Fee Structure (Per Semester)
Component | Amount (INR) |
---|---|
Tuition Fee | 80000 |
Hostel Rent | 35000 |
Mess Advance | 15000 |
Student Benevolent Fund | 2000 |
Medical Fees | 3000 |
Gymkhana Fees | 1000 |
Examination Fees | 2500 |
Total | 143500 |
Detailed Narrative Explanation of Each Fee Component
Tuition Fee: Covers instruction, laboratory sessions, and administrative costs associated with the academic program. It includes access to digital resources, software licenses, and faculty mentorship.
Hostel Rent: Provides accommodation for students within the campus. The rent covers maintenance, utilities, security, and common area management.
Mess Advance: Prepaid amount towards food expenses. This ensures smooth functioning of the mess system without disruptions during the academic year.
Student Benevolent Fund: A small contribution to support students facing financial hardships or emergencies during their studies.
Medical Fees: Covers basic healthcare services provided by the on-campus medical center. Includes consultations, minor treatments, and emergency care.
Gymkhana Fees: Supports recreational activities, sports facilities, and cultural events organized for student welfare.
Examination Fees: Covers administrative costs related to conducting internal and external examinations, including question paper preparation, invigilation, and result processing.
Hostel & Mess Charges
The hostel facilities at Maya Institute Of Technology And Management offer comfortable living environments for students. There are multiple room types available:
- Single Occupancy Room: ₹35,000 annually (including all utilities)
- Double Occupancy Room: ₹30,000 annually (shared with one roommate)
- Triple Occupancy Room: ₹25,000 annually (shared with two roommates)
The mess system operates on a monthly billing cycle. Meals are served in three sittings (breakfast, lunch, dinner) and the average cost per meal is approximately ₹70.
Rebate policies allow students to receive partial refunds if they do not consume meals for certain days. Full refunds are available only in exceptional circumstances such as leave of absence or medical emergencies.
Fee Waivers, Concessions, and Scholarships
We offer various financial assistance options to deserving students:
- SC/ST/PwD Category: 100% waiver on tuition fee and hostel charges. Eligibility based on valid certificates.
- EWS Category: 50% concession on tuition fee and full waiver on hostel charges. Income slab: ₹3 lakhs per annum or below.
- MCM (Minority Community): 50% concession on tuition fee and full waiver on hostel charges. Eligibility based on community certification.
The application process involves submitting required documents through the online portal. Applications are reviewed by a dedicated committee that evaluates eligibility criteria and provides recommendations.
Payment Procedures & Refund Policy
All fees must be paid before the start of each semester. Late payments incur additional charges:
- Late Fee: ₹500 per day beyond the deadline
- Final Deadline: 10th of each month
Refunds are processed under specific conditions such as withdrawal from the institution, transfer to another university, or cancellation of admission due to unforeseen circumstances. Refund rules specify deductions for administrative charges and pending dues.