Fee Structure Overview
The fee structure at M K University Patan is transparent, affordable, and aligned with the quality of education provided. The university ensures that its programs are accessible to students from diverse economic backgrounds while maintaining high academic standards.
Semester-wise Fee Breakdown
| Category | First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) | Fifth Semester (INR) | Sixth Semester (INR) |
|---|---|---|---|---|---|---|
| Tuition Fee | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 | 1,20,000 |
| Hostel Fee | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 |
| Mess Fee | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 |
| Medical Fee | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Library Fee | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Development Fee | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Other Charges | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| Total (Per Semester) | 1,94,000 | 1,94,000 | 1,94,000 | 1,94,000 | 1,94,000 | 1,94,000 |
Hostel & Mess Charges
M K University Patan provides modern hostel facilities to accommodate students from across the country. The hostel charges are inclusive of all amenities and services.
Hostel Accommodation
The university operates well-maintained hostels with separate accommodation for male and female students. Hostel rooms are equipped with basic furniture, Wi-Fi connectivity, and 24/7 security.
- Single Occupancy Room: INR 45,000 per semester
- Double Occupancy Room: INR 35,000 per semester
- Triple Occupancy Room: INR 25,000 per semester
Mess Facilities
The university operates multiple mess facilities on campus, providing nutritious meals to students. The mess charges include breakfast, lunch, and dinner.
- Standard Mess Charges: INR 18,000 per semester
- Special Diet Meals (Vegetarian): INR 500 per meal
- Non-Vegetarian Meals: INR 700 per meal
Return on Investment (ROI) Analysis
The ROI for M K University Patan programs is calculated by comparing the total cost of education with the average placement package received by students.
Total Cost of Education
The total cost of education for a four-year program at M K University Patan is approximately INR 7,76,000 (INR 1,94,000 per semester).
Average Placement Package
Based on recent placement data, the average package offered to students at M K University Patan is INR 400,000. This represents a significant return on investment over the course of four years.
ROI Calculation
The ROI is calculated as follows:
ROI = (Average Placement Package - Total Cost) / Total Cost * 100
ROI = (400,000 - 7,76,000) / 7,76,000 * 100 = -61.2%
While the ROI appears negative initially, it's important to note that this calculation does not account for the long-term career growth and earning potential of graduates. The university ensures that students are well-prepared for industry demands and have access to excellent placement opportunities.
Long-Term Value
Graduates from M K University Patan typically experience rapid career advancement and salary growth. Many secure positions with high compensation packages, making the initial investment worthwhile in the long run.
Financial Aid and Scholarships
M K University Patan offers various financial aid options to support students from economically disadvantaged backgrounds.
Institutional Scholarships
- MCM Scholarship: A merit-based scholarship for top-performing students with full coverage of tuition fees and hostel charges.
- Need-Based Scholarship: Financial assistance for students demonstrating financial hardship, covering up to 50% of total fees.
External Scholarships
The university also facilitates access to external scholarships from government agencies and private organizations.
- PMKVY (Pradhan Mantri Kaushal Vikas Yojana): Provides financial support for skill development programs.
- SC/ST Scholarship: Government-funded scholarship for students belonging to Scheduled Castes and Scheduled Tribes.
- National Means-cum-Merit Scholarship (NMMS): For meritorious students from low-income families.
Payment Options
The university offers flexible payment options for fee management, including:
- Installment payments over semesters
- Online payment gateway support
- Debit/Credit card transactions
- Bank transfer facilities
Students are encouraged to plan their finances carefully and utilize available financial aid options to ensure seamless payment of fees.