Fee Structure and Financial Details for Masters Of Science Program
The fee structure for the Masters Of Science program at Mahathi Degree College Visakhapatnam is designed to be transparent, reasonable, and aligned with the quality of education provided. The program offers a comprehensive fee structure that covers all aspects of the academic and residential experience, ensuring that students can focus on their studies without financial stress. The following detailed breakdown provides comprehensive information on the fee structure, components, and financial support options:
Fee Structure (Per Semester)
The following table outlines the detailed fee structure for the Masters Of Science program, broken down per semester:
| Fee Component | Amount (INR) |
|---|---|
| Tuition Fee | 75000 |
| Hostel Rent | 30000 |
| Mess Advance | 15000 |
| Student Benevolent Fund | 2000 |
| Medical Fees | 1000 |
| Gymkhana Fees | 1000 |
| Examination Fees | 2000 |
| Total | 130000 |
The total fee per semester is 130000 INR, which covers all the essential components required for the academic and residential experience. The tuition fee is the largest component of the fee structure, reflecting the quality of education and faculty provided. The hostel rent, mess advance, and other fees are designed to provide students with comfortable living conditions and access to essential services.
Fee Component Details
Tuition Fee
The tuition fee of 75000 INR per semester covers the cost of instruction, access to academic resources, laboratory facilities, and faculty mentorship. The fee is designed to provide students with access to high-quality education and research opportunities. The tuition fee is paid per semester and is subject to annual revision based on the cost of living and educational enhancements.
Hostel Rent
The hostel rent of 30000 INR per semester provides students with comfortable accommodation on campus. The hostel facilities are designed to provide a conducive environment for academic and personal development. The rent covers basic amenities such as bed, study table, and common areas. The hostel is equipped with security systems, 24/7 maintenance, and other essential services to ensure student safety and comfort.
Mess Advance
The mess advance of 15000 INR per semester covers the cost of meals provided in the campus mess. The mess is designed to provide nutritious and hygienic food to students, with a variety of options to cater to different dietary preferences. The advance is collected at the beginning of the semester and adjusted based on the number of days the student stays in the mess.
Student Benevolent Fund
The Student Benevolent Fund of 2000 INR per semester is a small contribution towards the welfare of students. The fund is used to support students in need, provide emergency assistance, and organize cultural and social events on campus. The fund is managed by the student council and is transparent in its operations.
Medical Fees
The medical fees of 1000 INR per semester provide students with access to basic medical services on campus. The medical facility is equipped with qualified doctors and nurses to provide immediate medical attention. The fees cover routine check-ups, minor treatments, and emergency medical services.
Gymkhana Fees
The Gymkhana Fees of 1000 INR per semester provide students with access to gym facilities and sports activities. The gym is equipped with modern equipment and is maintained regularly to ensure safety and quality. The fees cover membership, access to facilities, and organized sports events.
Examination Fees
The Examination Fees of 2000 INR per semester cover the cost of conducting examinations, including the preparation of question papers, invigilation, and result processing. The fees ensure that students have access to fair and transparent examination processes.
Hostel & Mess Charges
Hostel Accommodation
The hostel accommodation at Mahathi Degree College Visakhapatnam is designed to provide students with comfortable and secure living conditions. The hostels are equipped with modern amenities and are maintained to high standards. The following room types are available:
- Single Occupancy Room: 15000 INR per semester
- Double Occupancy Room: 12000 INR per semester
- Triple Occupancy Room: 10000 INR per semester
- Four Occupancy Room: 8000 INR per semester
The room types are designed to cater to different preferences and budgets. The hostels are equipped with air conditioning, internet connectivity, and other essential amenities. The maintenance and security of the hostels are managed by professional staff to ensure a safe and comfortable environment.
Mess Billing System
The mess billing system at Mahathi Degree College Visakhapatnam is designed to be transparent and efficient. The mess is equipped with a digital billing system that tracks the consumption of meals and adjusts the billing accordingly. The following billing options are available:
- Monthly Billing: The student is billed monthly based on the number of days they stay in the mess.
- Quarterly Billing: The student is billed quarterly, with a discount for the quarter billing option.
- Annual Billing: The student is billed annually, with a significant discount for the annual billing option.
The mess provides a variety of food options to cater to different dietary preferences, including vegetarian, non-vegetarian, and special dietary requirements. The billing system ensures that students are charged fairly and transparently for the meals they consume.
Rebate Policies
The rebate policies at Mahathi Degree College Visakhapatnam are designed to provide financial relief to students in specific circumstances. The following rebate policies are available:
- Academic Excellence Rebate: Students with a CGPA of 9.0 or above are eligible for a 20% rebate on hostel rent.
- Financial Need Rebate: Students from economically disadvantaged backgrounds are eligible for a 30% rebate on hostel rent.
- Disability Rebate: Students with disabilities are eligible for a 50% rebate on hostel rent.
- Parental Income Rebate: Students whose parents' combined income is below 3 lakhs per annum are eligible for a 10% rebate on hostel rent.
The rebate policies are designed to ensure that students from all backgrounds can access quality education and accommodation without financial stress.
Fee Waivers, Concessions, and Scholarships
The program offers a range of fee waivers, concessions, and scholarships to support students from diverse backgrounds. The following details provide comprehensive information on the eligibility criteria, benefits, and application process:
Eligibility Criteria
The eligibility criteria for fee waivers, concessions, and scholarships are based on the income slabs and other relevant factors. The following income slabs are considered for different categories:
- SC/ST/PwD Category: Income below 1.5 lakhs per annum
- EWS Category: Income between 1.5 lakhs and 3 lakhs per annum
- MCM Category: Income between 3 lakhs and 6 lakhs per annum
The eligibility criteria are designed to ensure that financial support reaches those who need it the most. Students must provide relevant documentation to prove their eligibility for the benefits.
Benefits
The benefits of fee waivers, concessions, and scholarships include:
- Fee Waivers: Complete waiver of tuition fee for eligible students
- Concessions: 50% reduction in hostel rent for eligible students
- Scholarships: Full or partial scholarships for academic excellence and financial need
The benefits are designed to provide comprehensive support to students, ensuring that they can focus on their studies without financial stress.
Application Process
The application process for fee waivers, concessions, and scholarships is designed to be simple and transparent. Students are required to:
- Fill out the application form available on the official website
- Upload the required documents, including income certificates and proof of identity
- Submit the application before the deadline
- Attend an interview if required
The application process is designed to be accessible to all students, with clear guidelines and support available throughout the process.
Payment Procedures & Refund Policy
Payment Procedures
The payment procedures for the fee structure are designed to be convenient and secure. The following payment methods are accepted:
- Online Payment: Students can pay fees online through net banking, credit/debit cards, or UPI
- Bank Transfer: Students can make bank transfers to the college account
- Offline Payment: Students can make payments at the college office with cash or cheque
The payment deadlines are clearly communicated to students, and late payments attract a penalty fee. The college provides a payment receipt for each transaction to ensure transparency.
Refund Policy
The refund policy for the Masters Of Science program is designed to be fair and transparent. The following conditions apply:
- Withdrawal: Students who withdraw from the program are eligible for a refund of fees paid, subject to deductions for administrative costs and other charges
- Transfer: Students who transfer to another institution are eligible for a refund of fees paid, subject to the approval of the receiving institution
- Refund Deadline: Refunds are processed within 30 days of the withdrawal or transfer request
The refund policy ensures that students are not financially disadvantaged due to unforeseen circumstances, while also maintaining the financial integrity of the institution.