Fee Structure Overview
The fee structure at ACCM Tirunelveli is designed to provide high-quality education while remaining affordable for students from diverse economic backgrounds. The college offers flexible payment options and financial assistance programs to support students throughout their academic journey.
Annual Fee Breakdown (2024-25)
| Component | Amount (INR) |
|---|---|
| Tuition Fee | 1,20,000 |
| Hostel Fee | 45,000 |
| Mess Charges | 30,000 |
| Medical Insurance | 2,000 |
| Security Deposit | 15,000 |
| Other Charges | 8,000 |
| Total Annual Fee | 2,20,000 |
Semester-wise Fee Distribution
The annual fee is typically divided into two semesters, with each semester costing approximately ₹1,10,000.
| Semester | Fee (INR) |
|---|---|
| Semester 1 | 1,10,000 |
| Semester 2 | 1,10,000 |
Hostel & Mess Charges
ACCM Tirunelveli offers modern hostel facilities for both male and female students. The hostels are equipped with essential amenities to ensure a comfortable living environment.
Hostel Amenities
- Single, Double, and Triple occupancy rooms
- Wi-Fi connectivity
- 24/7 security
- Laundry services
- Study rooms
- Common areas with TV and recreational facilities
- Medical facility on campus
- Centralized water supply
Hostel Fee Structure
| Room Type | Monthly Fee (INR) | Annual Fee (INR) |
|---|---|---|
| Single Occupancy | 3,750 | 45,000 |
| Double Occupancy | 2,250 | 27,000 |
| Triple Occupancy | 1,500 | 18,000 |
Mess Charges
The college provides a comprehensive mess facility that serves nutritious meals to students. The charges include breakfast, lunch, and dinner with a variety of vegetarian options.
| Meal Plan | Monthly Fee (INR) | Annual Fee (INR) |
|---|---|---|
| All Meals | 2,500 | 30,000 |
Return on Investment (ROI) Analysis
The ROI for students at ACCM Tirunelveli is calculated based on the total cost of education and the average starting salary offered by employers. With an average package of ₹500,000 and a total fee of ₹2,20,000, the college provides an attractive ROI.
ROI Calculation
Let’s assume a student completes their course in four years and starts working immediately after graduation:
- Total Cost of Education: ₹8,80,000 (2,20,000 × 4)
- Average Starting Salary: ₹500,000
- ROI = (Salary - Total Cost) / Total Cost × 100
- ROI = (500,000 - 880,000) / 880,000 × 100 = -39.77%
While this initial ROI may appear negative, it is important to consider the long-term growth potential and career progression opportunities that come with ACCM Tirunelveli's degree.
Long-Term ROI
Over a period of 5 years, graduates from ACCM Tirunelveli typically see their salaries grow significantly. With promotions, skill development, and experience, many alumni achieve package levels above ₹10 lakh per annum, making the initial investment in education highly rewarding.
Financial Assistance and Payment Options
To make education accessible to all deserving students, ACCM Tirunelveli offers various financial assistance options including scholarships, installment plans, and loan facilities.
Installment Plan
Students can opt for an installment plan that allows them to pay fees in manageable monthly installments without interest charges. This helps families manage the financial burden of education.
Loan Facilities
The college partners with banks to provide educational loan facilities at competitive interest rates and flexible repayment terms. Students can apply for these loans through a streamlined process facilitated by the college's finance department.
Additional Charges and Fees
In addition to tuition and hostel charges, students may incur additional fees related to:
- Library membership
- Campus activities and events
- Examination fees
- Internship stipends
- Placement-related expenses
- Student services
Library Membership
All students are required to pay a nominal library membership fee of ₹500 annually, which grants access to digital resources, journals, and research databases.
Examination Fees
Students may be charged examination fees for supplementary or revaluation papers. These fees range between ₹2,000 and ₹5,000 depending on the number of subjects involved.
Discounts and Special Offers
ACCM Tirunelveli offers certain discounts to meritorious students and those from economically disadvantaged backgrounds:
- Merit-based scholarships up to 100% tuition fee waiver
- Income-based financial aid for low-income families
- Sibling discount for students with siblings already enrolled in the college
- Early bird admission discounts for early applicants