Fee

Selected candidates are required to pay an annual fee of Rs. 1.33 lakhs for the MCA Program (2009-12) at the respective ISIT Campuses. The details will be mentioned in the selection letter.

Mode of Payment

All payments should be made by way of demand draft in favor of 'IUCF A/c ISIT', payable at Hyderabad.

How to Finance your Education

To supplement your own resources to finance your education, the following facilities are available:

Bank Loans

Banks provide educational loans to the applicants selected for the MCA Program. Applicants are required to approach the respective branches in their city/town for educational loans. The loan amount will be disbursed in stages as per the fee schedule. There are no margin requirements.

The interest rate applicable to educational loans is around 10% or less. The loan documents should be executed by both the applicant and the parent / guardian with joint and several liability. Repayment starts 6 months after completion of studies or after getting a job (whichever is earlier).

Merit Scholarships

To encourage meritorious students, ISIT offers merit scholarships for its enrolled students. These merit scholarships are in the form of concession in tuition fee and are given to students who emerge as rankholders in the ISIT MCA Test (IMCAT 2009). The merit scholarships will be awarded as indicated in the table:

* Based on their ranks in IMCAT 2009.

Details will be communicated to the rankholders along with their selection letters. The merit scholarships are based on IMCAT 2009 and are applicable only for the Semester I. From Semester II onwards, the grades scored by a student will determine the scholarship for the semester. Further details are provided in the Students Regulations.

Merit cum Means Scholarship

In order to help needy students, ISIT may offer Merit Cum Mean Scholarship based on performance of the students in the various Semesters.

Stipendiary Assignment Program

A unique earn-while-you-learn program called "Stipendiary Assignment Program" has been developed to provide the needy students with practical exposure while studying by offering various stipendiary assignment from time to time. Students will have the opportunity to:

• develop skills such as software development, marketing, communication, presentation and overall personality development

• understand the dynamics of the market/ workplace

• earn while learning

• obtain work experience while studying.

It is a voluntary program and offers, apart from practical exposure and skill development opportunities, attractive stipends and performance-based incentives.