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IIT Bombay - Fees and Scholarships

This section provides details of the fees, scholarships, fellowship and summer internship scheme.

FEES

UG Level Programme

The present fee structure (in Indian rupees) of different Institutes is given in the tables below, however, the exact fee structure is provided at the time of counseling. The tuition fee for foreign students is USD 2000 per semester.
  Bombay
One time payment 1525
Payable every semester 17950
Medical insurance premium 3000
Refundable caution deposit 126
Total fees payable at the time of admission 22601

PG Level Programme for Working Professionals

The registration for the course(s) can be done at the CEP office. At the time of registration, the candidate should also pay the course fees of Rs. 6,000/- (Rs. Six thousand only) per course, payable by way of Demand Draft in favour of "Registrar, IIT Bombay, (CEP Account)". (The fees cannot be refunded once the registration is done).

MDP Course on Resource Mobilization for NGOs

Rs.30000/- per participant, (if a NGO sends more than one participant then fees applicable will be Rs. 25000/- per participant) covers, tuition, course material, registration, lunch, tea/coffee served during the programme days. The course is non residential and accommodation will not be provided on IIT Bombay campus to the participants. Participants will make their own arrangements of transportation to and from SJMSOM to their destinations. The fees are payable in advance by demand draft drawn in favour of .Registrar, IIT Bombay. All payments should be sent to SJMSOM through SOSVA.

A prize is awarded to the participant by SOSVA, for the most successful strategy adopted by him/her in his/her organisation, post 12 months of course completion.

IIT Bombay Research Fellowship Scheme

  • The awardees are selected on the basis of their academic record followed by an interview, and a written test. They are required to work on research projects for a minimum period of two years in different Departments/ Schools/ Centres/ Inter-disciplinary Programs based on their academic background and research interests.
  • The Research Fellowship Scheme is open to B.Tech. / B.E. / M.Tech. / MBA / M.A. / M.Com. / M.Sc. / MBBS or equivalent degree, with or without experience. Students with research inclinations in Humanities, Bio-sectors, Management and other background are also eligible.
  • The awardees with B. Tech/B.E. or M.Sc qualification will are awarded a stipend of Rs. 8,000 - 10,000/- p.m. Degree holders with experience can expect higher amount.

Ancillary benefits include funding for participation in national & international conferences, Library facilities and hostel accommodation.

IIT Bombay provides assistance to its students in three forms- Scholarship, Research Fellowship and Research Assistants.

SCHOLARSHIPS

IIT Bombay provides assistance to its students in three forms- Scholarship, Research Fellowship and Research Assistants.

The students of IIT Bombay receive scholarship not just from the institute but also from the private organizations. Government also recognises the brilliant students of IIT Bombay and awards them through the scholarship route.
 

IIT Bombay Scholarship

The institute awards an amount of Rs 300 every month along with free tuition to its students in the form of scholarship.

A student can apply for the scholarship only if he/she has a good score in the JEE-AIR. However, the criteria is applicable for only those who have enrolled in the bachelor's programme of the institute or in a straight five-year Masters Programme. Students taking admission in a two-year Masters programme of the institute are out of its ambit. They have to go through an admission test and an interview in order to seek scholarship of the institute.

The institute also takes into account the financial condition of the student. Any student whose father's annual income is less than Rs 100,000 per annum can apply for availing scholarship scheme of the institute. But at the time of filing the scholarship application, a student has to submit an Income Affidavit to the institute.

The scholarships are renewed every year on the basis of the performance of the students.


Private Scholarship

Students at IIT Bombay are awarded scholarships by various private organizations too. The criteria adopted by these organizations are same as followed by the IIT Bombay- 'Merit and Means'. The organizations have a separate Scholarship Trust wherein only those students can apply whose parental gross income from all sources does not exceeds beyond Rs 2, 50,000.

The IIT alumni in USA have also established a fund for providing scholarships to the brilliant and deserving students of IIT under the name- IIT Bombay Heritage fund Scholarships. The alumni collect funds from all the members of the alumni for the constitution of the scholarship to be awarded to large number of students. The selection criteria for availing scholarship under the IIT Bombay Heritage fund are same as the criteria set up by the Private Organisations.

A student can get the full details from the Academic office of the Institute.

Government Scholarship

The students of IIT Bombay can apply for scholarship to the Government besides applying for the same in their institute. The Central government awards National Scholarships to students of every state on the basis of marks scored by them in the previous academic year. A student interested in renewing his/her scholarship also has to submit the progress report of the last academic year.

However, those students who have already received the scholarships by appearing in the National Talent Search Examination of the NCERT need not apply to the government again. The NCERT scholarship can be availed till one finishes his/her Masters' programme.

Research Fellowship

IIT Bombay awards 100 Research fellowships each year to the students belonging to different colleges across the country, for undertaking research project at its different departments. The Research work is allotted on the basis of a student's academic qualification.

The students short listed for the fellowship scheme need not necessarily belong to an engineering background. The fellowship is open even for post graduates in other streams too. For undertaking the research work, the institute provides a fixed amount in the form of stipend. The amount, however, differs with the experience. For instance, the students who are in III year of their B.Tech programme or are in II year of M.A. MSC., M.Com and MBA receive Rs 10,000 per month as stipend. The M.Tech degree holders with some experience, on the other hands, are awarded a stipend Rs 2000 more. The students can continue their studies along with the research work.

Besides the stipend, the students who are conferred Research fellowship are given a long term membership to the Institute's library for reference purposes.

The applications for the fellowship programme are released in the end of December month every year.

Research Assistanceship (RA)
 

  • The students with a good GATE score are considered for the position of' Research Assistants' by various departments of IIT Bombay. As a Research Assistant the students has look after the concerned department institute and assist in teaching and other works. A Research assistant has to devote a total of 20 hours in a week. They are also given the liberty to complete their M.Tech programme in three years instead of the

SUMMER INTERNSHIP SCHEME
 

  • The awardees (who have not completed their degrees) have an opportunity to work on projects under the supervision of faculty members/scientists during their summer vacation. On the completion of their degrees, they could be considered for research Fellowship subject to performance during Summer Internship. The Summer Internship scheme is open to pre-final year B.Tech./ B.E./ M.A./ M.Com/ M.Sc./ M.E./ M.Tech./ MBA/ MBBS or equivalent degree students.
  • Rs. 3000/-p.m. for summer internship (For a maximum of two months).
  • Other benefits include Library facilities and hostel accommodation.

SELECTION PROCEDURE
(Selection Procedure for Summer Award of Scholarships)

  • The selection procedure consists of preliminary screening of applications, followed by personal interviews that take place in a decentralized manner at the department level.
  • Selection criteria includes consistently brilliant academic performance (relative rank in the class/University), work carried out by the student besides his regular academic work, participation/recognition in competitions such as Techfest, Olympiads, National Talent Search Exams, and performance in the interview. 
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