Nalanda College of Engineering offers a range of financial support options, primarily facilitated by the Bihar government. Scholarships are available for students from financially weaker backgrounds, typically ranging from INR 10,000 to INR 15,000 per annum, specifically for Bihar residents under the 7 Nischay program. Additionally, economically disadvantaged students can apply for the Chief Minister's Post-Matric Scholarship, which provides INR 8,000 annually for three years. Loans are accessible through the Student Credit Card program, allowing up to INR 4 lakh over the course duration, with INR 1 lakh annually.
The college also offers merit and need-based scholarships, some targeting specific categories such as OBC, SC/ST, and minority groups. The fee structure is notably affordable due to its status as a government institution, with tuition fees below INR 15,000 for the entire four-year course, with additional costs for hostel and mess. The National Scholarship Portal is utilized for various scholarship applications, and Bihar Government scholarships are provided through college administration to ensure financial support for eligible students.
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