Fee Structure Overview
The fee structure for the Engineering program at Prestige University Indore is designed to be transparent and affordable, with provisions for financial assistance through various scholarship and concession schemes. The total program cost is spread over four academic years with semester-wise breakdown of charges.
Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Student Benevolent Fund (INR) | Medical Fees (INR) | Gymkhana Fees (INR) | Examination Fees (INR) | Total Fee (INR) |
---|---|---|---|---|---|---|---|---|
Semester 1 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 2 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 3 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 4 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 5 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 6 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 7 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Semester 8 | 3,00,000 | 1,50,000 | 30,000 | 2,000 | 1,500 | 1,000 | 2,000 | 4,86,500 |
Total (4 Years) | 24,00,000 | 12,00,000 | 2,40,000 | 16,000 | 12,000 | 8,000 | 16,000 | 38,92,500 |
Detailed Fee Components
Each component of the fee structure serves a specific purpose in providing quality education and campus services to students:
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, laboratory facilities, and access to university libraries and digital resources. It is one of the largest components of the total fees and reflects the high-quality education provided by our faculty members.
Hostel Rent
Hostel accommodation is provided in comfortable rooms with modern amenities including Wi-Fi connectivity, study spaces, and recreational facilities. The hostel rent covers maintenance, utilities, and security services to ensure a safe and conducive living environment for students.
Mess Advance
The mess advance is a prepayment for food services during the semester period. It includes meals for all days of the week with a variety of vegetarian and non-vegetarian options available to cater to diverse dietary preferences.
Student Benevolent Fund
This fund supports students facing financial difficulties or emergencies by providing assistance for medical expenses, family emergencies, or other unforeseen circumstances. Contributions are voluntary but essential for maintaining student welfare.
Medical Fees
Medical fees cover access to campus health services including consultations with qualified doctors, emergency care, and preventive health programs. The university maintains a well-equipped medical center staffed by professional healthcare providers.
Gymkhana Fees
The gymkhana fees provide access to recreational facilities including sports grounds, gymnasiums, and cultural centers. These facilities promote physical fitness and holistic development among students.
Examination Fees
Examination fees cover the costs associated with conducting end-of-semester examinations, evaluation processes, and result compilation. These fees ensure that quality assessment practices are maintained throughout the academic year.
Hostel & Mess Charges
Prestige University Indore offers various hostel accommodation options to suit different student preferences and budgets:
Room Types
- Single Occupancy Room: 12,000 INR per semester with private bathroom facilities
- Double Occupancy Room: 9,000 INR per semester with shared bathroom facilities
- Triple Occupancy Room: 7,000 INR per semester with shared bathroom facilities
- Four Occupancy Room: 5,000 INR per semester with shared bathroom facilities
Mess Billing System
The mess billing system operates on a monthly basis with advance payments required for each month. The standard meal plan includes breakfast, lunch, and dinner with options for additional snacks or special dietary requirements.
Rebate Policies
Students can avail of various rebate policies based on attendance and academic performance:
- Attendance Rebate: 10% rebate for students with 90% attendance
- Academic Performance Rebate: 15% rebate for students with CGPA above 8.5
- Disability Rebate: 25% rebate for PwD students
Fee Waivers, Concessions, and Scholarships
The university provides multiple financial assistance schemes to ensure that quality education is accessible to all deserving students:
Scholarship Categories
- SC/ST/PwD Category: 100% fee waiver for students from these categories
- EWS Category: 50% fee concession for students from economically weaker sections
- MCM (Minority Community Students): 25% fee concession for minority community students
Eligibility Criteria
The eligibility criteria for various financial assistance schemes are as follows:
- Income Slab for EWS: Annual family income below 8 lakhs
- Income Slab for MCM: Annual family income below 12 lakhs
- SC/ST/PwD: Students must belong to the specified categories with valid certificates
Application Process
Students interested in availing financial assistance must submit applications through the university's online portal along with supporting documents including income certificates, caste certificates, and other relevant paperwork.
Payment Procedures & Refund Policy
The payment procedures are designed to be convenient for students and their families:
Payment Deadlines
- Semester Payment Deadline: 15th of each month for semester fees
- Advance Payment Deadline: 30 days before the start of each semester
Late Fee Calculation
Late fees are calculated at 2% per month on unpaid balances after the deadline. However, students with valid reasons can apply for fee concessions through the university's financial aid office.
Refund Policy
The refund policy is designed to provide fair compensation in case of withdrawal or transfer:
- Withdrawal Before Admission: 100% refund minus processing fees
- Withdrawal After Admission: 80% refund for withdrawal within first month
- Withdrawal After First Month: 60% refund with additional deductions
All refund requests must be submitted in writing along with supporting documents and are processed within 30 days of submission.