Merit-cum-Means Scholarship, IIT Bombay 2026‑27

The Merit-cum-Means Scholarship (MCM) is IIT Bombay’s main scholarship for undergraduates, and the institute runs it. The institute pays Rs. 1,000 a month and waives tuition each semester for up to a quarter of its sanctioned undergraduate intake. Eligibility rests on two tests, academic record and family income.

This page covers the 2026-27 session. The official text available for this page gives two different family income limits, and it does not give a closing date for 2026-27. The sections below show what the sources say and where they differ.

What you get

The scholarship is a monthly stipend of Rs. 1,000 with free tuition fee each semester. The official page does not state the rupee value of the tuition waiver, so this page does not give one. For dual degree programmes, the scholarship runs only up to the fourth year.

Who can apply

• Family income: The institute page sets the limit at Rs. 4,50,000 of parental gross income from all sources. Parents’ annual gross income from all sources must not exceed Rs. 4,50,000 for students to apply. A later Academic Office document for named scholarships sets the same means test at Rs. 5,00,000, using income for the previous financial year (for the 2024-25 session, 1st April 2023 to 31st March 2024). Check the 2026-27 memorandum for the figure that applies to you.
• Entrance rank: New entrants to B.Tech, dual degree and 4-year B.S. are ranked on JEE AIR, B.Des entrants on UCEED, and 2-year M.Sc entrants on JAM rank.
• Course and institution: Undergraduate students of IIT Bombay. The scholarship is for the programmes named above.
• Not stated: The pages available for this page do not set rules on age, domicile, category or marks beyond the rank tests, and they do not list who cannot apply.

How to apply

The pages available for this page do not list the portal steps. The Academic Office lists an Office Memorandum of Scholarships and Remission of fees for UG and M.Sc students for the Academic Year 2026-27 on its circulars page. A separate Phase B memorandum is also listed there. Read the memorandum for the application steps and the portal link before you apply.

Documents you need

• When you apply for the first time, you need an income certificate from a Revenue Officer not below the rank of Tehsildar, or the Income Tax Return for the preceding year.
• Each year, a copy of the Parental Income Certificate from the competent authority in your state or Union Territory for the preceding year must go with the application.

How students are selected

Academic merit and means are both taken into account to decide eligibility. For a first-year student, the entrance rank is the merit test. In later years, the academic performance of the preceding year is the merit test. The means test uses the parental income as the basis for the means criterion. The award goes to no more than a quarter of the sanctioned intake.

Renewal

• Students must submit income proof every year, and the award is decided after the family income is checked.
• A student whose parental income falls below the limit during the programme can be considered from the month in which that happens, with fresh income proof.
• The pages available for this page do not give the grade or CPI needed to renew.

Important dates

The Academic Office lists a 2026-27 memorandum and a Phase B memorandum on its circulars page. The text available for this page does not give a closing date for 2026-27, so check the memorandum and the Academic Office circulars page for the last date.