IIT Fee Structure 2023: Reduction in Fees

Recent updates: After students protested, IIT Delhi announced a reduction in fees.

IIT Fees Overview 

IT Delhi reached this judgment based on the recommendations of the committee formed by the Director to investigate the representation made by a group of M.Tech students. "Tuition and other fees have been drastically cut as a result of the protests at IIT Delhi, based on the proposal of the committee constituted to manage the problem. The full-time M.Tech. tuition cost has been cut from Rs. 25,000 to 17,500 every semester "According to IIT Delhi. Similarly, tuition for other postgraduate programs has been cut. In addition to the tuition cost, there is a reduction in other charge components. 

The tuition amount levied for various programs, including BTech, MTech, and Dual Degree, is one of the most frequently asked concerns by candidates attempting to get admission to an Indian Institute of Technology (IIT). Every year, following the Joint Entrance Exam (JEE) Advanced, the price structure for these programs is issued by all 23 IITs in India. The price structure is amended on a regular basis based on the recommendations of the IIT Council. 

Follow the links below to discover more about JEE Main 2022, JEE Advanced 2022, and JoSSA Counselling 2022-

IIT Fees 2022: An applicant must pass JEE Mains in order to appear for JEE Advanced; if a candidate achieves a high score in JEE Advanced, he or she becomes eligible for admission to IITs. After passing the JEE, the next step is to learn about the fee structures at various IITs across India. There is also some unwinding. There is also some relaxation. IIT fees are one of the most frequently discussed subjects among parents and students seeking admission to IITs for various degrees such as B.Tech, M.Tech, and Dual Degrees. The course-by-course pricing structure for the IIT 2022-2023 batches is available on the institute's official website. 

Every year following the end of the JEE Advanced test, the IIT Council releases the price structure for all 23 IITs in India. Candidates seeking admission to IITs must pass the JEE test.

IIT 2023 Fee Structure Components

The overall expenses for each IIT include a variety of components, such as meal fees, hotel fees, and gymkhana fees, among others. Although these components may differ from one institute to the next, some of the more typical ones are as follows-

1. Annual insurance
2. Caution money (refundable)
3. Contribution to hostel subsidy
4. Electricity & water charges
5. Examination fee
6. Gymkhana fee
7. Hostel establishment charges
8. Hostel seat rent
9. Hostel subsidy fee
10. Medical fee
11. Mess caution fee (refundable)
12. Mess fee
13. One-time fee
14. Registration fee
15. Student benevolent fund
16. Tuition fee

Fees and Eligibility at IIT Delhi

IIT 2023 Fee Structure (Semester-Wise Fees)

The number of seats for the UG programme at multiple IITs is about 12,000. However, around 2.5 million candidates sit the JEE advanced exam each year in order to get admission to IITs. According to official HRD Ministry information, the previous year's fee structure will also be applicable for the 2023 entry session. There will be no rise in IIT course costs. Annual IIT fees are around Rs 2.5 lakhs.

The IIT fee structure are as follows-

IITs Fee Exemption 2023

Tuition fee advantages are available to candidates from a variety of backgrounds at IITs. Candidates can review the table below to learn about the perks available to them-

What is the Most Effective Way to Pay for IIT College Fees?

For candidates convenience, the process for paying IIT fees is detailed below-

1. To begin, go to the institute's official website and click the 'Academic Cost Payment Portal' link to pay the fee with any bank Debit Card / Credit Card / Net Banking.
2. Verify the name displayed on the screen after entering the roll number and date of birth.
3. Next, review the 'Fee structure' PDF fee table and input the appropriate amount for tuition and additional fees applicable to your category.
4. A notification will appear on the screen verifying the successful payment. 
5. If you are on campus, you may also confirm the payment by examining the payment history for your IIT account.

IIT Fees - Scholarships and Financial Aid

The current price increase at the main Indian Institutes of Technology will surely put a hardship on the families of newly accepted IITians. Significant modifications in the price structure, as well as the number of reimbursements available under various programs or scholarships, may be made. So, before applying for these schemes or scholarships, make sure to check the website or contact the awarding body to get the most up-to-date information and benefits.

1. National Talent Search Scholarship (NTS): Those who get the NTS scholarship throughout their 10+2 studies continue to receive it during their undergraduate studies. Students may renew their certificates by submitting the NCERT forms to the Academic Section at the start of each academic year.
2. All State National Scholarships: These state scholarships are given to students in their home states. Applications for these positions are routed through IIT and are awarded/renewed each year, and students must submit a status report at the start of the academic year.
3. Government of India, Ministry of Social Justice and Empowerment, Central Sector Scholarship for SC Students: This is given to the top ten students based on their JEE rankings, with the proviso that their parental income does not exceed Rs 2 lakh per year. Along with the provision for fee refund, it also includes the following: A one-time personal payment compensation of Rs.45,000/-, monthly living costs of Rs 2,200/-, and annual books and stationery expenses of Rs 3,000/-.
4. Government of India, Ministry of Tribal Affairs - Central Sector Scholarship for ST Students: It is given to the top five students based on their JEE rankings, with the provision that their parental income does not exceed Rs 2 lakh per year. Along with the provision for fee reimbursement, it also includes Rs 2,200/- per month for living costs and Rs 3,000/- per year for books and stationery.
5. Merit-based Scholarship, Ministry of Minority Affairs, Government of India: It is given to students from minority communities like Muslims, Christians, Sikhs, Buddhists, and Parsis, whose parents annual income does not exceed Rs 2.5 lakhs. The State Government will approve the scholarship amount, with 30% of the scholarships earmarked for female students. There are provisions in it for: The annual maintenance costs for hostellers are Rs.10,000/- and Rs.5,000/- for day scholars and reimbursement of course fees up to Rs. 20,000/- or the actual fees, whichever is greater.
6. Scholarship from the MHRD for a Single Girl Child: The qualification for the same is set by the government of India norms, and a monthly stipend of Rs. 40,000/- is awarded.
7. Aditya Birla Fellowship: For this job, the Aditya Birla Group selects the top 20 individuals in the JEE Rank. A stipend of Rs. 60,000/- per year is granted, which is renewed annually according to Aditya Birla Group rules.
8. Scholarship Inspire (Department of Science and Technology, Government of India): Students admitted to the Dual Degree (B.S. & M.S.) and for 5 years Dual Degree (B.Tech & M.Tech) Programs are eligible to apply for the scholarship sum of Rs.60,000/annum per student under this scholarship.