Does Manipal University provides scholarship for UG students?

After completing his higher secondary exams, my friend got into the Department of Commerce at Manipal University. He appeared for the ENAT entrance exam and he secured a national rank of 05.

When he got the letter of admission, the amount he was requested to pay was a lot lower than what was mentioned in the prospectus of the university. Every year, his fees were significantly lower than the normal fee.

He asked the head of the department if he had been granted a scholarship. It was only after he asked the finance department of the university did he come to know that he was granted a scholarship of merit. He was awarded this scholarship probably because his rank was between the 1st and 4th positions. A good rank in the entrance exams will make you eligible for scholarships.