Stipend Scheme for Undergraduate and Postgraduate Studies at Indian Statistical Institute (ISI) Kolkata 2026-27 – Full Details
The Stipend Scheme for Undergraduate and Postgraduate Studies at the Indian Statistical Institute (ISI) Kolkata 2026-27 is a merit-based financial support programme for students admitted to eligible academic programmes at ISI. The stipend is linked to admission into the Institute through the prescribed ISI Admission Test (ISIAT) or other approved admission pathways.
The scheme supports students pursuing undergraduate, postgraduate, advanced postgraduate, and selected regional diploma programmes. Eligible students receive a monthly stipend along with applicable academic contingency support, subject to the Institute's academic, attendance, conduct, and scholarship conditions.
For the 2026-27 academic session, the stated administrative timeline through the National Scholarship Portal (NSP) runs from 1 June 2026 to 30 November 2026 across the student and verification stages.
📅 Important Dates
| Activity | Date |
|---|---|
| Student Portal Processing | 1 June 2026 to 31 October 2026 |
| Defective Application Rectification | Up to 15 November 2026 |
| Institute-Level Verification (INO) | Up to 15 November 2026 |
| DNO / SNO / MNO Verification | Up to 30 November 2026 |
| Academic Session | 2026-27 |
Admitted students should complete the required portal formalities before the student-level deadline and monitor the application through the subsequent verification stages.
💰 Program-Wise Monthly Stipend & Grants
The stipend amount varies according to the academic programme.
| Academic Level | Eligible Programme | Monthly Stipend | Annual Contingency Grant |
|---|---|---|---|
| Undergraduate (UG) | B.Stat (Hons) / B.Math (Hons) | ₹5,000/month | ₹5,000/year |
| Postgraduate (PG) | M.Stat / M.Math / MS (QE) / MS (LIS) / MS (QMS) | ₹8,000/month | ₹8,000/year |
| Advanced PG (Tech) | M.Tech in Computer Science / Cryptology & Security / QROR | ₹12,400/month | Subject to programme-specific terms |
| Regional Diploma | PG Diploma in Statistical Methods & Analytics | ₹3,000/month | — |
The Regional Diploma category is intended for eligible students from the North-Eastern region, subject to the applicable domicile and programme conditions.
⏳ First Stipend Payment
The first monthly stipend is stated to be released retrospectively after two completed months of continuous active enrolment, subject to the applicable Institute and payment procedures.
🎓 Admission & Eligibility
The stipend is linked primarily to admission into eligible ISI academic programmes.
Admission Requirement
Students must have secured admission through the recognised ISI admission process, such as:
ISI Admission Test (ISIAT)
Direct admission through an approved pathway
Other recognised admission routes applicable to the specific programme
Eligible programmes include undergraduate and postgraduate courses offered by ISI, subject to the relevant academic regulations.
Programme Eligibility
The stated programme categories include:
B.Stat (Hons)
B.Math (Hons)
M.Stat
M.Math
MS (QE)
MS (LIS)
MS (QMS)
M.Tech programmes in specified technical areas
PG Diploma in Statistical Methods & Analytics for eligible North-Eastern students
Students should confirm the current stipend rules for their particular programme.
📊 Conditions for Continuing the Stipend
Admission to ISI establishes eligibility for the initial benefit, but continued receipt of the stipend depends on satisfactory academic and disciplinary performance.
Attendance Requirement
Students must maintain at least 75% class attendance.
Falling below the prescribed attendance level can result in forfeiture of the stipend for the subsequent semester, according to the applicable rules.
Academic Performance
Students are expected to maintain at least 60% overall marks.
Students should not fail any individual course.
Failure to satisfy the academic requirements may affect continuation of the stipend.
Conduct & Discipline
The stipend is subject to good conduct and satisfactory academic behaviour.
Disciplinary misconduct, academic malpractice, or other serious violations may result in suspension or withdrawal of the stipend.
Other Scholarship Restriction
Students receiving the ISI stipend generally cannot simultaneously hold another external scholarship covered by the Institute's exclusion rules.
Examples may include external awards such as KVPY, INSPIRE, or JBNSTS, where applicable.
Students should carefully review ISI's current rules before accepting another scholarship or fellowship.
📚 Programmes Covered
The stipend framework covers multiple levels of higher education.
Undergraduate Programmes
B.Stat (Hons)
B.Math (Hons)
Postgraduate Programmes
M.Stat
M.Math
MS (QE)
MS (LIS)
MS (QMS)
Technical Postgraduate Programmes
M.Tech in Computer Science
M.Tech in Cryptology & Security
M.Tech in QROR
Regional Diploma
PG Diploma in Statistical Methods & Analytics, subject to the specific North-Eastern domicile requirement.
📂 Documents Required
Admitted students should keep the following documents ready for portal processing and verification, as applicable:
Academic Documents
Class 12 marksheet for undergraduate entrants
Graduation marksheets/transcript for postgraduate entrants
Other qualifying academic records
Admission Documents
ISI seat allotment/admission memo
Proof of admission to the applicable ISI programme
Official Seat Acceptance Deposit (SAD) receipt, where required
Bank & Identity Documents
Aadhaar details
Aadhaar-seeded bank passbook
Bank account details required for scholarship/DBT processing
Applicants should ensure that the student's name and other personal details match across Aadhaar, bank records, and ISI documents.
💻 Procedural Steps for Admitted Students
The scholarship process for admitted students involves completing the required portal and bank-verification formalities.
Access the relevant scholarship portal and log in using the required credentials.
Enter or update your current institutional and academic information.
Verify that your student name exactly matches the name appearing on your Aadhaar-linked bank account/passbook.
Upload the required academic documents.
Upload your ISI seat allotment/admission document.
Upload the applicable Seat Acceptance Deposit (SAD) receipt.
Provide the required Aadhaar and bank account details.
Carefully review all information before submission.
Submit the application within the prescribed timeline.
Monitor the application for any defect, correction request, or verification update.
🔍 Selection & Scholarship Continuation Process
Unlike conventional competitive scholarships where students compete for a limited number of awards, the ISI stipend is primarily connected with admission and compliance with the Institute's conditions.
The process can involve:
Admission to ISI: Student secures admission through the prescribed route.
Student Portal Processing: Required academic, admission, identity, and bank details are submitted.
Document Verification: Submitted information and supporting records are checked.
Institute Verification: ISI verifies enrolment and other relevant information.
Administrative Verification: Applications may pass through the designated DNO/SNO/MNO verification structure.
Stipend Processing: Eligible students are processed for the applicable monthly stipend and contingency benefit.
Ongoing Academic Review: Attendance, academic performance, conduct, and other conditions are monitored for continuation.
📌 Important Points to Remember
The ISI Stipend Scheme 2026-27 provides financial support to eligible students enrolled in approved ISI programmes.
The stipend varies by programme, ranging from ₹3,000 to ₹12,400 per month under the stated categories.
UG students in B.Stat (Hons) and B.Math (Hons) receive ₹5,000 per month plus ₹5,000 annual contingency support.
Eligible PG students receive ₹8,000 per month plus ₹8,000 annual contingency support.
The specified M.Tech programmes provide ₹12,400 per month, subject to programme-specific terms.
Eligible North-Eastern students in the stated PG Diploma programme receive ₹3,000 per month.
The first stipend payment is released retrospectively after two completed months of continuous active enrolment, according to the stated rules.
Students must maintain at least 75% attendance.
A minimum overall academic performance of 60% and satisfactory performance in individual courses is required for continued stipend support.
Disciplinary misconduct or academic malpractice can lead to suspension of the stipend.
Students generally cannot simultaneously hold another external scholarship covered by ISI's exclusion rules.
Admitted students should keep their ISI admission documents, academic records, Aadhaar details, and bank information ready.
The 2026-27 administrative processing timeline extends to 30 November 2026 for the final verification stage.
🔗 Important Portals & Information
Indian Statistical Institute (ISI):
https://www.isical.ac.in/
National Scholarship Portal (NSP):
https://scholarships.gov.in/All-Scholarships
ISI Admissions:
https://www.isical.ac.in/content/admissions
❓ Frequently Asked Questions (FAQs)
What is the ISI Stipend Scheme?
The Stipend Scheme for Undergraduate and Postgraduate Studies at Indian Statistical Institute provides financial support to eligible students admitted to approved ISI academic programmes.
Is the stipend available to all students admitted to ISI?
The scheme is linked to eligible programmes and admission routes, with continued payment subject to the applicable academic, attendance, conduct, and scholarship conditions.
How much stipend is provided for undergraduate programmes?
Students in B.Stat (Hons) and B.Math (Hons) receive ₹5,000 per month, along with a stated ₹5,000 annual contingency grant.
How much do postgraduate students receive?
Eligible students in the listed postgraduate programmes receive ₹8,000 per month and an ₹8,000 annual contingency grant.
What is the M.Tech stipend?
The stated monthly stipend for the specified M.Tech programmes is ₹12,400, subject to programme-specific terms.
What attendance is required?
Students must maintain at least 75% attendance to remain eligible for continued stipend support under the stated conditions.
What academic performance is required?
Students are expected to maintain at least 60% overall marks and avoid failing individual courses.
Can I receive another scholarship while receiving the ISI stipend?
The ISI stipend is subject to restrictions on holding certain external scholarships simultaneously. Students should check the Institute's current rules before accepting another award.
When is the first stipend paid?
The first monthly stipend is stated to be released retrospectively after two completed months of continuous active enrolment, subject to the applicable procedures.
What documents should admitted students provide?
Documents can include academic marksheets, the ISI admission/seat allotment memo, Seat Acceptance Deposit receipt, Aadhaar details, and Aadhaar-linked bank information.
Where are the scholarship processing details handled?
The stated 2026-27 processing and verification timeline is handled through the relevant National Scholarship Portal workflow along with institutional verification.
Conclusion
The Stipend Scheme for Undergraduate and Postgraduate Studies at Indian Statistical Institute (ISI) Kolkata 2026-27 provides valuable financial support to students admitted to eligible ISI programmes. With monthly stipends ranging from ₹3,000 to ₹12,400 under the stated programme categories, along with applicable contingency support, the scheme helps students manage the costs of advanced study. Students should complete the required portal formalities, verify their Aadhaar-linked bank details, submit the necessary admission and academic documents, and maintain the required 75% attendance and satisfactory academic performance to continue receiving the stipend.
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