| Merit-cum-Means | Based on academic performance and family income | 100000 | Limited | UG/PG students of IIT Bombay with good academic record and family income within prescribed limit |
| Institute Merit Scholarship | Top academic performers in each program | 150000 | Limited | UG/PG students with excellent academic performance |
| SC/ST Scholarship | Reserved category support as per Government norms | 120000 | As per intake | Students belonging to SC/ST categories admitted to IIT Bombay |
| Institute Free Studentship | Based on financial need | Full or Partial Fee Waiver | Limited | Students whose family income is below the institute’s specified threshold |
| Research Fellowship (PG/PhD) | Research involvement and academic merit | 310000 | As per availability | M.Tech, M.Sc, and PhD students meeting academic and research criteria |
| External / Corporate Scholarships | Sponsored by PSUs, trusts, and corporates | Varies | Limited | Eligible IIT Bombay students meeting sponsor-specific criteria |
| Merit-cum-Means | Based on academic performance and family income | 100000 | Limited | UG/PG students of IIT Bombay with good academic record and family income within prescribed limit |
| Institute Merit Scholarship | Top academic performers in each program | 150000 | Limited | UG/PG students with excellent academic performance |
| SC/ST Scholarship | Reserved category support as per Government norms | 120000 | As per intake | Students belonging to SC/ST categories admitted to IIT Bombay |
| Institute Free Studentship | Based on financial need | Full or Partial Fee Waiver | Limited | Students whose family income is below the institute’s specified threshold |
| Research Fellowship (PG/PhD) | Research involvement and academic merit | 310000 | As per availability | M.Tech, M.Sc, and PhD students meeting academic and research criteria |
| External / Corporate Scholarships | Sponsored by PSUs, trusts, and corporates | Varies | Limited | Eligible IIT Bombay students meeting sponsor-specific criteria |