Here I am giving complete information related to Merit- cum- Means (MCM) Scholarship offering by IIT Bombay:

IIT Bombay Merit- cum- Means (MCM) Scholarship
Rs.1000/ per month with benefit of free tuition fee per semester to a maximum of 25% of sanctioned Intake of undergraduate students. For Dual degree, it is available only upto the 4th year. For these scholarships, academic merit as well as means will be taken into account to determine eligibility.

Minimum Criteria to Apply
For new entrants [B.Tech, dual degree (B.Tech + M.Tech)] their JEE AIR & for B.Des their UCEED Rank will be the criterion. In case of students joining the 2 year M.Sc. programme, their performance in the admission test and interview will be considered for determining merit. In subsequent years, the corresponding criterion will be their academic performance during the preceding academic year.

Means Criterion
The parental income is the basis for the `means' criterion of the scholarship.

At present students whose parents annual gross income from all sources does not exceed Rs.4,50,000/ , are eligible to apply for Merit-cum-Means Scholarship.

No fresh Income proof will be required for renewal of the scholarship in the subsequent years, till the completion of the programme to which the student is admitted.

The scholarship will be renewed on a yearly basis provided the student fulfills all the terms and conditions for renewal of the scholarship.

For more information, contact to:
Name: Prof. Amitava De
Deg: Dean of Academic Programmes
Email id : dean.ap@iitb.ac.in, amit@iitb.ac.in
Tel : (+91-22) 2576 7040
Tel PA : (+91-22) 2576 7049