what is self financed course

Self-financing courses are the ones for which the government or the University Grants Commission does not provide financial aid and the students are expected to bear the entire cost. Almost all colleges in Mumbai now offer these courses.

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What are self-financing courses?

“The self-financed courses involve project-based learning. However, many colleges don’t have information and communication technology (ICT) and other resources in place.

Is a self-financed college an autonomous college?

Conduct of Self Financing Certificate Courses. Introduction of Self-Financing Add-on Courses. Conduct of M.Phil. course on Regular Basis. Starting of Part-Time M.Phil for Employed Teachers (Summer Courses) Introduction of Certificate Courses in Popular areas like Wellness, Health & Fitness, Management, Sports Journalism etc.

How do self-financed BCom courses work?

Jun 29, 2018 · Priyanshu 24th Jun, 2019. Ok. Regular course is funded by the government where university doesn't has to put into it's own money to teach you and provide you with other facilities, such as, hostel, mess, library, societies and all. But in a self-financed course these all are provided to you by the "University" not government's funding.

How difficult is it to start a self-financed college?

Apr 13, 2022 · He said around 1 lakh students study in various self-financed courses, whose fee ranges from Rs 40,000 to Rs 80,000. If these courses were changed to budgeted ones then the fees would decrease and ...

What is the difference between regular and self finance courses?

Regular course is funded by the government where university doesn't has to put into it's own money to teach you and provide you with other facilities, such as, hostel, mess, library, societies and all. But in a self-financed course these all are provided to you by the "University" not government's funding.Jun 29, 2018

What are self-financed students?

You may be considered to be a self-funded student if you are: funding your own studies. getting financial help from family or friends. receiving financial assistance direct from an external funder (excluding educational loans from a government agency)Jul 9, 2021

Is self-financing course good?

The most positive and luring aspect of these courses is that they are more practical-oriented. Self-financing courses are the ones for which the government or the University Grants Commission does not provide financial aid and the students are expected to bear the entire cost.Jun 9, 2016

What is difference between BCom regular and BCom self finance?

There no difference between the two other than the fees of the two, the fee structure of self financed b.com is quite higher than regular b.com so students usually prefer going for regular b.com but the course structure of both of them is same. Hope this answer might help you.May 9, 2018

What are the advantages of self-financed colleges?

One plus point in favour of a self-financed college is that it can have an admission process based strictly on merit & not bother about the reservation system. Strictly on the basis of marks students can be admitted to the institute.

What is the biggest hurdle for a self-funded college?

The biggest hurdle of a self-financed college is to fill up the seats. Without students, there can be no money to maintain the campus, not to mention pay faculty & other staff. A lot of resources can go waste if this happens, as is often the case. Consider, for example, a self-financed engineering college.

How many extra seats are there in engineering colleges in India?

A few weeks ago, the All India Council for Technical Education (AICTE) announced that there would be 720 extra seats in current colleges (much more than was the case in the past) for engineering students in India. On the face of it, this looks good as it means that more students can apply to an institute of their choice.

Is it tough for teachers to sustain themselves?

With no leave benefits and little job security, it is tough for such teachers to sustain themselves & their families. Those few self-financed colleges which can afford to give high pay generally expect the faculty to toe their line and remain long-term fixtures without job-hopping.

Is there a proper monitoring of the education system?

The core issue is not which provides better education but the fact that overall there is no proper monitoring of the education system as a whole. Proper & regular checks should be made of not just self-financed institutes, but of all educational institutes. Despite having regulatory norms & guidelines, there are no regular checks done ...

Is there a limit to the quality of a self-funded college?

If the self-financed college is having no dearth of funds, then there is no limit to the high quality facilities that it can offer. Students can get great labs & equipment, sports facilities and hostel rooms not to mention good food on campus.

Can you pay for 2 semesters for 1 semester?

More often than not, you end up paying fees of 2 semesters for 1 semester! Finally there is the issue of the faculty & their pay. Unless the self-financed college has got access to a large amount of funds, they cannot get highly experienced staff to teach for the long term.

What is a self-financed college?

Self financed colleges are either set by The Act passed by the State Government By the State Legislative Assembly and are called as State Private Colleges or are Set up by Central Government with a special permission from Human Resource Department or Ministry and are known as deemed Universities or colleges.

What is finance disbursement?

Finance, on the other hand, is a disbursement that must be accounted and expended or invested as per the charter, from time to time, of the organization or institution that is being so funded and need not be in accordance with stipulations set by Government. (e.g. Public Sector Undertakings) However, such nit pic.

What is the difference between aided and unaided colleges?

A college that gets aid from the government is termed as aided college whereas a college that does not get any funds or aid from the government is called as unaided college.

Why are unaided colleges better than aided colleges?

Though private managements run these two sects of colleges, the unaided colleges have more freedom and liberty than the aided college s. 1.

What is aid in government?

Aid is a disbursement towards such objectives that the Government considers laudable and which needs to be accounted but need not be repaid and may be expended or invested as per the conditions under which such aid is granted. (e.g. Government aided educational institutions)

Do unaided colleges get grants?

While aided colleges get support from the government, unaided colleges do not get any support from the government side. The aided colleges get grants from the government for various purposes like infrastructure development, academic activities.

Can I take an unaided course if I'm financially weak?

If you think, you are financially weak, you can opt an aided course. Yet for an unaided course in a good college, plenty of banks offer study loan. But before you join an unaided course, beware of the commitments you need to accept. For example, some aided courses are given only after you accept that you w.