There’s a range of financial help available to students at NIMT, including government student loans for tuition fees and living costs, various government scholarship schemes, and college-level scholarship aids.
If you apply for financial aid, you may be offered loans from various banks. A loan is money you borrow and must pay back with interest. If you decide to take out a loan, make sure you understand who is making the loan and the terms and conditions of the loan.
Vidya Lakshmi Portal:
Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. This portal has been developed under the guidance of the Department of Financial Services (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA). The portal has been developed and being maintained by NSDL e-Governance Infrastructure Limited. Students can view, apply and track the education loan applications to banks anytime, anywhere by accessing the portal.
Scholarships by students can be availed after taking admission. These scholarships are reimbursed by the state government and central government.
National Scholarship Portal:
National Scholarships Portal is one-stop solution through which various services starting from student application, application receipt, processing, sanction and disbursal of various scholarships to Students are enabled. National Scholarships Portal is taken as Mission Mode Project under National e-Governance Plan (NeGP)
UP Scholarship Portal:
This portal is for students with Uttar Pradesh as a domicile state. Uttar Pradesh State Government The students must submit the forms online and follow the schedule that is updated from time to time on the UP Scholarship website.
Other State Scholarships: Students of other states must fill the form either via the UP Scholarship Portal to apply to their domicile state for reimbursement or directly to their state/district social welfare department as per the procedure of each state.
Scholarships currently provided by NIMT to its students are
COVID-19 Warriors Scholarship:
In the view of the coronavirus pandemic, NIMT has announced a scholarship called ‘COVID-19 Warriors Scholarship’ for the wards of the frontline workers such as doctors, nurses, para-medical staff, police, bankers, civic staff, farmers, state and central government employees.