Fee Structure and Financial Planning
GEC Bilaspur offers a transparent and affordable fee structure that ensures quality education without financial burden on students. The fees are divided into tuition, hostel, mess, medical, and other charges across eight semesters.
Fee Breakdown by Semester
Particulars | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Semester 5 | Semester 6 | Semester 7 | Semester 8 |
---|---|---|---|---|---|---|---|---|
Tuition Fee (INR) | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 |
Hostel Fee (INR) | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 |
Mess Fee (INR) | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 |
Medical Fee (INR) | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
Other Charges (INR) | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
Total (INR) | 1,93,000 | 1,93,000 | 1,93,000 | 1,93,000 | 1,93,000 | 1,93,000 | 1,93,000 | 1,93,000 |
The total cost for four years of study amounts to ₹15,44,000. This investment is justified by the quality of education and placement outcomes that students receive.
Hostel and Mess Charges
On-campus hostel facilities are available with shared and private rooms. Hostel charges include accommodation, utilities, internet, and security services. The mess charges cover three meals daily with a variety of vegetarian options, ensuring balanced nutrition for all students.
The hostels are equipped with basic amenities such as study tables, chairs, wardrobes, and Wi-Fi access. Regular maintenance and cleanliness protocols ensure a comfortable living environment for students.
Return on Investment (ROI) Analysis
The ROI analysis compares the total investment made by students against their average annual return in terms of salary packages. Based on an average package of ₹7.5 lakhs per annum, the ROI is approximately 6.3x over four years.
This calculation takes into account:
- Total tuition fees: ₹9,60,000
- Hostel and mess charges: ₹3,20,000
- Medical and other charges: ₹24,000
- Total investment: ₹15,44,000
- Average annual salary after graduation: ₹7.5 lakhs
- ROI over 4 years: 6.3x
This ROI reflects the value proposition offered by GEC Bilaspur, where students receive a high-quality education that translates into significant financial returns post-graduation.