Fee Structure Overview
The fee structure for the Diploma Studies program at Parul Institute of Engineering and Technology is designed to provide quality education while ensuring accessibility. The total cost covers tuition, hostel, mess, medical, and other institutional charges.
| Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Charges (INR) | Total Fee (INR) |
|---|---|---|---|---|---|---|
| Semester 1 | 70,000 | 25,000 | 15,000 | 2,000 | 5,000 | 117,000 |
| Semester 2 | 70,000 | 25,000 | 15,000 | 2,000 | 5,000 | 117,000 |
| Semester 3 | 70,000 | 25,000 | 15,000 | 2,000 | 5,000 | 117,000 |
| Semester 4 | 70,000 | 25,000 | 15,000 | 2,000 | 5,000 | 117,000 |
| Semester 5 | 70,000 | 25,000 | 15,000 | 2,000 | 5,000 | 117,000 |
| Semester 6 | 70,000 | 25,000 | 15,000 | 2,000 | 5,000 | 117,000 |
Hostel & Mess Charges
The hostel facility at Parul Institute of Engineering and Technology is designed to provide a comfortable living environment for students:
Hostel Facilities
Students residing in the institute's hostel facilities benefit from well-maintained rooms, common areas, security systems, and 24/7 services. The hostel charges are inclusive of utilities such as electricity, water, internet, and maintenance.
- Room Type: Single occupancy, Double occupancy, Triple occupancy
- Monthly Charges: ₹15,000 - ₹25,000 per month depending on room type
- Additional Services: Laundry, cleaning, security, and maintenance included in charges
Mess Facilities
The mess facility offers nutritious meals at reasonable rates. The menu includes a variety of dishes to cater to different dietary preferences:
- Daily Meals: Breakfast, Lunch, Dinner (Three meals per day)
- Monthly Charges: ₹15,000 - ₹20,000 per month depending on meal plan
- Catering Services: Hygienic food preparation, regular menu updates, and dietary accommodation for special requirements
Return on Investment (ROI) Analysis
The ROI analysis for the Diploma Studies program at Parul Institute of Engineering and Technology demonstrates a strong financial return based on the average placement package:
Investment Details
- Total Fee Over 6 Semesters: ₹702,000
- Average Placement Package: ₹350,000
- ROI Calculation: (350,000 - 702,000) / 702,000 = -0.501 or -50.1%
While the initial investment may seem high, the ROI improves significantly considering factors such as career growth, skill development, and industry recognition:
Enhanced ROI Factors
- Long-term Career Growth: Graduates often see salary increases over time, enhancing the overall return on investment.
- Industry Recognition: The program's reputation and industry connections lead to better job opportunities and higher compensation packages.
- Entrepreneurship Opportunities: Students with entrepreneurial skills can create value through startups, increasing their financial returns.
- Higher Education Pathways: Graduates who pursue further education can access higher-paying roles in academia or research.