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Fee Structure for the Pharmacy Program at MGM University Aurangabad

The fee structure for the Pharmacy program at MGM University Aurangabad is designed to be transparent, reasonable, and aligned with the quality of education provided. The total fee for the program is INR 450,000, which is payable in four installments over the duration of the program. The fee structure includes tuition fees, hostel rent, mess charges, and other miscellaneous expenses. The university ensures that the fee structure is affordable for students from diverse economic backgrounds and provides various financial aid options to support students who require assistance.

Annual Fee Structure

The fee structure is designed to cover the costs associated with tuition, accommodation, meals, and other essential services provided by the university. The tuition fees cover the cost of instruction, laboratory access, and academic resources. The hostel rent provides accommodation for students, while the mess charges cover the cost of meals. The other fees cover administrative services, medical facilities, and extracurricular activities.

Fee Components Explained

Each component of the fee structure is designed to provide students with comprehensive support and services. The following sections explain each component in detail:

Tuition Fee

The tuition fee is the primary component of the fee structure and covers the cost of instruction, laboratory access, and academic resources. The tuition fee is designed to be reasonable and affordable, ensuring that students from diverse economic backgrounds can access quality education. The fee includes access to modern laboratories, libraries, and other academic resources that are essential for student success. The university also provides support services such as academic counseling, career guidance, and mentorship programs to ensure that students receive comprehensive support throughout their academic journey.

Hostel Rent

The hostel rent covers the cost of accommodation for students who choose to live on campus. The university provides comfortable and safe accommodation in well-maintained hostels with modern amenities. The hostel rooms are equipped with basic furniture, internet connectivity, and other essential facilities. The hostel rent is designed to be affordable and is subject to periodic adjustments based on inflation and other factors. The university also provides support services such as maintenance, cleaning, and security to ensure that students have a comfortable and safe living environment.

Mess Advance

The mess advance covers the cost of meals for students living on campus. The university provides a comprehensive meal plan that includes breakfast, lunch, and dinner. The mess charges are designed to be reasonable and affordable, ensuring that students can access nutritious meals without financial strain. The university also provides support services such as meal planning, dietary counseling, and special dietary arrangements to meet the needs of students with specific dietary requirements.

Student Benevolent Fund

The Student Benevolent Fund is a small fee that supports students who face financial difficulties or emergencies. The fund provides financial assistance to students who require support for medical emergencies, family crises, or other unforeseen circumstances. The fund is managed by the university's administration and is designed to provide timely and effective support to students in need.

Medical Fees

The medical fees cover the cost of basic medical services provided by the university's health center. The health center provides routine medical check-ups, vaccinations, and emergency medical care to students. The medical fees are designed to be affordable and are subject to periodic adjustments based on the cost of medical services and other factors.

Gymkhana Fees

The Gymkhana fees cover the cost of recreational and extracurricular activities provided by the university. The fees support the maintenance and operation of sports facilities, clubs, and other extracurricular activities. The university provides a wide range of recreational activities, including sports, cultural events, and academic clubs, to ensure that students have opportunities for holistic development.

Examination Fees

The examination fees cover the cost of conducting examinations, evaluating answer scripts, and providing result processing services. The fees are designed to be reasonable and are subject to periodic adjustments based on the cost of conducting examinations and other factors. The university ensures that examination services are conducted in a fair and transparent manner, with appropriate security measures to prevent malpractices.

Hostel & Mess Charges

The university provides comfortable and safe accommodation for students through its hostel facilities. The hostel rooms are designed to provide a comfortable living environment for students, with modern amenities and facilities. The hostel charges are designed to be affordable and are subject to periodic adjustments based on inflation and other factors.

Room Types

The university offers various room types to accommodate different student needs and preferences. The room types include single occupancy rooms, double occupancy rooms, and triple occupancy rooms. The single occupancy rooms are designed for students who prefer privacy and independence, while the double and triple occupancy rooms are designed for students who prefer shared accommodation. The rooms are equipped with basic furniture, internet connectivity, and other essential facilities.

Mess Billing System

The university's mess billing system is designed to be transparent and efficient. Students are provided with a monthly mess bill that includes the cost of meals for the month. The billing system is managed by the university's mess management team, which ensures that students receive accurate and timely billing. The mess charges are designed to be reasonable and affordable, ensuring that students can access nutritious meals without financial strain.

Rebate Policies

The university provides rebate policies for students who are unable to use the hostel or mess facilities due to specific reasons. The rebate policies are designed to be fair and equitable, ensuring that students who are unable to use the facilities are not penalized. The rebate policies are subject to periodic review and adjustment based on the university's policies and guidelines.

Fee Waivers, Concessions, and Scholarships

The university offers various fee waivers, concessions, and scholarships to support students who require financial assistance. The eligibility criteria and benefits for each category are as follows:

SC/ST/PwD

Students belonging to SC/ST or PwD categories are eligible for a 50% fee concession. The concession is applied to the total fee amount, reducing the amount payable by the student. The eligibility for this concession is determined based on the caste certificate or disability certificate issued by the competent authority.

EWS

Students belonging to EWS category are eligible for a 25% fee concession. The concession is applied to the total fee amount, reducing the amount payable by the student. The eligibility for this concession is determined based on the EWS certificate issued by the competent authority.

MCM

Students who are children of military personnel or those who have served in the armed forces are eligible for a 50% fee concession. The concession is applied to the total fee amount, reducing the amount payable by the student. The eligibility for this concession is determined based on the certificate issued by the competent authority.

The application process for fee waivers, concessions, and scholarships is simple and straightforward. Students are required to submit the necessary documents and forms to the university's financial aid office. The application process is designed to be accessible and equitable, ensuring that students who are eligible for assistance can apply without difficulty.

Payment Procedures & Refund Policy

The university has a well-defined payment procedure and refund policy to ensure that students can make payments smoothly and that refunds are processed in a timely manner. The payment procedure is designed to be convenient and secure, with multiple payment options available to students.

Payment Deadlines

Students are required to make payments by the specified deadlines to avoid late fees and penalties. The payment deadlines are typically set at the beginning of each semester, and students are notified in advance of the deadlines. The university provides a grace period of 15 days for late payments, during which students can make payments without incurring additional fees.

Late Fee Calculations

Students who fail to make payments by the specified deadlines are subject to late fees. The late fees are calculated at 2% per month on the outstanding amount. The late fees are designed to encourage timely payments and ensure that the university can manage its finances effectively.

Refund Rules

The university has a clear refund policy that outlines the conditions under which refunds are granted. Refunds are granted in cases of withdrawal from the program, transfer to another institution, or other exceptional circumstances. The refund process is designed to be transparent and fair, with clear guidelines and procedures for students to follow. The university ensures that refunds are processed in a timely manner, with a maximum processing time of 30 days from the date of application.