Fee Structure Overview
The fee structure for the Management program at Lnct Vidhyapeeth University Indore is comprehensive, covering tuition, hostel, mess, and other essential services required for student life. The total cost per semester includes various components that contribute to a holistic educational experience.
| Fee Head | Semester Fee (INR) | Annual Fee (INR) |
|---|---|---|
| Tuition Fee | 200000 | 400000 |
| Hostel Rent | 40000 | 80000 |
| Mess Advance | 20000 | 40000 |
| Student Benevolent Fund | 5000 | 10000 |
| Medical Fees | 3000 | 6000 |
| Gymkhana Fees | 2000 | 4000 |
| Examination Fees | 5000 | 10000 |
| Library Fee | 1000 | 2000 |
| Computer Center Fee | 2000 | 4000 |
| Total | 278000 | 556000 |
Tuition Fee
The tuition fee covers access to classroom instruction, laboratory sessions, library resources, and digital learning materials. It also includes fees for guest lectures, workshops, and industry exposure events organized by the university. The amount is fixed annually and subject to minor adjustments based on inflation.
Hostel Rent
Students residing on campus pay hostel rent, which varies depending on room type and amenities provided. The university offers single, double, and triple occupancy rooms with shared or private bathrooms. Additional charges may apply for premium facilities such as AC units or study rooms.
Mess Advance
The mess advance is collected at the beginning of each semester to cover meal expenses throughout the term. Meals are served in the university cafeteria, offering a variety of vegetarian and non-vegetarian options. The advance is adjusted monthly based on actual consumption.
Student Benevolent Fund
This fund supports students from economically disadvantaged backgrounds through scholarships, emergency aid, and educational assistance programs. Contributions help ensure that all eligible students can access quality education without financial barriers.
Medical Fees
The medical fee covers access to campus health services, including routine check-ups, vaccinations, and basic treatments. The university has a dedicated medical center staffed with qualified doctors and nurses who provide preventive care and emergency assistance.
Gymkhana Fees
These fees support extracurricular activities and sports programs offered by the university. Students can participate in various sports clubs, cultural events, and recreational activities that contribute to their overall development and well-being.
Examination Fees
Examination fees cover administrative costs associated with conducting end-of-term assessments. This includes marking, evaluation, result compilation, and certificate issuance. Students are billed separately for re-evaluation or supplementary examinations if needed.
Library Fee
The library fee grants access to an extensive collection of books, journals, research papers, and digital databases. Students can borrow materials for personal study and research, with late fees applicable for overdue items.
Computer Center Fee
This fee provides access to computer labs equipped with modern hardware and software tools essential for academic work. The computer center supports various disciplines including Management, offering access to specialized applications for data analysis, modeling, and simulation.
Hostel & Mess Charges
The university maintains well-furnished hostels that provide a comfortable living environment for students. Hostel charges are categorized based on room types and facility availability:
- Single Occupancy Room: INR 40,000 per semester
- Double Occupancy Room: INR 35,000 per semester
- Triple Occupancy Room: INR 30,000 per semester
Each room is equipped with basic amenities such as beds, tables, chairs, wardrobes, and lighting fixtures. Shared bathrooms are available in all hostels, and some rooms may include private washrooms for an additional charge.
Mess Billing System
The mess billing system operates on a monthly basis, with students receiving bills at the end of each month based on actual consumption. Meal plans include breakfast, lunch, and dinner, with options for vegetarian and non-vegetarian meals. Students can opt for different meal plans according to their preferences.
Rebate Policies
Students who do not reside in the hostel during certain periods may be eligible for rebates on hostel charges. Similarly, those who take leaves or study abroad programs may receive partial refunds based on usage and duration of absence.
Fee Waivers, Concessions, and Scholarships
The university offers several financial assistance programs to support students from diverse backgrounds:
Scholarship Categories
- SC/ST/PwD Category: Full fee waiver for eligible candidates with income below INR 300,000 per annum
- EWS Category: 50% fee concession for candidates with income between INR 300,000 and INR 600,000
- MCM Category: 25% fee concession for meritorious students from economically weaker sections
Eligibility Criteria
Students must submit relevant documents such as caste certificates, income certificates, and Aadhaar cards to apply for fee concessions. Applications are reviewed by the scholarship committee, and decisions are communicated within two weeks of submission.
Application Process
Applications for fee waivers and scholarships are submitted online through the university portal. Candidates must fill out detailed forms and upload scanned copies of supporting documents. The process is straightforward and designed to minimize administrative burden on students.
Payment Procedures & Refund Policy
Payment Deadlines
Students must complete fee payment within 15 days of receiving the bill. Late payments attract a penalty of INR 500 per day, with maximum penalties capped at 20% of the total fee amount.
Refund Policy
If a student withdraws from the university before the start of the semester, a full refund is processed after deducting administrative charges. Withdrawals during the semester may result in partial refunds based on usage and applicable policies. Refunds are typically processed within 30 working days after submission of withdrawal documents.