Fee Structure
The fee structure for the Education program at Renaissance University Indore is designed to be transparent and affordable. The total cost for the entire program is approximately 12 lakhs, with fees broken down into semesters. The following table provides a detailed breakdown of the fee structure:
| Fee Head | Per Semester (INR) | Per Academic Year (INR) | One-time (INR) |
|---|---|---|---|
| Tuition Fee | 40000 | 80000 | 0 |
| Hostel Rent | 15000 | 30000 | 0 |
| Mess Advance | 10000 | 20000 | 0 |
| Student Benevolent Fund | 2000 | 4000 | 0 |
| Medical Fees | 1000 | 2000 | 0 |
| Gymkhana Fees | 1000 | 2000 | 0 |
| Examination Fees | 1000 | 2000 | 0 |
| Total | 70000 | 140000 | 0 |
Fee Components
Tuition Fee: The tuition fee covers the cost of instruction, access to academic resources, and administrative support. It is paid per semester and includes all course materials and access to the university's digital library.
Hostel Rent: The hostel rent is charged per semester and covers accommodation in a well-furnished room. The university provides a range of room types, including single, double, and triple occupancy.
Mess Advance: The mess advance is a one-time payment required for the first month of the academic year. It covers the cost of meals for the first month and is adjusted at the end of the semester.
Student Benevolent Fund: This fund supports students who face financial difficulties and provides assistance for emergencies and special needs.
Medical Fees: This fee covers access to the university's medical facilities and basic healthcare services.
Gymkhana Fees: This fee provides access to the university's sports facilities and recreational activities.
Examination Fees: This fee covers the cost of conducting examinations and evaluating student performance.
Hostel & Mess Charges
The university provides a range of hostel options to accommodate students from different backgrounds. The following table outlines the room types and associated charges:
| Room Type | Monthly Rent (INR) | Facilities |
|---|---|---|
| Single Occupancy | 15000 | Private room, AC, WiFi, TV |
| Double Occupancy | 10000 | Shared room, AC, WiFi, TV |
| Triple Occupancy | 7000 | Shared room, AC, WiFi, TV |
The mess charges are inclusive of three meals per day and are adjusted at the end of the semester. Students can choose from a variety of meal options, including vegetarian and non-vegetarian dishes.
Fee Waivers, Concessions, and Scholarships
Renaissance University Indore offers various fee waivers, concessions, and scholarships to support students from economically disadvantaged backgrounds. The following table outlines the eligibility criteria for different types of financial aid:
| Category | Eligibility Criteria | Benefits |
|---|---|---|
| SC/ST/PwD | Students from SC/ST or PwD categories | 50% fee waiver |
| EWS | Students from economically weaker sections | 25% fee waiver |
| MCM | Students from minority communities | 25% fee waiver |
The application process for financial aid is straightforward. Students must submit the required documents and fill out the application form on the university's official website. The university reviews the applications and approves them based on the eligibility criteria.
Payment Procedures & Refund Policy
Payments for the Education program must be made through online banking or NEFT. Students are required to pay the fees before the start of the academic year. Late payments are subject to a penalty, which is calculated based on the number of days the payment is delayed.
The refund policy is designed to be fair and transparent. Students who withdraw from the program are eligible for a refund of the fees paid, subject to certain conditions. The refund process is initiated after the withdrawal is approved by the university's administration.
Students are advised to keep all payment receipts and to submit them along with their withdrawal application. The refund is processed within 30 days of the withdrawal being approved.