Fee Structure
The fee structure for the Bachelor of Commerce program at NRI Degree College West Godavari is designed to be transparent and affordable, with a comprehensive breakdown of all components. The total fee for the program is approximately 150,000 INR for the entire duration, with payments due on a semester-wise basis.
| Fee Component | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 80000 | Per Semester |
| Hostel Rent | 20000 | Per Semester |
| Mess Advance | 10000 | Per Semester |
| Student Benevolent Fund | 1000 | Per Semester |
| Medical Fees | 1000 | Per Semester |
| Gymkhana Fees | 500 | Per Semester |
| Examination Fees | 2000 | Per Semester |
| Other Charges | 5000 | Per Semester |
| Total | 120000 | Per Semester |
Fee Components Explained
Tuition Fee: The tuition fee covers the cost of instruction, academic resources, and access to the college's facilities. It includes access to libraries, laboratories, and online resources. The fee is subject to annual revision based on inflation and the college's budget.
Hostel Rent: The hostel rent covers accommodation in the college's residential facilities. The hostel offers single, double, and triple occupancy rooms with basic amenities. The rent is inclusive of utilities such as electricity, water, and internet.
Mess Advance: The mess advance is a prepayment for meals during the semester. The mess provides three meals a day, with options for vegetarian and non-vegetarian food. The advance is adjusted at the end of the semester based on the actual consumption.
Student Benevolent Fund: This fund supports students who face financial difficulties or emergencies. Contributions are voluntary and are used to provide financial assistance to deserving students.
Medical Fees: The medical fees cover access to the college's medical facilities and basic healthcare services. Students are provided with a medical card that grants access to the college's health center.
Gymkhana Fees: This fee supports the college's sports and recreational activities. It includes access to the gym, sports facilities, and participation in college events and competitions.
Examination Fees: The examination fees cover the cost of conducting examinations, including the preparation of question papers, evaluation, and result declaration.
Other Charges: These charges include administrative fees, library fees, and any additional costs associated with the program. They are subject to change based on the college's needs and policies.
Hostel & Mess Charges
The college offers hostel facilities for students from all over the country. The hostels are well-maintained and provide a comfortable living environment for students. The hostel rooms are available in single, double, and triple occupancy options, with basic amenities such as beds, study tables, and wardrobes.
The mess charges are designed to provide nutritious meals to students. The mess operates on a prepaid system, where students pay an advance for the semester. The meals are served three times a day, with options for both vegetarian and non-vegetarian food. The mess also provides a variety of snacks and beverages.
Rebate policies are in place for students who are absent from the hostel for a specific period. The rebate is calculated based on the number of days of absence and is adjusted in the final bill. Students are also provided with a hostel pass that allows them to access the campus facilities.
Fee Waivers, Concessions, and Scholarships
The college offers various fee waivers, concessions, and scholarships to deserving students. The eligibility criteria for these financial aids are based on the student's academic performance, family income, and other factors.
SC/ST/PwD Concession: Students belonging to SC/ST or PwD categories are eligible for a 50% concession on tuition fees. The concession is subject to the submission of valid certificates and proof of income.
EWS Concession: Students from the Economically Weaker Sections (EWS) category are eligible for a 25% concession on tuition fees. The concession is based on the family income and other eligibility criteria.
MCM Concession: Students from minority communities are eligible for a 10% concession on tuition fees. The concession is subject to the submission of valid certificates and proof of income.
The application process for these financial aids is straightforward and can be completed online. Students are required to submit the necessary documents and fill out the application form. The college reviews the applications and disburses the financial aid based on the eligibility criteria.
Payment Procedures & Refund Policy
The payment of fees is done through the college's online portal, where students can make payments using various modes such as credit card, debit card, net banking, and UPI. The payment deadline is usually one week before the start of the semester, and late payments are subject to a late fee of 500 INR per day.
In case of withdrawal from the program, the refund policy is as follows:
- Full refund is given if the student withdraws before the start of the semester.
- Refund of 75% is given if the student withdraws within the first month of the semester.
- Refund of 50% is given if the student withdraws after the first month but before the end of the second month.
- No refund is given if the student withdraws after the end of the second month.
The refund is processed within 30 days of the withdrawal and is credited to the student's bank account. Students are required to submit a withdrawal form and all necessary documents for the refund process.