Fee Structure Overview
Engineering College Nowgong offers a transparent and competitive fee structure for its undergraduate programs. The fees are divided into several components including tuition, hostel, mess, and other charges.
Tuition Fee Breakdown (Per Semester)
Component | Amount (INR) |
---|---|
Tuition Fee | 80,000 |
Hostel Fee | 45,000 |
Mess Fee | 15,000 |
Medical Fee | 2,000 |
Library Fee | 1,000 |
Other Charges | 3,000 |
Total Per Semester | 146,000 |
Total Annual Fee | 292,000 |
Hostel & Mess Charges
The college provides well-maintained hostels for both male and female students with modern amenities including air conditioning, internet connectivity, and 24/7 security.
Hostel Fee Details
- Single Occupancy Room: INR 45,000 per semester
- Double Occupancy Room: INR 35,000 per semester
- Triple Occupancy Room: INR 25,000 per semester
- Shared Bathrooms and Common Areas: Included in the fee
- Wi-Fi: Included in the hostel charges
- Laundry Services: Optional, INR 1,000 per month
Mess Fee Details
The mess provides a variety of meals including vegetarian and non-vegetarian options. The fee includes breakfast, lunch, and dinner for all students.
- Meal Plan: All-inclusive for the entire semester
- Special Diets: Available upon request with additional charges
- Breakfast: INR 150 per day
- Lunch: INR 200 per day
- Dinner: INR 200 per day
- Total Mess Fee: INR 15,000 per semester
Return on Investment (ROI) Analysis
The return on investment for students at Engineering College Nowgong is highly favorable. With an average starting salary of INR 700,000 and a highest package of INR 1,500,000, the ROI is calculated as follows:
- Total Fee Paid (4 Years): INR 1,168,000
- Average Package (Post-Graduation): INR 700,000
- ROI Calculation: (Average Package - Total Fee) / Total Fee * 100 = (700,000 - 1,168,000) / 1,168,000 * 100 = -39.9% (Note: This is a simplified calculation as the actual ROI includes long-term career growth)
- Long-Term ROI: Based on career progression and industry recognition, the long-term ROI is significantly higher.
Financial Assistance Programs
The college offers several financial assistance programs to support students from economically disadvantaged backgrounds:
- Merit-based Scholarships: Available for top-performing students in academic and extracurricular activities.
- Need-based Aid: Financial support provided to students based on income criteria.
- Government Schemes: Students can apply for schemes like PMKVY, Swarna Jayanti Shahari Rozgar Yojana (SJSRY), and others.
- Corporate Sponsorships: Collaborations with companies offering scholarships to deserving students.
- Educational Loans: The college facilitates access to educational loans from nationalized banks and private lenders.
Additional Expenses
Besides tuition, students may incur additional expenses for:
- Stationery and Books: INR 5,000 annually
- Transportation: INR 10,000 annually (depending on location)
- Personal Expenses: INR 20,000 annually
- Extra-Curricular Activities: INR 5,000 annually
Payment Options
The college provides flexible payment options for fee collection:
- Installment Plan: Students can pay fees in installments without additional charges.
- Online Payment Gateway: Secure online payment system available 24/7.
- Cash Payment: Available at the college office with a nominal processing fee.
- Bank Transfer: Direct transfer to the college account with required documentation.