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Scholarships & Loans

Fund your engineering education

Major scholarships, fee waivers and an education-loan EMI calculator in one place.

Fee & ROI calculator

Estimate the real cost of the degree (after scholarships) and how the average package pays it back, factoring in yearly salary growth.

Net degree cost
₹13.60 L
over 4 years
Payback time
1.3 yrs
to recover cost
10-yr take-home
₹1.52 Cr
post-tax earnings
Return on cost
11.2×
net gain ₹1.39 Cr

Assumes ~70% post-tax take-home and 8% yearly salary growth. These are rough projections — adjust the inputs for your situation. Loan interest, inflation and job switches will change the real numbers.

Education loan EMI calculator

Estimate your monthly EMI and total interest on an education loan.

Monthly EMI
₹13K
Total interest
₹2.98 L
Total payable
₹10.98 L

Many education loans offer a moratorium (no EMI during the course) and interest subsidies for eligible families — check the Vidya Lakshmi portal.

Scholarships & financial aid

National Scholarship Portal (NSP)

Varies
Govt. of India
Who: SC/ST/OBC/Minority & merit-cum-means

Single window for central & state scholarships.

Official portal

INSPIRE Scholarship (SHE)

₹80,000 / year
DST
Who: Top 1% in Class 12 pursuing science

For natural & basic sciences.

Official portal

Central Sector Scheme

₹12,000–20,000 / year
MoE
Who: Top Class-12 performers, income < ₹4.5L

Merit-based, renewable.

Official portal

Institute Free/Partial Tuition Waiver

Full / 2/3 tuition
IITs / NITs
Who: Family income < ₹5L (IIT) / as per institute

Auto-applied at admission for eligible categories.

Official portal

Merit-cum-Means (MCM)

Tuition + ₹1,000/mo
IITs
Who: Income < ₹4.5L, good CGPA

Top tier of institute aid.

Official portal

Pragati Scholarship (AICTE)

₹50,000 / year
AICTE
Who: Girl students in technical courses

Up to 2 girls per family.

Official portal

PM Vidyalaxmi / Education Loan Subsidy

Interest subsidy
Govt. of India
Who: Income-based, for higher education loans

Apply via Vidya Lakshmi portal.

Official portal

State Merit Scholarships

Varies by state
State Govts.
Who: Domicile students, merit/income based

Check your state's portal.

Official portal

Amounts & eligibility are indicative — always confirm on the official scholarship portal before applying.