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If budget is the primary concern, there are several legitimate ways to use the software without breaking the bank:

A simple, open-source tool for highlighting and tagging text.

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Check with your university library or IT department. Many institutions provide site licenses that allow students and faculty to download the full version for free. Better Alternatives (Open Source)

A more robust Python-based tool for coding text, images, and video. If budget is the primary concern, there are

If you cannot afford ATLAS.ti and your institution doesn't provide it, consider these free, open-source Qualitative Data Analysis (QDA) tools:

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Instead of buying a perpetual license, you can opt for a short-term license (6 months) which is very affordable for a single thesis or project.