NIFT Fees Structure for undergraduate and postgraduate courses
Assistance from NIFT
50% tuition fee waiver will be extended to the NIFT employees (regular and contract) pursuing PhD at NIFT. Incase the contract of the employee is not renewed during the course of research for any reason, the Scholar would not be eligible for the 50% tuition waiver henceforth.
50% tuition fee waiver will also be extended to scholars admitted to PhD programme from other Government Organizations/ Institutions under MOT.
Additionally, the NIFT employees are also allowed a waiver of Security Deposit, Library Fee and Mediclaim & Scholar Development Fee. Also, financial assistance may be extended for NIFT employees (regular and contract) for product development, experimentation and thesis documentation.
“SARTHAK” NIFT FINANCIAL ASSISTANCE SCHEME
1. Short Title / Commencement
1.1 The policy shall be called "SARTHAK” NIFT Financial Assistance Scheme".
1.2 The financial assistance under "SARTHAK” NIFT Financial Assistance Scheme" is not an entitlement. It shall be subject to conditions and process prescribed in this policy.
1.3 This policy shall come into force with effect from academic year 2018-19
2. Purpose
To provide financial assistance to meritorious, needy and deserving students, belonging to
the economically weaker sections of society.
3. Applicability of the Scheme
3.1 “SARTHAK” NIFT Financial Assistance Scheme" will be applicable to all the regular
students of NIFT fulfilling prescribed criteria. The benefits of this Scheme shall not extend
to NRI/ NRI sponsored students.
4. Rate of Financial Assistance
4.1 Under this Scheme financial Assistance to undergraduate students shall be provided as follows:
Category Parental Income ceiling per annum Percentage of Financial Assistance
A. Upto Rs. 1.5 Lakhs 100% of the Tuition Fee
B Above Rs. 1.5 Lakhs upto Rs. 2.5 Lakhs 75% of the Tuition Fee
C. Above Rs. 2.5 Lakhs upto Rs. 4.0 Lakhs 50% of the Tuition Fee
4.2 Under this Scheme financial Assistance shall be provided to postgraduate students at the Campus as follows
Category Parental Income ceiling per annum Percentage Financial
Assistance
A. Rs. 1.5 Lakhs 75% of the Tuition Fee
B Above Rs. 1.5 lakh upto Rs. 2.5 Lakhs 50% of the Tuition Fee
C. Above Rs. 2.5 lakh upto Rs. 4.0 Lakhs 25% of the Tuition Fee
