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Fee Structure Overview

The fee structure for the Economics program at Sai University Chennai is designed to be transparent, comprehensive, and aligned with the quality of education provided. The total cost includes tuition fees, hostel charges, mess fees, and various other academic and administrative expenses.

Fee Components Explanation

The fee structure at Sai University Chennai includes multiple components that contribute to the overall educational experience and campus services:

Tuition Fee

The tuition fee covers the cost of instruction, academic resources, library access, laboratory facilities, and other educational services provided by the university. The fee is fixed for the duration of the program and is subject to annual review based on inflation and institutional costs.

Hostel Rent

Hostel accommodation is provided at different room types with varying amenities and charges. The hostel rent includes basic furnishings, maintenance services, and access to common areas such as study rooms, recreational facilities, and security systems.

Mess Advance

The mess advance is a prepayment for meals during the semester period. Students are required to pay this amount at the beginning of each semester to ensure continuous meal service. The advance is adjusted based on actual consumption during the semester.

Student Benevolent Fund

This fund supports students from economically disadvantaged backgrounds and provides financial assistance for academic and personal needs. The fund is managed by the university administration and is available to all eligible students.

Medical Fees

The medical fee covers access to on-campus health services, emergency medical care, and preventive healthcare programs. Students receive basic medical coverage through this fee, with additional options available for comprehensive health insurance.

Gymkhana Fees

The gymkhana fees provide access to campus recreational facilities including gyms, sports grounds, and cultural centers. These fees support the maintenance and operation of fitness and recreational infrastructure.

Examination Fees

Examination fees cover the cost of conducting end-of-semester examinations, practical assessments, and evaluation processes. These fees ensure quality assessment and maintain academic standards throughout the program.

Hostel & Mess Charges

The hostel facilities at Sai University Chennai are designed to provide a comfortable and conducive learning environment for students. The accommodation options include various room types with different amenities and charges:

Room Types

• Single Room: Individual accommodation with basic furnishings including bed, study table, chair, and wardrobe. Charges: 75000 INR per semester.
• Double Room: Shared accommodation for two students with similar amenities. Charges: 75000 INR per semester.
• Triple Room: Shared accommodation for three students with shared common areas. Charges: 75000 INR per semester.

Mess Billing System

The mess billing system operates on a monthly basis with charges based on actual consumption. Students are required to make advance payments for meals at the beginning of each month, and the final bill is adjusted based on actual consumption during the month.

Rebate Policies

Students can apply for rebates in hostel rent and mess charges under certain conditions such as:

• Academic performance: Students with consistent high grades may be eligible for partial rebates.
• Financial hardship: Students from economically disadvantaged backgrounds can apply for full or partial rebates.
• Special circumstances: Students facing health issues or other special circumstances may be considered for appropriate rebates.

Fee Waivers, Concessions, and Scholarships

Sai University Chennai offers various financial assistance programs to support students from diverse backgrounds and economic conditions:

Eligibility Criteria

The eligibility criteria for fee waivers and concessions are based on income slabs and other qualifying factors:

• SC/ST/PwD Category: Students from these categories are eligible for full fee waivers or significant concessions.
• EWS Category: Economically weaker students can receive partial fee concessions based on family income.
• MCM (Meritorious and Challenged Students): Students who have demonstrated exceptional academic performance or overcome personal challenges may be eligible for scholarships and concessions.

Benefits and Application Process

Students interested in applying for fee waivers and concessions must submit the required documentation along with their application forms. The process includes:

1. Application submission through the university portal
2. Document verification by the financial aid committee
3. Review and approval by the administration
4. Notification of approved concessions or waivers

Payment Procedures & Refund Policy

The payment procedures for fees at Sai University Chennai are designed to be convenient and secure:

Payment Deadlines

All fee payments must be made within the specified deadlines to avoid late fees and ensure continuous academic progress. The deadlines are typically announced at the beginning of each semester.

Late Fee Calculations

Late fees are calculated based on the number of days after the deadline:

• 1-7 days: 500 INR per day
• 8-14 days: 1000 INR per day
• More than 14 days: 2000 INR per day

Refund Rules

The refund policy for fee payments is as follows:

• Full refund if withdrawal is made before the start of the semester
• Partial refund (80%) if withdrawal is made within the first month of the semester
• No refund if withdrawal is made after the first month of the semester

The refund process typically takes 30-45 working days after the withdrawal request is approved.