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Financial Guidelines

Fees & Scholarships Guide

Affordable online higher education. Review course-based pricing brackets and income-based fee waivers.

Price BracketPay Per Course
Max WaiverUp to 75% Off
Income ProofFamily Income Basis

1. Standard Fee Structure

The total program fee depends on the level and specific track. Fees are calculated on a pay-as-you-register basis (per course credit) rather than demanding full flat annual term fees.

Level StageCredits CapStandard Cost (INR)
Foundation level32 Credits₹32,000 Total (~₹4,000 per course)
Diploma Level30 to 60 Credits₹1,10,000 per Diploma track
BS Degree Level28 Credits₹1,00,000 Approx.

2. Scholarship Waivers and Subsidies

IIT Madras provides robust fee support for students coming from lower socio-economic backgrounds. Scholarship allocations are verified strictly against certified family income papers:

  • Annual Family Income < ₹1 Lakh: Eligible for a 75% fee waiver on course registration fees and exam fees.
  • Annual Family Income between ₹1 Lakh and ₹5 Lakhs: Eligible for a 50% fee waiver across registration and exams.
  • SC / ST / OBC Subsidies: Additional federal and state-sponsored scholarship options are fully applicable.

3. CSR & Industrial Scholarships

Top corporate entities (including Verizon India, Renault Nissan, and Tata Motors) sponsor multiple merit-cum-means awards for high-performing students completing diploma programs, covering up to 100% of coursework fees.

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