Fee Structure Overview
The total fee for the four-year B.Tech program in International Business at INDORE INTERNATIONAL COLLEGE includes tuition fees, hostel charges, mess advance, student benevolent fund, medical fees, gymkhana fees, examination fees, and other one-time or recurring charges. Below is a detailed breakdown:
| Semester | Tuition Fee (₹) | Hostel Rent (₹) | Mess Advance (₹) | Student Benevolent Fund (₹) | Medical Fees (₹) | Gymkhana Fees (₹) | Examination Fees (₹) | Total (₹) |
|---|---|---|---|---|---|---|---|---|
| 1 | 300000 | 60000 | 25000 | 1000 | 5000 | 1000 | 2000 | 393500 |
| 2 | 300000 | 60000 | 25000 | 1000 | 5000 | 1000 | 2000 | 393500 |
| 3 | 300000 | 60000 | 25000 | 1000 | 5000 | 1000 | 2000 | 393500 |
| 4 | 300000 | 60000 | 25000 | 1000 | 5000 | 1000 | 2000 | 393500 |
Fee Component Details
Tuition Fee: This is the primary fee paid for academic instruction and access to campus facilities. It covers all course materials, laboratory sessions, and faculty interaction.
Hostel Rent: Accommodation charges are applicable for students residing on campus. The rent varies based on room type and amenities provided.
Mess Advance: Students must pay an advance for meals during their stay at the hostel. This is refundable upon departure, subject to consumption rules.
Student Benevolent Fund: A small contribution towards a fund that supports students facing financial hardships or emergencies.
Medical Fees: Covers access to on-campus medical services and emergency healthcare during the academic year.
Gymkhana Fees: These fees support recreational activities, sports facilities, and cultural events on campus.
Examination Fees: Covers administrative costs associated with conducting end-of-semester examinations and grading.
Hostel & Mess Charges
Our hostel facilities provide comfortable living arrangements for students. Room types include single occupancy, double occupancy, and triple occupancy rooms with varying amenities:
- Single Occupancy: ₹60000/year
- Double Occupancy: ₹50000/year
- Triple Occupancy: ₹40000/year
The mess system operates on a monthly billing cycle, with meals provided based on consumption. Students can choose from vegetarian or non-vegetarian options at different pricing tiers.
Rebate policies are available for students who do not consume meals regularly, and certain discounts are offered to meritorious students.
Fee Waivers, Concessions, and Scholarships
We offer various financial aid options to eligible students:
- SC/ST/PwD: Eligible students receive up to 100% fee waiver based on income slabs.
- EWS: Up to 50% concession for families with annual income below ₹8 lakh.
- MCM: Merit-cum-means scholarship for high-performing students from economically disadvantaged backgrounds.
The application process involves submission of documents such as caste certificates, income certificates, and Aadhaar cards. Eligibility is verified by the financial aid committee before disbursal of benefits.
Payment Procedures & Refund Policy
Fees must be paid through online banking or NEFT/RTGS transfers to designated accounts. Payment deadlines are clearly communicated via email notifications.
Late fees are charged at 1% per month on unpaid balances after the deadline. Refunds are processed within 30 days of withdrawal from the program, subject to deduction of any outstanding dues and applicable penalties.