Fee Structure Overview
The Institute of Engineering and Technology maintains a transparent and well-defined fee structure that is affordable yet comprehensive, covering all aspects of academic and residential life. The following table outlines the detailed fee breakdown for each semester:
Head | 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 | 120000 | 120000 | 120000 | 120000 | 120000 | 120000 | 120000 | 120000 |
Hostel Fee | 45000 | 45000 | 45000 | 45000 | 45000 | 45000 | 45000 | 45000 |
Mess Fee | 12000 | 12000 | 12000 | 12000 | 12000 | 12000 | 12000 | 12000 |
Medical Fee | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 |
Development Fee | 10000 | 10000 | 10000 | 10000 | 10000 | 10000 | 10000 | 10000 |
Total Annual Fee | 192000 | 192000 | 192000 | 192000 | 192000 | 192000 | 192000 | 192000 |
The total annual fee for the program amounts to INR 192,000, which is relatively affordable compared to other top-tier institutions. The fee includes all essential services, ensuring a hassle-free academic experience.
Hostel & Mess Charges
IET provides comfortable and modern hostel accommodations to ensure students can focus on their studies without distractions. The hostel facilities include:
- Well-furnished rooms with basic amenities
- Centralized Wi-Fi connectivity
- 24-hour security and surveillance systems
- Laundry services
- Recreational spaces for social interaction
The hostel charges are INR 45,000 per semester, covering accommodation, utilities, and maintenance. The mess facility offers a variety of meals, including vegetarian and non-vegetarian options, ensuring nutritional balance.
Return on Investment (ROI) Analysis
With an average placement package of INR 700,000 and the total cost of education being INR 192,000 per year, the ROI for students at IET is approximately 7.5. This calculation considers the following factors:
- Total tuition and living expenses over 4 years = INR 768,000
- Average starting salary = INR 700,000
- ROI = (Average Salary - Total Cost) / Total Cost * 100 = 7.5%
This ROI reflects the high value and quality of education provided by IET, which prepares students for rewarding careers with strong financial returns.