Fee Structure Overview
The fee structure at Heritage School of Management Chennai is transparent and designed to provide value for money. The total cost includes tuition, hostel, mess, and other charges required for a comprehensive educational experience.
Annual Fee Breakdown
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 2 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 3 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 4 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 5 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 6 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 7 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
| Semester 8 | 2,50,000 | 80,000 | 30,000 | 5,000 | 10,000 | 3,75,000 |
Hostel & Mess Charges
The hostel facilities at Heritage School of Management Chennai are designed to provide a comfortable and conducive environment for students. Hostel charges vary based on room type:
- Single Occupancy Room: INR 80,000 per semester
- Double Occupancy Room: INR 75,000 per semester
- Triple Occupancy Room: INR 70,000 per semester
Mess charges include breakfast, lunch, and dinner, with a monthly fee of INR 30,000. The meals are nutritious and catered to diverse dietary preferences.
Return on Investment (ROI) Analysis
The ROI for the program at Heritage School of Management Chennai is highly favorable. With an average package of INR 1,200,000 and a total fee of INR 3,000,000 over four years, the return on investment is approximately 4.2 times.
Considering that the highest package offered is INR 5,000,000, students who secure placements at top-tier companies see a return of up to 16.7 times their investment. This high ROI reflects the school's strong industry connections and placement performance.
Financial Aid Options
The school offers several financial aid options to support students:
- Merit Scholarships: Awarded based on academic performance in Class 12 or undergraduate degree.
- Need-based Scholarships: Available for students from economically disadvantaged backgrounds.
- Alumni Scholarships: Funded by alumni of the institution, these scholarships support meritorious students.
- Corporate Scholarships: Sponsored by leading companies such as Microsoft and Google, these scholarships are awarded based on merit and potential.
Payment Schedules
Payments can be made in installments, with the following schedule:
- Semester 1: 40% upfront, 60% at mid-semester
- Semester 2: 30% upfront, 70% at mid-semester
- Semester 3: 30% upfront, 70% at mid-semester
- Semester 4: 30% upfront, 70% at mid-semester
This flexible payment schedule helps students manage their financial obligations without undue stress.