IIT Bombay and Kotak Education Foundation (KEF) have joined forces to introduce the Kotak Kanya-IIT Bombay Scholarship, a significant initiative aimed at supporting female students from underserved backgrounds at IIT Bombay. This scholarship provides Rs 2.85 lakh annually until the completion of their professional degree courses, ensuring that financial constraints do not hinder their educational aspirations.

To be eligible for this scholarship, applicants must meet specific criteria:
The scholarship adopts a holistic approach to prepare students for the professional world. This includes:
Eligible candidates are those who have secured admission to the first year of graduation programs at IIT Bombay for degrees such as BTech, BS, BDes, and integrated Master's programs for the academic year 2024-25. Additionally, applicants must rank within the top 20,000 in the JEE Advanced examination.
Beyond financial aid, KEF provides engineering and medical students with valuable resources:
The scholarship also emphasizes the overall development of scholars through various student engagement activities designed to enhance their readiness for professional challenges. These activities aim to cultivate well-rounded individuals who are prepared for the demands of the professional world.
This collaboration between IIT Bombay and KEF marks a significant step towards empowering women from underserved communities. By providing essential financial and developmental support during their academic pursuits, the initiative underscores the importance of supporting meritorious girls in achieving their educational goals and preparing them for future professional success.