IISc offers comprehensive financial support through various scholarships and stipends. Students recommended by notable figures, such as the late Dr. A P J Abdul Kalam, receive substantial tuition fee waivers. PG and PhD students are provided stipends covering tuition, hostel, and mess fees. KVPY scholars receive a stipend of INR 5,000 per month and an annual grant of INR 20,000. Inspire scholarships also offer INR 5,000 monthly. Students without KVPY or Inspire scholarships get INR 4,000 monthly from the institute.
Tuition fees remain low, with general annual costs around INR 4 lakhs, including accommodation and meals. SC/ST students receive full tuition waivers. MHRD stipends range from INR 8,000 to 28,000, with PhD stipends reaching up to INR 75,000 under schemes like PMRF. Undergraduate students typically pay around INR 65,000 for their B.Sc courses with many receiving scholarships. Additional funding is accessible through GARP for international conferences. Despite low tuition, campus jobs are rare, but internships are available through partnerships with organizations like HAL, ISRO, and DRDO.
Overall, 99% of students benefit from scholarships, significantly reducing the financial burden of their education.
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