Organization : IIT Bombay
Scholarship Name : Institute Merit-cum-Means & Named Scholarship
Applicable For : Undergraduate Students
Website : http://www.iitb.ac.in/newacadhome/scholar.jsp
Merit- cum- Means Scholarship:
Merit-cum-Means scholarship is awarded @Rs.1000/ per month with benefit of free tuition fee per semester to a maximum of 25% of sanctioned Intake of undergraduate students. For Dual degree, it is available only upto the 4th year. For these scholarships, academic merit as well as means will be taken into account to determine eligibility.
Related : IIT Kharagpur 2016-17 Engineers India EIL Scholarship : www.scholarships.net.in/9876.html
Merit Criterion :
For new entrants [B.Tech, dual degree (B.Tech + M.Tech)] their JEE AIR & for B.Des their UCEED Rank will be the criterion. In case of students joining the 2 year M.Sc. programme, their performance in the admission test and interview will be considered for determining merit. In subsequent years, the corresponding criterion will be their academic performance during the preceding academic year.
Means Criterion :
** The parental income is the basis for the `means’ criterion of the scholarship. At present students whose parents annual gross income from all sources does not exceed Rs.4,50,000/ , are eligible to apply for Merit-cum-Means Scholarship.
** When a student applies for the scholarship for the first time, copy of Income Certificate issued by the Revenue Officer not below the rank of Tehsildar or the Income Tax Return (ITR) has to be submitted by the parent or guardian for the preceding year of application for the scholarship.
** No fresh Income proof will be required for renewal of the scholarship in the subsequent years, till the completion of the programme to which the student is admitted. The scholarship will be renewed on a yearly basis provided the student fulfills all the terms and conditions for renewal of the scholarship.
** A student whose parental income falls below the prescribed limit at any point during the course of his programme (due to reasons such as retirement of the parent/guardian or due to any unforeseen circumstances) is eligible to be considered for an award of Merit-cum-Means scholarship from the month in which such situation arises.
Named Scholarships:
The Dean Alumni & Corporate Relations Office manages the named scholarship endowed by the alumni of the Institute and other wellwishers. These Scholarships are awarded based on the following eligibility criteria :-
a) Merit Criterion :
For new entrants {B.Tech / Dual Degree (B.Tech+M.Tech) / } 4 yr. B.S their JEE(Advanced) AIR or the 1st Semester Performance Index (SPI) will be the criterion for merit based Named Scholarship. In subsequent years, their academic performance, i.e., Cumulative Performance Index (CPI) during the preceding academic year will be the corresponding criterion.
b) Means Criterion :
The parental (Both Parents) income is the basis for ‘means’ criterion of the scholarship. At present students whose parent’s annual gross income from all sources does not exceed Rs.4,50,000/ , are eligible to apply for means based Named Scholarships. .