Fee Structure Overview
The total fee for the Management program at M K University Patan includes tuition, hostel rent, mess charges, and other mandatory fees. The following table provides a detailed breakdown of all components:
| Component | Per Semester (INR) | Total for 4 Years (INR) |
|---|---|---|
| Tuition Fee | 100,000 | 400,000 |
| Hostel Rent | 25,000 | 100,000 |
| Mess Advance | 15,000 | 60,000 |
| Student Benevolent Fund | 2,000 | 8,000 |
| Medical Fees | 1,500 | 6,000 |
| Gymkhana Fees | 1,000 | 4,000 |
| Examination Fees | 2,000 | 8,000 |
| Total Annual Cost | 148,500 | 594,000 |
Detailed Fee Component Explanation
- Tuition Fee: Covers instruction costs for all core and elective courses. Includes access to academic resources, faculty mentorship, and digital learning platforms.
- Hostel Rent: Provides accommodation in campus-hostels with modern amenities including Wi-Fi, laundry services, and 24/7 security.
- Mess Advance: Covers monthly food expenses for students staying on campus. The advance amount is adjusted based on actual consumption at the end of each month.
- Student Benevolent Fund: Supports students facing financial hardships or emergencies through grants and scholarships.
- Medical Fees: Covers basic healthcare services including consultations, diagnostics, and medications within campus health centers.
- Gymkhana Fees: Funds recreational activities, sports facilities, cultural events, and student organizations.
- Examination Fees: Includes costs associated with conducting semester examinations, evaluation processes, and result compilation.
Hostel & Mess Charges
The university offers multiple room types in its hostels to accommodate different preferences and budgets:
- Single Room: ₹25,000 per semester with individual study space and shared common areas.
- Double Room: ₹20,000 per semester with two students sharing the room and common facilities.
- Triple Room: ₹15,000 per semester for three students sharing a room and common amenities.
The mess system operates on a monthly billing cycle where students pay an advance amount that is adjusted based on actual usage. Rebates are available for students who do not use the mess facility regularly or opt out of certain meals.
Fee Waivers, Concessions, and Scholarships
M K University Patan provides several financial assistance options for deserving students:
- SC/ST/PwD Category: Eligible students receive a 50% concession on tuition fees. Additional support includes scholarships up to ₹10,000 per month.
- EWS Category: Students from economically weaker sections get a 25% reduction in fees with partial financial aid based on income slabs.
- MCM (Mother of Child with Maturity): A one-time scholarship of ₹5,000 per semester for single mothers pursuing education.
Eligibility criteria are reviewed annually, and students must submit relevant documents such as income certificates, caste certificates, or disability certificates during the application process.
Payment Procedures & Refund Policy
All fees must be paid online through secure payment gateways provided by the university. Late payments attract a penalty of ₹500 per day beyond the deadline:
- Payment Deadlines: Fees are due before the start of each semester, with a grace period of 15 days for late submissions.
- Refund Rules: Refunds are processed only upon withdrawal from the university and must be requested within 30 days after the last academic session. A processing fee of ₹1,000 is deducted from the refund amount.
- Refund Eligibility: Refunds are issued for tuition fees, hostel rent, and mess charges if the student leaves before completing the academic year. Partial refunds may apply depending on usage periods.