Fee Structure Overview
The total fee structure for the Retail Management program at Matrix Skilltech University Geyzing is designed to be transparent and affordable, with components that reflect the quality of education and facilities provided. The fees are collected on a semester-wise basis, ensuring manageable financial burdens for students and their families.
Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Student Benevolent Fund (INR) | Medical Fees (INR) | Gymkhana Fees (INR) | Examination Fees (INR) | Total (INR) |
---|---|---|---|---|---|---|---|---|
Semester 1 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 2 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 3 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 4 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 5 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 6 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 7 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Semester 8 | 75000 | 40000 | 30000 | 2000 | 3000 | 1000 | 2000 | 158000 |
Tuition Fee
The tuition fee covers access to lectures, seminars, workshops, and academic resources including libraries, computer labs, and specialized software. It also includes administrative support services, curriculum development, and faculty compensation.
Hostel Rent
Hostel accommodation is available on campus for students who wish to reside in the university's residential facilities. The rent varies based on room type and amenities provided:
- Semi-Detached Rooms (2-occupancy): INR 40,000 per semester
- Private Rooms (1-occupancy): INR 60,000 per semester
- Shared Rooms (3-occupancy): INR 35,000 per semester
Hostel facilities include Wi-Fi connectivity, laundry services, 24/7 security, and common areas such as study rooms, recreational spaces, and dining halls.
Mess Advance
A mess advance of INR 30,000 is required at the beginning of each semester to cover meal expenses. This amount is adjusted monthly based on consumption and can be refunded if the student opts out of hostel meals or leaves before the end of the semester.
Student Benevolent Fund
The Student Benevolent Fund contributes INR 2,000 per semester towards student welfare initiatives, including scholarships, emergency aid, health services, and extracurricular activities. The fund is managed by a committee comprising faculty members, staff, and student representatives.
Medical Fees
Medical fees of INR 3,000 per semester are collected to cover basic healthcare services provided on campus, including consultations with doctors, laboratory tests, vaccinations, and minor treatments. Students enrolled in the university health insurance scheme receive additional coverage for more extensive medical needs.
Gymkhana Fees
The Gymkhana Fee of INR 1,000 per semester supports physical fitness programs, sports facilities, and recreational activities organized by the university's gymkhana committee. This includes access to gymnasiums, swimming pools, tennis courts, and other athletic equipment.
Examination Fees
Each student is required to pay an examination fee of INR 2,000 per semester for conducting end-of-term assessments, practical evaluations, and grade submission processes. Additional fees may apply for retakes or special examinations.
Hostel & Mess Charges
The hostel accommodation system at Matrix Skilltech University Geyzing is designed to provide a safe, comfortable, and conducive environment for learning and personal development. Hostel rooms are equipped with essential furniture, air conditioning, internet connectivity, and 24-hour electricity supply.
Students can choose between single occupancy, double occupancy, or triple occupancy rooms based on their preferences and budget constraints. Room assignments are made through a lottery system that ensures fairness and transparency in the allocation process.
The mess facilities offer nutritious meals prepared by professional chefs using fresh ingredients sourced from local vendors. Meal timings include breakfast, lunch, and dinner, with options for vegetarian and non-vegetarian dishes. Students can customize their meal plans based on dietary restrictions or preferences.
Rebate policies are available for students who leave campus temporarily due to personal or academic reasons. These rebates are calculated based on the number of days absent from hostel accommodation and adjusted accordingly in the monthly billing cycle.
Fee Waivers, Concessions, and Scholarships
The university offers several financial assistance programs to support students from economically disadvantaged backgrounds:
- SC/ST/PwD Category: Students belonging to SC/ST or PwD categories receive a 50% waiver on tuition fees and full exemption from hostel charges.
- EWS Category: EWS students are eligible for a 25% reduction in tuition fees and partial concession on hostel rent.
- MCM (Meritorious Children of Migrant Workers): This category includes children of migrant workers who qualify under specific income criteria. They receive a 30% waiver on tuition fees and reduced hostel charges.
Eligibility for these concessions is determined based on verified documentation such as caste certificates, disability certificates, income certificates, and migration records. Students must submit relevant documents along with their applications to avail of these benefits.
Payment Procedures & Refund Policy
Payments for tuition fees and other charges are made online through the university's dedicated payment gateway or via NEFT/RTGS transfers to the university account. All transactions are tracked and documented to ensure accountability and transparency.
The deadline for fee payment is set one week before the start of each semester. Late payments attract a penalty of 5% per month on outstanding amounts, which can be waived off upon submission of valid reasons and supporting documents.
In case of withdrawal from the program, students are entitled to refunds based on the refund policy outlined in the university handbook. Refunds are processed within 30 working days after the completion of all formalities, including return of hostel keys, library books, and other university property.