IIIT Bangalore, although approved by AICTE, does not offer any stipend to its MTech students. However, there are a few companies that sponsor students' tuition fees based on merit. This is done either by conducting an exam or by someone based on their previous academic profile. The number of students who can avail of this opportunity is very limited and sometimes there is a clause requiring them to work as an intern or do some projects for the company that offered the scholarship. Students receive a stipend if they are a TA or RA.
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