Fee Structure Overview
The fee structure at the College of Engineering Ranchi is designed to be transparent and affordable, ensuring that quality education remains accessible to students from all economic backgrounds. The fees are paid semester-wise, with each semester covering tuition, hostel, mess, and other charges.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 2 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 3 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 4 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 5 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 6 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 7 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
| Semester 8 | 80,000 | 40,000 | 15,000 | 2,000 | 3,000 | 140,000 |
Hostel & Mess Charges
The college provides accommodation facilities for students in well-maintained hostels. The hostel fees are inclusive of basic amenities such as electricity, internet connectivity, and cleaning services. Students can choose between single, double, and triple occupancy rooms.
Mess charges are collected monthly and include three meals per day. The mess menu is carefully planned to provide nutritious food options while keeping costs reasonable.
Return on Investment (ROI) Analysis
The ROI analysis for the College of Engineering Ranchi shows a positive return based on the average placement package received by students. With an average package of 6 lakhs and a total program cost of approximately 11.2 lakhs, the ROI is estimated at 1.3x.
This ROI reflects not only immediate financial gains but also long-term career prospects, with many alumni achieving high-paying positions in leading companies across various sectors.
Financial Aid and Scholarships
The college offers several financial assistance programs to support students from economically disadvantaged backgrounds:
- Institute-wide Scholarships: Merit-based scholarships are awarded based on performance in the entrance examination and academic achievements during the first year.
- Alumni Scholarships: Several alumni have established scholarships specifically for students pursuing engineering degrees.
- Government Schemes: Students can apply for central and state government scholarships such as PMKVY, SWAYAM, and others.
- Corporate Sponsorships: Collaborations with leading companies provide financial support to deserving students.