Yes scholarship was given by college if any one get under 1000 rank then he/she got scholarship .And sc/st student got mbf scholarship par month 250rs .There is many scholarship.
Since it is an IIT, a lot of scholarships are available. Tuition fee waivers, scholarship for minorities and many other scholarships are avavilable. Also loans are easily available.
Major scholarship that I know of is merit-cum-means scholarship. It was given to meritorious students who did not fall in the financial creamy layer category. At my time it was Rs. 60k per annum. Other scholarships were provided to reserved category students such full tuition and mess fees waiver. Easy loan options were also available, but since fees were not very high, not many students took the loan.
Good scholarships are provided by Government of India for the students to study in the institute. SBI and UBI provide loans to the students for supporting their study.
Lots of scholarships by individual donors are provided, some of which are to the tune of 1 lakh by previous year pass outs of the college. Loan facilities are easy too as SBI has branch in campus and it gives loan very easily without much paperwork. Seniors also help in the process.
There are various scholarships provide by the institute and by the ministry of human resource development.
There are a lot of scholarship opportunities in the college for the deserving candidate. I myself availed the SCM scholarship, which is the most sought after scholarship of the college. It is due to the fact that your complete academic fee is relaxed. So, a college fee of 40,000 comes down to around 10,000. It is based on your parents' income status and your academic performance in the college.
Scholar Loans are very easily available to all the students who study here . Also College itself provides various scholarships to needy students. For example Various donor scholarships , Merit cum means scholarship etc.
Merit-cum-Means Scholarships for Undergraduate students. Students receive full tuition waiver, and pocket allowance of Rs 1000 pm for the duration of the program. This is merit based scholarship, hence, the recipients must maintain a minimum CPI of 6.5. However, if CPI falls below 6.5 (but remains above 6.0) then pocket allowance is withdrawn.
Merit cum means scholarship is provided by our campus which have some criteria to avail this scholarship. Right now criteria is your family income should be less than 6 LPA and your CPI (pointers) should be greater than 6. If you are eligible in under above criteria than you can apply for this scholarship and based on number of application they decide whom to give.