IIT Madras Data Science Scholarship: Based on merit and need (family income less than ₹5–8 lakh), IIT Madras BS Data Science MCM Scholarship offers a full fee waiver. The prerequisites for eligibility are uploading and submitting income documents (ITR, affidavit) through the online degree portal. The benefits are term-specific and depend on the academic level (CGPA/SGPA).
IIT Madras Merit-cum-Means Scholarship, BS Degree/Diploma in Data Science and Applications is a flagship scheme designed to enable all eligible students to pursue this highly flexible online degree programme. With multiple entry and exit points (Certificate, Diploma, BSc and BS degrees), the scheme is designed to empower students from economically disadvantaged backgrounds and foster diversity. Students with a family income of less than ₹5,00,000 are the main target audience for the scholarship, which is awarded on the basis of merit-based and average criteria. However, depending on the availability of funds, students from Economically Weaker Sections (EWS) earning up to ₹8,00,000 may also be considered.
Recipients of this scholarship are provided with full course fees and other related benefits. This financial assistance, often generously provided by IIT Madras alumni and business partners like Cargill, is provided semester-wise, as long as the student maintains the required minimum performance in the course from the previous semester. Along with reducing the cost of the entire BS course fee (approximately ₹3.51 lakh), this model acts as a strong incentive for students to maintain the excellent academic standards required for an IIT Madras degree.
How to Apply for IIT Madras Scholarship?
The application process for the IIT Matric-cum-Means Scholarship for BS Degree/Diploma in Data Science is covered on the student portal. The application can be guided through the following six steps:
- Join the BS Degree/Data Science and Applications programme at IIT Madras after successfully completing the eligibility process.
- Check Eligibility Status: Before submitting the application, check the official scholarship criteria and ensure that your family’s annual income is below the eligibility limit, which is generally less than ₹5–8 lakhs.
- Access the online form: Enter your student credentials to access the Financial Aid/Scholarship section of the IIT Madras online degree portal, and then open the online application form.
- Complete Financial Disclosure: Provide a complete financial disclosure of your family’s assets and income, including any additional scholarship support you may have received, in the application form.
- Upload Income Documents: To verify the reported family income, upload the required documents like Income Tax Return (ITR) and Notarized Income Affidavit of your parent or guardian.
- Submit and Maintain Performance: Submit the complete application before the deadline. You must maintain the required minimum academic performance (CGPA/SGPA) to be eligible for subsequent quarterly scholarship payments.
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