IIT Madras Chennai Scholarships: Eligibility & Scholarship Amount 2026
Chennai,Tamil Nadu- AICTE
10. /10 (52 Students Review)
- Govt.
- Est. 1959
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Check EligibilityIIT Madras Scholarships
IIT Madras offers a range of scholarships to support meritorious and financially needy students. These scholarships help students financially and allow them to continue their education. Find the scholarship offered below:-
| Scholarship Name | Eligibility Criteria | Fee Waive |
| Institute Merit-cum-Means Scholarship | Family annual income must be below INR 4.5 lakhs and should be in the top 25% | The 67% academic fee is waived off |
| Institute Free Studentship | Family annual income must be below INR 4.5 lakhs and should be in the top 25% | The 67% academic fee is waived off |
| Institute Notional Prize | Given based on the JEE Rank and family income must be below INR 4.5 Lakhs. | One time INR 1000 is granted |
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IIT Madras Rating
Academic
10/10
Accommodation10/10
Faculty10/10
Infrastructure10/10
Placements10/10
Social10/10
Throughout10/10
IIT Madras Address/Contact
- Address:Indian Institute of Technology Madras, Pin-600036, Tamil Nadu
Frequently Asked Questions
IIT Madras - Scholarships
Students are automatically considered for a scholarship based on academic merit and income certificates.
Verified AnswerIIT Madras offers scholarships and gives these benefits: tuition fee waivers, monthly stipends, one-time grants, and free messing allowances.
Verified AnswerThe students get placed in various profiles such as Product Manager, Data Scientist/Analyst, Software Developer/Engineer, System Engineer/Network Engineer, and more.
Verified AnswerApplicants must have 60% marks in a bachelor’s degree. Furthermore, students must clear the CAT examination.
Verified AnswerStudents must apply through the COAP portal after qualifying GATE exam. Students must have a bachelor’s degree in BE/BTech/BArch or a master’s degree in Science/Arts with 60% marks.
Verified Answer💡 Make an Informed Financial Decision
Don't just look at scholarships - explore the complete picture before deciding.
Compare fees, ROI through placements, and hear from current students about financial support.
⚡ Pro Tip: Compare total cost minus scholarships with expected placement packages to calculate your true ROI
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