Yes, students who secure admission to M.Tech or M.E. programs in institutes like IITs, IISc, and NITs through a valid GATE score are usually eligible for a monthly stipend provided by the Ministry of Education, Government of India. The stipend amount is typically around ₹12,400 per month, subject to change according to government policies. To receive the stipend, students must maintain satisfactory academic performance and follow the institute's guidelines.