A four-year degree from this top engineering school in India costs less than $130

At the private Birla Institute of Technology and Science (BITS Pilani), students can pay 12 to 13 lakhs rupees (about US$15,500 to US$16,800) for a similar course. The state-funded but autonomous university manages to keep fees low because it receives funding from multiple sources -- the state government, the University Grants Commission and the World Bank's Technical Education Quality Improvement Project (TEQIP).

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