Fee Structure Overview
The total fee structure for the Economics program at Madhav University Sirohi is designed to provide value through comprehensive educational services and campus amenities. The fees are divided into semester-wise charges, including tuition, hostel rent, mess advance, and other administrative costs.
Annual Fee Breakdown
| Fee Component | Semester-wise Charges (INR) |
|---|---|
| Tuition Fee | 120,000 |
| Hostel Rent | 30,000 |
| Mess Advance | 15,000 |
| Student Benevolent Fund | 2,000 |
| Medical Fees | 1,000 |
| Gymkhana Fees | 1,500 |
| Examination Fees | 3,000 |
| Total Per Semester | 172,500 |
Detailed Fee Components Explanation
Tuition Fee: This fee covers the cost of instruction, including access to faculty, lecture materials, and academic resources. It is fixed for the entire duration of the program and includes all core subjects and departmental electives.
Hostel Rent: Hostel accommodation is provided on a semester basis. Students can choose between single, double, or triple occupancy rooms depending on availability and preferences. The rent covers basic amenities such as bedding, furniture, and utilities.
Mess Advance: A monthly mess advance of INR 15,000 is collected at the beginning of each semester. This amount covers food expenses for the entire academic term and can be adjusted based on actual consumption at the end of the semester.
Student Benevolent Fund: This fund supports students facing financial difficulties or emergencies. Contributions are voluntary but encouraged to ensure mutual aid within the campus community.
Medical Fees: A nominal fee covers access to on-campus medical facilities and emergency healthcare services. Students can also avail insurance coverage through the university's partnership with leading health providers.
Gymkhana Fees: This fee funds recreational activities, sports equipment, and cultural events organized by the student union. It includes access to gymnasiums, indoor games, and outdoor sports facilities.
Examination Fees: These fees cover administrative costs associated with conducting end-of-semester exams, including question paper preparation, invigilation, and result processing.
Hostel & Mess Charges
The university maintains several hostels with varying room types to accommodate students from different backgrounds. Room charges are as follows:
- Single Occupancy Room: INR 30,000 per semester
- Double Occupancy Room: INR 25,000 per semester
- Triple Occupancy Room: INR 20,000 per semester
Mess charges are collected at the beginning of each semester and adjusted based on actual consumption. The mess operates on a prepaid system where students receive a card with a monthly credit balance. Any unused credits can be carried forward to subsequent months.
Rebate policies are available for students who stay in hostels during vacation periods or take leave due to illness. These rebates are calculated based on the number of days absent and applied at the end of each semester.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waiver schemes and scholarships to deserving students from economically disadvantaged backgrounds:
- SC/ST/PwD Category: Eligible students receive a 100% tuition fee waiver along with partial or full hostel rent concessions.
- EWS Category: Students from EWS backgrounds receive a 50% tuition fee waiver and reduced hostel charges.
- MCM (Most Backward Class): Additional financial assistance is provided to MCM students through a special scholarship program.
Eligibility criteria for scholarships include:
- Family income not exceeding INR 3 lakh per annum
- Academic performance (minimum 70% aggregate in Class 12th)
- Proof of reservation category (if applicable)
The application process involves filling out an online form along with supporting documents such as income certificates, caste certificates, and academic transcripts. Applications are reviewed by a scholarship committee, and awards are announced at the beginning of each semester.
Payment Procedures & Refund Policy
Payments for fees must be made through online banking or credit/debit cards via the university portal. Late payments attract a penalty of INR 500 per day beyond the deadline. The payment deadline is set at the start of each semester, and students are advised to make timely payments to avoid disruptions in academic activities.
In case of withdrawal from the program, refund policies apply based on the following conditions:
- Withdrawal before 15 days of admission: Full refund minus administrative charges
- Withdrawal between 15-30 days of admission: Refund of 75% of fees minus administrative charges
- Withdrawal after 30 days of admission: No refund is processed
Refunds are processed within 60 working days after submission of the withdrawal request and necessary documentation. Students must ensure all dues are cleared before initiating the refund process.