With the JEE Advanced results out, the focus is now on admissions into BTech programmes offered at IITs, including IIT Madras, one of the most sought-after institutes in India. Engineering education, while prestigious, often involves significant financial investment. In recognition of this, IITs, and particularly IIT Madras, offer a range of scholarships to support meritorious and economically disadvantaged students.Ranked at 1 in the NIRF Engineering Rankings last year, IIT Madras continues to lead in both academic excellence and inclusive education. The institute offers several scholarship schemes that cover tuition fees, living allowances, and academic rewards. Below is a detailed look at the scholarships offered at IIT Madras for engineering aspirants.Read | IIT Madras jumps 47 ranks from 227 in 2025 QS World University Rankings to 180 in 2026Institute Merit-cum-Means ScholarshipEligibility: Students whose parents’ annual income does not exceed Rs 4,50,000 are eligible for this scholarship.The scholarship is available to 25% of the students admitted and provides a 67% tuition fee exemption. To continue receiving the benefit, students must maintain a minimum GPA of 5.0 in the previous semester.Institute Free StudentshipEligibility: Students whose parents’ annual income does not exceed Rs 4,50,000.Similar to the Merit-cum-Means scheme, this benefit is also offered to 25% of admitted students and includes a 67% tuition fee waiver. A minimum GPA of 5.0 is required each semester for continued eligibility.Institute Notional PrizeStory continues below this adEligibility: Based on the student’s rank in the JEE and parents’ annual income not exceeding Rs 4,50,000.This award is available to 7% of the students admitted and consists of a one-time grant of Rs 1,000.Institute SC/ST ScholarshipEligibility: Reserved for SC/ST category students with parental income not exceeding Rs 4,50,000.Students receive free messing, a pocket allowance of Rs 250 per month, and tuition fee exemption. Renewal requires maintaining a minimum GPA of 5.0 in each semester.Girish Ready ScholarshipStory continues below this adEligibility: Two awards are given based on the highest JEE rank and family income below Rs 5,00,000. One award is for the best all-round performance in school and family income under Rs 5,00,000.Each selected student receives Rs 25,000 per year. Continued support requires a GPA of 8.0 or higher in the previous semester.Indian Women’s Association at Bonn ScholarshipEligibility: Awarded based on JEE rank and family income not exceeding Rs 5,00,000.One BTech student receives Rs 1,250 per month for 12 months under this scholarship.Sri V Ranga Raju Memorial ScholarshipStory continues below this adEligibility: Merit-cum-Means basis with parental income up to Rs 5,00,000. Preference is given to students from rural backgrounds when eligibility is equal.The selected student receives Rs 500 per month for 4 years. Renewal depends on a minimum GPA of 5.0 every semester.Kanchi Kamakoti Jagadguru Sri Chandrasekarendra Saraswathi Endowment AwardEligibility: Based on Merit-cum-Means, with parental income not exceeding Rs 5.5 lakhs.One-time financial support of Rs 2,500 is awarded to one student under this scheme.M Sankaraiah and M Saradha (Mithigiri) ScholarshipStory continues below this adEligibility: BTech/Dual Degree students in Electrical Engineering with the highest CGPA at the end of the 4th semester.One-time award of Rs 20,000 is provided to the top-performing student in the department.Dr K Vasanth Rau ScholarshipEligibility: Based on JEE rank and parental income up to Rs 5.5 lakhs. Renewable if the student maintains a GPA of 6.5 or above.This scholarship offers Rs 25,000 per annum to one student for the entire duration of the programme.Story continues below this adSubsequent to the JEE Advanced 2025 results, qualified candidates can now participate in the JoSAA 2025 counselling process, with the mock seat allocation rounds scheduled for June 11 and June 14. The registration and choice filling will continue until June 15, followed by seat allotment rounds starting June 20.