Fee Structure Breakdown
The total fee structure for the Education program at Lnct Vidhyapeeth University Indore is designed to be transparent and affordable. The following table outlines all components of the annual fees broken down per semester:
Fee Component | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) |
---|---|---|---|---|
Tuition Fee | 60,000 | 60,000 | 60,000 | 60,000 |
Hostel Rent | 25,000 | 25,000 | 25,000 | 25,000 |
Mess Advance | 15,000 | 15,000 | 15,000 | 15,000 |
Student Benevolent Fund | 2,000 | 2,000 | 2,000 | 2,000 |
Medical Fees | 1,000 | 1,000 | 1,000 | 1,000 |
Gymkhana Fees | 500 | 500 | 500 | 500 |
Examination Fees | 1,500 | 1,500 | 1,500 | 1,500 |
Total Annual Cost | 105,000 | 105,000 | 105,000 | 105,000 |
Detailed Narrative Explanation of Fee Components
Tuition Fee: This component covers the cost of instruction, including faculty salaries, classroom facilities, and academic resources. The fee is fixed annually to ensure budget stability for students.
Hostel Rent: Hostel accommodation is provided within the campus premises with modern amenities. Rent includes utilities such as electricity, water, internet access, and maintenance services.
Mess Advance: Mess charges are collected in advance to cover meals for the entire semester. The mess operates on a daily basis with varied menu options catering to different dietary preferences.
Student Benevolent Fund: A nominal contribution towards the welfare of students, supporting initiatives like scholarships, emergency aid, and cultural events.
Medical Fees: Covers basic medical services available on campus including consultations, medications, and health check-ups.
Gymkhana Fees: Supports fitness activities, sports equipment, and recreational programs aimed at promoting physical well-being among students.
Examination Fees: Covers costs associated with conducting examinations, including paper printing, invigilation, and result processing.
Hostel & Mess Charges
The university provides hostel accommodations in different room types to suit varying needs and preferences:
- Single Occupancy Rooms: Private rooms for individual occupancy with attached bathrooms and study spaces.
- Double Occupancy Rooms: Shared rooms accommodating two students each with common bathroom facilities.
- Triple Occupancy Rooms: Three-person shared accommodations with communal facilities.
The mess billing system operates on a monthly basis, allowing flexibility for students to adjust their meal plans according to their schedules. Rebate policies are applicable for students who do not consume meals regularly or during holidays.
Fee Waivers, Concessions, and Scholarships
Lnct Vidhyapeeth University Indore offers several financial assistance options to support deserving students:
- SC/ST/PwD Category: Students belonging to reserved categories receive a 50% concession on tuition fees. Additional benefits include free hostel accommodation and stipend support.
- EWS Category: Eligible students receive a 25% fee waiver along with priority in hostel allocation.
- MCM (Minority Community Member): Special concessions are provided to students from minority communities, including reduced fees and scholarship opportunities.
Eligibility criteria for scholarships include academic performance, family income slabs, and community background. Detailed guidelines are available on the university website, outlining application procedures and required documents.
Payment Procedures & Refund Policy
Payment Deadlines: Students must complete fee payment within 15 days of admission or before the start of each semester. Late payments attract penalties as per university guidelines.
Late Fee Calculations: A penalty of INR 500 per day is charged for late payments beyond the deadline. This policy ensures timely financial settlements and prevents disruptions in academic activities.
Refund Rules: Refunds are processed according to university regulations upon withdrawal or discontinuation of studies. The refund process involves submission of necessary documents, approval from relevant authorities, and processing within 30 days.
The university maintains strict transparency in fee management, ensuring that all charges are clearly communicated and justified. Regular updates on fee structures are shared with students through official channels to maintain accountability and trust.