Are there any criteria for fee reduction at IIITM Gwalior for an eligible student with a weak financial background?

Yes, there are quite a few options available for fee reductions for students from a financially weak background. Most students are not aware of this for some reason. These are mainly given out in the form of scholarships or fee waivers and a lot of them are based on your JEE Mains rank and your family’s income.

• If you are from the SC or ST category, your entire semester’s tuition fee will be waived off. 
• Now, if you belong to the OBC or General Category, some other scholarships are available as well. These include some state as well national scholarships that are available. 
• Other than this, the institute itself offers a Merit cum Means scholarship to candidates from a weak financial background. This scholarship is given to 10% of students from the batch. It includes a monthly allowance of INR 1000 for any expenses as well as a complete tuition fee waiver.
• Also, don’t miss the chance of applying to the Merit Cum Means scholarship within the first month of your admission. You will definitely regret this later. This scholarship is given only once and if you do bag it, you will definitely benefit from it for the next four to five years at least. Once this chance is gone, no other cases are considered. If you are interested in applying for it, you should contact the Deputy Registrar of the institute.

Just ensure that you have good JEE rank because scholarships are given based on that.