Scholarships at NIFT are primarily targeted towards economically weaker students, with eligibility based on annual family income and academic performance. The SARTHAK financial assistance scheme offers tuition fee waivers ranging from 100% for families earning less than INR 1.5 lakh annually, 75% for incomes between INR 1.5 to 2.5 lakh, and 50% for those earning between INR 2.5 to 4 lakh. Additionally, the UDAAN scheme is available for merit-cum-means assistance.
Students from reserved categories, such as SC/ST and OBC, are also eligible for financial support. The scholarship and loan facilities require students to engage with the Student Development Activities Coordinator (SDAC) and follow a structured application process. NIFT collaborates with institutions like IDBI Bank and Union Bank of India to provide educational loans, often at reduced interest rates. The tuition fees for NIFT programs are approximately INR 3.42 lakh per year, with additional costs for hostel and other services, and may see periodic increases.

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