NIFT Srinagar campus currently offers the following scholarship schemes to eligible and meritorious candidates for assistance in pursuing their studies from NIFT:
Educational Loan
NIFT has tie-up with the Union Bank of India (UBI) for Student Education Loans at a special rate of interest of 11.75%. The rate of interest is 11.25% for candidates belonging to SC/ST category. Girl students also enjoy a rate of interest of 11.25%. 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. 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.
Assistantship Program
NIFT also offers assistance through a Student Assistantship Program on campus. This gives the students part-time employment within the institute.