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Scholarship and EMI Options for Online Degrees

Published on June 25, 2025 • UniFost Blog

With UGC-approved online degrees now widely available, higher education is more accessible than ever. But for many, financial constraints are still a concern. Fortunately, many universities now offer scholarships and EMI (Equated Monthly Installment) options to ease the burden.

🎓 Scholarship Options

Scholarships are offered based on different eligibility categories:

  • Merit-based: For students with academic excellence
  • Need-based: For students from economically weaker sections
  • Special categories: For women, SC/ST, armed forces, and differently-abled students
  • Corporate tie-ups: Scholarships through employer partnerships or CSR programs

💳 EMI and Financing Options

Many online universities partner with banks and fintech companies to offer EMI plans such as:

  • 0% EMI for 6, 9, or 12 months
  • Monthly payments starting as low as ₹3,000
  • Instant digital approval with minimal documents
  • Online KYC and quick disbursement process

🏫 Universities Offering Financial Aid

Top online universities like Amity Online, Manipal Online, LPU Online, and NMIMS Global offer scholarships and financing plans to support eligible students.

📌 How to Avail These Benefits

  1. Check the university’s website or consult UniFost for current scholarship offers
  2. Keep academic and income documents ready
  3. Apply early to increase your chances of approval
  4. Select an EMI plan that fits your budget and repayment ability

💡 Expert Advice:

Read all EMI terms carefully. Some offers are 0% EMI, but others may include hidden charges. If in doubt, talk to a UniFost expert for free personalized guidance.

🧾 Conclusion

Don’t let financial limitations stop your education. With the right scholarship and EMI support, you can earn a quality online degree that sets you up for future success.

Book a free counseling session to explore universities that offer financial aid and EMI plans.