MUMBAI: After deferring it for two years on account of the Covid-19 pandemic, IIT-Bombay has finally increased the fees for M Tech and PhD students by around 35%. The institute has been contemplating a hike in postgraduate fees for some time and it was approved by the board of governors around three years ago.
The hike, however, has not gone down well with many students, who claim that they are already dealing with the impact of the pandemic and inflation. The brochure for M Tech programmes quoted the per semester academic fees for students seeking admissions this year as Rs 55,400, which was around Rs 40,250 in 2019-20 (some of the components were waived off or were slashed during the pandemic). This, however, is the non-concessional fee structure. The fees this year for the concessional group, which includes almost all M Tech students who get stipends from the institute, is Rs 35,400. In 2019-20, the concessional fee structure was at Rs 20,250.