Fee Structure Overview
The fee structure for the MBA program at Andaman Nicobar Collge Ancol Port Blair is designed to be transparent, affordable, and aligned with the quality of education provided. The total cost of the program includes tuition fees, hostel charges, mess fees, and other miscellaneous expenses.
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | 300000 | 60000 | 30000 | 5000 | 2000 | 1000 | 1000 | 399000 |
| 2 | 300000 | 60000 | 30000 | 5000 | 2000 | 1000 | 1000 | 399000 |
Fee Components
Each component of the fee structure is carefully designed to cover the costs associated with providing quality education and services to students. The tuition fee covers the cost of instruction, academic resources, and access to university facilities. The hostel charges cover accommodation and basic amenities, while the mess charges cover meals and dining services.
The student benevolent fund is a contribution towards supporting students in need, including those facing financial difficulties or emergencies. The medical fees cover healthcare services provided by the university's medical center, while the gymkhana fees support recreational and sports activities. The examination fees cover the cost of conducting exams and evaluating student performance.
Hostel & Mess Charges
The hostel facilities at Andaman Nicobar Collge Ancol Port Blair are designed to provide a comfortable and conducive environment for learning. The hostel charges vary based on the type of room and amenities provided. The university offers single, double, and triple occupancy rooms, with different pricing structures for each category.
The mess charges are calculated based on the number of meals provided and the quality of food served. The university operates a centralized mess system that provides three meals a day to hostel residents. The mess billing system is integrated with the student portal, allowing for easy tracking and payment of mess charges.
Rebate policies are available for students who do not reside in the hostel for certain periods, such as during internships or study abroad programs. The rebate is calculated based on the number of days the student is absent from the hostel and is adjusted in the monthly billing cycle.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waivers, concessions, and scholarships to support students from economically disadvantaged backgrounds. These financial aid options are designed to ensure that all qualified students have access to quality education, regardless of their financial circumstances.
The eligibility criteria for fee waivers and concessions are based on income slabs and other factors such as disability, single parent status, and orphan status. Students must submit relevant documentation to prove their eligibility for these benefits. The application process is handled through the university's online portal, where students can upload their documents and track the status of their applications.
Scholarships are available for meritorious students based on their academic performance, entrance exam scores, and other achievements. The university also offers need-based scholarships for students who demonstrate financial need and academic excellence. These scholarships are awarded annually and are subject to review based on performance and continued eligibility.
Payment Procedures & Refund Policy
The payment procedures for the MBA program are designed to be simple and convenient, with multiple options for payment including online banking, credit/debit cards, and NEFT/RTGS transfers. Students are required to make payments by the specified deadlines to avoid late fees and penalties.
Payment deadlines are clearly communicated to students at the beginning of each semester, with a grace period of 15 days for late payments. Late fees are calculated at 2% per month on the outstanding amount, and students are required to pay these fees to maintain their enrollment status.
The refund policy is designed to be fair and transparent, with refunds processed within 30 days of the withdrawal of a student from the program. Refunds are subject to the deduction of any outstanding fees, penalties, and administrative charges. Students are required to submit a formal withdrawal request along with supporting documents to initiate the refund process.