Financial Assistance to Institutions

(1) The Government may provide financial assistance to private institutions based on the following criteria: (a) The performance of the institution in the previous academic years, (b) The number of students enrolled, (c) The availability of necessary infrastructure, (d) Need for higher education in the area, (e) Quality of research and development activities in the institution. (2) The amount of assistance provided shall be subject to the availability of funds and the discretion of the State Government.