Fee Structure
The fee structure for the MBA program at Krishna Teja Degree And Pg College Chittoor is designed to be transparent and affordable, ensuring that quality education is accessible to all eligible students. The following table provides a detailed breakdown of the fee structure for the entire program duration:
| Fee Head | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 150000 | Per Year |
| Hostel Rent | 30000 | Per Year |
| Mess Advance | 15000 | Per Year |
| Student Benevolent Fund | 1000 | Per Year |
| Medical Fees | 2000 | Per Year |
| Gymkhana Fees | 1000 | Per Year |
| Examination Fees | 2000 | Per Semester |
| Other Charges | 5000 | Per Year |
The total fee for the two-year program is approximately 250000 INR. The tuition fee is the largest component of the fee structure, reflecting the quality of education and resources provided by the institution.
Fee Components
Each component of the fee structure is designed to cover specific aspects of the student's educational and living experience:
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, and access to the institution's facilities. It includes access to libraries, computer labs, and other academic resources. The fee is updated annually to reflect the cost of maintaining quality education.
Hostel Rent
The hostel rent covers accommodation for students who opt for campus housing. The hostel facilities are designed to provide a comfortable and conducive environment for learning and personal development.
Mess Advance
The mess advance covers the cost of meals for the academic year. Students are required to pay this advance at the beginning of the academic year, and the actual mess charges are deducted from this amount based on consumption.
Student Benevolent Fund
This fund is used to support students in need and to provide assistance for various activities and events organized by the institution.
Medical Fees
The medical fees cover healthcare services provided by the institution's medical center. This includes basic health checkups and emergency medical care.
Gymkhana Fees
The gymkhana fees support the institution's sports and recreational activities, including access to gym facilities and participation in sports events.
Examination Fees
These fees cover the cost of conducting examinations and evaluating student performance. They are charged per semester and are used to maintain the quality of assessment.
Other Charges
This category includes miscellaneous charges such as administrative fees, library fees, and other incidental expenses.
Hostel & Mess Charges
The hostel facilities at Krishna Teja Degree And Pg College Chittoor are designed to provide a comfortable and supportive environment for students. The hostel charges vary based on the type of room and amenities provided:
Room Types
There are different types of rooms available in the hostel, including single occupancy, double occupancy, and triple occupancy. The charges for each type of room are as follows:
- Single Occupancy Room: 15000 INR per year
- Double Occupancy Room: 10000 INR per year
- Triple Occupancy Room: 7000 INR per year
Each room is equipped with basic amenities such as beds, tables, chairs, and storage space. The hostel also provides common areas such as lounges, study rooms, and recreational spaces.
Mess Billing System
The mess billing system is designed to be fair and transparent. Students are required to pay a mess advance at the beginning of the academic year, which is then adjusted based on actual consumption. The mess charges are calculated on a per-meal basis, and students can monitor their consumption through an online portal.
Rebate Policies
Students who are unable to use the hostel facilities for a certain period due to valid reasons such as illness or travel can apply for a rebate. The rebate is calculated based on the number of days the student is absent from the hostel.
Fee Waivers, Concessions, and Scholarships
The institution offers various fee waivers, concessions, and scholarships to ensure that financial constraints do not hinder access to quality education:
Eligibility Criteria
The eligibility criteria for fee waivers and concessions are based on income slabs and other factors:
- SC/ST/PwD: 100% fee waiver
- EWS: 50% fee waiver
- MCM: 25% fee waiver
Students must provide proof of their eligibility, such as income certificates, caste certificates, or disability certificates, to avail of these benefits.
Application Process
Students who wish to apply for fee waivers or concessions must submit an application form along with the required documents to the finance department. The application is reviewed by a committee, and eligible students are granted the benefits.
Payment Procedures & Refund Policy
The payment procedures for the MBA program are designed to be convenient and secure:
Payment Deadlines
Students are required to pay the fees by the specified deadlines to avoid late fees and penalties. The deadlines are typically set at the beginning of the academic year and are communicated to all students.
Late Fee Calculations
Late fees are charged for payments made after the specified deadlines. The late fee is calculated as a percentage of the total fee and is added to the outstanding amount.
Refund Rules
In case of withdrawal from the program, the refund policy is as follows:
- Withdrawal before 15 days of the start of the academic year: 100% refund
- Withdrawal between 15-30 days of the start of the academic year: 75% refund
- Withdrawal after 30 days of the start of the academic year: No refund
The refund is processed within 30 days of the withdrawal request, subject to the deduction of any outstanding fees or penalties.