IIT Gandhinagar – Indian Institute of Technology Scholarships
Scholarships
IIT Gandhinagar Scholarship 2024
Scholarships and financial aid are available to IIT Gandhinagar students. The government, donors/alumni, or the institution itself may offer these schemes. Some of the most popular scholarship programmes among IITGN students are listed below.
- Tuition Fee Waiver for Undergraduate Students: Tuition fee waivers are available to IIT Gandhinagar students.
- Students whose family income is less than INR 1,00,000 will have their tuition fee waived completely.
- Students with family incomes ranging from INR 1 lakh to INR 5 lakh will receive a tuition fee reduction of two-thirds.
- Students whose family income falls between INR 1 lakh and INR 2.5 lakh will be reimbursed for the remaining one-third of their tuition.
- Students whose family income is less than INR 9,00,000 per year can apply for interest-free loans to cover the entire tuition fee under the Vidyalaxmi scheme.
- Free Basic Messing: The Institute provides free basic messing and a pocket allowance to SC/ST students enrolled in B.Tech and M.Sc programmes who have an annual family income of less than INR 4,50,000. Under this scheme, eligible students will receive the following benefits.
- Free basic tampering
- Allowance of INR 250 per month for ten months
- Academic Excellence Scholarship: IITGN students with the highest CPI in their respective disciplines are awarded INR 2000 per month for ten consecutive months. If the awardee has already received a scholarship of equal or greater value, they can only receive INR 5000 as a one-time payment.
- Scholarship for Sports and Games Excellence: Each year, six scholarships are awarded to encourage excellence in sports and games. Students in their second, third, and fourth years of their undergraduate programme are eligible to apply and receive INR 2,000 per month for ten months. If the awardee is also the recipient of another scholarship of equal or greater value, he or she will be eligible for only INR 5000 as a one-time payment.
Financial Aid Program at IIT Gandhinagar
The ‘TATA Motors Limited- Financial Aid Program (TML-FAP)’ includes IIT Gandhinagar. For a limited time, the programme provides financial assistance to UG students. TATA Motors Limited (TML) funds tuition fees and other necessary payments for four years under this programme. Each year, approximately 5 students benefit from the fund, bringing the total number of students benefiting from this MoU to 20 over the course of four years.
Who qualifies for the TML-FAP?
Financial Aid Program at IIT Gandhinagar
The ‘TATA Motors Limited- Financial Aid Program (TML-FAP)’ includes IIT Gandhinagar. For a limited time, the programme provides financial assistance to UG students. TATA Motors Limited (TML) funds tuition fees and other necessary payments for four years under this programme. Each year, approximately 5 students benefit from the fund, bringing the total number of students benefiting from this MoU to 20 over the course of four years.
Who qualifies for the TML-FAP?
Candidates with a lower family income and a CPI of at least 6.0 in their previous semester are eligible for the programme. The following is how the family income is calculated:
- Students from non-metropolitan areas with a family income of less than INR 6.5 LPA.
- Students from metropolitan areas with a family income of less than INR 7.5 LPA.
Concerning the programme: TML-FAP is an agreement between IIT Gandhinagar, TATA Motors, and the IIT Bombay Alumni Association (IITBAA). The programme provides students with immediate financial assistance. Students who benefited from the programme are required to return the funds to the institution once they have achieved financial independence. The donated funds are reinvested in the next batch of UG students.
IIT Gandhinagar awards MCM Scholarships and New Merit Scholarships based on the following criteria:
Merit-cum-Means (MCM) Scholarship of INR 1000/- per month to students who are meritorious but come from a low-income family.
The Indian Institute of Technology, Gandhinagar is offering new Merit Scholarships to Indian students who have excelled in academics, sports, arts, culture, social work, and leadership. This scholarship is distinct from merit-based scholarships in that it will be awarded solely on the basis of achievements in respective fields.
All SC/ ST students whose parents’ annual income is less than INR 4,50,000 receive free basic messing and a pocket allowance of INR 250. Every year, this scholarship is given to the students with the highest CPI in their respective discipline.