Fee Structure Overview
The fee structure for the Business Administration program at Asbm University Bhubaneswar is designed to be transparent, fair, and aligned with the quality of education provided. The total cost includes tuition fees, hostel charges, mess advance, and various other mandatory components.
Fee Structure (Per Semester)
| Component | Amount (INR) |
|---|---|
| Tuition Fee | 75000 |
| Hostel Rent | 30000 |
| Mess Advance | 15000 |
| Student Benevolent Fund | 2000 |
| Medical Fees | 1000 |
| Gymkhana Fees | 1500 |
| Examination Fees | 2000 |
| Other Charges (Library, Lab, etc.) | 5000 |
| Total | 136500 |
Detailed Breakdown of Components
Tuition Fee: This covers the cost of instruction, academic resources, and access to libraries and laboratories. The fee is divided into three installments per semester, ensuring manageable payments for students.
Hostel Rent: Accommodation facilities are provided within the campus with modern amenities including Wi-Fi, air conditioning, and 24/7 security. Students can choose between single, double, or triple occupancy rooms based on availability.
Mess Advance: A fixed advance is collected at the beginning of each semester to cover mess expenses. The billing system operates monthly, with deductions from the advance based on actual consumption and adjustments for any refunds.
Student Benevolent Fund: This fund supports students facing financial difficulties or emergencies. Contributions are minimal but crucial in providing assistance during unforeseen circumstances.
Medical Fees: Covers basic medical services available within the campus health center, including consultations, medications, and emergency care.
Gymkhana Fees: This fee supports recreational activities, sports facilities, and cultural events on campus. It includes access to gymnasiums, indoor games, and outdoor sports fields.
Examination Fees: Covers costs associated with conducting semester-end examinations, including question paper preparation, invigilation, and result processing.
Other Charges: Includes charges for library services, laboratory usage, internet access, and additional academic resources such as software licenses and course materials.
Hostel & Mess Charges
The university provides comfortable accommodation in air-conditioned hostels with separate wings for male and female students. Room types include single, double, and triple occupancy options, each equipped with essential furniture and facilities.
Mess charges are calculated on a monthly basis based on actual consumption. Students receive a detailed monthly statement showing their usage and any adjustments made to the advance amount.
Rebate policies are available for students who stay off-campus during certain periods or take leaves. These policies ensure that students are not penalized for legitimate reasons such as family emergencies or academic commitments.
Fee Waivers, Concessions, and Scholarships
Asbm University offers several financial aid options to support deserving students:
- SC/ST/PwD Category: Students belonging to these categories are eligible for a 50% waiver on tuition fees. Additional concessions may apply based on income slabs.
- EWS Category: Eligible students receive a 25% discount on tuition fees, with further reductions available upon verification of income certificates.
- MCM (Minority Community Member): A 10% reduction in fees is offered to students from minority communities who meet the eligibility criteria.
The application process for fee waivers and scholarships involves submitting relevant documents such as caste certificates, income proofs, and family background details. The university evaluates each case based on merit and financial need, ensuring equitable distribution of benefits.
Payment Procedures & Refund Policy
All fees must be paid through the official online portal or at designated payment centers within the campus. Late payments attract a penalty fee calculated at 2% per month until full payment is received.
The refund policy applies to students who withdraw from the program before completing the semester. Refunds are processed after deducting administrative charges and any outstanding dues. Withdrawal requests must be submitted in writing with supporting documents, and decisions are taken within 15 working days.