IIT of National Importance Code: IIT-M NIRF Rank #1 Est: 1959 | 630 Acres (Adjoining Guindy National Park)
Indian Institute of Technology Madras (IIT Madras)

Fee Structure & Waivers (2026)

Chennai, Tamil Nadu, India  |  Entrance Exam: JEE Advanced

Total Seats
1,134
Annual Tuition
Rs. 2,15,000 / Year
Average CTC
21.48 LPA
Highest CTC
1.31 CPA
Placement Rate
89.2% Overall Placement
Overview & Profile Cutoff & Opening Closing Ranks Seat Matrix & Programs Fee Structure & Waivers Placements & CTC Trends Campus Facilities & Hostels How to Reach & Transit Guide Admission Process & Rules

Academic & Hostel Fee Structure (2026)

Comprehensive breakdown of tuition fees, refundable caution deposits, hostel room rent, mess advance, and fee waivers applicable at Indian Institute of Technology Madras (IIT Madras).

Fee Component Amount Frequency / Nature
Tuition Fee (Per Semester) ?1,00,000 (Tuition) + ?14,250 (Student Amenities, Gymkhana, Medical & Exam) Payable at beginning of each semester (Waived for SC/ST/PwD)
One-time Admission & Registration Fee ?7,500 (Admission, Grade Card, Alumni & Convocation Fees) One-time at the time of initial admission
Refundable Institute & Library Caution Deposit ?10,000 (Refundable One-Time Deposit) Refundable upon graduation or course completion
Hostel Seat Rent & Establishment Charges ?18,500 (Hostel Seat Rent, Electricity, Water & Maintenance) Per semester accommodation charges
Mess Advance / Food Charges ?28,500 (Semester Dining Charges - Multi-cuisine Caterers) Per semester advance dining charges (Adjustable)
Medical Insurance & Student Welfare ?2,750 (Comprehensive Group Medical Insurance & Welfare) Annual group health insurance coverage

Ministry of Education Tuition Fee Remission Rules:

� 100% Tuition Fee Waiver for SC / ST / PwD students across all undergraduate programs.
� 100% Tuition Fee Remission for General and OBC students with annual parental gross income less than ?1,00,000.
� 66.67% (2/3rd) Tuition Fee Remission for General and OBC students with annual parental gross income between ?1,00,000 and ?5,00,000.

Scholarships & Financial Assistance:

� Institute Merit-cum-Means (MCM) Scholarship: 25% of admitted UG students receive 100% tuition waiver + ?1,000/month pocket allowance.
� Institute Free Studentship: 10% of students with parental income up to ?4.5 Lakhs receive tuition fee waiver.
� Central Sector Top Class Education Scholarship for SC/ST students.
� PM-Vidyalaxmi Education Loan Scheme: Collateral-free education loans up to ?20 Lakhs supported by nationalized banks with on-campus processing.

Institute Sections

At A Glance

  • Institute Type: IIT
  • Status: Institute of National Importance
  • Exam Accepted: JEE Advanced
  • City: Chennai
  • State: Tamil Nadu
  • Annual Tuition: Rs. 2,15,000 / Year
  • Average CTC: 21.48 LPA
  • Helpline: +91-44-22578000 / 22578220

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