Scholarship Guide | Best Grants Offered by IISc, IITs, AIIMS & Jadavpur Varsity Based on Means and Merit
Scholarship Guide | Best Grants Offered by IISc, IITs, AIIMS & Jadavpur Varsity Based on Means and Merit
Students should also look at non-traditional options as they are employment focussed and are relatively affordable. News18 brings you the grants offered by top-ranking universities and colleges

Studying abroad can be financially challenging for many meritorious students who often opt out due to the expensive course fee, visa charges, accommodation and food expenses. Therefore, scholarships help many to pursue their dreams.

News18 ‘Scholarship Guide’ brings the best and most prestigious grants for Indian students to study abroad, with most of them covering flight tickets, accommodation and course fee; and some also providing stipend.

Getting admission to a top-rated college is a dream of many Indian students. These institutes not only offer quality education but aids or grants to students who cannot afford them.

Dhriti Prasanna Mahanta, Vice-President, TeamLease Degree Apprenticeship, advised students to narrow down their course options before looking at the finance. “If a course is more employable, there are better changes of getting higher funding,” Mahanta said.

He also stressed on skilling and re-skilling with changing trends. “For India to become a superpower, it needs to focus on skilled education. India’s fiscal deficit cannot be resolved till its skills deficit is solved.”

He also suggested that students should look at non-traditional options such as apprenticeship programmes, which are offered in hybrid as well as online modes as these courses are employment focussed and are relatively more affordable as compared to brick-and-mortar based degrees. He also suggested that these non-traditional courses are getting more and more popular as hiring managers are shifting from degree to skill-based hiring.

Also Read | UG level scholarships India | PG Level scholarships India

News18 dives into top-ranking universities and colleges under the National Institute Ranking Framework (NIRF Rankings) and brings you the top colleges and their financial grants.

IIT Madras

It has been ranked as the best institute in India for five consecutive years. The IIT offers both government as well as private scholarships. Some of the top scholarships include the Institute merit-cum-means scholarship, institute free studentship, institute national prize, Girish Reddy scholarship, and Sir V Ranga Raju Memorial Scholarship among several others.

Who can apply: Students who have secured admission at the IIT by fulfilling all other requirements can apply. Those with family income less than Rs 4.5 lakh can apply for merit-cum-mean studentship grants. For Girish Reddy scholarship, candidates with Rs 5 lakh as family income can also apply.

Selection Procedure: Students are shortlisted based on merit. Their social and financial situation is also considered. Students also need to maintain a strong GPA of 5 or above to continue getting the scholarship. The institute’s merit-cum-mean scholarship covers 67% of the tuition fee while the Girish Reddy scholarship offers Rs 25,000 a year.

Where to apply: https://www.iitm.ac.in/academics/academic-services/scholarships-and-financial-assistance

At present, IIT Delhi, Bombay, and Kanpur rank third, fourth, and fifth in the country. Scholarships are pretty much common for all IITs and are granted based on JEE score and academic performance. Other grants are offered by the Ministry of Social Justice and Empowerment, Central Sector Scholarship for SC students, MHRD scholarship for single girl child, Pratibha scholarship of Government of Andhra Pradesh. Private scholarships include the Aditya Birla Scholarship, Inlaks Scholarship, OPJEMS, Shipping Corporation of India Scholarship, SSAN Ananya Educational Trust.

IISc Bengaluru

Ranked as the best university and research institute several times — The Indian Institute of Science (IISc) in Bengaluru currently holds second position in the overall category of the NIRF rankings. Students enrolled at IISc can apply for scholarships funded byCSIR, UGC, DBT, ICMR, MHRD, and AICTE among other government agencies. They also get private scholarships from GE, Infosys, IMB, HP, Tata, Philips, and Microsoft Bell Lab among others.

Who can apply: Students who get the admission can apply for the course. Candidates whose fee is sponsored by an employer or otherwise cannot apply for scholarships.

Selection Procedure: On joining the institute, students can inform the concerned government bodies and apply for the scholarship.

Where to apply: https://iisc.ac.in/admissions/fees-and-scholarships/

JNU Scholarships

Students can avail a wide range of scholarships at the Jawaharlal Nehru University (JNU), including the Ford Foundation Scholarship, which offers Rs 700 per month to students pursuing MA at the School of International Studies.

The Tendulkar Scholarship for students studying at the Centre for Social Science can get a stipend of Rs 400 per month. Similarly, the Jawahar Bhawan Trust Scholarship offers Rs 1,000 per month, and Prof. MJK Thavaraj MCM Scholarship offers a scholarship worth Rs 300 each month.

Who can apply: Students having scored admission at the varsity can apply. These are need and merit-based scholarships.

Selection Procedure: Students will be shortlisted based on merit. Financial status will also be verified.

Where to apply: https://www.jnu.ac.in/sites/default/files/MCMScholarshipProforma_0.pdf

AIIMS

The All India Institute of Medical Sciences (AIIMS) in New Delhi is the top-ranking institute among the medical colleges in India. Most of the means-cum-merit scholarships offered by the central government are available for the students shortlisted to study at the top-ranking college.

Many other centres such as AIIMS in Raipur offer stipend of up to Rs 15,000 to students pursuing MSc Nursing.

For MBBS aspirants, there are other options including INSPIRE scholarship offered by the Department of Science and Technology. This scholarship offers an annual grant of Rs 80,000.

Many private players such as ONGC offer scholarships. An MBBS aspirants can avail of Rs 48,000 per annum as part of the means cum merit scholarship offered by the corporation.

Similarly, Lila Poonawalla Foundation offers scholarships worth Rs 1 lakh per annum to female students pursuing MBBS.

Who can apply: Students who have cracked NEET and are eligible for admission by fulfilling other criteria can apply.

Selection Procedure: Scholarships are granted based on merit. Students’ financial status is also considered.

Where to apply: While the private scholarships can be availed by visiting the official website of the foundation or corporation, for government-offered scholarships, students can visit https://scholarships.gov.in/

Jamia Millia Islamia

The 12th-rank institute, as per the NIRF rankings, offers many scholarships to support student education. Jamia also has free-ships under which the entire education of deserving and meritorious students is funded by the college.

Several scholarships including Hakeem Abdul Hameed Scholarship, Hamdard Education Society Award for Brilliant Students are exclusive to the institute.

The Hamdard Education Society give a loan scholarship under which the amount can vary based on the course. The scholarship focuses on science, engineering, and medical courses but students of social science and economics are also considered.

Who can apply: Students who will be joining higher education from 2024 to 2025 can apply. The scholarship supports students from the Muslim faith.

Selection Procedure: In addition to marks, students’ creativity, leadership skills, and intellectual brilliance will also be considered.

Where to apply: https://jmi.ac.in/ADMINISTRATION/Dean-Students-Welfare/Scholarships

Government scholarships include AICTE Pragati scholarship, state-funded scholarships, APJ Abdul Kalam scholarship, and private aides by Reliance Foundation and others.

Jadavpur University

Jadavpur University was ranked 13th in the country as per the NIRF Ranking 2023. The university offers exclusive concessions and free-ships to students from low-income and middle-income families. Under the free-ship, the university reduces the tuition fee to half and even gives 100% concession.

Who can apply: Students who get admission by fulfilling all other criteria are eligible. They need to enroll in engineering or arts or science course at the varsity

Selection Procedure: Students will be selected based on need and merit.

Where to apply: http://www.jaduniv.edu.in/upload_files/scroll_info/1660124820.pdf

Other state-based scholarships include the West Bengal government’s Backward Classes Welfare Department, Women and Child Development social welfare scholarship, and WB Govt Higher Education Department scholarships for students enrolled at the varsity.

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