Dear Aishwarya,
Yes, It is okay to take admission to the college without the fee waiver option. However, you will not be able to get the fee waived off the facility in such a college. As per the guidelines released by Dr Ambedkar Institute of Technology for Handicapped, the fee waiver option is available for economically weaker meritorious students. No tuition fee is charged from the students against such seats. Moreover, students have to submit the income certificates of their parents during the document verification process. Note that, this shall not be confused with the EWS category.
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