The fee structure at IIT ISM Dhanbad varies based on family income and category. For general and OBC students, the tuition fee is INR 1 lakh per semester, while SC/ST students have their tuition fees waived. Students from families with annual incomes below INR 1 lakh enjoy a full tuition fee waiver, while those with incomes between INR 1 lakh and INR 5 lakh receive a 66% waiver.
The Merit-Cum-Means (MCM) Scholarship is available for students whose family income is less than INR 6 lakh, providing tuition fee reimbursement and a monthly stipend. Additionally, there are numerous scholarships funded by alumni and various organizations, offering financial aid based on merit, category, and income. Educational loans are readily available through the on-campus SBI branch.

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