| Institute Merit-cum-Means (MCM) | Family income ≤ ₹4.5 lakh per annum | Tuition fee exemption + ₹1,000 per month stipend | Limited (category-wise) | Indian nationals, UG students, minimum CGPA as prescribed by IITM |
| Institute Merit Scholarship | Academic excellence based on CPI | Tuition fee exemption | Limited | UG students with top CPI in the program |
| SC/ST Scholarship | Social category-based support | Free messing + pocket allowance | As per SC/ST intake | SC/ST category students admitted to IITM |
| Institute Free Studentship | Family income ≤ ₹4.5 lakh per annum | Tuition fee exemption | Limited | UG students meeting income and academic criteria |
| National Scholarship (Govt.) | As per Government of India norms | As per scheme rules | As notified | Eligibility as per respective national scholarship schemes |
| External / Private Scholarships | Donor-specific academic or need-based criteria | Varies (25,000 – full tuition) | Varies | As per donor guidelines and institute approval |
| Institute Merit-cum-Means (MCM) | Family income ≤ ₹4.5 lakh per annum | Tuition fee exemption + ₹1,000 per month stipend | Limited (category-wise) | Indian nationals, UG students, minimum CGPA as prescribed by IITM |
| Institute Merit Scholarship | Academic excellence based on CPI | Tuition fee exemption | Limited | UG students with top CPI in the program |
| SC/ST Scholarship | Social category-based support | Free messing + pocket allowance | As per SC/ST intake | SC/ST category students admitted to IITM |
| Institute Free Studentship | Family income ≤ ₹4.5 lakh per annum | Tuition fee exemption | Limited | UG students meeting income and academic criteria |
| National Scholarship (Govt.) | As per Government of India norms | As per scheme rules | As notified | Eligibility as per respective national scholarship schemes |
| External / Private Scholarships | Donor-specific academic or need-based criteria | Varies (25,000 – full tuition) | Varies | As per donor guidelines and institute approval |