Self Financing Colleges are those which do not have any external source for financial aids like Central or State Government. They work upon the fess collected by the students annually as their yearly/semester fess. They do not get any aid for infrastructure, facilities and other amenities and that is the reason some of the self-financing institute have a heft fees structure.

Whereas other colleges have some or the other aid from either Central Government (like IIT's) or State Government (like DTU) and so get a an accreditation of government college.