Fee Structure Overview
The total cost of pursuing an MBA degree at Mandsaur University includes tuition fees, hostel charges, mess fees, and other miscellaneous expenses. The fee structure is designed to be transparent and affordable for students from diverse backgrounds.
| Head | Per Semester (INR) | Annual Total (INR) |
|---|---|---|
| Tuition Fee | 60000 | 120000 |
| Hostel Rent | 20000 | 40000 |
| Mess Advance | 15000 | 30000 |
| Student Benevolent Fund | 2000 | 4000 |
| Medical Fees | 1000 | 2000 |
| Gymkhana Fees | 1000 | 2000 |
| Examination Fees | 2000 | 4000 |
| Total Per Semester | 100000 | 200000 |
| Total Per Academic Year | 200000 | 400000 |
Detailed Fee Components
Each component of the fee structure serves a specific purpose and contributes to the overall educational experience:
- Tuition Fee: Covers the cost of instruction, access to academic resources, library services, and administrative support.
- Hostel Rent: Includes accommodation in university-managed hostels with shared facilities like common rooms, laundry services, and security.
- Mess Advance: A fixed amount paid upfront for meals during the semester, which is adjusted at the end of the term based on actual consumption.
- Student Benevolent Fund: Supports students facing financial difficulties through grants and emergency assistance.
- Medical Fees: Covers basic healthcare services provided by the university's medical center and insurance coverage for students.
- Gymkhana Fees: Funds student activities, sports events, cultural programs, and extracurricular initiatives.
- Examination Fees: Includes costs associated with conducting examinations, grading, and issuing transcripts.
Hostel & Mess Charges
Mandsaur University offers hostel accommodations for students, with different room types available based on comfort levels and budget considerations:
- Single Occupancy Room: Rs. 20,000 per semester (includes utilities)
- Double Occupancy Room: Rs. 15,000 per semester (includes utilities)
- Triple Occupancy Room: Rs. 12,000 per semester (includes utilities)
The mess charges are calculated based on the number of meals consumed during the month. Students are required to pay a fixed advance amount at the beginning of each semester, which is adjusted according to actual usage.
Fee Waivers, Concessions, and Scholarships
Mandsaur University provides various financial assistance options to ensure that deserving students can pursue their education without financial strain:
- SC/ST/PwD Category: 100% fee waiver for eligible students based on caste certificate or disability certificate.
- EWS Category: 50% fee concession for students belonging to economically weaker sections as per government guidelines.
- MCM (Minority Community): 25% fee concession for students from minority communities recognized by the university.
The eligibility criteria for each category are strictly defined and verified through documentation. Students must submit their applications along with relevant certificates to the Finance Department before the start of the academic year.
Payment Procedures & Refund Policy
Payments for fees can be made online through secure payment gateways or offline via demand draft/DD issued in favor of Mandsaur University. The university accepts payments within the specified deadlines to avoid late fees.
Students who fail to pay fees on time will incur a late fee of Rs. 500 per day until the dues are cleared. Refunds, if applicable, are processed according to the university's refund policy, which requires students to submit formal requests along with supporting documents.
The refund process is initiated after verifying the student's academic status and ensuring that all dues are settled. Refunds are typically credited back to the original payment method within 30 working days of submission of the request.