Finance Guide
Finance Corner
Welcome to our dedicated resource center for parents planning their child’s legal education journey.
Overview
Education Investment
Understanding law education costs and planning your investment wisely for your child’s future
Scholarship Opportunities
Explore various scholarships and financial aid options to reduce the financial burden
Education Loans
Complete guide to education loans with competitive interest rates and flexible repayment options
Parent Support
How parents can effectively support their child’s CLAT preparation journey
Fee Structure 2025
Top NLU Fee Details
| University | Annual Fees | Hostel & Mess | Total Annual Cost | 5-Year Total |
|---|---|---|---|---|
| NLSIU Bangalore | ₹2,80,000 | ₹1,20,000 | ₹4,00,000 | ₹20,00,000 |
| NALSAR Hyderabad | ₹2,50,000 | ₹1,10,000 | ₹3,60,000 | ₹18,00,000 |
| WBNUJS Kolkata | ₹2,20,000 | ₹1,00,000 | ₹3,20,000 | ₹16,00,000 |
| NLIU Bhopal | ₹2,00,000 | ₹90,000 | ₹2,90,000 | ₹14,50,000 |
Note: Fees are approximate and may vary. Additional costs include books, supplies, and personal expenses.
Scholarship Opportunities
Merit Scholarship
- Eligibility: Top CLAT rank holders
- Benefits: 25-100% tuition fee waiver
- Requirements: Minimum 75% in 12th
Need-Based Scholarship
- Eligibility: Family income < ₹8 lakhs per annum
- Benefits: Partial to full tuition coverage
- Requirements: Valid income certificate
Education Loans
SBI Scholar Loan
- Interest rate: 8.5% - 10.5% p.a.
- Loan amount: Up to ₹20 lakhs
- Moratorium period: Course duration + 6 months
- Repayment tenure: Up to 15 years
HDFC Educational Loan
- Interest rate: 9.0% - 11.0% p.a.
- Loan amount: Up to ₹30 lakhs
- Quick approval within 48 hours
- No collateral up to ₹7.5 lakhs
FAQs
Q: How much does it cost to complete 5-year LLB from an NLU?
A: The total cost ranges from ₹14-20 lakhs, including tuition, hostel, and mess charges.
Q: Are education loans easily available for law education?
A: Yes, major banks offer attractive terms with interest rates ranging from 8.5% to 11% p.a.
Q: What scholarships are available for CLAT aspirants?
A: Various scholarships including merit-based, need-based, and category-based options are available.
Last updated: January 2025
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