IIT Kanpur offers a variety of scholarships to support students financially, based on both merit and need. Notable scholarships include the Merit-Cum-Means (MCM) Scholarship, which provides a full tuition waiver and a monthly pocket allowance of Rs. 1000 for students with a family income less than Rs. 6 lakh per annum, requiring a minimum CPI of 6.5. The INSPIRE Scholarship offers Rs. 60,000 annually for BS students with a minimum JEE rank requirement.
SC/ST students receive a full tuition waiver and additional scholarships like the Free Basic Mess (FBM) scholarship covering mess charges. The Aditya Birla and KVPY scholarships are also available. Students can apply for education loans from on-campus SBI and UBI branches, which offer up to Rs. 20 lakh without collateral. IIT Kanpur aims to provide scholarships to at least 50% of its student population, with 800 out of approximately 3000 UG students currently receiving various scholarships.
Fees for general category students are approximately Rs. 1 lakh per semester, with concessions available based on family income and category.
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