IIT (ISM) Dhanbad offers an array of scholarships and awards for its students to support them financially and lessen their expenditure. However, there are certain requirements for each scholarship at IIT Palakkad. Some of the popular scholarship schemes offered by the institute are mentioned below. 

Merit Cum Means Scholarship:

  • No. of Scholarships: 25% of the students admitted.
  • Award: Exemption from the payment of tuition fees along with a pocket allowance of INR 800 per month.
  • Eligibility: The annual family income should not exceed INR 6 lakhs per annum.

Merit Cum Means Freeship:

  • No. of Scholarships: 10% of the students admitted.
  • Eligibility: A minimum of 60% marks is required for the students of the 1st year in the qualifying examinations and for renewal of scholarship a GPA of 6.00 in the previous 2 semesters is required.

Budhwanti Mrig Memorial Educational Scholarship (For girl students):

  • No. of Scholarships: 10% of the students admitted.
  • Award: INR 4000 per month.
  • Eligibility: A minimum of 60% marks is required for the students of the 1st year in the qualifying examinations and for renewal of scholarship a GPA of 6.00 in the previous 2 semesters is required.

ISM North American Alumni Scholarship for Mineral \ Earth Science:

  • No. of Beneficiaries: 1
  • No. of Scholarships: 10% of the students admitted.
  • Award: INR 4000 per month.
  • Eligibility: A minimum of 60% marks is required for the students of the 1st year in the qualifying examinations and for renewal of scholarship a GPA of 6.00 in the previous 2 semesters is required.

Atlas Copco Scholarship:

  • No. of Beneficiaries: 1
  • No. of Scholarships: 1
  • Award: INR 3000 per month.
  • Eligibility: Final year meritorious student of B.Tech in Mining Engineering and the annual family income not exceeding INR 3 lakhs.

Inderjeet and Satyawati Badhwar Scholarship:

  • No. of Beneficiaries: 1
  • No. of Scholarships: 1
  • Award: INR 1000 per month for the consecutive 10 months only.
  • Eligibility: Final year student of B.Tech in any Engineering discipline having highest grades along with the annual family income that was not liable to income tax assessment.

S.L. Sehgal Memorial Scholarship:

  • No. of Beneficiaries: 1
  • No. of Scholarships: 1
  • Award: INR 1000 per month for the consecutive 10 months only.
  • Eligibility: Final year student of B.Tech in any Engineering discipline having highest grades along with the annual family income that was not liable to income tax assessment.

V.M. Salgaocar Memorial Scholarship:

  • No. of Scholarships: 1
  • Award: INR 1000 per month for the consecutive 10 months only.
  • Eligibility: 10th best student of 4th year of the B.Tech (M.E.) program and the annual family income not exceeding INR 2.4 lakhs.

Savitri Sethi Memorial Scholarship:

  • No. of Scholarships: 1
  • Award: INR 500 per month for the consecutive 10 months only.
  • Eligibility: Up to 10th best student of 4th year of the B.Tech program and the annual family income not exceeding INR 75,000.

ISS Scholarship:

  • No. of Scholarships: 1
  • Award: INR 1500 per month for the consecutive 10 months only.
  • Eligibility: Up to 10th best students of final year B.Tech/ M.Sc./M.Tech/MBA along with a minimum GPA of 7.00. Also, the student should have active participation in the ISS Games, Sports, Athletics, Yoga, NSS, NCC, cultural events etc.

OP Jindal Engineering and Management Scholarship:

  • No. of Beneficiaries: 4
  • No. of Scholarships: 4 (one each student from 1st to 4th year of B.Tech program) and 1 in MBA.
  • Award: INR 65,000 per annum per student for Engineering and INR 1,25,000 per annum per student for Management. 

IIT Dhanbad Scholarship FAQs

Ques. What is MCM Scholarship in IIT Dhanbad? 

Ans. IIT Dhanbad offers Merit Cum Means (MCM) Scholarships to its students on the basis of their annual family income and merits in the entrance tests. The MCM Scholarship is offered to only 25% of the students admitted. 

Ques. What scholarships are offered by IIT Dhanbad to its students? 

Ans. IIT Dhanbad offers more than 30 scholarships to its students such as Merit Cum Means scholarships, scholarships under ISMAANA, Endowment scholarships, Benevolent Fund, etc.

Ques. Are there any girl's specific scholarships at IIT Dhanbad? 

Ans. Yes, IIT Dhanbad offers Budhwanti Mrig Memorial Educational Scholarship for its girl's students only. Under this Scholarship scheme, girls students are able to get a sum of INR 4000 per month as a scholarship award.