Fee Structure Overview
The fee structure for the Masters Of Commerce program at NRI Degree College West Godavari is designed to be transparent and affordable. The total cost of the program is divided into multiple components, each with its own breakdown and payment schedule.
| Fee Component | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 120000 | Per Semester |
| Hostel Rent | 20000 | Per Semester |
| Mess Advance | 10000 | Per Semester |
| Student Benevolent Fund | 2000 | Per Semester |
| Medical Fees | 1000 | Per Semester |
| Gymkhana Fees | 500 | Per Semester |
| Examination Fees | 2000 | Per Semester |
| Other Charges | 5000 | Per Semester |
| Total | 160500 | Per Semester |
Breakdown of Fee Components
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, and faculty salaries. It is the largest component of the fee structure and reflects the quality of education provided by the college. The fee is updated annually based on the cost of living and academic enhancements.
Hostel Rent
The hostel rent covers accommodation and basic amenities for students. The college provides well-furnished hostels with modern facilities, including Wi-Fi, laundry services, and 24/7 security. The rent is inclusive of basic utilities and maintenance.
Mess Advance
The mess advance is a pre-paid amount for food services. It covers the cost of meals provided in the college mess. The advance is adjusted at the end of the semester based on actual consumption.
Student Benevolent Fund
The student benevolent fund is a small fee collected to support students in need. It provides financial assistance to students facing unforeseen circumstances, ensuring that no student is deprived of education due to financial constraints.
Medical Fees
The medical fees cover the cost of medical services provided by the college's health center. Students have access to basic medical care, including consultations, vaccinations, and emergency services.
Gymkhana Fees
The gymkhana fees support the maintenance of sports facilities and recreational activities. The college offers a range of sports facilities, including gymnasiums, courts, and recreational areas.
Examination Fees
The examination fees cover the cost of conducting examinations, including question paper preparation, invigilation, and result processing. These fees ensure that examinations are conducted efficiently and fairly.
Other Charges
Other charges include miscellaneous fees such as library fees, laboratory fees, and administrative costs. These fees support the overall functioning of the college and ensure a high-quality educational experience.
Hostel & Mess Charges
The hostel facilities at NRI Degree College West Godavari are designed to provide a comfortable and conducive environment for students. The college offers different types of rooms, including single, double, and triple occupancy options.
The hostel charges vary based on the room type and amenities. The college provides a range of amenities, including Wi-Fi, laundry services, and 24/7 security. The hostel charges are inclusive of basic utilities and maintenance.
The mess billing system is designed to be transparent and efficient. Students are required to pay a mess advance at the beginning of the semester, which is adjusted at the end of the semester based on actual consumption. The mess provides a variety of food options, including vegetarian and non-vegetarian meals.
Fee Waivers, Concessions, and Scholarships
The college offers various fee waivers, concessions, and scholarships to support students from different backgrounds. The eligibility criteria for these financial aids are as follows:
SC/ST/PwD Concessions
Students belonging to SC/ST and PwD categories are eligible for a 50% concession in tuition fees. The concession is applied automatically upon submission of the necessary documents.
EWS Concession
Students from EWS (Economically Weaker Sections) are eligible for a 25% concession in tuition fees. The concession is applied based on the income certificate provided by the government.
MCM Concession
Children of military personnel and government employees are eligible for a 10% concession in tuition fees. The concession is applied upon submission of the necessary documentation.
Scholarships
The college offers merit-based scholarships to top-performing students. The scholarship amount varies based on the student's performance and is awarded annually. Students must maintain a minimum CGPA of 8.0 to be eligible for the scholarship.
Payment Procedures & Refund Policy
The payment procedures for the fee structure are designed to be convenient and secure. Students can make payments through online banking, net banking, or through the college's payment gateway. The college also accepts payments through demand drafts and cheques.
The payment deadlines are strictly enforced, and late payments attract a penalty. The late fee is calculated at 1% per month on the outstanding amount. Students are advised to make payments before the deadline to avoid any inconvenience.
The refund policy is designed to be fair and transparent. Refunds are processed in accordance with the college's guidelines and are subject to approval by the finance department. Students must submit a refund application along with the necessary documents to initiate the refund process.