Unlimited Access to Online Course Modules at a Click
Learn More

High Course/ College Fee Bothering You? Here’s What You Can Do!

Sukriti Vajpayee
Sukriti VajpayeeUpdated On: October 08, 2021

Is the high fee of your course or college bothering you? Go through this article to know what options you have to get financial assistance for your degree.

How to Reduce Cost of Education

The cost of higher education is on a constant rise for quite a while now. Even the educational establishments by the central and state governments have witnessed a significant increase in the college fee. This is a bigger issue, in particular, for students who decide to study abroad.

Students across the globe are rendered worrisome due to the high college or course fees at both bachelor and masters levels. This concern is more daunting for students who opt to complete their degrees from a private college or university. Their fee is much higher than that of government colleges and students are often burdened with this financial aspect.

Instead of feeling torn between their finances and education, which is a considerably critical financial goal, students now have the option of funding their education through other means. Colleges and universities on the global level are offering financial aid to deserving students. With the correct information and guidance, students can learn how to avail monetary assistance for education.

Ways to Finance Your Education without Any Stress

Students looking for ways to deal with high college or course fees can find several options in this section.

Education Loan

An education loan is a commonly sought-after resort by students who have hefty amounts of college bills. Banks provide these loans to cover the cost of the course fee as well as the additional charges of other activities and things associated with the degree. It includes living expenses, study equipment, coursework material, travel, and other lifestyle expenses. 

The highest educational authorities have also introduced their own gateways of education loans. One example is the University Grants Commission (UGC) which has also opened an education loan portal with assistance from the Department of Financial Services (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development), and Indian Banks Association (IBA). Under this scheme, students can get loans up to Rs. 7.5 lac for studying in India and up to Rs. 15 lac for studying abroad.

As per the report published in The Times of India on May 25, 2019, even in the time span in which education loans in India had shrunk by 4%, the average ticket size of loans had hiked from Rs. 5.3 lacs to Rs. 9 lacs. 

Savings Account and Income Tax Savings

There are various tax-advantaged college savings plans to help students save for the inevitable costs of college. These are diverse plans with special features like allowing parents to maintain parental control, providing flexibility if beneficiaries have to be changed, keeping the funds from being considered student assets when applying for financial aid, etc. Establishing a savings plan early is advisable because it allows contributions to compound as long as possible. 

Students who have taken education loans are not required to return the amount in a haste. They are given enough time and flexibility to make it even with the bank. Additionally, showing your bank loans will also contribute to income tax savings. While these factors might not be entirely capable of solving the issue of high college fees by themselves, they do provide a helpful contribution.


A massive number of colleges and universities offer a wide variety of scholarships to students. These scholarships include need-based, merit-based, and other types of financial assistance. Several bodies such as the state government, the central government, educational authorities, colleges, private organisations, etc. introduce scholarship schemes. In most cases, these grants or scholarships do not have to be repaid and they are rolled out solely for the benefit of the student.

Students must go through the scholarships available at their college and apply for them if they qualify the criteria. Many college admission officers automatically put in the names of candidates for grants and college-sponsored scholarship awards. However, in some places, students have to apply themselves and they should always check to be sure.

Return on Investment

Every student must do thorough research about the return on investment of the college or course in which they are taking admission. The high tuition fee may be justified by the lucrative packages and thriving job roles. If there is a high possibility of a student not getting a well-paying job after the course, they should probably reconsider the advantages of pursuing the particular course from that college.

It is imperative to ensure that a university or college has a decent placement record before enrolling in it. Colleges that assist students in finding internships and jobs, have a good connection with the industry and prepare candidates for the placements to have an obvious and explicit advantage over the others. 

With these things in mind, students will find it easy to organize their thoughts and make informed decisions. These points will help them in finding ways to manage the burden of their high fee. The cost of education can be a source of worry for many students. However, our education system is evolving into a more student-friendly environment and is ready to extend assistance wherever required.

In case the stress of course and college fee is taking a toll on you or you wish to seek guidance and support from experts in the field of anxiety and crisis management, reach out to 90528-90528 or email us at seeksupport@collegedekho.com 


Be the First to Know

Get Access to Latest Updates

View All Questions

Related Questions

Is there a B.Tech lateral entry available at Siddhartha Institute of Technology & Science?

-sravanUpdated on November 29, 2021 01:37 PM
  • 4 Answers
Diksha Sharma, Student / Alumni

Dear Student,

Yes, B.Tech lateral entry is available at Siddhartha Institute of Technology & Science for which the admission is done on the basis of merit obtained in the qualifying exam. The candidates who have completed their degree in Diploma in Engineering course will be eligible for B.Tech lateral entry admission. Through lateral entry, the B.Tech will be for a total of 3 years duration.

You can also read B.Tech Lateral Entry to learn about the admission process, fees and other details for the course.

You can also fill the Common Application Form on our website ...


I got 467 mark in ICAR. can I get a good college?

-Anil Updated on November 27, 2021 06:01 AM
  • 4 Answers
Diksha Sharma, Student / Alumni

Dear Student,

For ICAR AIEEA, if you have a score above 200, you can easily get a good college. Your score is excellent with which you can get some of the top institutes for the admission. However, it also depends on the category you belong to(General/ OBC/ SC/ ST). Since you have not mentioned which category you are from, you can check the below table for ICAR AIEEA Cutoff 2020 which will help you get an idea:

ICAR AIEEA 2020 Cutoff:


Cutoff Score Range









You can also check the ...


When is the admission starting for this academic year?

-esha cUpdated on November 25, 2021 04:33 PM
  • 8 Answers
Diksha Sharma, Student / Alumni

Dear Student,

The new dates for admission at D.A.C.G Polytechnic will be notified soon as it has not been released yet. Meanwhile, you are advised to stay updated with College Dekho and the college official website to get the update as soon as the dates are out.

You can also fill the Common Application Form on our website for admission-related assistance. You can also reach us through our IVRS Number - 1800-572-9877.


Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy
Apply Now

Join us and get exclusive education updates!