Fee Structure Overview
The total fee for the Management program at Nist University Ganjam is approximately Rs. 12,00,000 for the entire duration of four years. This comprehensive fee structure includes tuition fees, hostel charges, mess fees, and other miscellaneous expenses.
| Component | Semester-wise Breakdown (INR) |
|---|---|
| Tuition Fee | 250000 per semester |
| Hostel Rent | 40000 per semester |
| Mess Advance | 30000 per semester |
| Student Benevolent Fund | 5000 per semester |
| Medical Fees | 3000 per semester |
| Gymkhana Fees | 2000 per semester |
| Examination Fees | 2500 per semester |
| Other Charges | 10000 per semester |
| Total | 340000 per semester |
Detailed Fee Components
Tuition Fee: The tuition fee covers access to all academic resources, including textbooks, laboratory materials, and digital libraries. It also includes access to online learning platforms and research databases.
Hostel Rent: Accommodation is provided in well-furnished hostels with modern amenities such as Wi-Fi, laundry services, study rooms, and recreational facilities.
Mess Advance: Students are required to pay a monthly advance for meals. The mess operates on a daily billing system where students can choose their preferred meal options.
Student Benevolent Fund: This fund supports students in need of financial assistance due to unforeseen circumstances or medical emergencies.
Medical Fees: Covers basic healthcare services provided by the university's medical center, including consultations and routine check-ups.
Gymkhana Fees: Supports sports and extracurricular activities organized by the student gymkhana committee.
Examination Fees: Covers administrative costs associated with conducting examinations and maintaining academic records.
Other Charges: Includes charges for library access, event organization, and other miscellaneous services.
Hostel & Mess Charges
The hostel facilities at Nist University Ganjam are designed to provide a comfortable living environment for students. Hostels offer various room types:
- Single Room: Equipped with a bed, study table, and wardrobe.
- Double Room: Shared by two students with similar amenities as single rooms.
- Triple Room: Shared by three students with additional space for common areas.
The mess billing system is transparent and based on daily consumption. Students can choose their preferred meal plans, and the billing is done weekly or monthly depending on the preference.
Rebate policies are available for students who take leaves or are absent from the campus for a certain period. These rebates are calculated based on the number of days of absence and can be applied to hostel rent and mess charges.
Fee Waivers, Concessions, and Scholarships
The university offers several financial assistance options for students from economically disadvantaged backgrounds:
- SC/ST/PwD Category: Eligible students can receive up to 100% waiver on tuition fees.
- EWS Category: Students in this category are eligible for a 50% waiver on tuition fees.
- MCM (Minority Community Member): A 25% concession is available for students from minority communities.
The eligibility criteria for these concessions include income slabs, caste certificates, and other supporting documents. Applications must be submitted before the start of the academic year along with required documentation.
Payment Procedures & Refund Policy
All fees must be paid online through the university portal or via NEFT/RTGS transfers to the designated account. Payment deadlines are strictly enforced, and late payments incur a penalty of Rs. 1000 per day.
In case of withdrawal from the program, refunds are processed according to the following policy:
- Withdrawal within the first week: Full refund minus administrative charges.
- Withdrawal between the first and fourth week: 75% refund minus administrative charges.
- Withdrawal after the fourth week: No refund is provided.
Refunds are processed within 30 days of submission of the withdrawal application, subject to verification of documents and financial clearance.