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MBA Program Fee Structure

The MBA program at Rayat Bahra University Mohali offers a comprehensive fee structure that covers all aspects of the educational experience. The university ensures transparency and affordability in its fee structure, providing students with a clear understanding of all costs associated with their education.

The total fee for the two-year MBA program is INR 250,000, which is payable in two installments per semester. The fee structure includes tuition, hostel, mess, and other essential charges required for the academic and residential experience.

Tuition Fee: The tuition fee covers the cost of instruction, access to academic resources, and administrative services. It includes access to the university's library, computer labs, and other academic facilities. The fee is subject to annual revision based on the university's budget and operational requirements.

Hostel Rent: The hostel accommodation is provided within the university campus, ensuring a safe and conducive environment for students. The hostel rent covers room maintenance, utilities, and basic amenities. The university offers various room types, including single, double, and triple occupancy rooms, with different pricing structures.

Mess Advance: The mess advance covers the cost of meals provided in the university's dining facilities. The mess charges are calculated based on the number of meals provided per day and the quality of food served. The university maintains high standards of hygiene and nutrition in its mess facilities.

Student Benevolent Fund: This fund supports students who face financial difficulties or emergencies. The fund is managed by the university administration and provides assistance to eligible students based on their needs and circumstances.

Medical Fees: The medical fees cover access to the university's medical facilities, including basic health check-ups, consultations, and emergency medical services. The university maintains a well-equipped medical center with qualified doctors and staff.

Gymkhana Fees: The gymkhana fees provide access to the university's sports and recreational facilities, including gymnasiums, sports courts, and recreational areas. These facilities promote physical fitness and overall well-being among students.

Examination Fees: The examination fees cover the cost of conducting end-of-semester examinations, including marking, evaluation, and result declaration. The fees ensure that students have access to a fair and transparent evaluation process.

Other Charges: These charges cover additional services and facilities provided by the university, including library services, student support services, and administrative expenses. The charges are minimal and are subject to annual review.

The university also provides detailed information about the hostel and mess charges to ensure that students understand the costs associated with residential life. The hostel facilities are designed to provide comfort and convenience to students, with amenities such as Wi-Fi, laundry services, and 24/7 security.

The mess billing system is transparent and efficient, with charges calculated based on the number of meals consumed. Students can choose from various meal options, including vegetarian and non-vegetarian dishes, to suit their dietary preferences. The university also provides options for special dietary requirements, such as gluten-free or lactose-free meals.

Rebate policies are in place for students who are unable to stay in the hostel for the entire semester or those who require special accommodations. These policies ensure that students are not burdened with unnecessary charges and can focus on their studies.

Fee waivers, concessions, and scholarships are available for students from economically disadvantaged backgrounds and those belonging to reserved categories. The university has a transparent and fair process for evaluating applications for financial aid, ensuring that deserving students receive support.

The eligibility criteria for fee waivers and concessions include income slabs, family size, and other relevant factors. Students must submit relevant documents and undergo verification to qualify for these benefits. The university also offers merit-based scholarships for outstanding academic performance and extracurricular achievements.

The application process for financial aid is straightforward and can be completed online through the university's portal. Students are required to fill out an application form, submit necessary documents, and undergo a review process to determine their eligibility for assistance.

Payment procedures are designed to be convenient and secure, with multiple payment options available including online banking, credit/debit cards, and NEFT/RTGS transfers. The university provides detailed instructions for payment and ensures that students receive confirmation of payment through email and SMS notifications.

Payment deadlines are clearly communicated to students, with penalties for late payments. The university offers a grace period for late payments, but students are advised to make payments on time to avoid any inconvenience.

The refund policy is governed by the university's regulations and is designed to ensure fairness and transparency. Students who withdraw from the program or are unable to complete their studies are eligible for refunds based on the university's refund policy. The refund process involves submitting an application, providing necessary documents, and undergoing verification by the administration.

Overall, the fee structure at Rayat Bahra University Mohali is designed to be affordable and transparent, providing students with access to quality education and facilities. The university's commitment to financial accessibility ensures that students from diverse backgrounds can pursue their academic goals without facing financial barriers.