Is NIT cheaper than IIT?

Yes, NITs are much cheaper than IITs. NITs and IITs are prestigious institutes in India, known for their Engineering courses. However, some key differences make NITs a cheaper and better option than some IITs. 

NITs are funded by the government of that particular state, while IITs are directly funded by the Central Government. Both NITs and IITs have good infrastructure and modern laboratories. NITs offer equal facilities, education, etc. at a lower fee than several IITs. 

NITs are much cheaper than IITs. IITs on average charge INR 1.50 - 6.70 Lakhs as the annual tuition fee for UG courses. On the other hand, the lowest annual tuition fee at an NIT for UG courses is INR 50,000. Similarly, the hostel fees, admission fees, and fees for different amenities are much cheaper at NITs. 

Despite its low fees, NIT Trichy is placed among the top 10 Engineering colleges in India by various Ranking agencies, leaving behind 2nd and 3rd generation IITs.