Fee Structure Overview
The total fee structure for the Operations Management program at MAHARISHI CENTRE FOR EDUCATIONAL EXCELLENCE is designed to provide comprehensive coverage of all academic and living expenses over the four-year duration. The fees are divided into semester-wise payments to ensure manageable financial planning for students and their families.
Annual Fee Breakdown
| Fee Head | Semester I | Semester II | Semester III | Semester IV | Semester V | Semester VI | Semester VII | Semester VIII |
|---|---|---|---|---|---|---|---|---|
| Tuition Fee | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 |
| Hostel Rent | INR 1,50,000 | INR 1,50,000 | INR 1,50,000 | INR 1,50,000 | INR 1,50,000 | INR 1,50,000 | INR 1,50,000 | INR 1,50,000 |
| Mess Advance | INR 1,20,000 | INR 1,20,000 | INR 1,20,000 | INR 1,20,000 | INR 1,20,000 | INR 1,20,000 | INR 1,20,000 | INR 1,20,000 |
| Student Benevolent Fund | INR 5,000 | INR 5,000 | INR 5,000 | INR 5,000 | INR 5,000 | INR 5,000 | INR 5,000 | INR 5,000 |
| Medical Fees | INR 3,000 | INR 3,000 | INR 3,000 | INR 3,000 | INR 3,000 | INR 3,000 | INR 3,000 | INR 3,000 |
| Gymkhana Fees | INR 2,000 | INR 2,000 | INR 2,000 | INR 2,000 | INR 2,000 | INR 2,000 | INR 2,000 | INR 2,000 |
| Examination Fees | INR 15,000 | INR 15,000 | INR 15,000 | INR 15,000 | INR 15,000 | INR 15,000 | INR 15,000 | INR 15,000 |
| Total Annual Fee | INR 7,40,000 | INR 7,40,000 | INR 7,40,000 | INR 7,40,000 | INR 7,40,000 | INR 7,40,000 | INR 7,40,000 | INR 7,40,000 |
Detailed Fee Component Explanations
Tuition Fee: This fee covers all instructional activities including lectures, tutorials, practical sessions, and access to online learning resources. It also includes administrative costs related to course delivery and student support services.
Hostel Rent: The hostel accommodation charges cover rent for dormitory-style rooms with shared facilities. The rooms are equipped with essential amenities such as beds, study tables, wardrobes, and internet connectivity.
Mess Advance: The mess advance is a prepayment required for meals throughout the semester. It covers breakfast, lunch, and dinner provided by the campus cafeteria. Students can adjust their mess charges based on actual consumption at the end of each month.
Student Benevolent Fund: This fund supports students facing financial hardships or emergencies. Contributions are voluntary but help create a safety net for those in need during critical situations.
Medical Fees: These charges cover access to on-campus medical facilities, including consultations with doctors, basic treatments, and emergency care services provided by the campus health center.
Gymkhana Fees: The gymkhana fees support the maintenance of sports and recreational facilities, including gyms, courts, and other fitness equipment available to students.
Examination Fees: These fees cover administrative costs associated with conducting examinations, including paper preparation, invigilation, result processing, and certificate issuance.
Hostel & Mess Charges
The hostel accommodation at MAHARISHI CENTRE FOR EDUCATIONAL EXCELLENCE offers a comfortable living environment for students. There are several room types available to suit different preferences and budgets:
- Single Room: Designed for individual occupancy with private amenities
- Double Room: Shared between two students, offering cost-sharing benefits
- Triple Room: Shared among three students, ideal for budget-conscious students
- Quad Room: Accommodating four students in a shared living space
The mess billing system operates on a monthly basis where students pay an advance amount that is adjusted based on actual consumption. Rebate policies are available for students who do not use the mess facility or reduce their consumption during certain periods.
Fee Waivers, Concessions, and Scholarships
We offer various financial assistance options to ensure that deserving students can access quality education without financial burden:
- SC/ST/PwD Category: Eligible students receive a 100% waiver on tuition fees and 50% concession on hostel charges
- EWS Category: Students receive a 50% waiver on tuition fees and 30% concession on hostel charges
- MCM (Minority Community): Eligible students get a 25% waiver on tuition fees and 15% concession on hostel charges
The eligibility criteria for these financial aid options are based on income slabs as per government guidelines. Students must submit relevant documents such as caste certificates, income certificates, or disability certificates to qualify.
Payment Procedures & Refund Policy
All fee payments must be made through online banking or NEFT/RTGS transfers to the designated bank account of MAHARISHI CENTRE FOR EDUCATIONAL EXCELLENCE. Payment deadlines are strictly enforced to ensure smooth academic planning.
Late fees are applicable at a rate of 1% per month on outstanding balances. Students must clear their dues before appearing for examinations or receiving official documents.
The refund policy applies to students who withdraw from the program during the academic year. Refunds are processed after deducting administrative charges and any outstanding dues. The process typically takes 4-6 weeks for completion, subject to verification of documents and compliance with institutional policies.