The invention discloses an internal cooling grinding wheel. A grinding wheel body is of a bowl-shaped structure, a cutter handle is arranged on the grinding wheel body, grinding particles are distributed below the cavity wall of the grinding wheel body evenly, a cooling liquid cavity is formed in the cutter handle end of the grinding wheel body and sealed by a round plate, and a cooling liquid injection hole is formed in the round plate. A center through hole is formed in the cutter handle and through the center cavity of the grinding wheel body. Cooling liquid channels are distributed in the cavity wall of the grinding wheel body evenly, inlets of the cooling liquid channels are positioned in the cooling liquid cavity of the grinding wheel body, and jet ports of the cooling liquid channels are positioned between two adjacent grinding particles. The internal cooling grinding wheel has the advantages that by means of a supercharging device, cooling liquid is injected through the injection hole and jetted out through the positions between two adjacent grinding particles by means of pressure, gravity and centrifugal force during rotation of the grinding wheel, the temperature of grinding regions is decreased remarkably, grinding burn is avoided, full cooling is achieved, and therefore, the internal cooling grinding wheel is a practical and efficient grinding tool.