IIIT Bhagalpur, operating under a Public-Private Partnership (PPP) model, does not directly offer scholarships. However, students can access various scholarships via the National Scholarship Portal (NSP) and state government schemes. The first and second batches received a 50% fee waiver. Eligible students can apply for scholarships based on merit, income, or category (SC, ST, OBC) through respective state or central government programs. The college is registered on multiple scholarship platforms, though some students report challenges in obtaining scholarships due to eligibility criteria.
Additionally, educational loans are widely available from banks like SBI, UCO, and Union Bank. The annual tuition fee is approximately 2.7 lakh INR, with total expenses, including hostel and mess, reaching around 13-14 lakh INR over four years. Fee hikes occur periodically, determined by the Ministry of Human Resource Development (MHRD).

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