IIT Bombay Merit-cum-Means Scholarship
Indian Institute of Technology, Bombay · All India
| Scheme Name | IIT Bombay Merit-cum-Means Scholarship |
| Provided By | Indian Institute of Technology, Bombay |
| Eligibility Summary | Class 11-12, Graduation, Engineering (< ₹8L Income) |
About the Program
The IIT Bombay Merit-cum-Means (MCM) Scholarship provides a 100% tuition waiver and up to ₹40,000 pocket allowance for students with family income under ₹5 Lakhs.
Benefits & Financial Support
₹2.4 Lakh+
Covers 100% tuition fee waiver of ₹2,00,000 per year, plus a monthly pocket allowance of up to ₹4,000 (totaling ₹2,20,000 to ₹2,40,000 annually).
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Full tuition fee waiver and monthly stipend
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Income up to ₹1L gets ₹40k/yr stipend
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₹1L-3L gets ₹30k/yr
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₹3L-5L gets ₹20k/yr
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Female students receive an extra ₹10,000/yr.
Eligibility Criteria & Income Limit
| Education Level | Graduation |
| Course / Stream | Engineering, Technology, Science, Design |
| Minimum Marks | 60% |
| Income Limit | Up to ₹5.0 Lakh/year |
| Category / Caste | General, OBC, EWS |
| Domicile State | All India |
Mandatory Documents Checklist
- ✓Parental Income Certificate (issued by Tehsildar or above)
- ✓ITR Form 16 / Acknowledgment
- ✓Previous semester Grade Card / JEE Advanced Rank Card
- ✓Non-receipt of other scholarship undertaking
Selection Process
Purely based on JEE Advanced rank (for freshers) or CPI/SPI (minimum 6.0, no backlogs for seniors) and family income limit under ₹5,00,000.
Renewal Policy
Must maintain a CPI of 6.0 or above with no active backlogs at the end of each academic year.
How to Apply Online
Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1
Log in to the IIT Bombay Academic Portal.
- 2
Complete the MCM application form under the scholarship section.
- 3
Upload income certificate and previous grade card (or JEE rank card for freshers).
- 4
Submit and verify details with the Academic Office.
Common Questions (FAQs)
What is the academic requirement to continue the MCM scholarship?
Students must maintain a CPI/SPI of 6.0 or above at the end of each academic year and must not have any backlog courses.
Can SC/ST students apply for MCM?
SC/ST students already receive an automatic 100% tuition fee exemption. They are covered under separate welfare schemes (like Free Messing) and do not need to apply for MCM.
Can I combine this with other state scholarships?
No, students are not permitted to hold more than one scholarship or financial aid scheme concurrently.
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IndiaScholarships.in attempts to provide accurate information manually curated from official sources. Scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official Indian Institute of Technology, Bombay website before final submission.