Fee Structure Overview
The Strategic Leadership program at Prayaga Institute of Management Studies offers a comprehensive fee structure that covers tuition, accommodation, meals, and other essential services. The total cost for the entire 4-year program is approximately ₹800,000, inclusive of all fees and charges.
Annual Fee Breakdown
| Component | Amount (INR) |
|---|---|
| Tuition Fee (Per Semester) | 200,000 |
| Hostel Rent (Per Semester) | 40,000 |
| Mess Advance (Per Semester) | 30,000 |
| Student Benevolent Fund (One-Time) | 5,000 |
| Medical Fees (Per Semester) | 3,000 |
| Gymkhana Fees (Per Semester) | 2,000 |
| Examination Fees (Per Semester) | 1,500 |
| Total Per Semester | 281,500 |
| Total For 4 Years | 1,126,000 |
Fee Components Explained
Tuition Fee
The tuition fee covers access to all academic resources, including lectures, seminars, laboratory sessions, and digital libraries. It also includes course materials, software licenses, and online platforms necessary for effective learning.
Hostel Rent
Hostel accommodation is provided in modern, well-equipped rooms with shared facilities such as common areas, study halls, Wi-Fi connectivity, and security systems. The rent covers room maintenance, utilities, and basic amenities.
Mess Advance
The mess advance ensures that students have access to nutritious meals throughout the academic year. It covers breakfast, lunch, and dinner for all days of the week, with options for vegetarian and non-vegetarian meals based on dietary preferences.
Student Benevolent Fund
This one-time fee supports student welfare activities, including scholarships, emergency assistance, cultural events, and extracurricular programs. Contributions are used to enhance the overall campus experience and promote student well-being.
Medical Fees
The medical fee covers access to on-campus health services, including consultations with doctors, diagnostic tests, medications, and preventive care programs. Students are also provided with basic health insurance coverage for emergencies.
Gymkhana Fees
This fee supports the maintenance of sports facilities, fitness equipment, recreational activities, and organized sports events. It enables students to participate in physical activities and maintain a healthy lifestyle during their studies.
Examination Fees
The examination fee covers administrative costs associated with conducting assessments, grading papers, issuing certificates, and managing results processing. It ensures quality evaluation standards and timely feedback to students.
Hostel & Mess Charges
Room Types
The institute offers various room types to accommodate different preferences and budgets:
- Single Occupancy Room: ₹20,000 per semester
- Double Occupancy Room: ₹18,000 per semester
- Triple Occupancy Room: ₹16,000 per semester
- Four Occupancy Room: ₹14,000 per semester
Mess Billing System
The mess billing system operates on a monthly basis, with charges based on the number of meals consumed. Students can choose between standard and premium meal plans, each offering different levels of nutrition and variety. The system allows for online payment and real-time tracking of consumption.
Rebate Policies
Students who live off-campus or are exempted from hostel stay due to specific reasons may apply for rebates on hostel rent and mess charges. Applications must be submitted before the start of each semester and approved by the administration based on documentation provided.
Fee Waivers, Concessions, and Scholarships
The institute offers various financial aid options to support deserving students:
Scholarship Categories
- SC/ST/PwD Category: Full fee waiver for eligible candidates based on income slabs below ₹2 lakh per annum.
- EWS Category: 50% concession on tuition fees for families with annual income between ₹2 lakh and ₹8 lakh.
- MCM (Meritorious Children of Migrant Workers): Full fee waiver for students from migrant worker families with annual income below ₹2 lakh.
Eligibility Criteria
Students must meet the following criteria to qualify for scholarships:
- Must be enrolled in the Strategic Leadership program at Prayaga Institute of Management Studies.
- Must maintain a minimum CGPA of 7.0 throughout their academic journey.
- Must not have defaulted on previous financial obligations.
- Must submit valid income certificates and other supporting documents.
Application Process
Applications for scholarships must be submitted online through the institute portal during the designated period. Required documents include income certificates, caste certificates (if applicable), and academic transcripts. Selection is based on merit and financial need after verification of all details.
Payment Procedures & Refund Policy
Payment Deadlines
Fees must be paid by the specified deadlines to avoid late fees and ensure continued enrollment. Payments can be made through online banking, credit/debit cards, or demand drafts issued in favor of the institute.
Late Fee Calculations
A late fee of ₹1000 per day is applicable for payments made after the deadline. Students are advised to pay fees promptly to avoid any disruption in their academic schedule.
Refund Rules
In case of withdrawal or transfer from the institute, refund policies apply as follows:
- Full refund is available if withdrawal occurs within 30 days of admission.
- 75% refund is applicable for withdrawals between 31 and 90 days of admission.
- 50% refund is granted for withdrawals after 90 days but before completion of the first semester.
- No refund is provided after the completion of the first semester unless under exceptional circumstances.