Fee Structure for the Entrepreneurship Program at Medhavi Skills University Sikkim
The fee structure for the Entrepreneurship program at Medhavi Skills University Sikkim is designed to be transparent, affordable, and accessible to students from diverse economic backgrounds. The university is committed to providing quality education without compromising on financial accessibility.
Annual Fee Structure
The total fee for the 4-year program is 1200000 INR. This fee is divided into 8 semesters, with each semester's fee calculated to ensure financial sustainability and quality education delivery.
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees | Total Fee |
|---|---|---|---|---|---|---|---|---|
| Semester 1 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 2 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 3 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 4 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 5 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 6 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 7 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
| Semester 8 | 150000 | 40000 | 20000 | 2000 | 5000 | 1000 | 2000 | 218000 |
Fee Components Breakdown
Each component of the fee structure is carefully designed to provide students with a comprehensive educational experience while ensuring financial sustainability for the university.
Tuition Fee: The tuition fee covers the cost of instruction, academic resources, and access to university facilities. This includes access to libraries, laboratories, and other academic resources. The tuition fee is fixed for the duration of the program to provide financial stability for students.
Hostel Rent: The hostel rent covers accommodation in the university's residential facilities. The university provides comfortable and secure accommodation for students. The hostel rooms are equipped with basic amenities and are maintained to high standards.
Mess Advance: The mess advance covers the cost of meals provided by the university's dining facilities. Students are required to pay an advance for meals, which is adjusted at the end of each month based on consumption.
Student Benevolent Fund: This fund supports students in need and provides assistance for emergencies and special circumstances. The fund is managed by the university and is used to help students who face financial difficulties.
Medical Fees: The medical fees cover access to the university's medical facilities and healthcare services. Students have access to basic medical care and emergency services at the university's health center.
Gymkhana Fees: The gymkhana fees provide access to the university's sports and recreational facilities. Students can use the gym, sports courts, and other recreational amenities at no additional cost.
Examination Fees: The examination fees cover the cost of conducting examinations, including administrative costs and proctoring services. These fees are required for all examinations and are collected at the beginning of each semester.
Hostel & Mess Charges
The university provides comfortable and well-maintained hostel facilities for students. The hostel rooms are categorized into different types based on amenities and comfort levels.
Room Types: The university offers three types of hostel rooms: Single Occupancy, Double Occupancy, and Triple Occupancy. Each room is equipped with basic amenities such as beds, study tables, chairs, and wardrobes. The rooms are maintained to high standards and are regularly cleaned and serviced.
Mess Billing System: The mess billing system is designed to be fair and transparent. Students are required to pay an advance for meals, which is adjusted at the end of each month based on actual consumption. The mess charges are updated regularly to reflect the cost of food and services.
Rebate Policies: The university provides certain rebate policies for students who meet specific criteria. Students who maintain good academic standing may be eligible for partial rebates on hostel and mess charges. The rebate policies are designed to encourage academic excellence and financial support for deserving students.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waivers, concessions, and scholarships to support students from economically disadvantaged backgrounds. These financial aid options are designed to ensure that quality education is accessible to all students regardless of their economic status.
Eligibility Criteria: The eligibility criteria for fee waivers and concessions are based on income slabs and other factors. Students from SC/ST/PwD categories are eligible for significant concessions. EWS students are also eligible for certain benefits. MCM (Minority Community Members) students may also receive concessions based on their category.
Benefits: The benefits of fee waivers and concessions include partial or full waiver of tuition fees, hostel charges, and mess charges. The specific benefits vary based on the category of the student and the income slab.
Application Process: Students who wish to apply for fee waivers and concessions must submit an application form along with supporting documents. The application process is conducted online and requires students to provide detailed information about their family income and other relevant factors. The university reviews the applications and approves them based on the eligibility criteria.
Payment Procedures & Refund Policy
The payment procedures for the Entrepreneurship program are designed to be simple and accessible. Students can make payments through various modes including online banking, credit/debit cards, and NEFT/RTGS transfers.
Payment Deadlines: Students are required to make payments by the specified deadlines to avoid late fees and penalties. The payment deadlines are clearly communicated to students at the beginning of each semester.
Late Fee Calculations: Late fees are calculated at a rate of 1% per month on the outstanding amount. Students who fail to make payments by the deadline are subject to late fees and may face restrictions on academic activities.
Refund Rules: The university has a clear refund policy for students who withdraw from the program. The refund amount is calculated based on the number of semesters completed and the fees paid. Students who withdraw during the first semester may be eligible for a full refund, while those who withdraw later may receive a partial refund.
The refund process is conducted in accordance with university regulations and government guidelines. Students must submit a formal request for refund along with the necessary documents and follow the prescribed procedure for processing the refund.