Fee and Financial Aid

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Programme Expenses

ivi Fee Payment Schedule For 2024-25 (Tentative)

Admission Fee (partially refundable as per policy, refer to the offer letter)

1	Admission fee (payable as per 'date of payment' as specified in the offer letter)	Rs 100,000
2	GST @ 18% (*)	Rs 18,000
	Total admission fee	Rs 118,000

Other fees: Students have the option of paying the other fees either in one or two installments as below

		Amount payable if paid in single installment	Amount payable if paid in two installments
			1st Installment	2^nd Installment*
		Shared Accommodation	Shared Accommodation	Shared Accommodation
		Due on or before 03-09-2024	Due on or before 03-09-2024	Due on or before 03-01-2025
1	Tuition fee	370,000.00	185,000.00	185,000.00
2	Accommodation Fee	120,000.00	60,000.00	60,000.00
3	Taxable Amount	490,000.00	245,000.00	245,000.00
4	GST at 18% (*)	88,200.00	44,100.00	44,100.00
5	Security Deposit (Interest free - refundable at the end of the academic year subject to recoveries if applicable)	20,000.00	20,000.00
6	Total Payable (SI. No. 3 to 5)	598,200.00	309,100.00	289,100.00

ISB reserves the right to accept delayed payment between September 4 to September 30 with a late payment fee of INR 10,000 plus taxes. The decision of authorized person of ISB shall be final in such cases.

You may download the details of the fee structure for the purpose of applying for an education loan.

a. Taxes (*) shall be payable as per the rates applicable at the time of payment.

b. Tuition fee waiver awarded, if any, shall stand withdrawn if the student withdraws from the programme before graduation or in case of any disciplinary action.

Scholarship

Category: Need based

How to apply: No separate application is required. We will evaluate your 1-minute video pitch submitted during the application to assess your eligibility.

Scholarship amount: Up to INR 4 lakhs

Mode of disbursal: Waiver