Fees
The fee structure for the International Business program at ARIHANT COLLEGE is comprehensive and transparent, covering all aspects of academic life including tuition, accommodation, meals, and other essential services. The total annual cost is approximately Rs. 350,000, with detailed breakdowns provided below.
| Head | Amount (Per Semester) | Amount (Per Year) |
|---|---|---|
| Tuition Fee | Rs. 100,000 | Rs. 200,000 |
| Hostel Rent | Rs. 50,000 | Rs. 100,000 |
| Mess Advance | Rs. 30,000 | Rs. 60,000 |
| Student Benevolent Fund | Rs. 5,000 | Rs. 10,000 |
| Medical Fees | Rs. 3,000 | Rs. 6,000 |
| Gymkhana Fees | Rs. 2,000 | Rs. 4,000 |
| Examination Fees | Rs. 1,000 | Rs. 2,000 |
| Total Annual Cost | Rs. 191,000 | Rs. 382,000 |
Tuition fees cover access to all classroom sessions, library resources, laboratory facilities, and academic support services. The fees are subject to annual revision based on inflation and infrastructure upgrades.
Hostel accommodation is provided in modern dormitories with shared amenities such as common rooms, laundry facilities, Wi-Fi connectivity, and 24/7 security. Room types include single occupancy, double occupancy, and triple occupancy options, each with varying costs and comfort levels.
The mess billing system operates on a monthly basis, where students prepay for meals through an online portal. Meals are served in the campus canteen, offering a diverse menu including vegetarian, non-vegetarian, and regional cuisine. Rebate policies are available for students who do not consume meals regularly or during certain periods of the academic calendar.
Financial aid options include fee waivers, concessions, and scholarships for students from economically disadvantaged backgrounds. Eligibility criteria are based on income slabs and family composition. For example, SC/ST/PwD students with an annual income below Rs. 3 lakhs qualify for full fee waivers, while EWS students with income between Rs. 3-6 lakhs may receive partial concessions.
The application process for financial assistance involves submitting relevant documents such as income certificates, caste certificates, disability certificates (if applicable), and bank statements. Applications are reviewed by a dedicated committee that evaluates eligibility and disburses benefits accordingly.
Payment procedures require students to complete transactions through online portals or designated payment gateways within specified deadlines. Late fees are charged at 5% per month on outstanding balances, and refund policies apply in cases of withdrawal from the program or course cancellation.