IIT Kharagpur has instituted eight new student grants for the autumn semester scheduled to start in August this year as a gaggle of alumni and their families have raised a corpus of over Rs 2 crore.
The institute has received generous grants from eight alumni and their families, who have come to the fore to support the scholars in need, consistent with a press release issued by IIT Kharagpur on Friday.
The aids are collectively valued at around Rs 2.25 crore which can be utilised to support undergraduate and postgraduate students of chemistry and various engineering departments through merit-based scholarships and awards, it said.
A memorandum of understanding was signed with the previous students and their families for instituting the grants at a recently-concluded virtual event, the institute said within the statement.
A key feature of those grants is that over Rs 65 lakh has been allocated for undergraduate female students exclusively.
IIT Kharagpur Director Prof VK Tewari congratulated the previous students for his or her contributions.
