The Institute of Information Technology and Management (IIT&M) in Delhi offers a variety of scholarships based on merit to support high-achieving students in their academic pursuits. These scholarships are categorized into Pre-Admission Scholarships and In-house Scholarships. The former is granted to prospective students applying to IIT&M, while the latter is assigned to students already enrolled at the institution based on their academic performance.
IIT&M - Pre-Admission Scholarship
Eligible candidates for pre-admission scholarships include those applying to the MBA, B.Com (Hons.), BCA, and BBA programs at IIT&M. Online sanction is required prior to listing IIT&M as their first preference. The amount and eligibility for these scholarships vary based on the course and the student's prior academic performance or rank, as detailed below:
| Scholarship | Eligibility | Percentile | Amount |
| MBA | Aggregate Marks at Graduation Level | 86% and Above | INR 75,000 |
| B.Com (Hons.) | Aggregate Marks in Class XII (Excluding optional subjects) | 91% & above | INR 40,000 |
| - | CET Rank | B.Com(Hons.): 1 to 500 | INR 60,000 |
| - | - | B.Com(Hons.): 501 to 1000 | INR 40,000 |
| BCA | Aggregate Marks in Class XII OR CET Rank (Excluding optional subjects) | Either 91% & above in Class XII OR CET Rank 1 to 300 | INR 40,000 |
| BBA | Aggregate Marks in Class XII (Excluding optional subjects) & CET Rank | 91% & above in Class XII or CET Rank 1 to 500 | INR 60,000 |
| - | - | 80% & above in Class XII or CET Rank 5011 to 1000 | INR 40,000 |
IIT&M - Liberal Need Cum Merit Scholarship
The Liberal Need-Cum-Merit Scholarship is another financial aid option offered by IIT&M. Interested candidates are requested to reach out to the College Bursar, Mr. Ganesh Wadhwani, personally before stating their intention to apply to IIT&M.
IIT&M - In-house Scholarships
IIT&M offers a range of In-house scholarships intended to acknowledge and motivate students who show exceptional academic performance in their University examinations. The scholarships, detailed below, are awarded based on several parameters including program-wise rank, subject-wise performance, and exemplary performance at the University level:
| Scholarship | Amount |
| Program-wise university Rank Holders up to the first three positions | INR 25,000 (Annual) |
| Program-wise Toppers (Other than the university Rank Holders) | INR 15,000 (Annual) |
| Subject-wise University Toppers | INR 500 (Semester-wise) |
| Program-wise University Toppers Mata Leelawati Gold Medal (5gms, 24K Gold) | - |
| University Exemplary Performance awardees | INR 10,000 |