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KOLKATA, DELHI, India
KOLKATA, DELHI, India
NAAC Grade
D
Students
990
Placement
95.0%
Avg Package
₹25,00,000
The Indian Statistical Institute (ISI), established in 1931, is a premier academic institution in India dedicated to research and training in statistics, mathematics, computer science, economics, and related fields. With campuses in Kolkata, Delhi, Bengaluru, Chennai, Tezpur, and Hyderabad, ISI provides a wide range of undergraduate, postgraduate, diploma, and doctoral programs. Apart from academic excellence, ISI is known for offering generous financial aid and scholarships to its students.
This detailed guide covers every aspect of scholarships, stipends, and financial support available to ISI students, helping prospective applicants understand what to expect when they join one of India’s most prestigious institutions.
Introduction to ISI Scholarships
Scholarships for Undergraduate Programs
Scholarships for Postgraduate Programs
M.Tech Programs and Financial Support
Postgraduate Diplomas and Financial Aid
Doctoral Programs (Ph.D.)
Contingency Grants
Hostel, Mess, and Medical Facilities
Income-Based Fee Waivers
Campus-wise Summary
Key Points for Applicants
Conclusion
ISI’s mission goes beyond academics; it emphasizes accessibility and affordability. The institute offers financial support in the form of:
Monthly stipends
Annual contingency grants
Tuition waivers
Fee exemptions based on income
Special financial benefits for students from underprivileged regions (like North East India)
Students at ISI enjoy world-class education with minimal or no tuition fees, and many even receive stipends sufficient to cover living expenses.
Duration: 3 years
Campus: Kolkata
Tuition Fee: No tuition fee
Monthly Stipend: ₹5,000
Annual Contingency Grant: ₹5,000
Accommodation: Hostel accommodation available at nominal cost
Duration: 3 years
Campus: Bengaluru
Tuition Fee: No tuition fee
Monthly Stipend: ₹5,000
Annual Contingency Grant: ₹5,000
Duration: 4 years
Campus: Kolkata & Delhi
Tuition Fee: ₹1,00,000 per semester
Fee Waiver Policy:
100% waiver: Family income < ₹1 lakh
66.67% waiver: Family income between ₹1–5 lakhs
Additional Charges: Security deposits and administrative fees as applicable
Scholarships: Not automatically applicable unless through fee-waiver
Duration: 2 years
Campuses: Kolkata & Delhi
Tuition Fee: Free
Stipend: ₹8,000 per month
Contingency Grant: ₹8,000 per year
Duration: 2 years
Campus: Kolkata
Tuition Fee: Free
Stipend: ₹8,000 per month
Contingency Grant: ₹8,000 per year
Duration: 2 years
Campuses: Kolkata & Delhi
Tuition Fee: Free
Stipend: ₹8,000 per month
Contingency Grant: ₹8,000 per year
Duration: 2 years
Campus: Hyderabad
Stipend: ₹8,000 per month
Contingency Grant: ₹8,000 per year
Duration: 2 years
Campus: Kolkata
Stipend: ₹12,400 per month
Contingency Grant: ₹8,000 per year
Duration: 2 years
Campus: Kolkata
Stipend: ₹12,400 per month
Contingency Grant: ₹8,000 per year
Duration: 2 years
Campus: Kolkata
Stipend: ₹12,400 per month
Contingency Grant: ₹8,000 per year
Duration: 1 year
Campuses: Chennai & Tezpur
Tuition Fee: ₹40,000
Stipend: ₹3,000 per month (only for students from North Eastern states)
Contingency Grant: ₹3,000 per year
Duration: 1 year
Campus: Kolkata
Tuition Fee: ₹40,000
Stipend: Not provided
Contingency Grant: Not applicable
Stipend:
₹31,000 per month for the first two years
₹35,000 per month thereafter (subject to evaluation)
Contingency Grant: ₹10,000–₹20,000 annually
Additional Funding: Travel grant for presenting at international conferences
Contingency grants are annual funds to help students with expenses like:
Books and journals
Stationery
Educational supplies
Seminar participation
₹5,000 – Undergraduate students
₹8,000 – Master’s students
₹10,000 to ₹20,000 – Doctoral candidates
Hostel accommodation is provided at all ISI campuses at minimal charges
Mess fees are separate and vary by campus
Medical facilities are available free of cost through campus clinics
The BSDS program is the only course with tuition fees, and it comes with a strong financial support system:
Full waiver: For students from low-income backgrounds (below ₹1 lakh/year)
Partial waiver: For those in the ₹1–5 lakh income range
Documentation: Family income proof and bank statements are required during admission
Campus | Key Programs | Stipend (Monthly) | Contingency Grant | Hostel | Tuition Fee |
|---|---|---|---|---|---|
Kolkata | B.Stat, M.Stat, M.Tech, MSQE, PGDARSMA | ₹5k–₹12.4k | ₹5k–₹8k | Yes | Mostly Free |
Delhi | BSDS, M.Stat, MSQE | ₹8k | ₹8k | Yes | BSDS Paid |
Bengaluru | B.Math, M.Stat | ₹5k–₹8k | ₹5k–₹8k | Yes | Free |
Hyderabad | MSQMS | ₹8k | ₹8k | Yes | Free |
Chennai | PGDSMA | ₹3k (NE students) | ₹3k (if eligible) | Yes | ₹40,000 |
Tezpur | PGDSMA | ₹3k (NE students) | ₹3k (if eligible) | Yes | ₹40,000 |
Mumbai | SQC & OR (Corporate Training) | Not specified | Not specified | NA | NA |
No tuition fee for most programs
Monthly stipends ensure financial independence
Annual contingency grants support educational needs
Fee waivers for BSDS promote inclusivity
Ph.D. scholars receive research funding and travel support
Special support for North Eastern students in PGDSMA
The Indian Statistical Institute remains one of the most affordable and academically rigorous institutions in India. Its scholarship structure supports nearly every student, ensuring financial hardship is never a barrier to world-class education. Whether you’re pursuing statistics, computer science, mathematics, or economics, ISI provides strong academic mentorship and holistic financial support.
NAAC Grade
D
Students
990
Placement
95.0%
Avg Package
₹25,00,000
Highest Package
₹89,00,000
Graduation Rate
95.0%
Highest Package
₹89,00,000
Graduation Rate
95.0%