Fee Structure
The total fee structure for the Bachelor of Business Administration program at A R Institute of Management and Technology is structured as follows:
| Fee Head | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Semester 5 | Semester 6 | Semester 7 | Semester 8 |
|---|---|---|---|---|---|---|---|---|
| Tuition Fee | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 |
| Hostel Rent | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 | ₹30,000 |
| Mess Advance | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 | ₹15,000 |
| Student Benevolent Fund | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 |
| Medical Fees | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 |
| Gymkhana Fees | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 |
| Examination Fees | ₹2,500 | ₹2,500 | ₹2,500 | ₹2,500 | ₹2,500 | ₹2,500 | ₹2,500 | ₹2,500 |
| Total Annual Fee | ₹1,72,000 | ₹1,72,000 | ₹1,72,000 | ₹1,72,000 | ₹1,72,000 | ₹1,72,000 | ₹1,72,000 | ₹1,72,000 |
The tuition fee covers access to all academic resources including digital libraries, laboratory facilities, and faculty mentorship programs. The hostel rent includes accommodation in shared or private rooms depending on availability and preference. The mess advance is a fixed amount that covers meals for the semester, with adjustments made based on consumption.
Hostel & Mess Charges
Hostel charges include utilities like electricity, water, internet connectivity, and maintenance services. The complete mess billing system ensures transparency in meal charges and allows for easy adjustments based on consumption patterns. Rebate policies apply to students with exceptional academic performance or those who have completed internships during the semester.
Fee Waivers and Scholarships
Financial aid options are available for students from economically disadvantaged backgrounds. Fee waivers, concessions, and scholarships are granted based on income slabs and family financial status. SC/ST/PwD students may receive up to 100% concession in tuition fees, while EWS students can avail of partial discounts.
The application process for fee waivers requires submission of relevant documents including income certificates, caste certificates, disability certificates, and Aadhaar cards. The selection committee reviews applications based on eligibility criteria and grants benefits accordingly.
Payment Procedures & Refund Policy
Payment procedures are straightforward with multiple options including online banking, NEFT/RTGS transfers, and cash payments at the institute. Payment deadlines are strictly enforced to ensure timely processing of student records. Late fees are applicable beyond the deadline, calculated as 1% of total amount per day.
The refund policy applies in cases of withdrawal or discontinuation of studies. Refunds are processed within six weeks after formal notice is received from the student or parent. Official documentation including cancellation forms and bank statements are required for processing refunds.