Fee Structure Overview
The fee structure at Premier Polytechnic Institute Durgapur is designed to be transparent and affordable, ensuring that quality technical education remains accessible to students from diverse economic backgrounds. The fees are divided into several components, including tuition, hostel charges, mess fees, and other miscellaneous expenses.
Annual Fee Breakdown
| Component | Amount (INR) |
|---|---|
| Tuition Fees | 75,000 |
| Hostel Charges | 20,000 |
| Mess Charges | 10,000 |
| Medical Charges | 3,000 |
| Library Fees | 2,000 |
| Other Miscellaneous | 5,000 |
| Total Annual Fee | 115,000 |
Semester-wise Fee Structure
| Semester | Tuition Fees (INR) | Hostel Charges (INR) | Mess Charges (INR) | Total Semester Fee (INR) |
|---|---|---|---|---|
| First Semester | 75,000 | 20,000 | 10,000 | 105,000 |
| Second Semester | 75,000 | 20,000 | 10,000 | 105,000 |
| Third Semester | 75,000 | 20,000 | 10,000 | 105,000 |
| Fourth Semester | 75,000 | 20,000 | 10,000 | 105,000 |
| Fifth Semester | 75,000 | 20,000 | 10,000 | 105,000 |
| Sixth Semester | 75,000 | 20,000 | 10,000 | 105,000 |
Hostel & Mess Charges
The hostel facilities at Premier Polytechnic Institute Durgapur are designed to provide students with a comfortable and conducive living environment. The institute offers both single and double occupancy rooms, each equipped with basic amenities such as beds, study tables, wardrobes, and fans.
Hostel Accommodation
- Single Occupancy Room: INR 20,000 per annum
- Double Occupancy Room: INR 18,000 per annum
The rooms are maintained in a clean and hygienic condition, with regular maintenance checks conducted by the institute's staff.
Mess Charges
The mess facilities provide nutritious meals to students at reasonable rates. The monthly mess charges include:
- Breakfast: INR 150
- Lunch: INR 200
- Dinner: INR 200
- Total Monthly Mess Charges: INR 10,000
Return on Investment (ROI) Analysis
The return on investment for students at Premier Polytechnic Institute Durgapur is evident in the high placement rates and average packages offered to graduates. With an average package of INR 450,000 per annum and a highest package of INR 1,200,000, students can recover their investment within a few years of graduation.
ROI Calculation
Assuming a student pays the total annual fee of INR 115,000 for six years:
- Total Investment: INR 690,000
- Average Annual Package: INR 450,000
- ROI: Approximately 1.5 times the initial investment over five years
This ROI analysis shows that the institute offers excellent value for money, especially considering the quality of education and career outcomes.
Payment Options and Financial Assistance
The institute provides flexible payment options to help students manage their fees efficiently:
- Installment plans for tuition and other charges
- Financial aid for economically disadvantaged students
- Scholarships based on academic performance and extracurricular achievements
- Student loans and credit facility through partner banks
Additional Costs and Considerations
Beyond the core fees, students may incur additional expenses such as:
- Stationery and books (INR 5,000 per year)
- Transportation costs (varies by location)
- Personal expenses (clothing, entertainment, etc.)
- Extra-curricular activity fees
Discounts and Waivers
The institute offers various discounts and waivers to deserving students:
- Merit-based scholarships for top performers
- Sibling discount for students with siblings enrolled in the same institution
- Fee waiver for SC/ST/OBC students
- Disability-related accommodations and support
Financial Planning for Students
To help students manage their finances effectively, Premier Polytechnic Institute Durgapur provides:
- Budgeting workshops
- Financial literacy training
- Scholarship application guidance
- Internship and part-time job opportunities
Student Support Services
The institute's student support services include:
- Counseling for financial planning
- Assistance with loan applications
- Guidance on managing personal expenses
- Information about government schemes and subsidies