Fee Structure and Financial Breakdown
The Regional School of Management Meerut is committed to providing world-class education at a reasonable cost. The fee structure has been designed to ensure affordability while maintaining the quality of infrastructure, faculty, and academic resources.
Annual Fee Structure (Per Semester)
| Head | First Year | Second Year | Total Per Semester |
|---|---|---|---|
| Tuition Fees | ₹ 3,00,000 | ₹ 3,00,000 | ₹ 6,00,000 |
| Hostel Charges | ₹ 80,000 | ₹ 80,000 | ₹ 1,60,000 |
| Mess Charges | ₹ 40,000 | ₹ 40,000 | ₹ 80,000 |
| Medical Insurance | ₹ 10,000 | ₹ 10,000 | ₹ 20,000 |
| Library & Academic Resources | ₹ 5,000 | ₹ 5,000 | ₹ 10,000 |
| Student Activities & Clubs | ₹ 5,000 | ₹ 5,000 | ₹ 10,000 |
| Infrastructure Development Fee | ₹ 20,000 | ₹ 20,000 | ₹ 40,000 |
| Development Charges | ₹ 10,000 | ₹ 10,000 | ₹ 20,000 |
| Total Annual Cost | ₹ 4,70,000 | ₹ 4,70,000 | ₹ 9,40,000 |
Hostel & Mess Charges
The hostel facilities at RSOM Meerut are designed to provide a comfortable living environment for students. The hostel charges cover accommodation, utilities, and other amenities:
- Accommodation: Students can choose between single, double, or triple occupancy rooms with modern furnishings.
- Utilities: All rooms come with Wi-Fi, electricity, water supply, and air conditioning (in common areas).
- Mess Charges: The mess charges include meals for breakfast, lunch, and dinner, along with access to a variety of vegetarian options. Special dietary requirements can be accommodated upon request.
- Additional Services: Hostel services also include laundry, cleaning, and 24/7 security support.
Return on Investment (ROI) Analysis
The ROI for RSOM Meerut is a critical metric that reflects the value students receive for their investment in education. Based on historical placement data, the average starting salary of graduates ranges between ₹ 5.5 LPA to ₹ 6.0 LPA, with top performers earning up to ₹ 25 LPA. This translates into an impressive ROI of approximately 1.2x over a period of three years post-graduation.
The school's strong industry connections and placement record ensure that students receive competitive offers from leading companies. Additionally, the school offers financial aid programs and scholarships to support deserving students, making quality education accessible to a wider audience.
Payment Options
Students have multiple options for paying their fees:
- Online Payment: Fees can be paid online through secure portals using credit/debit cards or net banking.
- Bank Transfer: Direct bank transfers to the institution's designated account are accepted.
- Cash Payments: Limited cash payments are allowed at the administration office, subject to availability and approval.
- Installment Plans: The school allows students to opt for installment plans for the entire academic year, spread over multiple semesters.
Financial Aid Programs
To make education accessible to all deserving students, RSOM Meerut offers various financial aid programs:
- Scholarship Schemes: The school has established several scholarship schemes funded by alumni, donors, and government initiatives.
- Student Loans: Students can apply for educational loans from banks such as SBI, HDFC, and ICICI to cover tuition and living expenses.
- Merit-Based Aid: High-performing students receive partial or full fee waivers based on their academic achievements.
- Need-Based Assistance: Students from economically disadvantaged backgrounds are eligible for financial assistance through need-based grants.
Additional Costs
In addition to tuition and hostel charges, students may incur additional costs related to:
- Books & Study Materials: ₹ 5,000 - ₹ 10,000 annually
- Travel Expenses: ₹ 2,000 - ₹ 5,000 per semester
- Campus Activities: ₹ 3,000 - ₹ 8,000 annually
- Emergency Fund: ₹ 10,000 - ₹ 20,000 for unforeseen expenses
Fee Waivers and Discounts
The school offers fee waivers and discounts to students based on merit or financial need:
- Merit-Based Waivers: Students scoring above 90% in their final year of undergraduate studies may be eligible for a 10-30% discount on tuition fees.
- Need-Based Discounts: Students from families with an annual income below ₹ 5 lakh are eligible for up to 50% fee reduction.
- Alumni Discounts: Children of RSOM alumni receive a 10-20% discount on tuition fees.
- Sports & Cultural Excellence: Students excelling in sports or cultural activities may qualify for partial fee waivers.
Support Services
The finance department at RSOM Meerut provides support to students facing financial difficulties:
- Financial Counseling: Regular counseling sessions help students plan their finances and explore funding options.
- Internship Opportunities: The school encourages students to take up internships that can supplement their income and gain industry experience.
- Part-Time Jobs: Students may be eligible for part-time jobs on campus or with affiliated organizations.
- Loan Assistance: The administration helps students navigate the loan application process by providing necessary documents and guidance.