Fee Structure Overview
The fee structure at ILM College of Engineering Calicut is designed to provide quality education while remaining accessible to students from diverse economic backgrounds. The total cost for a four-year undergraduate program includes tuition fees, hostel charges, mess fees, and other institutional charges.
| Component | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) | Semester 5 (INR) | Semester 6 (INR) | Semester 7 (INR) | Semester 8 (INR) |
|---|---|---|---|---|---|---|---|---|
| Tuition Fee | 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 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 |
| Mess Fee | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 |
| Medical Fee | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Other Charges | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Total Per Semester | 2,10,000 | 2,10,000 | 2,10,000 | 2,10,000 | 2,10,000 | 2,10,000 | 2,10,000 | 2,10,000 |
| Total for 4 Years | 8,40,000 | 8,40,000 | 8,40,000 | 8,40,000 | 8,40,000 | 8,40,000 | 8,40,000 | 8,40,000 |
Hostel & Mess Charges
The hostel facility at ILM College of Engineering Calicut is designed to provide a comfortable and conducive environment for students. The charges include accommodation, utilities, security, and maintenance services.
Hostel Accommodation
Students are provided with shared rooms that accommodate 2-4 individuals. Each room is equipped with basic amenities such as beds, study tables, wardrobes, and fans. The hostel premises also feature common areas including lounges, study halls, and recreational spaces.
Mess Facilities
The mess facilities offer a variety of nutritious meals throughout the day, including breakfast, lunch, and dinner. The menu includes vegetarian and non-vegetarian options to cater to different dietary preferences. Meals are served in a hygienic environment with regular cleaning protocols.
Return on Investment (ROI) Analysis
The ROI analysis for ILM College of Engineering Calicut is based on the total cost of education compared to the average package offered by top recruiters.
Total Cost of Education
For a four-year program, the total cost amounts to 8.4 lakhs. This includes tuition fees, hostel charges, mess fees, and other institutional charges.
Average Package Offered
The average package offered by top recruiters is 6.5 lakhs per annum. Over a four-year period, this translates to a total earning of 26 lakhs.
ROI Calculation
The ROI can be calculated as follows: ROI = (Total Earnings - Total Cost) / Total Cost * 100 = (26 - 8.4) / 8.4 * 100 = 209.5%. This indicates a strong return on investment for students who graduate from ILM College of Engineering Calicut.
Financial Aid and Scholarships
To ensure that financial constraints do not hinder access to quality education, the college offers various scholarship programs for meritorious and economically disadvantaged students.
- MCM Scholarship: Awarded based on academic merit and performance in competitive exams.
- Government Scholarships: Students can apply for national and state-level scholarships such as SC/ST, OBC, and minority community quotas.
- Corporate Scholarships: Collaborations with industry partners provide opportunities for students to receive financial support through corporate-sponsored scholarships.
- Alumni Scholarships: Alumni of ILM College of Engineering Calicut contribute to scholarship funds for current students.
Payment Plans and Installments
The college offers flexible payment plans that allow students to manage their expenses effectively. Semesters can be paid in installments, and the process is streamlined to ensure minimal inconvenience.
Additional Services and Charges
Several additional services are available for an extra fee, including Wi-Fi access, library usage, and extracurricular activities. These services enhance the overall learning experience and contribute to student development.
Comparison with Other Institutions
The fee structure at ILM College of Engineering Calicut is competitive when compared to other private engineering institutions in Kerala and across India. The value proposition lies in the quality of education, infrastructure, and placement opportunities provided by the college.
Future Fee Adjustments
The college reviews its fee structure annually based on inflation, infrastructure development costs, and industry trends. Students are notified well in advance about any changes to ensure transparency and planning.