Based on the financial aid applications received for the intake of 2021, below is a snapshot of Financial Aid granted according to reported pre-tax family income.
Pre-Tax Income Range p.a.* |
Typical Financial Aid |
Estimated Cost to study p.a. |
Percentage who qualified for Aid |
<= 5 Lacs |
100% Tuition, Residence & Meals |
– |
96% |
5 – 10 L |
100% Tuition+ 100% Res. |
35,000 |
85% |
10 – 16 L |
100% Tuition + 50% Res. |
1,16,000 |
85% |
16 – 17.5 L |
100% on Tuition |
1,97,000 |
71% |
17.5 – 22 L |
90% on Tuition |
2,79,500 |
61% |
22 – 28 L |
80% on Tuition |
3,62,000 |
75% |
28 – 38 L |
65% on Tuition |
4,85,750 |
68% |
38 – 42 L |
50% on Tuition |
6,09,500 |
77% |
42 – 54 L |
25% on Tuition |
8,15,750 |
57% |
*These income slabs are indicative in nature. In addition to Family Income, various other factors will be considered in the final decision to assess each case holistically (e.g. Investments, Savings, Lifestyle indicators, Annual Financials and/GST returns- where applicable etc.) List of these documents can obtained by downloading the Financial Aid Form by Clicking here)”
The final decision on awarding the financial aid grant will be made by the Financial aid committee. The decision made by the committee will consider the financial aid dashboard and other parameters as mentioned in the financial aid form.