Fee Structure and Financial Planning
The fee structure at Mahatma Gandhi University Of Medical Sciences And Technology Jaipur is designed to be transparent, affordable, and aligned with industry standards. The university ensures that students receive quality education without financial strain by offering various payment plans and financial assistance options.
Fee Head | 2024-2025 (INR) | Per Semester (INR) |
---|---|---|
Tuition Fee | 1,200,000 | 600,000 |
Hostel Fee | 150,000 | 75,000 |
Mess Fee | 40,000 | 20,000 |
Medical Fee | 20,000 | 10,000 |
Library Fee | 5,000 | 2,500 |
Development Fee | 30,000 | 15,000 |
Other Charges | 40,000 | 20,000 |
Total | 1,485,000 | 742,500 |
The total annual fee for undergraduate programs at MGU-MST is approximately INR 1,485,000. This includes tuition, hostel, mess, medical, library, and development charges. The university offers flexible payment options to accommodate different financial situations.
Hostel & Mess Charges
The hostel facilities at MGU-MST are designed to provide a comfortable living environment for students. Hostel rooms are equipped with basic amenities such as beds, wardrobes, study tables, and fans. The university ensures that all hostels meet safety and hygiene standards.
Hostel charges include accommodation, utilities, internet connectivity, and maintenance services. Students can opt for single or double occupancy rooms depending on availability and preference. The hostel management team organizes regular activities to foster a sense of community among residents.
Mess charges cover meals provided in the campus dining halls. The mess is managed by experienced chefs who ensure that students get nutritious, hygienic food. Meals include breakfast, lunch, and dinner, with options for vegetarian and non-vegetarian dishes. Students can customize their meal preferences through an online portal.
Return on Investment (ROI) Analysis
The return on investment for studying at MGU-MST is highly favorable when compared to the average placement package offered to graduates. With an average starting salary of INR 500,000 per annum and a highest package reaching INR 1,200,000, students can expect a positive ROI within two years of graduation.
Considering the total cost of education over four years (INR 1,485,000), graduates earning an average of INR 500,000 annually would recoup their investment in just under three years. This figure increases significantly if one considers that many students secure jobs with packages exceeding INR 700,000.
Additionally, the university's strong industry connections and alumni network provide graduates with continuous opportunities for career advancement, further enhancing the long-term financial benefits of their education.