IIT Delhi on Friday announced a cut in tuition fee for foreign nationals after which PhD students would pay ₹10,000 per annum while undergraduates would pay ₹2,00,000 instead of ₹2,90,000. "We are not looking to make money from students. We want to internationalise the institution," Director Ramgopal Rao said on bringing the fee for foreigners at par with Indian students.