Chandbali College was established in June, 1979, by eminent personalities of this locality with a natural beauty campus of nearly 12 acres. The aim of the college is to offer quality education to students from diverse backgrounds, irrespective of region, religion, caste, economic strata and to develop an all round personality with social responsibility. The institution came under State Governments Grant-in-aid scheme in June, 1984. The college was affiliated to Utkal University, Vani Vihar, Bhubaneswar for Intermediate Arts/Commerce Courses and Vocational subjects. The B.A./B.Com. Degree courses were introduced in 1981. Subsequently in 1983 as per the decision of the Govt. of Odisha the I.A./I.Com. Courses were separated from the University courses and + 2 courses were created and the +2 wing of the college got affiliated to the council of Higher Secondary Education, Orissa. UGC recognition under 2(f) & 12(b) was obtained in July, 1992. Science classes at +2 level were started in the session 1992-93 and at +3 Science started in the session 2003-04. F.M. University came into being in the year 1998 by the state Government and now this institution is under F.M. University, Vyasavihar, Balasore.