Comprehensive Fee Structure for MBA Program
The fee structure for the MBA program at Quantum University Roorkee is designed to provide quality education while ensuring affordability for deserving students. The total cost of the program includes tuition fees, hostel charges, mess advance, and other miscellaneous expenses.
Annual Fee Structure (Per Semester)
| Fee Head | Amount (INR) |
|---|---|
| Tuition Fee | 250,000 |
| Hostel Rent | 30,000 |
| Mess Advance | 15,000 |
| Student Benevolent Fund | 2,000 |
| Medical Fees | 3,000 |
| Gymkhana Fees | 1,500 |
| Examination Fees | 2,000 |
| Other Charges | 3,500 |
| Total | 307,000 |
Detailed Fee Components Explanation
Tuition Fee (INR 250,000): This fee covers the cost of instruction, access to academic resources, and educational facilities. The tuition fee includes access to the university's library, online databases, and digital learning platforms.
Hostel Rent (INR 30,000): The hostel accommodation is provided in well-furnished rooms with basic amenities such as beds, study tables, wardrobes, and internet connectivity. The hostel charges are inclusive of utilities and maintenance costs.
Mess Advance (INR 15,000): The mess advance covers the cost of meals for the semester. Students are required to pay this amount in advance to secure their meal arrangements. The billing system is transparent with monthly deductions from the advance amount based on actual consumption.
Student Benevolent Fund (INR 2,000): This fund supports students from economically disadvantaged backgrounds and provides assistance for emergency situations and academic needs.
Medical Fees (INR 3,000): The medical fees cover access to on-campus health services and emergency medical care. Students are entitled to basic healthcare facilities at reduced costs.
Gymkhana Fees (INR 1,500): This fee provides access to recreational facilities including gymnasiums, sports courts, and cultural activities organized by the university.
Examination Fees (INR 2,000): The examination fees cover the cost of conducting semester-end examinations and evaluating student performance. This includes administrative costs for exam scheduling and result processing.
Other Charges (INR 3,500): These charges include miscellaneous expenses such as transportation, campus security, and facility maintenance.
Hostel & Mess Charges
The university offers various hostel accommodation options to cater to different preferences and budgets. The hostel rooms are categorized based on amenities and facilities provided:
- Single Occupancy Room: INR 30,000 per semester with attached bathroom, study table, and wardrobe.
- Double Occupancy Room: INR 25,000 per semester with shared bathroom and common facilities.
- Triple Occupancy Room: INR 20,000 per semester with shared bathroom and common facilities.
The mess billing system is designed to be transparent and fair. Students pay an advance amount for the entire semester, which is then adjusted monthly based on actual consumption. The university maintains detailed records of meal consumption to ensure accurate billing.
Rebate policies are available for students who may have to leave campus during certain periods due to academic or personal reasons. The rebate is calculated based on the number of days the student is absent from the hostel.
Fee Waivers, Concessions, and Scholarships
The university provides various financial assistance programs to support students from economically weaker sections:
- SC/ST/PwD Category: Students belonging to SC/ST/PwD categories are eligible for a 50% concession on tuition fees. Additionally, they receive full waiver on hostel charges and mess advance.
- EWS Category: Students from EWS category receive a 25% concession on tuition fees with partial waiver on hostel charges.
- MCM (Minority Community Members): MCM students are eligible for 10% concession on tuition fees and partial waiver on other charges.
The eligibility criteria for these concessions are based on income slabs and relevant certificates issued by competent authorities. Students must submit the required documentation along with their application form to avail these benefits.
Payment Procedures & Refund Policy
The payment of fees can be made through online banking, net banking, or demand draft. The university provides detailed instructions on the official website for making payments and generating receipts.
Payment deadlines are clearly specified for each semester to ensure timely processing of admission formalities. Late payment attracts a penalty of INR 1,000 per day until the fees are cleared.
In case of withdrawal from the program, students are eligible for refund of fees according to the university's refund policy. The refund process is governed by specific rules and timelines, with deductions made for administrative charges and hostel accommodation.