IIT Bombay Scholarships 2026: Courses, Types, Amount

IIT Bombay provides a range of scholarships and financial aid options to support students across undergraduate (UG), postgraduate (PG), and doctoral levels. These include institute-funded scholarships, assistantships, government schemes, and donor-funded named scholarships. The primary focus is on merit, means, or a combination, ensuring access to education for deserving students. All information is sourced from official or reliable references to IIT Bombay's academic policies. IIT Bombay scholarships are typically announced and managed through the institute's academic portal.

They ensure that academic excellence, rather than family income, determines who walks through the gates of one of Asia's top-ranked engineering institutions. This guide unpacks the specific pathways available to incoming and current students, detailing the eligibility criteria for Merit-cum-Means awards, institute-level support for reserved category candidates, and research assistantships for postgraduate scholars.

IIT Bombay Scholarships for Undergraduate

At the UG level, IIT Bombay scholarships are aimed at reducing financial burdens for students pursuing B.Tech, B.S., B.Des, Dual Degree programs, etc. Key options include merit-cum-means based aid, fee remissions, and category-specific support.

IIT Bombay Scholarships for Postgraduate (Masters)

For programs like M.Tech, M.Des, M.Sc, M.Phil, MPP, M.S. by Research, IIT Bombay offers assistantships and fellowships, often requiring valid GATE scores or equivalent.

IIT Bombay Scholarships for PhD and Doctoral

PhD and M.Ph.D. programs offer assistantships with higher stipends, requiring research or teaching duties. Check the IIT Bombay scholarship details from table below:

IIT Bombay Scholarships for B.Tech

IIT Bombay offers a detailed financial assistance program for its B.Tech students entering through JEE Advanced 2026. The institute recognizes that while the JEE Advanced examination selects the brightest engineering minds across India, economic barriers shouldn't hinder their education at this premier engineering institution.

The Institute Merit-cum-Means Scholarship serves as the flagship program. Applications open immediately after the admission process concludes in July 2026 and require submission by August 31, 2026. These merit-based awards consider both academic excellence in Class 12 board examinations and JEE Advanced All India Ranks, alongside strict family income criteria that typically cap parental earnings at ₹5 lakh per annum.

The selection process involves document verification followed by merit list preparation based on JEE Advanced ranks. Awards are renewable annually contingent upon maintaining a minimum academic performance. Understanding these scholarship opportunities is essential for incoming students to manage the total program cost exceeding ₹8-10 lakh over four years.

The following table provides specific details about the merit-based IIT Bombay scholarships available for B.Tech 2026 entrants, including exact eligibility criteria based on JEE Advanced ranks and Class 12 performance, along with the precise financial awards disbursed in Indian Rupees.

Most IIT Bombay B.Tech scholarships remain renewable for the entire four-year program duration provided students maintain a CPI of 6.0 or above with no standing backlogs in any semester. The disbursement typically occurs directly into student bank accounts in two installments per academic year, usually in October and March.

Students should note that corporate-sponsored scholarships like those from Aditya Birla and Samsung often require separate essay submissions or personal interviews beyond the institute's standard application form. With application deadlines concentrated between July and September 2026, incoming students must prepare their JEE Advanced scorecards, Class 12 mark sheets, valid income certificates, and caste certificates (if applicable) well in advance to secure these financial aids and avoid the full tuition burden of approximately ₹2 lakh per semester.

DAAD Scholarship Opportunities for IIT Bombay Students

The DAAD (German Academic Exchange Service) facilitates comprehensive academic mobility for IIT Bombay students through diverse scholarship programs targeting research internships, master's studies, and doctoral research in Germany for 2026. These prestigious awards support engineering, natural sciences, and humanities study at leading technical universities including TU Munich and RWTH Aachen, institutions with whom IIT Bombay maintains active academic partnerships.

Financial packages include monthly stipends ranging from ₹25,000 to ₹35,000 for undergraduate researchers and ₹80,000 to ₹1,20,000 for doctoral candidates, complemented by health insurance coverage, travel allowances of nearly ₹1,50,000, and research cost supplements. Eligibility mandates a minimum CGPA of 8.0 or 75% aggregate marks demonstrated through IIT Bombay transcripts, alongside German language proficiency (TestDaF/DSH) or IELTS/TOEFL scores depending on program requirements, plus confirmed host institution acceptance letters for the 2026 academic cycle.

The following table outlines specific DAAD funding opportunities available to IIT Bombay students across different academic levels.

IIT Bombay applicants must initiate the application process six to twelve months before 2026 deadlines, recognizing that WISE internships typically close in October 2025 while master's and doctoral programs have windows through March 2026. Successful candidates gain access to Germany's tuition-free technical education while receiving thorough financial support covering living expenses in major research hubs.

Students should coordinate with IIT Bombay's International Relations Office for document verification and faculty recommendations. Attend DAAD Information Centre Mumbai workshops to navigate visa procedures, accommodation arrangements, and cultural integration essential for maximizing these transformative international research experiences.

IIT Bombay Scholarship Portal

The IIT Bombay Scholarship Portal serves as the centralized digital gateway for all financial aid opportunities at the institute, streamlining access to merit-based and need-based awards for the 2026 academic session. This integrated platform eliminates the need for multiple offline submissions by consolidating applications for institute-funded scholarships, external grants, and corporate sponsorships under one unified interface. Students can access the portal through their LDAP credentials, ensuring smooth integration with the institute's existing academic infrastructure. The 2026 iteration introduces enhanced user experience features including mobile-responsive design and real-time notifications, reflecting IIT Bombay's commitment to digital transformation in student welfare services. Understanding the portal's navigation ensures eligible candidates maximize funding opportunities without missing critical deadlines.

The portal offers streamlined functionalities for managing financial aid applications.

• LDAP Authentication: Students log in using existing institute credentials, eliminating separate registration while maintaining secure access to financial records and application history.
• Advanced Search Filters: Locate relevant scholarships by selecting category (SC/ST/OBC/General), annual family income below ₹8 lakh, and minimum CGPA requirements.
• Document Repository: Upload income certificates, caste certificates, and mark sheets once for reuse across multiple scholarship applications without repeated uploads.
• Auto-populated Forms: Personal and academic data automatically fills from the institute database, reducing manual entry errors and processing time.
• Visual Status Dashboard: Color-coded progress bars indicate application stages from Document Verification through Department Review to Final Disbursement, with green checkmarks confirming completed steps.
• Password Recovery: Reset credentials through automated links sent to registered @iitb.ac.in addresses with OTP verification for security.
• Profile Updates: Modify contact details, bank account information for NEFT transfers, and emergency contacts directly without administrative approval.
• 2026 Support Features: New AI chatbot answers eligibility queries in Hindi, English, and Marathi, plus dedicated mobile app for Android and iOS devices.

Mastering the IIT Bombay Scholarship Portal ensures students efficiently secure financial support ranging from ₹12,000 monthly stipends to full tuition waivers worth ₹2,00,000 annually. Regular dashboard monitoring prevents missed updates regarding committee decisions or document requests. Maintaining accurate IFSC codes and account numbers guarantees timely disbursement through NEFT transfers. For technical issues involving upload failures or login errors, contact scholarship-portal@iitb.ac.in or visit the Computer Centre Tuesday and Thursday between 10:00 AM and 4:00 PM.

IIT Bombay Scholarships FAQs

Q1. What scholarships are available at IIT Bombay in 2026?

IIT Bombay offers a wide range of scholarships for UG, PG, and PhD students, including Merit-cum-Means (MCM) Scholarship, Free Messing for SC/ST students, Named Scholarships (alumni-funded), Tuition Fee Remission, WINGS Scholarship for women in STEM, Postgraduate Assistantships (TA/RA), PMRF, CSIR/UGC fellowships, and government schemes via the National Scholarship Portal. These support merit, financial need, reserved categories, and research excellence.

Q2. What is the Merit-cum-Means (MCM) Scholarship at IIT Bombay?

The Merit-cum-Means (MCM) Scholarship is the flagship UG scheme at IIT Bombay. It provides full tuition fee exemption plus an annual stipend based on family income. Below rae the IIT Bombay scholarships:

• Up to ₹1 lakh: ₹40,000/year stipend + extra ₹10,000 for women
• ₹1–3 lakh: ₹30,000/year stipend + extra ₹10,000 for women
• ₹3–5 lakh: ₹20,000/year stipend + extra ₹10,000 for women It covers up to 25% of sanctioned UG intake (B.Tech, B.S., B.Des, Dual Degree). Eligibility requires merit (JEE Advanced AIR/UCEED rank or academic performance) and family income ≤ ₹5 lakh (based on income certificate/ITR for the preceding year).

Q3. Who is eligible for IIT Bombay Merit-cum-Means Scholarship in 2026?

Eligibility for MCM IIT Bombay scholarships includes:

• UG students (B.Tech, Dual Degree, B.S., B.Des)
• Merit based on entrance rank or previous year's CPI
• Family gross annual income ≤ ₹5 lakh (from all sources, verified via competent authority certificate) SC/ST students may get priority/reserved seats within MCM. Renewal requires minimum academic performance (e.g., satisfactory CPI).

Q4. Is there a special scholarship for women students at IIT Bombay in 2026?

Yes — the WINGS (Women INspiring Growth in STEM) Scholarship provides 100% tuition fee coverage (up to ~₹2 lakh/year) for female UG students in STEM programs. It starts from the 2026–27 academic year, targets talented women not eligible for lower-income MCM, and aims to boost female participation in engineering. Applications involve interest forms via official channels or partners like Buddy4Study; full details on IIT Bombay ACR portal.

Q5. What is the stipend amount for M.Tech students at IIT Bombay?

M.Tech/M.Des/MPP/M.S. by Research students receive Teaching Assistantship (TA) of ₹12,400/month (as per older guidelines; may be revised — check official portal). This includes tuition waiver and requires 8–10 hours/week departmental duties. GATE-qualified full-time students are eligible. Other options include sponsored fellowships (e.g., QIP, higher amounts in select cases).