Comprehensive Fee Structure for Education Program at Prestige University Indore
The fee structure for the Education program at Prestige University Indore is designed to provide high-quality education while ensuring accessibility for students from diverse economic backgrounds. The total cost covers tuition, accommodation, meals, and other essential services required during the four-year program.
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 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 2 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 3 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 4 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 5 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 6 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 7 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Semester 8 | 300000 | 60000 | 30000 | 2000 | 5000 | 2000 | 1000 | 400000 |
Detailed Fee Components Explanation
The total fee structure for the Education program is divided into several components that collectively ensure a comprehensive educational experience:
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, library services, and access to laboratory facilities. This component represents the largest portion of the total fees and reflects the quality of education provided by Prestige University Indore.
Hostel Rent
Hostel rent covers accommodation for students living on campus. The university provides well-maintained residential facilities with modern amenities to ensure a comfortable learning environment.
Mess Advance
The mess advance covers the cost of meals provided by the university's catering services. Students are required to pay an advance amount that is adjusted against their actual meal consumption throughout the semester.
Student Benevolent Fund
This fund supports students facing financial hardships and provides emergency assistance for medical emergencies, family crises, or other urgent situations.
Medical Fees
The medical fees cover basic healthcare services provided by the university's medical center. Students have access to routine check-ups, emergency care, and preventive health programs.
Gymkhana Fees
This fee supports the university's sports and recreational activities, including gym facilities, sports equipment maintenance, and athletic events.
Examination Fees
The examination fees cover costs associated with conducting end-of-semester examinations, including question paper preparation, invigilation, and result processing.
Hostel & Mess Charges
The university provides various hostel accommodation options to cater to different preferences and needs of students:
Room Types
- Single Occupancy Room: 20,000 INR per semester
- Double Occupancy Room: 15,000 INR per semester
- Triple Occupancy Room: 12,000 INR per semester
- Four Occupancy Room: 10,000 INR per semester
Mess Billing System
The university's mess billing system is designed to provide flexibility and convenience for students. The monthly mess charges are adjusted based on actual consumption, ensuring fair billing practices.
Students can choose from various meal plans including vegetarian, non-vegetarian, and hybrid options. The billing system allows for online payment through the university portal with options for partial payments.
Rebate Policies
Students who are absent for more than 3 consecutive days due to medical reasons or other valid causes may be eligible for rebates on hostel rent and mess charges. The rebate policy is subject to verification by the hostel authority and approval from the administrative office.
Fee Waivers, Concessions, and Scholarships
The university offers various financial assistance programs to support students from economically disadvantaged backgrounds:
Eligibility Criteria for Scholarships
- SC/ST/PwD Category: Income up to 200,000 INR per annum
- EWS Category: Income up to 300,000 INR per annum
- MCM (Meritorious Children of Meritorious Parents): Income up to 400,000 INR per annum
Scholarship Benefits
Students who qualify for scholarships receive partial or full fee waivers based on their category and academic performance. The scholarship amount varies from 50% to 100% of the total fees.
Application Process
Students must submit applications along with supporting documents including income certificates, caste certificates (if applicable), and academic records. The application process typically begins in the first week of the academic year and is conducted online through the university portal.
Payment Procedures & Refund Policy
The payment procedures for fees are designed to be transparent and convenient:
Payment Deadlines
Students must complete fee payment within 15 days of admission or semester commencement. Late payments attract a penalty of 2% per month on the outstanding amount.
Late Fee Calculations
Late fees are calculated based on the number of days beyond the deadline:
- 1-15 days: 2% penalty
- 16-30 days: 4% penalty
- 31+ days: 6% penalty
Refund Policy
The university has a clear refund policy for students who withdraw from the program:
- Withdrawal before 15 days of commencement: 100% refund
- Withdrawal between 15-30 days: 80% refund
- Withdrawal after 30 days: 50% refund
The refund process involves submission of a written application with supporting documents and approval from the administrative authorities. Refunds are processed within 30 working days of application approval.