Fee Structure
The total fee for the four-year Business Administration program at Chinmaya Vishwavidyapeeth is ₹6,00,000, inclusive of all charges. This amount is broken down into semesters to provide flexibility in payment and ease of planning.
| 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) |
|---|---|---|---|---|---|---|---|---|
| 1 | 1,50,000 | 25,000 | 20,000 | 1,000 | 1,500 | 1,000 | 3,000 | 2,01,500 |
| 2 | 1,50,000 | 25,000 | 20,000 | 1,000 | 1,500 | 1,000 | 3,000 | 2,01,500 |
| 3 | 1,50,000 | 25,000 | 20,000 | 1,000 | 1,500 | 1,000 | 3,000 | 2,01,500 |
| 4 | 1,50,000 | 25,000 | 20,000 | 1,000 | 1,500 | 1,000 | 3,000 | 2,01,500 |
Fee Components Explanation
- Tuition Fee: Covers the cost of instruction, academic resources, and access to university facilities including libraries, labs, and digital learning platforms.
- Hostel Rent: Provides accommodation in well-furnished hostels with shared amenities such as common rooms, study halls, and recreational areas.
- Mess Advance: Ensures students have adequate food provisions throughout the semester, subject to monthly billing after deductions from the advance amount.
- Student Benevolent Fund: Supports students facing financial hardships or emergencies through scholarships, loans, and grants administered by the university.
- Medical Fees: Covers basic healthcare services including consultations with on-campus doctors and emergency treatment facilities.
- Gymkhana Fees: Funds fitness and recreational activities including gym memberships, sports equipment, and event organization.
- Examination Fees: Covers costs associated with conducting internal assessments, external examinations, and result processing.
Hostel & Mess Charges
Students are assigned to different room types based on availability and preferences:
- Single Occupancy Room: ₹25,000 per semester
- Double Occupancy Room: ₹20,000 per semester
- Triple Occupancy Room: ₹15,000 per semester
The mess charges are calculated monthly and vary based on the number of meals consumed. Students must pay an advance of ₹20,000 at the beginning of each semester, which is adjusted monthly according to actual consumption.
Fee Waivers, Concessions, and Scholarships
The university offers several financial assistance options for eligible students:
- SC/ST/PwD Category: 100% fee waiver upon submission of valid certificates.
- EWS Category: 50% fee concession based on income proof and caste certificate.
- MCM (Meritorious Children of Migrant Workers): Full fee waiver with additional support for books and stationery.
- Need-Based Scholarships: Available for students with demonstrated financial need, assessed through application forms and income documentation.
- Merit-Based Scholarships: Awards given to top-performing students in academics, extracurriculars, and community service, ranging from 25% to 100% fee concession.
Applications for financial aid must be submitted within the first week of each semester with supporting documents. The process includes verification by the finance department and approval by the scholarship committee.
Payment Procedures & Refund Policy
All fees must be paid through online banking or debit/credit cards via the university portal. Payments are due by the 10th day of each semester to avoid late fees. Late payments incur a penalty of ₹500 per day.
In case of withdrawal from the program, students are entitled to refunds according to the following policy:
- Before 30 days of admission: Full refund minus administrative charges
- Between 30 and 60 days: 50% refund
- After 60 days: No refund
The refund process typically takes 15-20 working days after formal application submission. Students must submit a written request along with necessary documentation to the finance office for processing.