The IIT Kharagpur (IIT KGP) is instituting several new student awards and scholarships from the semester beginning this month as alumni and corporate partners have come forward to support undergraduate students on merit basis towards their academics and research, a statement said on Tuesday.
"We have observed that the lower cut off for economic background of students for existing scholarships and awards are at such a threshold that students falling in marginally higher category do not qualify for those benefits while considering the cost of living, they too need some sort of financial support" said Subrata Chattopadhyay, Dean, Alumni Affairs at IIT Kharagpur.
He also said the threshold of the current family income upto Rs 10 and Rs 15 lakh per year has been "increased purposely" to accommodate more students for these scholarships.
The institute is working with departments and alumni to raise more funds for supporting students' initiatives, the statement said.
"It will also be funding research at undergraduate level from its endowment fund built out of alumni donations over the years," it added.
--IANS
bdc/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
