Fee Structure for MBA Program at Nmv University Virudhunagar
The fee structure for the MBA program at Nmv University Virudhunagar is designed to provide value for money while ensuring access to high-quality education and amenities. The total cost of the program spans two years and includes tuition, hostel charges, mess fees, and other essential components.
| Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Student Benevolent Fund (INR) | Medical Fees (INR) | Gymkhana Fees (INR) | Examination Fees (INR) |
|---|---|---|---|---|---|---|---|
| I | 300,000 | 60,000 | 40,000 | 1,000 | 2,000 | 1,500 | 2,000 |
| II | 300,000 | 60,000 | 40,000 | 1,000 | 2,000 | 1,500 | 2,000 |
Fee Component Breakdown
Tuition Fee: This covers the cost of instruction, access to academic resources, and administrative services. It includes faculty salaries, curriculum development, and laboratory support.
Hostel Rent: Hostel accommodation is provided in shared rooms with basic amenities including bedding, furniture, Wi-Fi, and 24/7 security. The rent covers maintenance, utilities, and cleaning services.
Mess Advance: Students are required to pay an advance towards mess expenses for the entire semester. This ensures availability of meals and helps manage catering costs efficiently.
Student Benevolent Fund: A nominal fee contributes to student welfare initiatives, including scholarships, health support, and emergency assistance programs.
Medical Fees: Covers access to on-campus medical facilities, consultations, and basic healthcare services for students and their dependents.
Gymkhana Fees: Supports the maintenance of sports facilities, fitness centers, and recreational activities that promote physical well-being and teamwork among students.
Examination Fees: Covers administrative costs associated with conducting examinations, including question paper preparation, invigilation, and result processing.
Hostel & Mess Charges
The university provides hostel accommodation in three categories of rooms:
- Single Occupancy Room: Rs. 60,000 per semester with attached bathroom and Wi-Fi
- Double Occupancy Room: Rs. 50,000 per semester with shared bathroom facilities
- Triple Occupancy Room: Rs. 40,000 per semester with shared bathroom and common areas
Mess charges are calculated based on the number of meals provided daily, typically ranging from 15 to 20 meals per week. The billing system includes monthly adjustments for attendance and dietary preferences.
Fee Waivers, Concessions, and Scholarships
The university offers several financial aid options to support students from economically disadvantaged backgrounds:
- SC/ST/PwD Category: Eligible students receive a 100% fee waiver subject to verification of income certificates and other documentation.
- EWS Category: Students from EWS backgrounds are entitled to a 50% fee concession upon submission of valid income proof.
- MCM (Minority Community Member): A partial fee discount ranging from 20% to 30% is available for students belonging to minority communities.
The application process involves submitting an online form along with required documents such as caste certificates, income certificates, and Aadhaar cards. The selection committee reviews applications based on verified eligibility criteria.
Payment Procedures & Refund Policy
Payments must be made through net banking, debit/credit card, or NEFT transfer within the specified deadlines. Late payments incur a penalty of 5% per month.
The refund policy allows for partial refunds in case of withdrawal before the commencement of classes. Full refunds are granted only under exceptional circumstances approved by the administration.
Students can access their payment history through the university portal and receive electronic receipts for all transactions. Detailed records are maintained for audit purposes and transparency.