Awards and Scholarships
Education must never succumb to mere finances. A big portion of IIT (ISM) students avail scholarships of one kind or the other, provided by the government or by the Institute's Alumni Associations, so that no student misses off a chance to knowledge due to economic shackles.
Important Notices -
- Date of announcement -: For Existing Students – In June Every Year
For Newly Admitted 2024 Students – In July Every Year
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a) MCM Scholarship
- No. of scholarships -: 25% Scholarship and 10% Free-ship
- Sponsoring agency -: IIT (ISM) Dhanbad
- Discipline -: All Disciplines
- Scholarship Amount-: 25% students will get tuition fee refund + 10000/- Rs. & next 10% students will get only tuition fee refund.
- Criteria for existing students only -: On merit cum means basis, gross family income less than or equal to 6 lakhs & CGPA score greater than or equal to 6
- Criteria for Newly Admitted 2024 Students only -: On merit cum means basis, gross family income less than or equal to 6 lakhs & his/her rank basis
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b) Tuition Fee Waiver (TFW)
- Sponsoring agency -: IIT (ISM) Dhanbad
- Discipline -: Only JEE advanced Admitted Students up to 4th year.
- Type of Awards -: 100% TFW & 66.67% TFW .
- Eligiblity Criteria -: For 100% TFW = gross family income should be less than Rs. 1 lakh & for 66.67% TFW = gross family income is equal to or in between 1 lakh to Rs 5 lakh.
Important Notice -
- Date of announcement -: In December every year
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a) Budhwanti Mrig Memorial Educational Scholarship
- No. of scholarships -: 02 (Only for Girl student)
- Scholarship Amount -: Rs. 6000/- per month
- Gross Family Income Limit-: Rs. 10, 00, 000/- per annum.
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b) Atlas Copco Scholarship
- No. of scholarships -: 01
- Scholarship Amount -: Rs. 3000/- per month
- Gross Family Income Limit-: Rs. 03, 00, 000/- per annum.
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c) Indrajeet & Satyawati Badhwar Scholarship
- No. of scholarships -: 01
- Scholarship Amount -: Rs. 1000/- per month
- Gross Family Income Limit-: Family Income not liable to income tax assessment.
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d) ISS Scholarship
- No. of scholarships -: 01
- Scholarship Amount -: Rs. 1500/- per month
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e) S. L. Sehgal Memorial Scholarship
- No. of scholarships -: 02
- Scholarship Amount -: Rs. 500/- per month
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f) Paritosh Pathikrit Endowment Scholarship
- No. of scholarships -: 01
- Scholarship Amount -: Rs. 500/- per month
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g) Ishan Rajvanshi Merit Scholarship
- No. of scholarships -: 03
- Scholarship Amount -: Rs. 1000/- per month
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h) S P Banerjee Scholarship
- No. of scholarships -: 03 (only for girls, i.e. One each from 2nd,3rd & 4th year)
- Scholarship Amount -: Rs. 90, 000/- per annum
- Gross Family Income Limit-: Rs. 10, 00, 000/- per annum.
Important Notice -
- Date of announcement -: In February every year
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Benevolent Fund
- No. of scholarships -: No Limit
- Scholarship Amount -: 50% of annual Tuition Fee Paid or Rs. 50,000/- whichever is less
- Gross Family Income Limit-: Rs. 02, 00, 000/- per annum.
Important Notice -
- Date of announcement -: In December every year
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Sandvik Scholarship
- No. of scholarships -: 12
- Sponsoring agency -: Sandvik
- Discipline -: 2nd year B.Tech & Dual Degree of Mining Engg.
- Scholarship Amount-: 01 lakh per annum
- Family Income Limit -: Rs 6,00,000 per annum
Download Scholarship Calendar .