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Fees
₹1,50,000
Placement
92.0%
Avg Package
₹4,50,000
Highest Package
₹8,00,000
Fees
₹1,50,000
Placement
92.0%
Avg Package
₹4,50,000
Highest Package
₹8,00,000
Seats
120
Students
1,200
Seats
120
Students
1,200
The Bachelor of Commerce program at Mahathi Degree College Visakhapatnam offers a comprehensive fee structure that covers all academic and residential expenses for the three-year program. The college's fee structure is designed to be transparent, reasonable, and aligned with the quality of education and facilities provided. The fees are collected on a semester-wise basis, with each semester's fee covering tuition, academic resources, and other essential services. The college ensures that the fee structure remains competitive and accessible to students from diverse economic backgrounds while maintaining the high standards of education and infrastructure.
| Component | Amount (INR) |
|---|---|
| Tuition Fee | 120000 |
| Hostel Rent | 20000 |
| Mess Advance | 15000 |
| Student Benevolent Fund | 2000 |
| Medical Fees | 1000 |
| Gymkhana Fees | 500 |
| Examination Fees | 1500 |
| Other Charges | 1000 |
| Total Annual Fee | 161000 |
| Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Other Fees (INR) | Total (INR) |
|---|---|---|---|---|---|
| Semester 1 | 60000 | 10000 | 7500 | 1500 | 80000 |
| Semester 2 | 60000 | 10000 | 7500 | 1500 | 80000 |
| Semester 3 | 60000 | 10000 | 7500 | 1500 | 80000 |
| Semester 4 | 60000 | 10000 | 7500 | 1500 | 80000 |
| Semester 5 | 60000 | 10000 | 7500 | 1500 | 80000 |
| Semester 6 | 60000 | 10000 | 7500 | 1500 | 80000 |
The tuition fee covers the cost of instruction, academic resources, and educational services provided to students throughout the program. This fee includes access to the college's academic facilities, including libraries, computer labs, and other learning resources. The tuition fee is designed to provide students with a high-quality education and is reviewed annually to ensure that it remains competitive and aligned with the cost of providing quality education.
The hostel rent covers accommodation for students who choose to stay on campus. The college provides well-maintained hostel facilities with modern amenities to ensure a comfortable living environment for students. The hostel rent includes basic amenities such as beds, wardrobes, study tables, and common areas. The college ensures that the hostel facilities meet all safety and hygiene standards and provide a conducive environment for learning and personal development.
The mess advance is a pre-paid amount that covers the cost of meals for students staying in the hostel. The mess charges are calculated based on the number of meals provided per day and the cost of food items. The mess advance is adjusted at the end of each month based on the actual consumption of meals. The college ensures that the mess facilities provide nutritious and hygienic food to students, and the menu is regularly updated to meet the dietary requirements of students.
The Student Benevolent Fund is a contribution towards the welfare of students and covers expenses related to student support services, including medical assistance, emergency aid, and other welfare activities. This fund ensures that students have access to necessary support services during their academic journey and helps in addressing any unforeseen circumstances that may arise.
The medical fees cover the cost of medical services and healthcare facilities available to students on campus. The college maintains a well-equipped medical center with qualified medical professionals to provide basic healthcare services to students. The medical fees ensure that students have access to timely medical attention and healthcare services, including emergency care, routine check-ups, and preventive health measures.
The Gymkhana fees cover the cost of maintaining the college's sports and recreational facilities. These fees support the operation and maintenance of sports equipment, gymnasiums, and other recreational facilities available to students. The college encourages students to participate in sports and extracurricular activities to promote physical fitness and overall development.
The examination fees cover the cost of conducting examinations, evaluating answer scripts, and maintaining examination facilities. These fees ensure that students have access to proper examination environments and that the evaluation process is conducted efficiently and fairly. The examination fees also cover the cost of maintaining examination records and providing result reports to students.
The other charges cover miscellaneous expenses related to the operation of the college and the provision of services to students. These charges may include administrative costs, library maintenance, and other operational expenses that are necessary for the smooth functioning of the college.
The college provides various types of hostel rooms to accommodate students based on their preferences and budget considerations:
The hostel rooms are well-furnished with basic amenities and are maintained to ensure a comfortable living environment. The college provides different room types to cater to the diverse needs of students and ensure that all students have access to quality accommodation.
The mess billing system is designed to ensure fair and transparent billing for students staying in the hostel. The system calculates the mess charges based on the number of meals consumed and the cost of food items. The mess charges are adjusted monthly based on actual consumption and are reflected in the student's account. The college ensures that the mess billing system is efficient and provides accurate billing to students.
The college provides certain rebate policies for students who meet specific criteria:
These rebate policies are designed to make hostel accommodation accessible to students from all economic backgrounds and to support those who demonstrate academic excellence or face financial challenges.
The college offers various fee waivers, concessions, and scholarships to support students from different backgrounds:
Students belonging to SC/ST/PwD categories are eligible for a 100% fee waiver on tuition fees and a 50% concession on hostel and mess charges. The eligibility is determined based on the valid certificates issued by the competent authorities.
Students belonging to EWS category are eligible for a 50% concession on tuition fees and a 25% concession on hostel and mess charges. The eligibility is determined based on the income certificate issued by the competent authorities.
Students from MCM (Mother's Child Migrant) category are eligible for a 50% concession on tuition fees and a 25% concession on hostel and mess charges. The eligibility is determined based on the valid certificates issued by the competent authorities.
Students who achieve exceptional academic performance are eligible for merit-based scholarships that may cover partial or full tuition fees. The scholarships are awarded based on the performance in the qualifying examination and the academic performance during the program.
Students who demonstrate financial need may be eligible for need-based financial assistance that can help cover tuition, hostel, and mess charges. The financial need is assessed based on the family income and other relevant factors.
The application process for fee waivers, concessions, and scholarships is as follows:
The college ensures that the application process is transparent and accessible to all eligible students. The financial aid committee reviews applications based on the eligibility criteria and provides support to students who demonstrate genuine need or academic excellence.
Students are required to pay the fees before the start of each semester. The payment deadlines are as follows:
Late payments are subject to a late fee of 1000 INR per month. The college encourages students to pay fees on time to avoid any inconvenience.
Students can make fee payments through the following methods:
The college provides a secure payment gateway for online transactions and ensures that all payment methods are safe and reliable.
The refund policy for the Bachelor of Commerce program is as follows:
The college ensures that the refund process is fair and transparent, and students receive their refunds in a timely manner.