The National Institute of Fashion Technology (NIFT) offers a range of scholarships and financial assistance programs to support students from various financial backgrounds. Key scholarships include the Sarthak NIFT Financial Scheme and Udaan for foreign studies, both based on merit-cum-means criteria. Students with parental income less than INR 1.5 lakh per annum can receive a 100% tuition fee waiver, those with income less than INR 3 lakh per annum receive a 75% waiver, and those with income less than INR 4 lakh per annum receive a 50% waiver.
Additionally, students can apply for education loans facilitated by the college through various banks. The annual fee for regular students is approximately INR 3 lakhs, with a 10% fee hike each year, while NRI-sponsored students pay three times the regular fees. The total fee includes tuition, library, mediclaim, and other development fees. Scholarships for economically weaker sections and other reserved categories such as SC, ST, OBC, and handicapped are available, and the college staff assists in the scholarship application process.

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