Fee Structure Overview
The fee structure for the Economics program at Rishihood University Sonipat is designed to be transparent and comprehensive, covering all aspects of the educational experience. The total cost for the four-year program is approximately 800,000 INR, which includes tuition, hostel, mess, and other miscellaneous fees.
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | 200000 | 60000 | 30000 | 2000 | 5000 | 1000 | 2000 | 300000 |
| 2 | 200000 | 60000 | 30000 | 2000 | 5000 | 1000 | 2000 | 300000 |
| 3 | 200000 | 60000 | 30000 | 2000 | 5000 | 1000 | 2000 | 300000 |
| 4 | 200000 | 60000 | 30000 | 2000 | 5000 | 1000 | 2000 | 300000 |
Fee Components Explanation
Each component of the fee structure is explained in detail below to ensure transparency and understanding:
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, and access to university facilities. It includes the cost of lectures, seminars, laboratory sessions, and other academic activities. The tuition fee is subject to annual revision based on the university's policies and inflation.
Hostel Rent
Hostel rent covers accommodation in the university's residential facilities. The hostel rooms are equipped with basic amenities such as beds, study tables, and wardrobes. The rent is charged per semester and is subject to annual revision.
Mess Advance
The mess advance covers the cost of meals provided in the university's dining facilities. Students are required to pay an advance for the semester's meals, which is adjusted based on the actual consumption during the semester.
Student Benevolent Fund
The student benevolent fund is a voluntary contribution towards the welfare of students and staff. The fund supports various initiatives such as scholarships, medical assistance, and cultural events.
Medical Fees
Medical fees cover the cost of healthcare services provided by the university's medical center. The fees include consultations, diagnostic tests, and basic treatments. Students are encouraged to maintain health insurance coverage for additional protection.
Gymkhana Fees
The gymkhana fees cover the cost of access to the university's sports and fitness facilities. The fees include access to gyms, swimming pools, and sports courts. Students can participate in various sports activities and events organized by the gymkhana.
Examination Fees
The examination fees cover the cost of conducting academic assessments and maintaining examination infrastructure. The fees are charged per semester and are subject to annual revision.
Hostel & Mess Charges
The hostel and mess charges are an integral part of the fee structure, providing students with comfortable living and dining facilities. The hostel rooms are categorized into different types based on the amenities and comfort level.
Room Types
The university offers various room types to accommodate students' preferences and budgets:
- Single Occupancy Room
- Double Occupancy Room
- Triple Occupancy Room
- Four Occupancy Room
Each room type is equipped with basic amenities such as beds, study tables, wardrobes, and lighting. The charges for each room type are fixed and subject to annual revision.
Mess Billing System
The mess billing system is designed to be fair and transparent, with charges based on the actual consumption of meals. Students are required to pay an advance for the semester's meals, which is adjusted based on the actual consumption during the semester.
The mess facility provides three meals a day (breakfast, lunch, and dinner) to students. The menu is designed to provide a balanced and nutritious diet, with options for different dietary preferences.
Rebate Policies
The university provides rebate policies for students who are absent from the hostel for a certain period. The rebate is calculated based on the number of days of absence and is subject to approval by the hostel authorities.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waivers, concessions, and scholarships to support students from economically disadvantaged backgrounds. The eligibility criteria and benefits are as follows:
SC/ST/PwD Category
Students belonging to SC/ST/PwD categories are eligible for a 100% fee waiver. The waiver is subject to the submission of valid certificates and documentation.
EWS Category
Students belonging to the EWS category are eligible for a 50% fee concession. The concession is subject to the submission of valid certificates and documentation.
MCM Category
Students from the MCM category are eligible for a 25% fee concession. The concession is subject to the submission of valid certificates and documentation.
Merit-Based Scholarships
The university also offers merit-based scholarships to students who demonstrate exceptional academic performance. The scholarships are awarded based on the student's performance in qualifying examinations and academic achievements.
Application Process for Financial Aid
The application process for fee waivers, concessions, and scholarships is straightforward and transparent. Students are required to submit the necessary documents and forms along with the application. The documents include:
- Income certificate
- Caste certificate (for SC/ST/PwD)
- Disability certificate (for PwD)
- Residence certificate
- Academic records
The application process is conducted online, and students are required to upload the necessary documents and fill out the application form. The university reviews the applications and approves the requests based on the submitted documents and eligibility criteria.
Payment Procedures & Refund Policy
The payment procedures for the fee structure are designed to be convenient and secure. Students can make payments through various modes such as online banking, credit/debit cards, and demand drafts. The university provides detailed instructions on the payment process and ensures that the transactions are secure and reliable.
Payment Deadlines
Students are required to make payments by the specified deadlines to avoid late fees and penalties. The deadlines are communicated to students through official notices and the university's website. Late payments are subject to a penalty of 5% per month.
Refund Policy
The university has a clear refund policy for students who withdraw from the program. The refund is calculated based on the number of semesters completed and the fees paid. The refund is processed within 30 days of the withdrawal request, subject to the submission of necessary documents and approvals.
In case of withdrawal, students are required to return all university property and complete the necessary formalities. The refund process is handled by the finance department, ensuring that the process is transparent and fair.