Fee Structure Overview
The fee structure for the MBA program at Pes University Bangalore is transparent and designed to accommodate diverse financial backgrounds. The total cost for the two-year program includes tuition fees, hostel charges, mess advance, and other miscellaneous expenses.
Itemized Fee Breakdown (Per Semester)
| Component | Amount (INR) |
|---|---|
| Tuition Fee | 700000 |
| Hostel Rent | 200000 |
| Mess Advance | 150000 |
| Student Benevolent Fund | 5000 |
| Medical Fees | 3000 |
| Gymkhana Fees | 2000 |
| Examination Fees | 5000 |
| Other Charges | 10000 |
Detailed Explanation of Components
- Tuition Fee: Covers the cost of instruction, academic resources, and access to facilities such as libraries, labs, and online databases.
- Hostel Rent: Includes accommodation in campus-hostels with shared amenities like Wi-Fi, laundry services, and 24/7 security.
- Mess Advance: Prepaid meal charges that cover daily meals during the semester period.
- Student Benevolent Fund: A fund dedicated to supporting students facing financial hardships or emergencies.
- Medical Fees: Covers basic medical services provided within the campus health center.
- Gymkhana Fees: Supports recreational activities, sports events, and wellness programs for students.
- Examination Fees: Covers examination registration, marking, and result processing costs.
- Other Charges: Includes administrative fees, library late charges, and incidentals related to student services.
Hostel & Mess Charges
The hostel accommodations at Pes University Bangalore are designed to provide a comfortable living environment for students. Hostels offer single, double, or triple occupancy rooms with modern amenities:
- Single Occupancy Room: ₹8000 per month including utilities and internet.
- Double Occupancy Room: ₹5000 per month shared between two students.
- Triple Occupancy Room: ₹3500 per month shared among three students.
Mess billing is based on a monthly advance system where students pay for meals in advance. The daily meal charges vary by room type:
- Single Occupancy: ₹400 per day
- Double Occupancy: ₹350 per day
- Triple Occupancy: ₹300 per day
Rebate policies are available for students who do not consume meals regularly or those who leave campus during certain periods. These rebates are processed monthly and reflected in the final bill.
Fee Waivers, Concessions, and Scholarships
Pes University Bangalore offers several financial aid options to eligible students:
- SC/ST/PwD Category: Students belonging to these categories receive full fee waivers based on verified documentation.
- EWS Category: Eligible students can avail partial fee concessions ranging from 25% to 50% depending on income slabs.
- MCM (Minority Community Member): Students from minority communities receive a 10% discount on tuition fees.
The application process for financial aid involves submitting required documents such as caste certificates, income proofs, and Aadhaar cards. Applications are reviewed by the financial aid committee, and approved students receive notifications via email and SMS.
Payment Procedures & Refund Policy
Payments must be made through online modes including net banking, credit/debit cards, or NEFT/RTGS transfers. The payment deadline is typically one week before the start of each semester.
Late payments attract a penalty fee of ₹500 per day. Refunds are processed according to university guidelines and include:
- Withdrawal Requests: Full refund minus administrative charges if requested within 10 days of admission.
- Academic Reasons: Partial refunds based on the number of semesters completed, with a minimum processing time of one month.
- Financial Hardship: Special consideration may be granted for students facing genuine financial difficulties.