Fee Structure Overview
The fee structure for the Masters Of Commerce program at Krishna Teja Degree And Pg College Chittoor is designed to be transparent and affordable, ensuring that students can pursue their education without financial strain. The fees are collected on a semester-wise basis, with each semester covering tuition, hostel, mess, and other essential charges.
The total fee for the program is Rs. 120,000, which is divided into two semesters of Rs. 60,000 each. This fee structure includes all mandatory charges, ensuring that students are not burdened with unexpected expenses.
| Head | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 40000 | Semester |
| Hostel Rent | 10000 | Semester |
| Mess Advance | 5000 | Semester |
| Student Benevolent Fund | 1000 | Semester |
| Medical Fees | 500 | Semester |
| Gymkhana Fees | 500 | Semester |
| Examination Fees | 500 | Semester |
| Total | 60000 | Semester |
Each component of the fee structure is explained in detail below to provide clarity and transparency to students and their families.
Fee Components
Tuition Fee: The tuition fee covers the cost of instruction, academic resources, and access to the college's facilities. This fee includes access to libraries, computer labs, and other academic resources necessary for the program.
Hostel Rent: The hostel rent covers accommodation for students who choose to stay on campus. The hostel facilities are well-maintained and provide a comfortable living environment for students.
Mess Advance: The mess advance covers the cost of meals provided by the college. Students are required to pay an advance for the mess, which is adjusted at the end of each semester.
Student Benevolent Fund: This fund supports students in need and provides assistance for various academic and personal needs.
Medical Fees: The medical fees cover basic healthcare services provided by the college's medical center.
Gymkhana Fees: These fees support the college's sports and recreational activities.
Examination Fees: These fees cover the cost of conducting examinations and evaluating student performance.
Hostel & Mess Charges
The hostel facilities at Krishna Teja Degree And Pg College Chittoor are designed to provide a comfortable and conducive environment for learning. The hostel rooms are well-furnished with basic amenities, including beds, study tables, and wardrobes. Students can choose between single, double, and triple occupancy rooms, depending on their preferences.
The mess facility provides nutritious and hygienic meals to students. The mess billing system is transparent, with charges adjusted at the end of each semester. Students are required to pay an advance for the mess, which is adjusted based on the number of meals consumed.
Rebate policies are available for students who do not consume meals during certain periods, such as during examinations or holidays. These rebates are calculated based on the number of days the student does not consume meals.
Additional expenses related to hostel and mess facilities include laundry charges, internet charges, and other miscellaneous expenses. These charges are clearly communicated to students at the beginning of each semester.
Fee Waivers, Concessions, and Scholarships
The college offers various fee waivers, concessions, and scholarships to students based on their financial background and academic performance. These financial aids are designed to ensure that deserving students can pursue their education without financial strain.
Eligibility Criteria: Fee waivers and concessions are available to students from SC/ST/PwD, EWS, and MCM categories. The income slabs for these categories are as follows:
- SC/ST/PwD: Annual income up to Rs. 3 lakhs
- EWS: Annual income up to Rs. 4 lakhs
- MCM: Annual income up to Rs. 2 lakhs
Benefits: Students who meet the eligibility criteria are entitled to a 50% waiver on tuition fees and full concession on hostel and mess charges. The application process for these financial aids is straightforward and can be completed online.
Application Process: Students must submit an application form along with supporting documents, such as income certificates, caste certificates, and disability certificates, to the finance department. The application is reviewed by a committee, and eligible students are granted the benefits.
Payment Procedures & Refund Policy
The payment procedure for the Masters Of Commerce program is designed to be simple and convenient. Students can make payments online through the college's official website or at the finance department. The payment deadline is strictly enforced, and late fees are applicable for delayed payments.
Payment Deadlines: The payment deadline for each semester is announced at the beginning of the semester. Students are required to make the payment before the deadline to avoid any inconvenience.
Late Fee Calculation: A late fee of Rs. 500 per day is applicable for delayed payments. Students are encouraged to make payments on time to avoid additional charges.
Refund Policy: The refund policy is applicable in cases of withdrawal or transfer of students. The refund is processed within 30 days of the application, subject to the deduction of applicable fees and charges.
The college ensures that all refund procedures are conducted transparently and in accordance with university guidelines. Students who wish to withdraw from the program must submit a formal application and follow the prescribed procedure for refund processing.