Fee Structure Overview
The fee structure for the Strategic Management program at Beehive College of Management and Technology is designed to provide value through comprehensive education, world-class facilities, and industry partnerships. The total cost for the four-year program is structured into semester-wise payments, ensuring manageable financial burden on students and their families.
Annual Fee Breakdown
The following table presents a detailed breakdown of fees for the entire program duration:
| Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Student Benevolent Fund (INR) | Medical Fees (INR) | Gymkhana Fees (INR) | Examination Fees (INR) | Total (INR) |
|---|---|---|---|---|---|---|---|---|
| Semester 1 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 2 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 3 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 4 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 5 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 6 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 7 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
| Semester 8 | 200,000 | 60,000 | 40,000 | 5,000 | 3,000 | 2,000 | 5,000 | 315,000 |
Fee Components Explanation
Each component of the fee structure serves a specific purpose in supporting student education and campus life:
- Tuition Fee: Covers instruction, academic resources, and faculty compensation. This is the largest component of the total fee.
- Hostel Rent: Provides accommodation for students who wish to live on campus. The rent varies based on room type and amenities provided.
- Mess Advance: Covers meal expenses for the semester. This is a pre-paid advance that ensures uninterrupted access to meals throughout the academic year.
- Student Benevolent Fund: Supports students facing financial hardships or emergencies. Contributions go toward helping students who need assistance with medical or other unforeseen expenses.
- Medical Fees: Covers basic healthcare services and medications available on campus. This ensures that students have access to necessary medical care during their studies.
- Gymkhana Fees: Supports recreational activities, sports facilities, and cultural events on campus. These fees contribute to maintaining a vibrant campus life and student well-being.
- Examination Fees: Covers the cost of conducting examinations, including evaluation, invigilation, and result processing. This ensures quality assessment and fair evaluation processes.
Hostel & Mess Charges
The college offers multiple hostel options to accommodate students with varying preferences and budgets. The following details outline the room types, mess billing system, rebate policies, and related expenses:
Room Types and Amenities
- Single Occupancy Room: 120 sq ft with attached bathroom, AC, internet, and furniture.
- Double Occupancy Room: 150 sq ft with shared bathroom, AC, internet, and furniture.
- Triple Occupancy Room: 180 sq ft with shared bathroom, AC, internet, and furniture.
- Four Occupancy Room: 200 sq ft with shared bathroom, AC, internet, and furniture.
Mess Billing System
The mess billing system operates on a monthly basis with charges based on the number of meals consumed. The standard meal plan includes breakfast, lunch, and dinner for each day of the month.
Students can opt for different plans such as vegetarian or non-vegetarian meals, with additional charges applied for premium options. Monthly mess bills are automatically deducted from student accounts, ensuring seamless payment processing.
Rebate Policies
Several rebate policies are in place to accommodate students during special circumstances:
- Medical Leave: Students on medical leave may receive partial or full rebates depending on the duration of their leave.
- Holiday Leave: During long holidays, students may opt for reduced mess charges based on their stay duration.
- Academic Leave: Students taking academic leave are eligible for rebates based on their return date.
Fee Waivers, Concessions, and Scholarships
Beehive College recognizes the financial challenges faced by many students and offers various fee waivers, concessions, and scholarships to support deserving candidates:
Eligibility Criteria for Financial Aid
The eligibility criteria for various financial aid options are based on income slabs and other qualifying factors:
- SC/ST/PwD Students: Full waiver of tuition fees and hostel charges.
- EWS Category: 50% concession in tuition fee and full waiver in hostel charges.
- MCM (Minority Community Members): 25% concession in tuition fee and full waiver in hostel charges.
- Merit Scholarships: Available to top-performing students based on academic excellence and extracurricular achievements.
Application Process
The application process for financial aid involves the submission of required documents including income certificates, caste certificates (if applicable), and proof of residence. Students must fill out an online application form and submit it along with supporting documents within the specified deadline.
Payment Procedures & Refund Policy
The payment procedures for fee collection are designed to be convenient and secure:
- Online Payment: Students can make payments through net banking, credit/debit cards, or UPI applications.
- Bank Transfer: Payments can also be made via NEFT/RTGS transfers to the college's designated bank account.
- Cash Payments: Cash payments are accepted at designated counters during specific periods with proper receipts provided.
Payment Deadlines and Late Fees
All fees must be paid by the specified deadlines to avoid late fees. For late payments, a nominal fee of 500 INR per day is charged until the payment is completed. Students are advised to pay early to avoid any inconvenience.
Refund Rules Upon Withdrawal
If a student withdraws from the program, the refund policy applies as follows:
- Withdrawal Before First Semester: Full refund of tuition fees and hostel charges (minus administrative charges).
- Withdrawal During First Semester: 80% refund of tuition fees and hostel charges.
- Withdrawal After First Semester: 50% refund of tuition fees and hostel charges.
The refund process is initiated within 30 days of withdrawal with necessary documentation. Students are advised to consult the finance department for detailed information on refunds and related procedures.