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Dear aspirant, as you said that the college you are studying is self financed, so yes you may discontinue the course but usually in private colleges they demand the fees for the complete degree even if you discontinue as they do not want to loose a seat and being a self financed college it is high chance that they may demand the fees for the whole course from you. So it is better than you should read the terms and conditions and know the proper procedure from your college authorities.
Hope it helps.
All the best:)
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