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Scholarship for UG and PG Students at the Indian Statistical Institute a monthly stipend is awarded at the time of admission to each student, which is valid initially for the first semester only. Stipends are given after the end of each month for twelve months in each academic year.

The first stipend is given after two months of admission with retrospective effect provided the student continues in the programme he/she got enrolled in, for at least two months.

Scholarship for UG and PG Students: For the Indian Statistical Institute

All students receive a monthly stipend from the time of admission.
Here’s how it works:

• The stipend is valid for the first semester initially.
• Paid every month, for 12 months of the academic year.
• The first stipend is released after 2 months, with retrospective effect (if you continue in the programme for at least 2 months).

Stipend Rates (Per Month)

• B.Stat / B.Math – Rs. 5,000
• PG Diploma (NE students) – Rs. 3,000
• M.Stat / M.Math / MS Programmes – Rs. 8,000
• M.Tech (CS / CrS / QROR) – Rs. 12,400

Eligibility Details for UG and PG Students at the Indian Statistical Institute

The Indian Statistical Institute provides a monthly stipend (scholarship) to students enrolled in its UG, PG, and Diploma programmes. The eligibility is mainly based on admission status, academic performance, attendance, conduct, and not holding another government-funded scholarship.

•  Students Admitted Through ISI Entrance Examination
• All students who secure admission into ISI’s official degree programmes through its entrance test and interview are eligible to receive the stipend.

Students Enrolled in the Following Programmes

1. UG Programmes:
2. B.Stat
3. B.Math
4. PG Programmes:
5. M.Stat
6. M.Math
7. MS (QE)
8. MS (LIS)
9. MS (QMS)
10. M.Tech (CS)
11. M.Tech (CrS)
12. M.Tech (QROR)
13. Diploma Programme:
14. PG Diploma in Statistical Methods & Analytics (for students from North East India)

To continue receiving the stipend:

• Avoid multiple low-scoring courses.
• Meet the prescribed semester-wise scoring rules.

Students Meeting Attendance Rules

Overall course attendance must be 75% or above.

Students With No Other Government Scholarship

If you receive any other government-funded scholarship:

ISI stipend stops.

Any backdated scholarship must be repaid.

When Your Stipend Continues at the ISI Scholarship

If you have another government scholarship

• University stipend stops immediately.
• If the other scholarship is given with a backdated effect, you must return the stipend already received.

Academic Performance Rules

No stipend next semester if:

• Any course score is below 35%, or
• More than one course is below 45%, or
• Your semester average is below 45%

You get:

• Full stipend → if your average ≥60%
• Half stipend → if your average is 45%–60%
• Scores are checked after the back-paper results.

Attendance Requirement

• Attendance must be at least 75%.
• If not, no stipend next semester.

Conduct on Campus

• Stipend can be withdrawn for misconduct.
• No retrospective restoration.

Repeating Students

• No stipend or contingency during repeat year.
• Students facing financial issues may request support from the university.

Special Stipend Rules for M.Tech (CS)

M.Tech (CS) students must meet extra academic requirements in each semester (minimum 45% in required courses and ≥60% average in best courses). If full stipend is not cleared, half stipend may still apply.

Contingency Grant (Annual Support)

Given only to students receiving full stipend.

Grant Amount

1. B.Stat / B.Math – Rs. 5,000
2. PG Diploma (NE students) – Rs. 3,000
3. MS / M.Stat / M.Math / QMS / QE – Rs. 8,000
4. M.Tech (CS / CrS / QROR) – Rs. 8,000

Prize Money

Awarded each semester for outstanding academic performance.

What You Can Buy Using a Contingency Grant

• You can claim reimbursement for:
• Printing, photocopying, and courier
• Books, e-books, stationery
• Computer peripherals (mouse, keyboard, headphones, etc.)
• Software, antivirus
• Laptop repairs
• Conference registration, travel, and academic workshops
• Thesis printing, binding, and plagiarism check
• Internet or cloud storage subscriptions
• Lab consumables, journal purchases
• Fieldwork, academic travel within India
• Airfare + visa + insurance (partially for foreign conferences)

Contingency Claim Rules

• Bills must be in your name and within the current financial year.
• Books must carry your name on the first page.
• Submit claims:
• Before 7th March → for purchases made in the academic year
• End of semester → for purchases after April
• Unused contingency does not carry forward.

Download Link for ISI Scholarship

Click Here: ISI Scholarship

Frequently Asked Questions (FAQ)

1. Who is eligible for the monthly stipend? All students admitted to UG, PG, and Diploma programmes are eligible, subject to academic performance, attendance, and conduct rules.
2. When is the first stipend paid? The first stipend is released after two months of admission, with retrospective effect if the student continues in the programme.
3. Can I receive a stipend if I have another government scholarship? No. If you receive another government scholarship, the institute stipend is discontinued.
4. What happens if my academic performance is low? If your scores or attendance do not meet the minimum requirements, the stipend may be reduced (half) or withdrawn in the next semester.
5. Can a repeating student receive stipend or contingency? No, repeating students are not eligible. However, financially disadvantaged students may appeal for support.

Conclusion

The ISI Scholarship stipend, contingency grant, and prize money rules are designed to support students academically and financially while encouraging discipline, strong performance, and active participation in college or university life. By following these guidelines, students can make the best use of the financial assistance provided by the institute.

Read More: National PG Scholarship (NSPG)