Usually, the stipend paid to a PhD in Clinical Psychology student (external category) at MIMHANS is around INR 31,000 for the first two years and INR 35,000 for the remaining 3 years.

The only drawback is that students who have already done an MPhil will get only an institute fellowship for 3 years and they will be considered as SRFs with a salary of INR 28,000. These students get to stay in the hostel by paying a monthly rent of INR 250 for institute fellows and an HRA amount for external fellows.