Fee Structure Overview
The fee structure for the Business Administration program at Institute Of Advanced Research Gandhinagar is comprehensive and transparent, covering all aspects of academic and residential life. The total cost includes tuition fees, hostel charges, mess advance, and other miscellaneous expenses.
| Component | Semester-wise Breakdown (INR) |
|---|---|
| Tuition Fee | 50000 per semester |
| Hostel Rent | 25000 per semester |
| Mess Advance | 10000 per semester |
| Student Benevolent Fund | 1000 per semester |
| Medical Fees | 2000 per semester |
| Gymkhana Fees | 1500 per semester |
| Examination Fees | 1000 per semester |
| Other Charges | 5000 per semester |
| Total Annual Cost | 100000 per semester |
Component-wise Explanation
Tuition Fee: The tuition fee covers instruction, access to academic resources, and administrative services. It is paid semi-annually at the beginning of each semester.
Hostel Rent: This component includes accommodation in our fully-furnished hostels with amenities such as Wi-Fi, laundry facilities, and 24/7 security. Hostels are allocated based on availability and preferences.
Mess Advance: The mess advance is a pre-paid amount that covers meal expenses for the semester. Students can adjust their bills at the end of the semester based on actual consumption.
Student Benevolent Fund: This fund supports students facing financial difficulties and contributes to campus development projects.
Medical Fees: Includes access to medical services on campus, including consultations with doctors and emergency care facilities.
Gymkhana Fees: Covers membership in campus recreational activities and sports facilities.
Examination Fees: Covers costs associated with conducting end-of-semester exams and grading processes.
Other Charges: Includes administrative fees, library charges, and miscellaneous expenses required for academic operations.
Hostel & Mess Charges
The hostel facilities at Institute Of Advanced Research Gandhinagar are designed to provide a comfortable living environment for students. Hostels come in various room types including single, double, and triple occupancy rooms with shared bathrooms.
Room Types:
- Single Occupancy: INR 25000 per semester
- Double Occupancy: INR 18000 per semester
- Triple Occupancy: INR 15000 per semester
Mess charges vary based on meal plans chosen by students. The standard meal plan includes breakfast, lunch, and dinner for all days of the week.
Mess Billing System: Students pay an advance amount for meals at the beginning of each semester. Monthly bills are generated based on actual consumption, with adjustments made at the end of the semester.
Rebate Policies: Students who miss meals due to valid reasons (e.g., illness, travel) can apply for rebates through the hostel office. Rebates are processed upon submission of supporting documents such as medical certificates or travel tickets.
Fee Waivers, Concessions, and Scholarships
The Institute offers various financial assistance programs to support deserving students from economically disadvantaged backgrounds. These include fee waivers, concessions, and scholarships based on income slabs and merit criteria.
Eligibility Criteria:
- SC/ST/PwD Category: 100% fee waiver
- EWS Category: 50% fee concession
- MCM (Minority Community Member): 25% fee concession
Students must submit relevant documents including income certificates, caste certificates, and disability certificates to apply for these benefits.
Application Process: Applications are submitted online through the Institute portal. Detailed instructions and required forms are available on the financial aid section of the website.
Payment Procedures & Refund Policy
All fees must be paid before the start of each semester to avoid late penalties. Payments can be made online using secure payment gateways or through NEFT/RTGS transfers.
Payment Deadlines:
- First Semester: Before 15th July
- Second Semester: Before 15th January
Late fees are calculated at 2% per month on the outstanding amount. Students who fail to pay within the stipulated time may face restrictions on library access, exam registration, and other academic activities.
Refund Policy:
- Refunds are processed for students who withdraw from the program within 30 days of admission
- After 30 days, refunds are subject to deduction of administrative charges and any dues
- Refunds are credited back to the original payment method within 45 working days