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NIFT Fee Structure

ACADEMIC FEE STRUCTURE
2017-18 & 2018 - 19

ACADEMIC FEE SEMESTER WISE ( IN RUPEES )
2017 - 18 2018 - 19
Sem1 Sem2 Sem3 Sem4
TUTION FEE ( NON REFUNDABLE )
85050 85050 93550 93550
LIBRARY FEE ( PER YEAR) ( NON REFUNDABLE )
5600 - 6200 -
MEDICLAIM & STUDENT DEVELOPMENT FEE ( PER YEAR )
( NON REFUNDABLE )
2800 - 3100 -
EXAM FEE ( PER YEAR )
2800 - 3100 -
TOTAL
96250 85050 105950 93550
ONE TIME PAYMENTS
- - - -
SECURITY DEPOSIT ( ONE TIME ) ( REFUNDABLE )
7100 - - -
*ALUMNI ASSOCIATION MEMBERSHIP FEE ( ONE TIME ) 
( NON REFUNDABLE )
- - - -
REGISTRATION FEE ( ONE TIME )
7100 - - -
TOTAL
14200 - - -
TOTAL at Admission Time
110450  85050  105950  93550

ACADEMIC FEE STRUCTURE
2019-20 & 2020 - 21

ACADEMIC FEE SEMESTER WISE ( IN RUPEES )
2019 - 20 2020 - 21
Sem5 Sem6 Sem7 Sem8
TUTION FEE ( NON REFUNDABLE )
102950 102950 113200 113200
LIBRARY FEE ( PER YEAR) ( NON REFUNDABLE )
6800 - 7500 -
MEDICLAIM & STUDENT DEVELOPMENT FEE ( PER YEAR ) ( NON REFUNDABLE )
3400 - 3700 -
EXAM FEE ( PER YEAR )
3400 - 3700 -
TOTAL
116550 102950 128100 113200
ONE TIME PAYMENTS
- - - -
SECURITY DEPOSIT ( ONE TIME ) ( REFUNDABLE )
- - - -
*ALUMNI ASSOCIATION MEMBERSHIP FEE ( ONE TIME ) ( NON REFUNDABLE )
- - 3500 -
REGISTRATION FEE ( ONE TIME )
- - - -
TOTAL
- - 3500 -
TOTAL at Admission Time
 116550  102950  131600  113200

Note: 

1. NIFT reserves the right to revise the above mentioned fee for any academic year

2. For students admitted to two year masters course, the fee has to be paid only for two years i.e 2017-18 & 2018-19
*For PG students it will be in 3rd semester.

IMPORTANT LINKS

NIFT Study Materials

NIFT Application Forms 2017

NIFT Eligibility 2017

NIFT Coaching 2017

NIFT Syllabus 2017

NIFT Preparation Tips

DOWNLOADS

NIFT Admission Brochure 2017

NIFT Sample Papers

ACADEMIC FEE  FOR NRI ( Per Year Consisting of two semesters ) ( IN RUPEES )
2017 - 18 2018 - 19
TUTION FEE ( NON REFUNDABLE )
646000  710600
LIBRARY FEE ( PER YEAR) ( NON REFUNDABLE )
 37300  41000
MEDICLAIM & STUDENT DEVELOPMENT FEE ( PER YEAR ) ( NON REFUNDABLE )
 23900  26200
EXAM FEE ( PER YEAR )
 2800  3100
TOTAL
 710000  780900
ONE TIME PAYMENTS
   
SECURITY DEPOSIT ( ONE TIME ) ( REFUNDABLE )
 7100  -
*ALUMNI ASSOCIATION MEMBERSHIP FEE ( ONE TIME ) ( NON REFUNDABLE )
 -  -
REGISTRATION FEE ( ONE TIME )
 7100  -
TOTAL
 14200  -
TOTAL at Admission Time
 724200  780900

 

ACADEMIC FEE  FOR NRI ( Per Year Consisting of two semesters ) ( IN RUPEES )
2019 - 20 2020 - 2021
TUTION FEE ( NON REFUNDABLE )
 781700  859800
LIBRARY FEE ( PER YEAR) ( NON REFUNDABLE )
 45100  49600
MEDICLAIM & STUDENT DEVELOPMENT FEE ( PER YEAR ) ( NON REFUNDABLE )
 28900  31800
EXAM FEE ( PER YEAR )
 3400  3700
TOTAL
 859100  944900
ONE TIME PAYMENTS
   
SECURITY DEPOSIT ( ONE TIME ) ( REFUNDABLE )
 -  
*ALUMNI ASSOCIATION MEMBERSHIP FEE ( ONE TIME ) ( NON REFUNDABLE )
 -  3500
REGISTRATION FEE ( ONE TIME )
 -  
TOTAL
 -  
TOTAL at Admission Time
 859100  948400

 Note: 

1. NIFT reserves the right to revise the above mentioned fee for any academic year

2. For students admitted to two year masters course, the fee has to be paid only for two years i.e 2017-18 & 2018-19
*For PG students it will be in 3rd semester.

EDUCATIONAL LOAN AT NIFT

For Student Education Loans, NIFT has tied up with the Union Bank of India (UBI) at a special rate of interest of 11.75%. The rate of interest is 11.25% for candidates belonging to SC/ST category and Girl students. UBI has issued pre-approved sanction of loans to all aspirants who get admission at NIFT. The pre-approved sanction letter is at Annexure V in the NIFT Admission Brochure 2017. The students can approach any Branch of UBI across the country with proof of clearing the NIFT entrance test to avail the facility. NIFT Means – cum – Merit Financial Assistance Scheme NIFT offers limited subsidies to meritorious students who are in need of financial assistance as per the provisions made in Means-cum-Merit Financial Assistance Scheme but the availability cannot be assured. Students who are interested in availing this facility should submit their application along with parental income certificate and contact the Student Development Activity Coordinator (SDAC) at their campus after admission.
NIFT also offers assistance through a Student Assistantship Programme on campus. This gives them part time employment within the institute.

Refund of fee after withdrawl of Admission at NIFT

1. A candidate, who has taken admission once and then withdraws, will not be considered for admission at later stage.
2. In case the candidate is seeking refund before commencement of academic session,the request for withdrawal of admission in the prescribed proforma (Annexure-III) as provided in the NIFT Admission Brochure 2017,may be submitted to the Director of the Campus where the candidate attended the counselling. After commencement of the academic session, refund request may be submitted to the Director of the Campus allotted to the candidate. The candidates will be required to surrender the original Admission Receipt issued at the time of Counselling/Admission while applying for withdrawal of admission. Requests for withdrawal of admission would not be entertained without original admission receipt.
3. The refund against withdrawal of seat will be governed as under:

S.No. Time Amount Refunded NRI / SAARC / Foreign National Candidates
1 On or before 20th July 2017 Full Fee except Registration Fee Full Fee except 50% tution fee and Registration Fee
2 After 20thJuly 2017 but
before the date of start of
last round of counselling
Full Fee except 50% tution fee and Registration Fee
3 On or after the date of
start of last round of
counselling
Only Security Deposit

 Note: For latest NIFT updates please visit the website http://www.nift.ac.in/ 


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