Detailed Fee Structure and Financial Analysis
Government Polytechnic College, Jhabua, offers a transparent and affordable fee structure for its students. The college ensures that financial burdens do not hinder academic excellence by providing multiple funding options and support mechanisms.
Fee Structure Per Semester
| Fee Head | First Year (INR) | Second Year (INR) | Third Year (INR) |
|---|---|---|---|
| Tuition Fee | 50,000 | 50,000 | 50,000 |
| Hostel Fee | 30,000 | 30,000 | 30,000 |
| Mess Fee | 15,000 | 15,000 | 15,000 |
| Medical Fee | 2,000 | 2,000 | 2,000 |
| Security Deposit | 5,000 | - | - |
| Total Annual Cost | 97,000 | 97,000 | 97,000 |
The total cost for three years of study amounts to approximately 2.91 Lakhs, which includes all fees and deposits.
Hostel & Mess Charges
The college provides hostel facilities with modern amenities to ensure a comfortable living environment for students. Hostels are equipped with internet connectivity, air conditioning, and laundry services. The charges for hostel accommodation include:
- Single Occupancy Room: 30,000 INR/year
- Double Occupancy Room: 25,000 INR/year
- Triple Occupancy Room: 20,000 INR/year
Mess charges are inclusive of three meals per day and are priced at 15,000 INR/year. The mess serves nutritious vegetarian meals prepared by professional chefs, ensuring that students maintain a healthy diet while focusing on their studies.
Return on Investment (ROI) Analysis
The ROI for studying at Government Polytechnic College, Jhabua, can be analyzed based on the total fee investment and average placement package received by graduates. Considering the average placement package of 6.3 Lakhs per annum and the total cost of 2.91 Lakhs over three years, the net return is approximately 15.9 Lakhs.
This ROI analysis shows that students who graduate from this college can expect a significant financial gain, especially when considering the potential for career growth and salary increases over time. For example, with an average starting salary of 6.3 Lakhs, a student could earn around 18.9 Lakhs in three years, making the initial investment worthwhile.
Financial Aid and Support
The college offers various financial support mechanisms to ensure that students from economically disadvantaged backgrounds can pursue their education:
- Merit-based Scholarships
- Need-based Financial Assistance
- Government Educational Loans
- Corporate Sponsorships
- Alumni Funded Scholarships
These initiatives help reduce the financial burden on students and promote equal access to quality education.