Hello Akarsh,

Self financed colleges are those which do not receive money from the government for teaching their courses, infra and maintenance. The fees are higher here.

Aided colleges are those that receive government funding for their operations, and hence charge low student fees.

Hello Akarsh Chaubey

The college which gets funds from the government for its functioning is Aided College, whereas the one which does not get any funds from the government is Self Finance College.