Fee Structure Overview

The fee structure for the MBA program at R N B Global University Bikaner is comprehensive and transparent, covering all aspects of academic and residential life. The total cost for the two-year program is approximately 12.64 million rupees, with each semester costing around 3.16 million rupees:

The fee structure includes all components necessary for a comprehensive educational experience, ensuring that students have access to quality academic resources and campus facilities.

Tuition Fee Details

The tuition fee of 250,000 rupees per semester covers:

• Access to all academic resources including digital libraries, online learning platforms, and research facilities
• Faculty instruction from experienced professors and industry professionals
• Classroom facilities with modern equipment and technology
• Academic support services including tutoring and career guidance
• Access to specialized software and tools required for course work

The university regularly updates its tuition fee structure based on inflation rates and infrastructure development costs. The fee is designed to be affordable while maintaining the quality of education.

Hostel Facilities and Charges

Hostel accommodation is provided within the campus, ensuring a safe and conducive environment for learning:

• Room Types: Single occupancy rooms with basic amenities including beds, study tables, and wardrobes
• Facilities: Centralized heating/cooling, Wi-Fi connectivity, 24/7 security, and common areas for social interaction
• Hostel Rent: 40,000 rupees per semester for single occupancy rooms

The hostel facilities are maintained to international standards, providing students with comfortable living conditions that support their academic pursuits.

Mess Billing System

The mess advance of 20,000 rupees per semester covers food expenses for the entire duration:

• Billing System: Detailed records are maintained for each student's consumption
• Transparency: Monthly statements show actual consumption and charges
• Rebate Policies: Students with exceptional academic performance or financial hardship may be eligible for rebates

The mess billing system is designed to ensure fairness and transparency in food expenses, with regular audits conducted to maintain quality standards.

Financial Aid Programs

The university offers various fee waiver, concession, and scholarship programs to support deserving students:

• SC/ST/PwD Category: 100% fee waiver for all components except examination fees, which are reduced by 50%
• EWS Category: 50% fee concession on tuition fee and hostel rent
• MCM Category: 25% fee concession on tuition fee and hostel rent

These financial assistance programs are designed to make quality education accessible to students from diverse economic backgrounds.

Scholarship Eligibility Criteria

The scholarship eligibility criteria are based on academic performance and financial need:

• Academic Excellence: Students with consistently high grades may be eligible for merit-based scholarships
• Financial Need: Students from economically disadvantaged backgrounds can apply for need-based assistance
• Special Achievements: Awards in sports, arts, or community service may qualify students for additional financial support

Applications for financial aid require submission of relevant documents including income certificates, caste certificates, and proof of disability if applicable.

Application Process

The application process for financial assistance involves:

1. Document Submission: Applicants must submit all required documents through the university portal
2. Verification Process: The financial aid committee reviews applications and verifies submitted documents
3. Disbursement: Approved applications are processed within two weeks of submission

The university has a dedicated team that ensures timely processing of all financial aid applications, providing students with necessary support to continue their education.

Payment Procedures

Payment procedures for tuition and other fees are straightforward and accessible:

• Online Payment: Students can make payments through the university's secure online portal
• Bank Transfer: Direct bank transfers to university accounts are accepted
• Offline Options: Cash or cheque payments at designated university counters are available

Payment deadlines are clearly communicated to students, with penalties for late submissions. The university provides reminders and support to ensure timely payment.

Late Fee Charges

Late fees are calculated at 5% per month for overdue payments:

• Monthly Penalty: Interest charges applied to outstanding balances
• Grace Period: A grace period of 15 days is provided before late fee calculation begins
• Payment Flexibility: Students can request installment plans for large payments if necessary

The late fee policy ensures that financial obligations are met while providing reasonable flexibility for students facing temporary financial difficulties.

Refund Policy

The refund policy applies in cases of withdrawal from the program or transfer to another institution:

• Withdrawal Process: Students must submit formal requests for withdrawal with valid reasons
• Approval Process: Refunds are processed after approval by the academic council
• Refund Timeline: Refunds are typically processed within 30 days of approval

The refund policy ensures that students receive appropriate compensation for their financial contributions when necessary.

Additional Expenses

Beyond the basic fee structure, students may incur additional expenses:

• Study Materials: Textbooks and reference materials may require additional purchases
• Personal Expenses: Miscellaneous personal costs including transportation and entertainment
• Extra Activities: Participation in workshops, conferences, or special programs may involve extra charges

The university provides guidance on managing these expenses through financial planning and budgeting support.