The university offers a variety of scholarships and financial aid options, primarily for students from economically disadvantaged backgrounds, rural areas, and specific categories such as SC, ST, and OBC. Examples include the Ishan Uday Scholarship, which provides an amount ranging from ?45,000 to ?55,000 per annum, and OBC scholarships, offering approximately ?30,000 annually. Students can also access scholarships via the NSP portal, and merit-based scholarships are available for top-performing students.
Additionally, there are hostel fee waivers and other financial aids, such as the University Grant Commission and CSIR scholarships, catering to different student needs. The tuition fees vary significantly depending on the course, with some undergraduate courses costing around ?10,000 per semester and higher fees for technical courses like B.Tech, which can amount to ?1 lakh per year. The university facilitates education loans through banks located on campus, such as SBI and PNB, with favorable interest rates.
Despite the availability of these financial aids, there is a noted concern about the effectiveness of the scholarship system and the rising tuition fees, which pose a challenge for middle-class families.
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