Home Newsroom Alumnus Gifts INR 10 Cr To IIT Delhi To Provide Free B.Tech Degrees To Meritorious Students

Alumnus Gifts INR 10 Cr To IIT Delhi To Provide Free B.Tech Degrees To Meritorious Students

Shamik Banerjee

0 min read

Alumnus Gifts INR 10 Cr To IIT Delhi To Provide Free B.Tech Degrees To Meritorious Students

0 min read

Table of content:

15 Scholarships for Students from EWS
Establishment of Faculty Chairs
Statement from IIT-Delhi

Dr. Amit Sinha, resident and member of the Board of Directors at Zscaler- a cloud-based information security company at Silicon Valley - gifted INR 10 Crores endowment to his alma mater, IIT Delhi. The donation came through the Amit and Deepali Sinha Foundation, a charity organization set up by Dr. Sinha and his wife to promote academic excellence, health, and wellness.

Scholar-o-pedia: Financial Aids & MBA Scholarships From IIMs And Other Top B-Schools

With the endowment, IIT-Delhi plans to establish a first-of-its-kind full-ride scholarship which will be given to the top 5 B.Tech candidates each year. It will cover all academic expenses for four years and the decision to award it will be based on the JEE Advanced score.

Note: Among the 5 scholarship positions, one will be reserved for the female candidate with the top JEE Advance rank.

15 Scholarships for Students from EWS

The endowment will also be used to establish 15 scholarships for students from economically weaker backgrounds. Financial aid will be provided to such students so that they can successfully complete their studies at the institute.

Two leadership-based awards will also be given from the endowment fund to 3rd-year students at the institute in order to assist them during internships/exchange programs.

“We both grew up in ordinary middle-class families in Jamshedpur, India. As I reflect on the journey that got me to where I am today, I am constantly reminded of how central IIT Delhi has been in shaping my life. Some of my most memorable years, deep friendships, and strong career foundations were forged on campus at IIT Delhi, for which I shall be eternally grateful,” Dr. Sinha said.

Establishment of Faculty Chairs

The endowment will also be used to establish a faculty chair in electrical engineering. In fact, Dr. Sinha was a student of the Electrical Engineering Department at IIT Delhi and completed his degree in 1998. Another faculty chair will be established in the Computer Science Department, an area of extensive research and development in present times.

Don't Give Up on Your Dreams: Here Are 5 Scholarships for Indian Students Planning to Study in United States!

The faculty chair in Electrical Engineering will promote research in areas such as wireless communication, renewable energy, nanoelectronics, among others. On the other hand, the chair in Computer Science Engineering will work on Artificial Intelligence, Cybersecurity, and Quantum Computing.

Statement from IIT-Delhi

Mr. Vinay Piparsania, CEO, IIT Delhi Endowment Management Foundation said, “Amit’s contributions to these programs will not only inspire students but become a testimony of excellence for the future generations to come.”

“I would like to thank Amit and Deepali Sinha for their generous endowment. Alumni contributions are an important resource to enhance an institution’s competitiveness in attracting both students and faculty. IIT Delhi is proud of such alumni who serve as role models for our students,” the Director of IIT-Delhi, Prof. V. Ramagopal Rao said.

He further added, “It is a testimony to the high regard they have for their institute and an acknowledgement of the role IIT Delhi has played in their careers. We wish them further success.”