Fee Structure Overview
The total cost of pursuing a Bachelor of Business Administration at Aisect University Hazaribagh includes tuition fees, hostel charges, mess advance, and other miscellaneous expenses. The fee structure is designed to be transparent and affordable, with provisions for financial assistance.
| Head | Semester-wise Breakdown (₹) |
|---|---|
| Tuition Fee | ₹40,000 per semester |
| Hostel Rent | ₹25,000 per semester |
| Mess Advance | ₹10,000 per semester |
| Student Benevolent Fund | ₹1,000 per semester |
| Medical Fees | ₹500 per semester |
| Gymkhana Fees | ₹500 per semester |
| Examination Fees | ₹1,000 per semester |
| Total Annual Fee | ₹84,000 |
Detailed Explanation of Fee Components
Tuition Fee: This covers the cost of instruction, academic resources, and administrative support. It includes access to online libraries, laboratory facilities, and faculty mentorship.
Hostel Rent: The hostel accommodation is provided in shared rooms with basic amenities including bedding, study tables, wardrobes, and common areas. The rent covers utilities like electricity, water, internet, and maintenance services.
Mess Advance: Students are required to pay an advance for the mess during the first week of admission. This ensures that meal expenses are covered throughout the semester.
Student Benevolent Fund: This fund supports students facing financial hardships or emergencies. Contributions are voluntary and help in providing emergency assistance.
Medical Fees: Covers basic medical services, including consultations with doctors, diagnostics, and medication during the academic year.
Gymkhana Fees: Includes access to sports facilities, gymnasiums, and recreational activities. These fees support student wellness and physical fitness programs.
Examination Fees: Covers costs related to conducting internal assessments, external examinations, grading, and result processing.
Hostel & Mess Charges
The university provides hostel accommodation for all students, with options ranging from single occupancy to shared rooms. Hostels are equipped with modern amenities such as Wi-Fi, AC, hot water systems, laundry services, and 24/7 security.
Room types include:
- Single Occupancy Room: ₹15,000 per semester
- Double Occupancy Room: ₹12,000 per semester
- Triple Occupancy Room: ₹10,000 per semester
Mess billing is calculated based on the number of days attended. The mess menu includes vegetarian and non-vegetarian options, with special arrangements for students with dietary restrictions. Rebates are available for students who attend meals regularly.
Fee Waivers, Concessions, and Scholarships
The university offers various financial aid schemes to support deserving students:
- SC/ST/PwD Category: 100% waiver on tuition fee and hostel charges for eligible students.
- EWS Category: 50% concession on tuition fee and 25% on hostel charges.
- MCM (Meritorious Children of Migrant Workers): Full scholarship including tuition, hostel, and mess fees.
Eligibility criteria for scholarships include academic performance, family income, and social background. Applications must be submitted by the specified deadline along with supporting documents.
Payment Procedures & Refund Policy
All payments must be made through net banking or demand draft issued in favor of 'Aisect University Hazaribagh'. The payment deadlines are as follows:
- First Semester: Before the start of classes (May 1st)
- Second Semester: Before the start of semester (September 1st)
Late fees are charged at 5% per month on outstanding dues, with a maximum cap of ₹2,000. Refunds are processed only after verifying all academic and administrative requirements. Withdrawal requests must be submitted in writing and approved by the university authorities.