IIT Guwahati offers several scholarships to support both undergraduate and postgraduate students. These include the Institute Merit Scholarship (IMS) for class toppers, the Merit-cum-Means (McM) Scholarship based on financial need and academic performance, and SC-ST Scholarships for economically disadvantaged SC/ST students. Benefits include monthly stipends, tuition fee waivers, free hostel room rent, and basic menu meals. Scholarships are granted for two semesters, covering eight months.