Students at IIT Kharagpur
can take the financial assistance from the institute and can return it back to the institute once they are capable of. Top JEE Advanced
scorers can apply for the “Learn-Earn-Return
” scholarship which gives the recipient of Rs 10,000 per month for four years. However, the students need to maintain a CGPA of 9 throughout and take the pledge to give back the same to the Institute once they are capable of.
Types of Financial Assistance
, in fact, provides the students with need-based financial assistance.
For all the meritorious students whose annual family income is less than Rs 6lakh, there is tuition waiver or can be named as the monthly scholarship, even free for the mess facility, free hostel and the pocket allowance for the underprivileged for the same.
The financial aid is also not denied with those who join from the upper-middle-class families. The Tower Research Capital India Scholarship, for instance, does not take into account the economic criteria at all. Endowment scholarships such as the Ritesh Ranjan Memorial Scholarship, have been relaxed the cut-off limit for the merit-cum-means scholarships.
Since the Institute believes in the all-round development of the students, there are also scholarships- such as the Sushma Mukhija Memorial Scholarship or the Vinod Gupta Leadership scholarship that lend to take into the account students’ participation in the sports and the extra-curricular activities. Close to the 1,000 students at IIT Kharagpur receive the financial assistance from the various of the corporations, the relevant foundations, and the external agencies, all of them are targeted at the rewarding merit.
The Institue, however, goes on the one step ahead and also offers to the financial support along with the alumni for the participation in the international competitions such as the Solvay Business, Hult Prize, etc. Further, the IIT KGP
Foundation USA offers to fund for international internships up to an amount of 3000 dollars in order to groom the students for the professional world.
Students can look forward to financial assistance in the research even at the UG level as the Institute aims to inculcate the culture of research early on among students. Besides, there are the fellowships for research projects and special grants for incubated entrepreneurship projects.
The perks that students can look for the forward to at IIT Kharagpur are not merely financial. They are mentored by the IIT KGP alumni, groomed professionally by the Institue for placements and receive invaluable professional experience by being part of student societies which participate in various institutional events and projects. Not surprisingly, students come out with flying colors at national and international meets.
While students have won international awards like Honda Young Engineer and Scientist’s (Y-E-S) Award for 2018-2019. Best of Presentation Award at the Third International Conference on Machine Learning and Soft Computing, sixteen young alumni from the Institute have the featured by the Forbes magazine for their 30 under 30 prestigious listings for India and for Asia.