IIT Bombay Scholarships 2025 - Details, Eligibility, Amount

About IIT Bombay Scholarship

IIT Bombay is one of India’s premier educational institutions, and it believes that financial constraints should never come in the way of a talented student’s education. To support this vision, the institute offers a wide range of scholarships and financial assistance programs for undergraduate, postgraduate, and doctoral students. These scholarships are designed to reward academic excellence, assist students from economically weaker backgrounds, and encourage diversity by supporting students from various social categories.

Scholarships at IIT Bombay are broadly divided into Merit-Based, Need-Based, and Category-Based types, along with government and private scholarships. There are also specialized scholarships for research, international programs, and specific disciplines.

Types of Scholarships at IIT Bombay

1. Merit-Based Scholarships

These scholarships are awarded to students who demonstrate outstanding academic performance. Students securing top ranks in entrance exams such as JEE Advanced or maintaining a high Cumulative Grade Point Average (CGPA) during their course are eligible. The most popular example is the Institute Merit-cum-Means (MCM) Scholarship, which covers tuition fee waivers and may include other benefits. Private and alumni-funded scholarships also fall under this category.

2. Need-Based Scholarships

Need-based scholarships are aimed at helping students from economically weaker sections (EWS). Students whose annual family income is below a certain limit (usually ₹4–6 lakhs) can receive full or partial tuition fee waivers, mess subsidies, and hostel rent exemptions. Income proof is mandatory while applying.

3. Category-Based Scholarships

Special financial assistance is provided to students belonging to Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC-NCL), EWS, and Persons with Disabilities (PwD) categories. In many cases, SC/ST students are exempt from paying tuition fees entirely, and additional stipends are given to support living expenses.

4. Government and Private Scholarships

Apart from institute-level schemes, IIT Bombay students can also apply for:

• Central Government Scholarships like NSP (National Scholarship Portal) schemes.

• State Government Scholarships for residents of certain states.

• Private Corporate Scholarships funded by companies such as Tata Trusts, Aditya Birla Group, and ONGC.

5. International and Research Scholarships

IIT Bombay encourages global exposure through international exchange programs, research fellowships, and funding for overseas internships. Many such programs are supported by alumni and global organizations.

Eligibility Criteria

While eligibility varies from scholarship to scholarship, the general criteria include:

• Merit-Based: High CGPA or top entrance exam rank.

• Need-Based: Annual family income below a specified limit, along with satisfactory academic performance.

• Category-Based: Proof of category (SC/ST/OBC-NCL/EWS/PwD) and meeting academic requirements.

• External Scholarships: Specific eligibility as mentioned by the funding organization.

How to Apply for IIT Bombay Scholarships

The application process is straightforward:

1. Get Admission: You must first be admitted to IIT Bombay in your chosen program.

2. Visit the Scholarship Portal: Once enrolled, log in to the IIT Bombay Scholarship Portal using your student credentials.

3. Choose Your Scholarship: Read the details carefully and select the scholarship(s) you are eligible for.

4. Fill the Application Form: Provide personal, academic, and financial details accurately.

5. Upload Documents: This may include income certificates, category certificates, previous academic records, and bank details.

6. Submit Application: Review the form and submit it online before the deadline.

For government scholarships, you may need to apply separately through the National Scholarship Portal (NSP) or the relevant state government portal.

Renewal and Duration of Scholarships

Most scholarships at IIT Bombay are renewable every academic year provided the student maintains the required academic performance and continues to meet the eligibility criteria.

• Merit-Based: Renewal depends on maintaining a specific CGPA (often above 6.0 or 7.0).

• Need-Based: Renewal requires continued proof of low family income and satisfactory grades.

• Category-Based: Renewal is usually automatic if enrollment and academic conditions are met.

If a student’s performance drops significantly or they fail to follow institute rules, the scholarship may be discontinued.

IIT Bombay Scholarships Table

Conclusion

IIT Bombay’s scholarship ecosystem ensures that no deserving student is left behind due to financial constraints. With options ranging from merit-based rewards to need-based aid and specialized category benefits, the institute caters to students from all walks of life. The simple online application process, combined with transparent selection and renewal policies, makes it easy for students to access financial support.

For students aiming to join IIT Bombay, these scholarships not only reduce financial pressure but also act as recognition for their hard work and talent.