Hi Candidate,

It's great to hear that you have been selected for NITs, heartiest congratulations for that!!

As you have already got into KEAM in a self-financing college, then you have to first cancel your enrollment and then go for NIT admission. In order to cancel your enrollment, you have to consult the college administration and ask for the formalities to be followed for the same.

Regarding the penalty, you have to consult with your student counsellor and the admission adminstrator and explain your situation and then follow their instructions carefully.

Hope that the answer helps you!!