Grants and Financial Assistance

The University shall be self-financing and non-profit making organization shall neither make a demand nor shall be entitled to any maintenance grant-in-aid or any other financial assistance from the State or any other body or corporation owned or controlled by the State: Provided that, the State may, provide financial support through grants or otherwise,- (a) for research, development and other activities for which other State Government organizations are provided financial assistance; or (b) for any specific research or programmes receiving support from the State Government; (c) for the benefit of similar universities in the State whether subject to a change in State policy or otherwise; (d) for supporting the maintenance grant or special grants or any other support that the State Government may provide for similar institutions for such purposes from time to time; and (e) for implementing the provisions set out in the new National Education Policy, 2020 adopted by the Government of India and Government of Karnataka: Provided further that, the university may receive any financial support from any other source.