Fee Structure
The total fee structure for the MBA program at Driems University Cuttack is INR 1,160,000 for the entire duration of two years. This includes tuition fees, hostel charges, mess advance, and other miscellaneous fees.
| Fee Head | Amount (INR) |
|---|---|
| Tuition Fee | 800,000 |
| Hostel Rent | 200,000 |
| Mess Advance | 150,000 |
| Student Benevolent Fund | 5,000 |
| Medical Fees | 2,000 |
| Gymkhana Fees | 3,000 |
| Examination Fees | 10,000 |
The tuition fee is paid annually, while hostel rent and mess charges are adjusted quarterly based on usage. Additional charges may apply for late payments or special services.
Hostel & Mess Charges
Students can opt for various room types including single occupancy, double occupancy, and triple occupancy rooms. The hostel charges vary depending on the room type and amenities provided.
The mess system operates on a monthly billing cycle with different meal plans available to accommodate diverse dietary needs. Students are required to pay an advance for the first month of stay, which is adjusted at the end of each month based on actual consumption.
Fee Waivers, Concessions, and Scholarships
Driems University Cuttack offers several financial assistance options for eligible students:
- SC/ST/PwD Category: Eligible students receive a 50% discount on tuition fees.
- EWS Category: Students with an annual income below INR 4 lakh qualify for a 25% fee concession.
- MCM (Meritorious Children of Meritorious Parents): A full waiver is available for students scoring above 90% in their qualifying examination.
The application process for financial aid involves submitting relevant documents such as income certificates, caste certificates, and academic records. The university reviews applications on a case-by-case basis to ensure fair distribution of benefits.
Payment Procedures & Refund Policy
Students are required to make payments within the stipulated deadlines to avoid late fees. Late payments incur a penalty of INR 500 per day until the due amount is settled.
In case of withdrawal from the program, students are eligible for a refund of fees paid, subject to certain conditions. The refund policy includes deductions for administrative charges and any unutilized portions of advance payments.