What is the Real Cost of Studying at IIT?
The IIT institutes are renowned for offering outstanding academic and employment prospects, making them highly sought-after institutes for engineering education.
Candidates must first pass the JEE Mains exam and then the JEE Advanced exam in order to be admitted to an IIT. They can then apply for admission to an IIT if they are successful.
The cost of attending the various IITs in India frequently piques the interest of prospective students. Let’s find out the IIT total fees for 4 years for prospective students.
- IIT Fee Structure
- Main Components of IIT Fee Structure
- Fee Benefits: How to reduce the fees?
- Top 10 Most Competitive IIT Courses in India
- Scholarships by IITs
- Admissions & Cut-offs for IIT Courses
- Available scholarships for engineering
IIT Fee Structure
The IIT total fees for 4 years for a B.Tech. are as follows:
|*Fees for (General and OBC candidates) in Rs.
|*Total Fee (SC/ST candidates) in Rs.
|IIT Punjab (Ropar)
|IIT Rajasthan (Jodhpur)
The new pricing structure for IIT Bombay is shown below
IIT Bombay is one of the toughest IITs to crack. Here are the IIT Bombay total fees for 4 years:
|Caution money (refundable)
|Extra (Annual fees)
The cost of the dorm and the meal plan per semester
|Mess caution fee (refundable)
|Hostel Seat Rent
|Electricity and water fee
|Hostel Subsidy fee
|Hostel Establishment fee
Most expensive colleges in India
Main Components of IIT Fee Structure
Studying at an IIT comes with a fee structure that encompasses several components. Understanding these components is crucial for students and parents to effectively plan their finances. Let’s explore the key elements of the IIT fee structure.
- Tuition Fee: This is the primary cost of attending courses at an IIT and varies based on the year of enrollment. It covers the expenses associated with world-class education and academic resources.
- Examination Fee: This fee covers the cost of conducting examinations, ensuring a fair and standardized evaluation system for students.
- Hostel Fee: The hostel fee includes charges for hostel establishment, seat rent, and a subsidy. IITs provide comfortable and conducive hostel facilities for students, fostering a vibrant campus life.
- Caution Money: At the time of admission, students are required to pay a refundable deposit known as caution money. This deposit acts as a security against any potential damages during the course of their stay at the institute.
- Contribution to Hostel Subsidy: IITs are committed to providing subsidized hostel facilities to their students. This fee helps support the maintenance and management of these hostels, ensuring affordable accommodation options.
- Electricity & Water Charges: To ensure a comfortable living environment, the charges for electricity and water usage in the hostels are included in the fee structure. This enables students to focus on their studies without worrying about additional expenses.
- Gymkhana Fee: IITs offer a range of sports and recreational facilities to promote holistic development among students. The gymkhana fee covers the expenses associated with these facilities, encouraging students to engage in physical activities and pursue their passions.
- Medical Fee: The well-being of students is of utmost importance to IITs. The medical fee is designed to cover the cost of medical facilities and services provided on campus, ensuring prompt healthcare support whenever required.
It is important to note that while these components form the core of the IIT fee structure, slight variations may exist between different IITs.
To obtain accurate and up-to-date information, we recommend referring to the official websites of the respective IITs.
Fee Benefits: How to reduce the fees?
IITs understand the financial challenges faced by students and strive to provide fee benefits that reduce the burden. These benefits, subject to eligibility criteria, vary across institutes. Let’s explore some common fee benefits offered by IITs.
- Fee Waivers: IITs may offer partial or full fee waivers to students from economically disadvantaged backgrounds. This initiative ensures that deserving students have access to quality education without financial constraints.
- Scholarships: Meritorious students who exhibit exceptional academic performance may be eligible for scholarships. These scholarships recognize and reward their achievements, providing further motivation to excel.
- Financial Aid: IITs extend financial assistance to students who face challenging financial circumstances. Such aid aims to support deserving students in pursuing their academic aspirations, regardless of their economic background.
- Tuition Fee Benefits: Some IITs offer specific tuition fee benefits to students from particular categories or reserved quotas. These benefits aim to foster diversity and inclusivity within the IIT community.
To avail of these fee benefits, students are advised to carefully review the specific offerings of the IIT they are interested in and ensure they meet the eligibility criteria.
Top 10 Most Competitive IIT Courses in India
IITs are renowned for offering a wide range of courses across various disciplines. These courses equip students with the knowledge and skills required to excel in their chosen fields. Here, we present a sample of the top courses offered by IITs:
- Bachelor of Technology (B.Tech) in Computer Science and Engineering
- B.Tech in Electrical Engineering
- B.Tech in Mechanical Engineering
- B.Tech in Civil Engineering
- B.Tech in Chemical Engineering
- B.Tech in Aerospace Engineering
- B.Tech in Biotechnology
- B.Tech in Electronics and Communication Engineering
- B.Tech in Metallurgical and Materials Engineering
- B.Tech in Industrial Engineering and Management
It is important to note that this is just a glimpse of the diverse disciplines and specializations available at IITs. Students can explore a wide array of options and select the course that aligns with their interests and aspirations.
Scholarships by IITs
IITs provide scholarships to deserving students, acknowledging their remarkable achievements and supporting their educational journey. Scholarships are awarded based on various criteria, including academic performance, financial need, and category-based reservations. Let’s explore some scholarships offered by IITs:
Institute Merit-cum-Means Scholarship: This scholarship recognizes students who excel academically and demonstrate financial need. It aims to support their education and ensure they have access to the necessary resources.
SC/ST Scholarships: IITs offer scholarships specifically for students belonging to Scheduled Castes (SC) and Scheduled Tribes (ST) categories. These scholarships promote inclusivity and equal opportunities for all.
OBC-NCL Scholarships: Scholarships are available for students belonging to Other Backward Classes (OBC) – Non-Creamy Layer category. These scholarships enable students from diverse backgrounds to pursue their dreams without financial constraints.
PwD Scholarships: IITs provide scholarships to students with disabilities (PwD), empowering them to overcome challenges and fulfill their academic potential.
In addition to these scholarships, IITs also facilitate external scholarships offered by various organizations and government schemes.
Students are encouraged to visit the official websites of individual IITs to gain detailed information about scholarships and the application process.
Admissions & Cut-offs for IIT Courses
Admission to IITs is highly competitive and is based on performance in the Joint Entrance Examination (JEE) Advanced.
The cut-off marks for admission vary each year, influenced by factors such as the number of applicants and the difficulty level of the exam. Here are some key points regarding admissions and cut-offs for IIT courses:
JEE Advanced: Only candidates who qualify in the JEE Main examination are eligible to appear for JEE Advanced, which serves as the entrance exam for IITs. The JEE Advanced exam evaluates students’ aptitude and readiness for rigorous academic programs.
Rank-based Selection: Admissions to IITs are based on the All India Rank (AIR) obtained in JEE Advanced. The ranking system ensures a fair and transparent selection process, allowing deserving candidates to secure their seats in their preferred IITs.
Category-wise Cut-offs: IITs have separate cut-off ranks for different categories, including General, OBC-NCL, SC, ST, and PwD. This ensures equitable opportunities for students across various social backgrounds.
Counseling Process: Candidates who meet the cut-off criteria are eligible for counseling and seat allocation through the Joint Seat Allocation Authority (JoSAA). The counseling process helps students secure admission to their preferred IITs and courses based on their ranks and choices.
Seat Matrix: The number of seats available in each IIT and course is determined by the seat matrix, which is released by the authorities. The seat matrix provides students with insights into the availability of seats and aids them in making informed decisions.
Aspiring students are advised to stay updated with the official websites of IITs and JEE Advanced for the latest information on admissions and cut-offs.
Available scholarships for engineering
1. MOMA Scholarship
The Ministry of Minority of Minority Affairs sponsors the MOMA Scholarship, a merit-based financial aid award.
This grant is intended for minority students who display outstanding academic performance but have limited financial resources.
Candidates from the minority community include Muslims, Sikhs, Christians, Zoroastrians, Buddhists, and Jains. Students at the Indian Institutes of Technology are reimbursed for their whole tuition costs. In the minority community, girls make up 30% of scholarship recipients.
2. The North-South Foundation Scholarship
Undergraduate students seeking admission to engineering, medicine, or diploma programs can apply for scholarships from the North-South Fund.
If a candidate’s family income is less than 90,000 annually and they scored in the top 10% on their state CET, 10th, and 12th-grade examinations, they are eligible for the award (Common Entrance Test).
Students coming from government schools, and colleges, and applying to government undergraduate colleges are given preference.
3. Golden Jubilee Scholarship from LIC
The scholarship is awarded to applicants whose annual household income does not exceed 1,00,000. It is offered during the entire semester. A total of 10,000 is offered in 10 installments (at a rate of $1,000 per month).
4. Scholarships from the UGC for Rank Holders
Scholarships are offered by the University Grants Commission (UGC) to students in an effort to advance higher education in the nation.
This is awarded to individuals who finished first and second in their undergraduate colleges and are enrolled in post-graduate coursework.
5. Google Anita Borg Scholarship
Only female applicants are eligible for this scholarship. It is offered to women studying graduate and postgraduate studies in the sciences.
The decision is made based on leadership abilities and academic achievement.
Are all IITs in India supported by the government?
Certainly, the IIMs have received financial support from the Ministry of Human Resources and Development, but this has no bearing on policy choices or regular business.
What is the cost of a B.Tech in CSE at IIT Bombay?
A BTech in CSE at IIT Bombay costs approximately INR 8.55 lakhs for the entire program.
What is the most a student from India can borrow for a college loan?
The maximum amount for an education loan for graduate studies is Rs. 75 lacks. Depending on the circumstances, the loan’s amount fluctuates.
Additionally, the bank has complete control over the repo rate spread. Throughout the loan’s term, the spread could alter.
Does IIT Madras offer a B.Sc. in Programming & Data Science program on campus?
There is no similar on-campus program. This curriculum has been painstakingly created by IIT Madras to be entirely online.
Is free enrollment at IIT possible?
Admission to IITs requires payment of tuition. Only those who have passed JEE Mains are eligible to take the IIT JEE Advanced exam, which is required for admission to IITs.
IIT tuition fees vary by student, but a B. Tech should cost about Rs. 10 lakhs.