Fee Structure
The total cost of the MBA program at Akal University Bathinda includes tuition fees, hostel charges, mess advance, and other mandatory expenses. The fee structure is designed to provide high-quality education while remaining accessible to deserving students.
Annual Fee Breakdown
| Fee Component | Semester 1 (INR) | Semester 2 (INR) | Total (INR) |
|---|---|---|---|
| Tuition Fee | 3,00,000 | 3,00,000 | 6,00,000 |
| Hostel Rent | 50,000 | 50,000 | 1,00,000 |
| Mess Advance | 20,000 | 20,000 | 40,000 |
| Student Benevolent Fund | 5,000 | 5,000 | 10,000 |
| Medical Fees | 2,000 | 2,000 | 4,000 |
| Gymkhana Fees | 1,000 | 1,000 | 2,000 |
| Examination Fees | 2,000 | 2,000 | 4,000 |
| Total | 3,78,000 | 3,78,000 | 7,56,000 |
Detailed Fee Components
Tuition Fee
The tuition fee covers access to all academic resources including classroom instruction, laboratory sessions, online learning materials, and faculty mentorship. It also includes participation in workshops, seminars, and industry interaction events.
Hostel Rent
Students can opt for on-campus accommodation with various room types available. The hostel charges include utilities such as electricity, water, internet connectivity, and security services. Single occupancy rooms are available at an additional cost.
Mess Advance
The mess advance is a pre-paid amount that covers meal expenses during the semester. The billing system operates on a monthly basis with adjustments based on actual consumption. Students can also choose to pay monthly instead of advancing the full amount.
Student Benevolent Fund
This fund supports students facing financial difficulties and provides emergency assistance for medical emergencies or other unforeseen circumstances. Contributions are voluntary but encouraged for building a supportive campus community.
Medical Fees
The annual medical fee covers access to on-campus health services, including consultations with doctors, basic treatments, and emergency care. Students also receive coverage under the university's insurance policy for major medical procedures.
Gymkhana Fees
This fee provides access to campus recreational facilities including gyms, sports complexes, and cultural centers. It supports student wellness programs and promotes physical fitness among all members of the academic community.
Examination Fees
The examination fee covers administrative costs associated with conducting internal assessments, external evaluations, and final semester examinations. It also includes the cost of maintaining academic records and issuing certificates upon completion of the program.
Hostel & Mess Charges
Akal University Bathinda offers modern hostel facilities with comfortable living conditions for students from all over the country. Hostel rooms are equipped with essential amenities including beds, study tables, wardrobes, and internet connectivity.
Room Types
- Single Occupancy Room: Rs. 50,000 per semester (includes all amenities)
- Double Occupancy Room: Rs. 35,000 per semester (shared bathroom facilities)
- Triple Occupancy Room: Rs. 25,000 per semester (shared bathroom facilities)
Mess Billing System
The mess billing system operates on a monthly basis with pre-paid advances for meals. Students receive detailed bills at the end of each month reflecting their actual consumption. The system includes options for meal plans, dietary preferences, and special arrangements for students with specific requirements.
Rebate Policies
Students may be eligible for rebates on hostel charges under certain conditions such as academic excellence, participation in sports or cultural events, or during periods of leave. Rebates are awarded based on performance and institutional policies.
Fee Waivers, Concessions, and Scholarships
The university offers various financial aid options to support deserving students from economically disadvantaged backgrounds. These include fee waivers, concessions, and scholarships that are awarded based on merit and need.
Eligibility Criteria for Scholarships
- SC/ST/PwD Category: Students belonging to reserved categories are eligible for 100% fee waiver if their family income is below Rs. 2 lakhs per annum.
- EWS Category: Students with family income between Rs. 2-5 lakhs qualify for partial fee concessions ranging from 25% to 50%.
- MCM (Meritorious Children of Migrant Workers): Eligible students receive 75% fee concession based on documentation of migration status and academic performance.
Application Process
Scholarship applications are submitted through the university portal during the admission process or within the first semester. Required documents include income certificates, caste certificates (for SC/ST/PwD), and academic transcripts. The selection committee reviews applications based on criteria such as financial need, academic excellence, and extracurricular achievements.
Payment Procedures & Refund Policy
The university follows a structured payment procedure to ensure timely fee collection and transparency in financial transactions.
Payment Deadlines
Fees must be paid before the start of each semester. Late payments attract a penalty of 5% per month on the outstanding amount. Students are advised to complete payments at least one week before the deadline to avoid any inconvenience.
Refund Rules
Refunds are processed according to university guidelines in cases of withdrawal or transfer. Applications for refunds must be submitted within 30 days of the decision to withdraw. The refund amount is calculated after deducting administrative charges and any outstanding dues.
The refund process typically takes 30-45 working days from the date of application submission. Students are advised to keep all original receipts and documents for future reference during the refund procedure.