Fee Structure Overview
The fee structure for the MBA program at Dr R C Reddy Degree College Chittoor is transparent and designed to accommodate students from diverse economic backgrounds. The following table outlines the complete breakdown of fees for the entire duration of the program:
| Fee Component | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Total (INR) |
| Tuition Fee | 80,000 | 80,000 | 80,000 | 80,000 | 320,000 |
| Hostel Rent | 40,000 | 40,000 | 40,000 | 40,000 | 160,000 |
| Mess Advance | 20,000 | 20,000 | 20,000 | 20,000 | 80,000 |
| Student Benevolent Fund | 5,000 | 5,000 | 5,000 | 5,000 | 20,000 |
| Medical Fees | 3,000 | 3,000 | 3,000 | 3,000 | 12,000 |
| Gymkhana Fees | 2,000 | 2,000 | 2,000 | 2,000 | 8,000 |
| Examination Fees | 1,000 | 1,000 | 1,000 | 1,000 | 4,000 |
| Total | 151,000 | 151,000 | 151,000 | 151,000 | 604,000 |
Each fee component is clearly defined to ensure transparency in the payment process:
- Tuition Fee: Covers the cost of instruction and academic resources provided throughout the program.
- Hostel Rent: Includes accommodation in college-hosted hostels with basic amenities.
- Mess Advance: Covers food expenses for the semester, subject to adjustment at the end of the term.
- Student Benevolent Fund: Supports welfare initiatives and scholarships for financially disadvantaged students.
- Medical Fees: Covers basic medical services available on campus.
- Gymkhana Fees: Supports recreational activities and sports facilities.
- Examination Fees: Covers costs associated with conducting exams and evaluating student performance.
Hostel and Mess Charges
The hostel and mess charges are structured to provide value for money while ensuring comfort and convenience for students. Hostel rooms come in single, double, or triple occupancy options, each equipped with essential furniture and internet connectivity. The mess billing system is based on monthly consumption, with adjustments made at the end of each month.
Rebate policies are available for students who meet certain criteria such as maintaining a minimum CGPA or participating in extracurricular activities. These rebates can reduce hostel rent by up to 20% for eligible students.
Financial Aid and Scholarships
Financial aid options include fee waivers, concessions, and scholarships tailored for specific categories including SC/ST/PwD, EWS, and MCM (Minority Community Members). Eligibility criteria are determined based on income slabs and other qualifying factors. Applications must be submitted along with supporting documents during the admission process.
The application process for financial aid involves:
- Submission of an online application form
- Providing necessary documents (income certificate, caste certificate, etc.)
- Verification by the financial aid committee
- Approval or rejection based on criteria
The college also offers merit-based scholarships for top-performing students in each semester.
Payment Procedures and Refund Policy
The payment procedures are straightforward, with multiple modes of payment accepted including online banking, demand draft, and cash at the college counter. Payment deadlines are strictly enforced, with late fees applied for delayed submissions.
The refund policy ensures that students receive appropriate refunds upon withdrawal or transfer from the institution, subject to adherence to formal procedures. Refunds are processed within 30 days of submission of a valid application, provided all dues are cleared.