Honorarium

The honorarium is assigned based on the intern’s performance. If ALL the submitted code is error free in the very first review, the intern will receive ₹ 10,000/-. If it takes more than one review to submit error free code, the honorarium reduces accordingly.

Please see the table below for a clear understanding.

Review

Students Honorarium

1

₹ 10000

2

₹ 8500

3

₹ 7000

4

₹ 6000

If ANY code is found to be erroneous after the FOURTH review, the student shall not receive any amount as honorarium. The proposed book and the uploaded codes shall be deleted from the Textbook Companion database.

The above mentioned honorarium scheme is applicable only if the intern were to code 60 examples or above. If the examples are less than 60 then the intern is paid on pro rata basis. This is decided based upon the effort, complexity and the additional tools required to solve the examples.

Note:

On submission of a Textbook Companion, the review process involves several checks including but not limited to:

  1. Incorrect code
  2. Completeness of the book - missing parts (or) sections
  3. Code plagiarism

In this regard, we are forced to test EVERY code of EVERY participant thoroughly. Due to many participants, this verification process takes a considerable amount of time and therefore immediate acceptance of a Textbook Companion is difficult. If there are problems with the submitted codes, naturally, there will be further delays. However, if your Textbook Companion is not approved within 45 days after submission, please write to us at contact-om@fossee.in.

After the completion of the Textbook Companion, processing the honorarium may also take time as IIT Bombay is a government institution and dispatch of Government money requires approvals from various authorities like the Project Principal Investigator, Dean's Office, Accounts Office, etc. Therefore, immediate processing of payment is difficult. Also processing of honorarium starts only after we receive your completed internship forms. Please ensure that you submit the form in time to avoid delays. After the Textbook Companion is published in our website and we receive your completed internship forms via post, you will receive a mail from FOSSEE office asking for your bank account details, PAN card etc. Once we receive all these details from you, then only the honorarium can be processed by us. However, if you do not get your money within 45 days after submitting your bank details, please get in touch with us - we shall be happy to assist you.