Fee Structure
O P Jindal University Raigarh provides transparent and comprehensive fee structures for the MBA program, ensuring affordability and value for money. The total cost covers tuition, accommodation, meals, and other essential services.
Annual Fee Breakdown
Component | Semester 1 (INR) | Semester 2 (INR) | Semester 3 (INR) | Semester 4 (INR) |
---|---|---|---|---|
Tuition Fee | 600000 | 600000 | 600000 | 600000 |
Hostel Rent | 80000 | 80000 | 80000 | 80000 |
Mess Advance | 20000 | 20000 | 20000 | 20000 |
Student Benevolent Fund | 5000 | 5000 | 5000 | 5000 |
Medical Fees | 3000 | 3000 | 3000 | 3000 |
Gymkhana Fees | 2000 | 2000 | 2000 | 2000 |
Examination Fees | 3000 | 3000 | 3000 | 3000 |
Total Per Semester | 713000 | 713000 | 713000 | 713000 |
Fee Components Explained
Tuition Fee
The tuition fee covers instruction, access to academic resources, and administrative support. It is fixed per semester and includes all core courses, laboratory sessions, and workshops.
Hostel Rent
Students are housed in comfortable hostels with modern amenities. Hostel rent varies by room type and includes utilities such as electricity, water, internet, and maintenance services.
Mess Advance
Mess advance covers meal expenses for the semester. Students can opt for different mess plans based on dietary preferences and consumption patterns.
Student Benevolent Fund
This fund supports students facing financial difficulties or emergencies. Contributions are voluntary but encouraged to build a supportive community environment.
Medical Fees
Medical fees cover access to on-campus health services, including consultations, vaccinations, and basic treatments. Students also receive insurance coverage for major medical procedures.
Gymkhana Fees
These fees support recreational activities, sports facilities, and cultural events on campus. They promote physical fitness and social interaction among students.
Examination Fees
Examination fees cover administrative costs associated with conducting semester-end exams, including proctoring, grading, and result processing.
Hostel & Mess Charges
Room Types
The university offers several room types to accommodate diverse preferences:
- Semi-Deluxe Rooms: Shared bathrooms, AC units, study desks, and wardrobes. Suitable for two students.
- Deluxe Rooms: Private bathrooms, AC units, personal study desks, and wardrobes. Accommodates one student.
- Premium Rooms: Spacious layout with private balconies, premium furniture, and additional amenities. Available for single occupancy.
Mess Billing System
The mess system operates on a monthly billing cycle, with meals charged per day. Students can choose between standard and premium meal plans based on their preferences and budget constraints.
Rebate Policies
Students may receive rebates under certain circumstances:
- Leave Re-bate: Full rebate during authorized leaves or holidays.
- Medical Re-bate: Partial or full rebate in case of prolonged illness with medical certificates.
- Academic Re-bate: Reduced charges for students participating in national-level competitions or research projects.
Fee Waivers, Concessions, and Scholarships
O P Jindal University Raigarh recognizes the importance of financial support for deserving students. A comprehensive scholarship program ensures that academic excellence is rewarded regardless of economic background.
Scholarship Categories
- Merit-Based Scholarships: Awarded to top-performing students based on academic achievements and entrance scores.
- Need-Based Scholarships: Provided to students from economically disadvantaged families, considering income slabs and family size.
- Category-wise Concessions: Reduced fees for SC/ST/PwD, EWS, and MCM categories as per government guidelines.
Eligibility Criteria
The eligibility criteria for various financial aid options are outlined below:
- Merit-Based Scholarships: Minimum 80% in qualifying exam and top percentile in entrance examination.
- Need-Based Scholarships: Annual family income less than INR 4 lakhs for general category and less than INR 2 lakhs for SC/ST/PwD.
- Category-wise Concessions: Valid identity certificates from respective categories as per central government norms.
Application Process
Students interested in financial assistance must submit applications along with supporting documents through the university portal. The process includes document verification, interview rounds (for need-based scholarships), and merit evaluation.
Payment Procedures & Refund Policy
Payment Deadlines
All fees must be paid within 15 days of admission or semester commencement. Late payments attract penalties as per university policy.
Late Fee Calculations
- Up to 7 Days: INR 1000 per day
- 8-15 Days: INR 2000 per day
- Over 15 Days: Additional administrative charges apply
Refund Rules
Refunds are processed according to university regulations:
- Withdrawal Before Start of Semester: Full refund minus processing fee
- Withdrawal Within First Month: Refund after deducting one month's fees
- Withdrawal After First Month: No refund for fees already incurred
The refund process typically takes 30 working days from the date of application submission.