Fee Structure Overview
The fee structure for the Masters of Commerce program at Dr R C Reddy Degree College Chittoor is designed to be transparent and affordable, ensuring quality education without financial burden. The following table outlines the complete breakdown of fees per semester:
| Head | Per Semester (INR) |
|---|---|
| Tuition Fee | 30000 |
| Hostel Rent | 20000 |
| Mess Advance | 10000 |
| Student Benevolent Fund | 500 |
| Medical Fees | 1000 |
| Gymkhana Fees | 1000 |
| Examination Fees | 2000 |
| Total Per Semester | 64500 |
| Total Per Academic Year | 129000 |
| Total For 2 Years | 258000 |
Detailed Fee Components
Each component of the fee structure serves a specific purpose in delivering quality education and supporting student life:
- Tuition Fee: Covers instruction, academic resources, laboratory access, and administrative costs associated with running the program.
- Hostel Rent: Provides accommodation for students requiring on-campus housing. The rent includes basic amenities such as bed, study table, chair, and common areas.
- Mess Advance: Ensures that students have sufficient funds for meal expenses throughout the semester. The advance covers three meals per day for 15 days, with adjustments made at the end of the month.
- Student Benevolent Fund: Supports financially disadvantaged students and contributes to college welfare activities and scholarships.
- Medical Fees: Covers healthcare services provided by the college's medical center, including consultations, minor treatments, and emergency care.
- Gymkhana Fees: Supports sports and recreational activities, including gym access, equipment maintenance, and sports events.
- Examination Fees: Covers costs related to conducting examinations, grading, result declaration, and certificate generation.
Hostel & Mess Charges
The hostel facilities at Dr R C Reddy Degree College Chittoor are designed to provide a comfortable and conducive environment for learning. There are several room types available:
- Single Occupancy Room: 20,000 INR per semester
- Double Occupancy Room: 18,000 INR per semester
- Triple Occupancy Room: 16,000 INR per semester
The mess billing system is straightforward and transparent. Students pay a monthly advance of 10,000 INR for meals, which is adjusted at the end of the month based on actual consumption. Rebate policies are available for students who stay for more than six months consecutively.
Fee Waivers, Concessions, and Scholarships
The college offers various financial assistance options to deserving students:
- SC/ST/PwD Category: Students belonging to SC/ST/PwD categories are eligible for a 50% waiver on tuition fees.
- EWS Category: Students from EWS backgrounds receive a 25% concession on tuition fees.
- MCM (Minority Community Member): MCM students are entitled to a 10% reduction in tuition fees.
- Income Slabs for Scholarships: Scholarships are available for students with an annual family income below INR 3 lakh. The scholarship amount varies from INR 25,000 to INR 75,000 per year, depending on the student's performance and need.
The application process for these financial aid options involves submitting relevant documents such as caste certificate, income certificate, and Aadhaar card. The selection is based on merit criteria and financial need assessment.
Payment Procedures & Refund Policy
All fees must be paid through online payment gateways or bank transfers within the stipulated deadlines to avoid late fees. The payment deadline for each semester is the first week of the academic term.
Late fees are charged at 5% per month on unpaid balances, with a maximum cap of INR 1000 per month. Refunds are processed according to the university guidelines and require formal applications submitted by students along with supporting documents.
In case of withdrawal from the program, refunds are calculated based on the number of months completed and deducted accordingly. The refund process typically takes 45 days to complete after verification by the finance department.