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My family situation was even more dire and they had absolutely 0 savings. Somehow I made it through the 5 years. I made lifelong friends, had amazing experiences and made good contacts. I got a PPO at a tier - 2 through internships. But then again I wasn't great at studies during my time there. If it is not a veryyyy big burden, honestly go for it. With relatives in Delhi, things would be better and you would not require frequent flights back home.
As far as life at JGU is concerned, it is like a HUGE buffet, there are going to be so many dishes around, but you have limited space on your plate, so make the most of the dishes which you find the most favourful. It is honestly a fun time. But, do note that many students do not find it very fun and think because of some obnoxious rich brats (not everyone is like that). Having a good friend group and nice roommates is the key to a good time I feel.
If you have money, go to jindal.
If you have merit, go to NLU.
Let me put it another way: SP Jain or IIM Sambhalpur? Obvs SP Jain!