Fee Structure Overview
The fee structure for the Education program at Rai Technology University Bangalore is designed to be transparent and affordable, with a comprehensive breakdown of all components. The total fee for the program is Rs. 450,000, which is payable in installments over the course of four years. The fee structure includes tuition fees, hostel charges, mess fees, and other miscellaneous charges.
| Component | Amount (Rs.) | Frequency |
|---|---|---|
| Tuition Fee | 300000 | Per Semester |
| Hostel Rent | 80000 | Per Semester |
| Mess Advance | 40000 | Per Semester |
| Student Benevolent Fund | 2000 | Per Semester |
| Medical Fees | 3000 | Per Semester |
| Gymkhana Fees | 1000 | Per Semester |
| Examination Fees | 2000 | Per Semester |
| Total | 450000 | Per Academic Year |
Fee Components Explained
Each component of the fee structure serves a specific purpose and contributes to the overall educational experience at Rai Technology University Bangalore:
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, and access to the university's learning platforms and tools. This fee is paid per semester and is used to fund faculty salaries, curriculum development, and the maintenance of academic infrastructure.
Hostel Rent
The hostel rent covers the cost of accommodation, including utilities, maintenance, and security services. The university provides comfortable and secure hostel facilities for students, with different room types available to suit various preferences and budgets.
Mess Advance
The mess advance is a prepayment for meal expenses, ensuring that students have access to nutritious and hygienic food throughout the academic year. The mess charges are calculated based on the number of meals consumed and are adjusted accordingly.
Student Benevolent Fund
The Student Benevolent Fund is a small annual fee that supports students in need and contributes to the university's social welfare initiatives. This fund helps students who face financial hardships and ensures that all students have equal access to educational opportunities.
Medical Fees
The medical fees cover the cost of healthcare services provided by the university's medical center. This includes consultations, basic treatments, and emergency care, ensuring that students have access to medical support during their academic journey.
Gymkhana Fees
The Gymkhana fees support the university's sports and recreational activities, including gym facilities, sports equipment, and organizing events. These fees help promote a healthy and active lifestyle among students.
Examination Fees
The examination fees cover the cost of conducting academic assessments, including exam hall rentals, invigilation, and result processing. These fees ensure that students have access to a fair and secure examination environment.
Hostel & Mess Charges
The university offers a variety of hostel options to accommodate students from different backgrounds and preferences. The hostel charges are structured to provide affordable and comfortable living arrangements:
Room Types
- Single Occupancy: Rs. 20,000 per semester
- Double Occupancy: Rs. 15,000 per semester
- Triple Occupancy: Rs. 12,000 per semester
- Four Occupancy: Rs. 10,000 per semester
Mess Billing System
The mess billing system is designed to be transparent and fair, with charges based on the number of meals consumed. Students are required to pay a mess advance at the beginning of each semester, which is adjusted based on the actual consumption during the semester.
Rebate Policies
The university offers rebate policies for students who are absent for a certain number of days due to valid reasons such as illness or family emergencies. The rebate is calculated based on the number of days of absence and the applicable charges.
Fee Waivers, Concessions, and Scholarships
Rai Technology University Bangalore offers various fee waivers, concessions, and scholarships to support students from different backgrounds and financial situations. These financial aid options are designed to ensure that all students have access to quality education:
Eligibility Criteria
- SC/ST/PwD: Students from SC/ST or PwD categories are eligible for a 50% fee waiver
- EWS: Students from EWS category are eligible for a 25% fee waiver
- MCM: Merit-cum-Means students are eligible for a 10% fee waiver
Application Process
Students who wish to apply for fee waivers or scholarships must submit an application form along with supporting documents. The application process is conducted online, and students are required to provide details about their family income, academic performance, and other relevant information.
Payment Procedures & Refund Policy
The university has a clear and structured payment procedure to ensure that all fees are paid on time and in a transparent manner:
Payment Deadlines
Students are required to pay their fees by the specified deadlines, which are announced at the beginning of each semester. Late payments may attract a late fee, which is calculated based on the number of days of delay.
Late Fee Calculations
The late fee is calculated at 5% of the total fee amount for each month of delay. Students are encouraged to pay their fees on time to avoid any additional charges.
Refund Policy
The university has a clear refund policy for students who withdraw from the program. Refunds are processed based on the number of days the student has attended classes and the applicable fees. Students are required to submit a withdrawal application and provide necessary documentation to process the refund.
The refund process is initiated within 30 days of the withdrawal application, and the refund amount is credited to the student's bank account. The university ensures that all refund procedures are conducted in a timely and transparent manner.