Fee Structure Overview
The fee structure for the Masters of Commerce program at Andaman Nicobar Collge Ancol Port Blair is designed to be transparent and affordable, with a detailed breakdown of all charges for the entire duration of the program.
| Component | Per Semester | Annual | Total (2 Years) |
|---|---|---|---|
| Tuition Fee | 80,000 | 160,000 | 320,000 |
| Hostel Rent | 20,000 | 40,000 | 80,000 |
| Mess Advance | 15,000 | 30,000 | 60,000 |
| Student Benevolent Fund | 2,000 | 4,000 | 8,000 |
| Medical Fees | 1,000 | 2,000 | 4,000 |
| Gymkhana Fees | 1,000 | 2,000 | 4,000 |
| Examination Fees | 2,000 | 4,000 | 8,000 |
| Other Charges | 10,000 | 20,000 | 40,000 |
| Total | 130,000 | 260,000 | 520,000 |
Fee Components Explained
Tuition Fee: This is the primary fee for academic instruction and access to course materials. It covers the cost of faculty, infrastructure, and academic resources.
Hostel Rent: Hostel accommodation is provided to all students, with different room types available. The rent covers maintenance, utilities, and security.
Mess Advance: This is a pre-paid amount for mess services, which are provided to students on a daily basis. The advance is adjusted at the end of the semester.
Student Benevolent Fund: This fund supports students in need, providing financial assistance for emergencies and special circumstances.
Medical Fees: This covers access to medical facilities on campus and basic healthcare services.
Gymkhana Fees: These fees support campus recreational activities and sports facilities.
Examination Fees: These fees cover the cost of conducting examinations and evaluating student performance.
Other Charges: These include miscellaneous fees for administrative services, library access, and other institutional expenses.
Hostel and Mess Charges
ANC provides comfortable and secure hostel facilities for all students. Hostel rooms are available in single, double, and triple occupancy options. The rent varies based on the room type and includes utilities such as electricity, water, and internet.
The mess billing system is designed to be simple and transparent. Students pay an advance for the semester, and the actual charges are adjusted at the end of the semester. The mess provides three meals a day, with a variety of vegetarian and non-vegetarian options.
Rebate policies are available for students who are absent due to valid reasons such as illness or travel. The rebate is calculated based on the number of days absent and is adjusted in the mess bill.
Fee Waivers, Concessions, and Scholarships
ANC offers various fee waivers and concessions to students from economically disadvantaged backgrounds. The eligibility criteria include income slabs, family size, and educational background.
Concessions are available for students from SC/ST/PwD, EWS, and MCM categories. The exact amount of concession varies based on the category and income level.
Scholarships are awarded based on academic performance and financial need. Students can apply for scholarships through the official website, and the selection process is conducted by a committee.
Payment Procedures and Refund Policy
Students are required to make payments by the specified deadlines to avoid late fees. The payment can be made online through the official portal or at the finance office.
Failure to pay by the deadline results in a late fee of 500 per day. Refunds are processed only in case of withdrawal from the program, and the refund policy is clearly outlined in the student handbook.
Students who withdraw from the program are eligible for a refund of the remaining fees, subject to deductions for administrative charges and hostel rent.