Hello,

So basically let me explain by saying that self financing colleges are at a lot of disadvantage without the monetary support of students and wellwishers. A self financed institution may be accredited to NAAC, NIRF, AICTE , etc but still not have access to Government funds or grants commissioned to them. This means that they will utilise all the money available to them through fees and other sources to run the institution, pay the salaries of professors and other staff and campus maintenance. Therefore, if you hadn't paid already please check carefully if the initial fee to be paid is refundable. Most usually it is non refundable in case of self finance institutions but I would still ask you to double check. And think carefully before paying the fee. Hope this helps!