It’s an amazing experience even if Hostel is on the pricier side, the convenience makes up for it so you can concentrate on other academic and extra-curricular activities and make use of other opportunities that day scholars often miss out.
We normally don’t miss school per se and are always excited to meet them. Now imagine being able to spend the whole semester living with them 🙂
IMHO, you miss on a lot if you don’t take the hostel. If the fees are not an issue, do take it. Try to get the scholarship if you can (BITSAT score) to pay less for the semester