NLSIU sustains itself on the revenues from fees received from academic programmes including Professional and Continuing Education (PACE) programmes, research and consultancy projects and other related activities. Student fees from the on-campus academic programmes do not meet the expenses incurred to deliver these programmes. Hence, all students enrolled in on-campus academic programmes are subsidised by the University.
Students are admitted to NLSIU based on their academic performance in the admission process. The University has adopted an inclusion policy that ensures that students from diverse social, linguistic and economic backgrounds from across India benefit from a rigorous and transformative education. The admission process does not take into account the financial background of the applicant. Further, the University is dedicated to ensuring that students admitted to an academic programme are provided with necessary support to continue their studies, irrespective of financial constraints. This Financial Aid Policy sets out the University’s approach to delivering on this commitment.
Financial Aid at the University is of three main types:
- University Aid that is administered and funded by University managed funds;
- External Aid that is administered by the University but funded by third parties;
- Third-Party Aid that is facilitated by the University but administered and funded by third parties.
Read the Financial Aid Policy
Third-Party Aid:
The University offers a number of external scholarship options to our students. These include private scholarships as well as those offered under the National Scholarship Portal and the State Government Scholarship Portal. For more details, view list of External Scholarships.
External Aid:
- Class of 1994 Scholarship
- Class of 1996 Scholarship
- Class of 1996 (Stipend)
- Class of 1999 (Stipend)
- Class of 2002 Scholarship
- Class of 2011 Scholarship
- Class of 2014 Scholarship
- Class of 2016 Scholarship
- Ajoy Halder Memorial Scholarship
- Col. Prakash Manik Bhat Memorial Scholarship
- Ajoy Halder THB Scholarship
- Shri Ray Sharda Ranjan Prasad Scholarship
- Hindustan Unilever Scholarship
- Allen & Overy Scholarships
- Shri. N.T. Vanamamalai Memorial Scholarship
- Lexygen Scholarships
- MZM Scholarship
- AZB and Partners Scholarship
Ph.D Scholarships:
- Dr N R Madhava Menon Scholarship (Class of 1995)
- Dr N R Madhava Menon Scholarship (GE India)
- Thakur Foundation Scholarship in Public Health and the Law
Education Loans
The University has engaged with a number of banks for education loans. Some of the links are given below:
- PM Vidyalaxmi Scheme – Education Loan Assistance for Students
NLSIU has been recognised by the Government of India under the PM-Vidyalaxmi Scheme as one of the leading higher educational institutions in the country. The scheme provides financial support (education loans) to meritorious students.The PM Vidyalaxmi Scheme provides collateral-free and guarantor-free education loans. There is no income limit to apply for this scheme, and loans up to Rs. 30 lakhs can be availed. Partial and full interest subvention is available for lower annual family incomes.The application to PM Vidyalaxmi Scheme must be filled through the official PM Vidyalaxmi Portal: https://pmvidyalaxmi.co.in before applying for financial aid with the University. For detailed guidelines & process, please visit PM Vidyalaxmi Scheme section (Know more: Scheme Guidelines & Loan Application Process).