Fees and Financial Aid:
Even though NIFT is a government college, the fees is not affordable for many students who fall in the middle class tier, or below. Per sem fee is approximately 1.5 lacs, and so every year, you pay atleast 3.5 lacs in tution fees alone, which includes tution fees, library fees, lab fees and all those shenanigans. Add to this the hostel or accomodation fee, your daily cost of living, essentials, wants and luxuries, and the stationery, which is anything but affordable!
Now, the Institute does provide a scholarship for students from financially struggling backgrounds, called Saarthak, but it's EXTREMELY difficult to get, and as per the hear-say, can be revoked if the authorities feel like "your lifestyle does not match your claim of coming form a financially weak family". Please take this with a grain of salt, since this is based on what I've heard from my fellow batchmates and seniors, and have not personally faced anything like this.
The Fee structure is divided in 3 categories: Regular, For Children of Artisans and NRI. Regular fees is for the normal students, like myself. Students, irrespective of caste, or any other category usually pay this fee, which as I said before, is apporx 1.5 lacs/ sem. For Children of Artisans, the fee is slightly less, since NIFT consciously works towards Artisan upliftment and promotion. So if you come from an Artisan family, you come under this category, and your fee would be reduced slightly. As for NRI's, the tution fee is outrageously high, almost 6lacs/ sem.
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