New Delhi: The Ministry of Human Resource Development has okayed a fee hike of 79 percent and 127 percent for National Institutes of Technology (NITs) and Indian Institutes for Science Education and Research (IISERs), respectively.
At present, there are 31 NITs and six IISERs in the country.
As per the revised fee structure, undergraduate and postgraduate students at NITs will now have to shell out Rs 1.25 lakh annually, up from Rs 70,000. Notably, the fee hike in case of NITs is applicable only to students admitted under the general category.
Those seeking admission to the BS-MS Dual Degree Programme at IISERs will have to pay Rs 25,000, instead of Rs 11,000 every year.
Students belonging to families with an annual income of less than Rs 1 lakh will study in the NITs for free. However, those from families with annual income of less than Rs 5 lakh can avail a waiver of two-thirds of the fee irrespective of their category.
Earlier this year, the HRD ministry hiked IIT fee from Rs 90,000 to Rs 2 lakh per annum.