NIRF #1 in Engineering
Indian Institute of Technology Madras
⚲ Chennai, Tamil Nadu · Government · Estd 1959
★ 4.9 · Updated on 12 Jul 2026
NIRF Rank
#1
Avg Package
₹22.0 LPA
Total Fees
₹8.5 L
Rating
★ 4.9
Fee Waivers & Institute Scholarships
- •Merit-cum-Means (MCM) waiver: family income below ₹1 lakh/year → full tuition waiver; income ₹1–5 lakh/year → two-thirds tuition waiver (covers a large share of UG students).
- •SC / ST / PwD students: complete tuition fee exemption; hostel-related concessions also apply.
- •Institute Merit Prize & Free Studentship: awarded for top academic performance each year.
- •Sports & cultural scholarships: for students representing the institute at national level.
Assistantships for PG & Research Students
| Programme | Assistantship |
|---|---|
| M.Tech (full-time) | HTRA ₹12,400/month |
| PhD (years 1–2) | ₹37,000/month |
| PhD (after upgrade) | ₹42,000/month |
| MS by Research | HTRA at par with M.Tech |
Assistantships require 8 hours/week of teaching/research assistance and effectively make postgraduate study at IIT Madras self-financing for most students.
External Scholarships
Students regularly combine institute waivers with national and private scholarships:
- •Central Sector Scheme of Scholarships (Ministry of Education)
- •State government post-matric and merit scholarships
- •Aditya Birla Group Scholarship (for top JEE ranks)
- •Reliance Foundation Undergraduate Scholarships
- •O.P. Jindal Engineering & Management Scholarships
- •Alumni-funded need-based grants administered through the Office of Alumni & Corporate Relations