Fee Structure Overview
The total fee structure for the Bachelor of Computer Science program at Iasscom Fortune Institute of Technology is designed to be transparent and affordable, ensuring quality education without financial burden. The fees are divided into several components, each clearly outlined in the following table:
| Component | Amount (INR) Per Semester | Type |
|---|---|---|
| Tuition Fee | 60000 | Recurring |
| Hostel Rent | 25000 | Recurring |
| Mess Advance | 15000 | One-time |
| Student Benevolent Fund | 1000 | Recurring |
| Medical Fees | 2000 | Recurring |
| Gymkhana Fees | 1500 | Recurring |
| Examination Fees | 2000 | One-time |
| Other Charges | 3000 | Recurring |
The total annual fee for the program amounts to 190,000 INR, which includes all components for two semesters. This structure ensures that students receive a well-rounded education with access to modern facilities and resources.
Fee Component Details
Tuition Fee is the primary component covering instruction, lab access, and administrative services. It is paid annually and covers core academic activities including lectures, tutorials, laboratory sessions, and assessments.
Hostel Rent provides accommodation for students staying on campus. The hostel rooms are equipped with basic amenities such as beds, study tables, wardrobes, and internet connectivity. Students can choose between single, double, or triple occupancy rooms depending on availability and preference.
Mess Advance is a one-time payment required at the beginning of each academic year to cover mess expenses for the entire duration. The mess provides three meals per day with varied menu options catering to different dietary preferences including vegetarian and non-vegetarian options.
Student Benevolent Fund supports students from economically disadvantaged backgrounds by providing financial assistance in case of emergencies or special needs. Contributions are voluntary but encouraged to foster a supportive community environment.
Medical Fees cover basic healthcare services available on campus, including consultations with doctors, diagnostic tests, and emergency treatment. The medical facility is staffed by qualified professionals and equipped with essential equipment for routine checkups and minor treatments.
Gymkhana Fees contribute to maintaining sports facilities and organizing recreational activities. These fees support gymnasiums, indoor games, outdoor fields, and extracurricular events that promote physical fitness and social interaction among students.
Examination Fees are levied for conducting end-of-semester examinations and other assessments. These fees cover the cost of exam papers, evaluation processes, and result compilation activities.
Other Charges include miscellaneous expenses such as stationery supplies, library access fees, and additional academic resources required during the program duration.
Hostel & Mess Charges
The hostel facilities at Iasscom Fortune Institute of Technology are designed to provide a comfortable living environment for students. Hostel rooms are available in various configurations including single, double, and triple occupancy options.
Single occupancy rooms are priced at 25,000 INR per semester, offering privacy and personal space for individual study and relaxation. Double occupancy rooms cost 18,000 INR per semester, while triple occupancy rooms are priced at 12,000 INR per semester.
The mess system provides three meals per day, with breakfast, lunch, and dinner included in the monthly fee. The menu is carefully curated to offer balanced nutrition and varied flavors. Special dietary requirements such as lactose-free, gluten-free, or vegan options are accommodated upon request.
Mess charges are calculated based on the number of days spent in the mess during the semester. Students who stay in hostels are required to pay an advance amount for the entire academic year, which is adjusted according to actual consumption.
Rebate policies are available for students who do not utilize the mess facilities fully. A partial refund can be claimed if students leave the hostel before the end of the semester or reduce their mess usage during certain periods.
Fee Waivers, Concessions & Scholarships
The institute offers various fee waiver schemes and scholarships to support meritorious and financially disadvantaged students. Eligibility criteria for these benefits are as follows:
- SC/ST/PwD Students: 100% fee waiver is provided based on valid certificates issued by competent authorities.
- EWS Category Students: 50% fee concession is available upon submission of EWS certificate and income proof.
- MCM (Minority Community Students): 25% fee concession is offered to students from minority communities with documented eligibility.
Additional scholarships are awarded based on academic performance, leadership qualities, and extracurricular achievements. Merit-based scholarships ranging from 25% to 100% are available for top performers in the first year of study.
The application process for fee waivers and concessions requires students to submit relevant documents such as caste certificates, income certificates, or disability certificates. Applications must be submitted before the start of the academic year to ensure timely processing.
Payment Procedures & Refund Policy
Students are required to make payments through online banking, debit/credit cards, or NEFT transfers. The institute does not accept cash payments for fee transactions to ensure transparency and accountability.
Payment deadlines are strictly enforced to avoid any disruptions in academic activities. Late payment penalties are applied if fees are not cleared within the specified period. The late fee is calculated at 1% per month on the outstanding amount.
The refund policy applies to students who withdraw from the program before completing the course. Refunds are processed after deducting administrative charges and any applicable penalties. Students must submit a written application along with supporting documents to initiate the refund process.
Refunds are typically credited back to the student's bank account within 30 working days of approval. The institute reserves the right to withhold refunds in cases where outstanding dues or fees remain unpaid by the student.