Fellow students are awarded a fellowship of Rs. 25,000/- per month during 1st and 2nd year and Rs. 30,000/- per month for the next two years, and no fees (admission, tuition, course material, computer, or library) will be charged. Fellowship will be paid only to fulltime residential students for a maximum period of four years, which may be extended by six months on the recommendation of the thesis advisor and Associate Dean, FPM and Research. From third year, a student can work as Research and Teaching Assistant (RTA), for which ,000/- per course will be paid extra.