Financial assistance in the form of teaching or research assistantships (referred to as Institute Assistantship) is provided to the M. Tech. and PhD students. Assistantships are awarded on a semester-to-semester basis for a period of up to two years for M. Tech. students and up to a maximum of five years for PhD students. For M. Tech. students, a valid GATE score at the time of admission is needed for the financial assistance.  Student is expected to carry out the assigned duties for teaching and Research Assistantship. The M. Tech. student currently carries a monthly stipend of Rs.12,400/- for 8 hours of work per week. For PhD students the corresponding financial assistance is Rs.25,000/- for the first two years and there after it is raised to Rs.28,000/- respectively for another two years.

Some financial assistantships in the form of research assistantships may also be available from sponsored research projects. Additional assistantships in the form of scholarships, fellowships, etc. may be available through other organizations, such as, the Council of Scientific and Industrial Research (CSIR), Department of Atomic Energy (DAE), etc.
In addition to the students admitted with financial assistance, students may also be admitted to the M. Tech./PhD programs on a self-financing basis.