IIT Patna offers a comprehensive scholarship and financial aid system. The tuition fee structure is segmented based on family income, with significant waivers for economically weaker sections. Students with an annual family income less than ?1 lakh receive a full tuition fee waiver, while those with an income between ?1 lakh and ?5 lakh pay only one-third of the tuition fee. SC/ST/PH students receive complete tuition fee waivers. Additionally, there are merit-based scholarships like the Merit-Cum-Means Scholarship, which reimburses tuition fees for eligible economically weak students.
The total tuition fee for courses such as B.Sc. in Computer Science and Data Analytics is ?2.4 lakhs over 3 years, with semester-wise payments of ?40,000. For students from Bihar, the Bihar Student Credit Card scheme is available. The institution also assists students with education loans, facilitated by banks like SBI and Canara Bank located on-campus. Although IIT Patna does not directly provide scholarships, students can apply for state, central, or private scholarships.
Various banks offer educational loans with favorable terms to IIT students. The college's financial aid programs ensure that financial constraints do not hinder students' education.
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