Comprehensive Fee Structure and Financial Framework
The Bachelor of Business Administration program at Sai Nath University Ranchi offers world-class business education at a competitive fee structure that reflects our commitment to academic excellence while remaining accessible to deserving students. Our fee structure is transparent, well-organized, and designed to provide maximum value for investment in higher education.
Students can expect to pay a total of 800000 INR for the entire three-year program, which breaks down into semester-wise payments to ensure manageable financial planning. The fee structure includes all essential components required for quality education and campus life.
Semester | Tuition Fee (INR) | Hostel Rent (INR) | Mess Advance (INR) | Student Benevolent Fund (INR) | Medical Fees (INR) | Gymkhana Fees (INR) | Examination Fees (INR) | Total (INR) |
---|---|---|---|---|---|---|---|---|
Semester 1 | 200000 | 80000 | 40000 | 2000 | 5000 | 1000 | 2000 | 330000 |
Semester 2 | 200000 | 80000 | 40000 | 2000 | 5000 | 1000 | 2000 | 330000 |
Semester 3 | 200000 | 80000 | 40000 | 2000 | 5000 | 1000 | 2000 | 330000 |
Semester 4 | 200000 | 80000 | 40000 | 2000 | 5000 | 1000 | 2000 | 330000 |
Semester 5 | 200000 | 80000 | 40000 | 2000 | 5000 | 1000 | 2000 | 330000 |
Semester 6 | 200000 | 80000 | 40000 | 2000 | 5000 | 1000 | 2000 | 330000 |
The total fee for the entire program amounts to 1980000 INR, which includes all components necessary for a comprehensive educational experience. This structure ensures that students receive value for every rupee invested in their education.
Fee Components Breakdown
Tuition Fee: The tuition fee covers access to academic resources, faculty instruction, course materials, and administrative support. It represents the core component of the educational investment and is designed to provide quality instruction and learning facilities.
Hostel Rent: Our campus provides comfortable accommodation for students through well-maintained hostel facilities. The rent covers room maintenance, utilities, security, and basic amenities required for a conducive living environment during academic years.
Mess Advance: The mess advance covers meal expenses for the semester, ensuring students have access to nutritious and hygienic food throughout their academic journey. This system helps maintain consistent quality in campus dining services.
Student Benevolent Fund: This fund supports students facing financial hardships or emergencies during their academic tenure. Contributions help provide assistance for unforeseen circumstances while promoting a supportive academic community.
Medical Fees: The medical fee covers access to on-campus healthcare facilities, including basic medical consultations and emergency services. This ensures that students can receive timely medical attention when needed.
Gymkhana Fees: These fees support campus recreational activities, sports facilities, and cultural events. They contribute to the holistic development of students by promoting physical fitness and extracurricular engagement.
Examination Fees: Examination fees cover administrative costs associated with conducting assessments, grading, and maintaining academic standards throughout the program.
Hostel & Mess Charges Detailed Analysis
Our campus hostel facilities are designed to provide students with a comfortable and secure living environment while fostering a sense of community among residents. The hostel charges vary based on room types and amenities provided:
Room Types and Amenities
- Single Occupancy Room: 80000 INR per semester with individual bed, study table, wardrobe, and attached bathroom facilities
- Double Occupancy Room: 70000 INR per semester with two beds, shared study tables, wardrobes, and shared bathroom facilities
- Triple Occupancy Room: 60000 INR per semester with three beds, shared study tables, wardrobes, and shared bathroom facilities
The hostel facilities include 24/7 security, internet connectivity, laundry services, and regular maintenance. Students can also opt for additional amenities such as air conditioning or extra storage space at an additional cost.
Mess Billing System
Our mess billing system is designed to ensure fair and transparent charges for all students. The system includes:
- Monthly billing cycle with detailed breakdown of meals consumed
- Flexible payment options including online transactions and cash payments
- Rebate policies for students who are absent due to valid reasons
- Regular audits to ensure fair pricing and service quality
Mess charges are calculated based on the number of meals consumed, with each meal costing approximately 150 INR. Students receive monthly statements detailing their consumption and payments.
Fee Waivers, Concessions, and Scholarships
The university offers various financial aid options to ensure that deserving students can access quality education regardless of their economic background:
Scholarship Categories and Eligibility
- SC/ST/PwD Category: Students from SC, ST, or PwD categories receive 100% fee waiver based on valid certificates issued by competent authorities
- EWS Category: Students from economically weaker sections receive 50% fee concession with income proof required from government authorities
- MCM (Mother of Child Migrant): Single mothers or migrant workers receive 75% fee concession upon submission of relevant documentation
The application process for financial aid involves submitting necessary documents through the online portal, followed by verification by the finance department and academic committee.
Payment Procedures & Refund Policy
The payment procedures are designed to be convenient and transparent, with multiple options available for students:
Payment Deadlines
- First installment must be paid within 7 days of admission confirmation
- Subsequent installments are due at the beginning of each semester
- Late payment incurs a penalty of 500 INR per day beyond the deadline
Students can make payments through online banking, credit/debit cards, or NEFT/RTGS transfers. The university provides detailed instructions and support for students who require assistance with payment procedures.
Refund Policy
The refund policy is designed to be fair and transparent, with specific guidelines for different scenarios:
- Students withdrawing before the start of the semester receive 100% refund minus administrative charges of 5000 INR
- Withdrawal after the first month but before the second month results in 75% refund with applicable deductions
- No refunds are provided for withdrawals after the second month without valid reasons
- Students who complete the semester and withdraw due to personal reasons receive a pro-rata refund based on attendance and academic performance
All refund applications must be submitted through the online portal within 15 days of withdrawal, with necessary documentation provided for verification.