scholarship Award will receive Rs.20,000 per month, plus additional academic support worth Rs.15,000.
- Dr. Gargi Vishnoi Memorial Scholarships
These scholarships cover the full tuition fee of the students and grant them a monthly stipend of Rs.20,000. However, these awards are allotted only for those students studying in the Biosciences and Bioengineering Departments at the IIT.
Government Scholarships for Master’s Students
- AERB Scholarships
Under this program, the students will receive a monthly allowance of Rs.35,000 in addition to a full tuition fee waiver. They will also be granted Rs.5,000 for book allowance once every semester.
- Maharashtra Electricity Regulatory Commission Scholarships
The scholarship winners of the MERC will get a fixed tuition fee waiver, a monthly allowance of Rs.8,000, an allowance for contingencies, and miscellaneous academic support grants.
- Maharashtra Pollution Control Board Fellowships
M.Tech students will receive a monthly allowance worth Rs.8,000 under the MPCB Fellowships.
Private Scholarships for PhD. Students
- IITB Monash Scholarships
The students under this award will receive a stipend worth Rs.35,000 for the first 2 years and Rs.39,000 per month for the remaining years of their degree programs.
- EATON Technologies Scholarships
These scholarships are for a period of 4 years. The students will receive a monthly stipend of Rs.30,000 for the first two years and Rs.35,000 for the last two years of their degree programs.
Government Scholarships for PhD. Students
- NBHM Scholarships
The IIT NBHM scholarship holders will initially receive a monthly stipend of Rs.31,000 which will increase to Rs.35,000 after two years. Contingencies grant worth Rs.20,000 per annum will also be covered under this scholarship.
- ICMR Scholarships
The students will receive a monthly stipend worth Rs.31,000 for the first two years which will increase by Rs.4,000 for the remaining three years, plus contingencies grant worth Rs.20,000 per year.
#3 Scholarship Awards at IIT Madras
- Suresh and Kamini Sanghi Merit – Means Scholarships
- K Vasanth Rao Merit – Means Scholarships
- Prof. Narasimhan Fellowships
- Girish Ready Scholarships
- Aditya Birla Scholarships
- Institute Merit Scholarships.
So, now that you know of all the prominent IIT Indian scholarship opportunities at the Indian Institutes of Technology, we have one question for you… Which IIT campus are you going to attend?
So, prepare your documents and apply for the fully-funded scholarships at any of the Indian IIT institutes.