Itemized Fee Structure for NIST University Ganjam
The fee structure at NIST University Ganjam is designed to provide value for money while ensuring high-quality education and facilities. The university offers transparent pricing with minimal hidden charges, making it easy for students and parents to plan financially.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Charges (INR) | Total Fees (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 2 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 3 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 4 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 5 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 6 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 7 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
| Semester 8 | 85,000 | 45,000 | 15,000 | 2,000 | 3,000 | 150,000 |
The total annual fee for the program is Rs. 300,000, which includes all components except optional charges such as late fees or administrative fees. Students are encouraged to pay in full if possible, though installment plans are available upon request.
Hostel & Mess Charges
NIST University Ganjam provides comfortable and secure accommodation for students through its hostel facilities. The hostel charges are structured to be affordable while maintaining high standards of hygiene, safety, and comfort.
Hostel Facilities
- Room Type: 2-sharing and 3-sharing rooms with attached bathrooms
- Facilities: Air conditioning, internet connectivity, laundry services, study rooms, and recreational areas
- Security: 24/7 security guards, CCTV surveillance, and biometric access control systems
- Location: Located within the campus premises for easy access to classrooms and laboratories
The hostel charges are Rs. 45,000 per semester, covering accommodation, utilities, and basic amenities. Additional services like room service or extra bedding may incur extra fees.
Mess Charges
The mess facilities at NIST University Ganjam provide nutritious meals to students throughout the day. The mess charges are Rs. 15,000 per semester, covering breakfast, lunch, and dinner for 365 days a year.
- Meal Plan: Three meals per day with vegetarian and non-vegetarian options
- Nutrition: Balanced diet plans designed by registered nutritionists
- Catering: Hygienic and well-maintained mess premises
- Pricing: Includes all meals, with no additional charges for special dietary requirements
Students can customize their meal preferences based on dietary restrictions or cultural requirements, ensuring that everyone gets a satisfying dining experience.
Return on Investment (ROI) Analysis
The ROI analysis for NIST University Ganjam's engineering programs is based on the total investment required over four years and the average placement package received by graduates. This analysis helps students understand the value they receive from their education.
The total cost of education over four years is calculated as follows:
- Total Tuition Fee: Rs. 680,000
- Total Hostel Fee: Rs. 360,000
- Total Mess Fee: Rs. 120,000
- Total Medical Fee: Rs. 16,000
- Total Other Charges: Rs. 24,000
Therefore, the total investment is Rs. 1,200,000 over four years.
Based on recent placement data, the average starting package for graduates is Rs. 650,000 per annum. Over a period of four years, this amounts to Rs. 2,600,000 in total earnings.
Thus, the ROI is calculated as:
(Total Earnings - Total Investment) / Total Investment * 100
(2,600,000 - 1,200,000) / 1,200,000 * 100 = 116.67%
This ROI indicates that students who graduate from NIST University Ganjam can expect a significant return on their investment within the first four years of employment.