StudyDesk Scholarships
About the stipend
The Indian Statistical Institute pays a monthly stipend to every student in its degree programmes — one of the most generous institute-level supports in India. Amounts for 2026–27 rise with the programme level, and a yearly contingency grant (Rs 5,000 for UG, Rs 8,000 for PG) is added.
Eligibility
- Admission to an ISI programme through the ISI Admission Test (B.Stat/B.Math via test + interview; BSDS via JEE Main/CUET).
- Maintain minimum 60% academic performance to continue the stipend.
- Students opting for KVPY/INSPIRE/JBNSTS may not be eligible for the institute stipend simultaneously.
Benefits (2026–27)
| Programme | Monthly stipend |
|---|---|
| B Stat (Hons) / B Math (Hons) | Rs 5,000 |
| M Stat / M Math / MS (QE, QMBA, LIS) | Rs 8,000 |
| M Tech (CS, CrS, QROR) | Rs 12,400 |
- Contingency grant: Rs 5,000/year (UG), Rs 8,000/year (PG).
- Fee waivers: full tuition waiver for SC/ST/PwD; income-based waivers for others.
Documents required
As per the ISI admission portal for the programme applied to.
How to apply
- Apply for ISI admissionadmission.isical.ac.in — via the ISI Admission Test.
- Secure admissionThe stipend applies automatically to enrolled students.
- Maintain 60%To keep receiving it each year.
FAQs
Yes — it applies to enrolled students in the degree programmes, linked to admission, not a separate application.
No — students opting for KVPY/INSPIRE/JBNSTS may not be eligible for the institute stipend.
The stipend requires minimum 60% academic performance to continue.
No — it comes with admission; the 31 Oct date is the scholarship-listing cycle.
Verified 16 Oct 2026 via Mathrubhumi (2026-27 admissions: B Stat/B Math Rs 5,000; M Stat etc Rs 8,000; M Tech Rs 12,400) and Collegedunia (contingency Rs 5,000 UG / 8,000 PG; 60% continuation rule; KVPY exclusion).
