Fees
The fee structure for the International Business program at SAM College of Management and Technology is designed to provide high-quality education while ensuring affordability for all students. The comprehensive fee breakdown includes tuition, hostel charges, mess advance, and other essential components required for a complete academic experience.
Fee Structure Overview
The total annual fee for the program is ₹1,92,500, distributed across eight semesters with specific charges for each component:
| Fee Head | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Semester 5 | Semester 6 | Semester 7 | Semester 8 |
|---|---|---|---|---|---|---|---|---|
| Tuition Fee | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 | ₹1,20,000 |
| Hostel Rent | ₹45,000 | ₹45,000 | ₹45,000 | ₹45,000 | ₹45,000 | ₹45,000 | ₹45,000 | ₹45,000 |
| Mess Advance | ₹20,000 | ₹20,000 | ₹20,000 | ₹20,000 | ₹20,000 | ₹20,000 | ₹20,000 | ₹20,000 |
| Student Benevolent Fund | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 |
| Medical Fees | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 | ₹2,000 |
| Gymkhana Fees | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 | ₹1,500 |
| Examination Fees | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 |
| Total Annual Fee | ₹1,92,500 | ₹1,92,500 | ₹1,92,500 | ₹1,92,500 | ₹1,92,500 | ₹1,92,500 | ₹1,92,500 | ₹1,92,500 |
The tuition fee covers access to state-of-the-art facilities and high-quality instruction. Hostel rent provides accommodation in modern, comfortable rooms with shared amenities including Wi-Fi, laundry services, and 24/7 security.
Fee Components Explanation
Each component of the fee structure serves a specific purpose in supporting the academic and personal development of students:
- Tuition Fee: This is the primary cost associated with academic instruction, covering faculty salaries, course materials, and facility maintenance.
- Hostel Rent: Provides accommodation in modern hostel facilities with shared amenities to ensure a comfortable living environment for students.
- Mess Advance: Collected at the beginning of each semester to cover meal expenses, ensuring that students have uninterrupted access to nutritious meals.
- Student Benevolent Fund: Supports students in times of financial need, providing emergency assistance and scholarships for meritorious candidates.
- Medical Fees: Ensures access to healthcare services within the campus, including regular checkups and medical emergencies.
- Gymkhana Fees: Contributes towards maintaining recreational facilities such as gyms, sports complexes, and cultural venues.
- Examination Fees: Covers administrative costs related to conducting end-of-semester assessments and grading.
The structured fee breakdown ensures that students receive comprehensive support throughout their academic journey, from instruction to accommodation to healthcare services.
Hostel & Mess Charges
The hostel system at SAM College of Management and Technology provides modern, comfortable living spaces for students. Hostel rooms are categorized into single, double, and triple occupancy options with varying pricing structures:
- Single Occupancy Rooms: ₹15,000 per semester, offering private facilities with individual study areas.
- Double Occupancy Rooms: ₹10,000 per semester, sharing common amenities such as study spaces and lounges.
- Triple Occupancy Rooms: ₹7,500 per semester, providing shared living environments with basic amenities.
The mess billing system includes a monthly subscription model with options for daily meals or weekly plans based on student preferences. Students can choose between vegetarian and non-vegetarian meal options, with dietary restrictions accommodated upon request.
Rebate policies are available for students who do not consume meals regularly, ensuring that fees are adjusted appropriately. Additional services such as laundry, internet, and room cleaning may be charged separately based on usage.
Fee Waivers, Concessions, and Scholarships
Financial assistance is available to students from SC/ST/PwD categories, EWS, and MCM based on income slabs and family circumstances. Applications must be submitted along with supporting documents such as caste certificates, income certificates, and disability certificates.
The application process involves filling out an online form, uploading required documents, and submitting them for verification by the financial aid committee. Approved applications receive partial or full fee waivers depending on eligibility criteria and family income levels.
Eligibility criteria for scholarships include:
- SC/ST/PwD: Full fee waiver for students from economically disadvantaged backgrounds.
- EWS: Partial fee waiver based on family income below specified thresholds.
- MCM: Financial support for meritorious candidates from low-income families.
Additional scholarships are available for academic excellence, sports achievements, and cultural contributions to the college community. These awards recognize outstanding performance and encourage continued growth and development.
Payment Procedures & Refund Policy
Payment procedures are clearly outlined with deadlines and penalties for late submissions. Students must complete payment within 15 days of receiving a notice to avoid any inconvenience in accessing academic services.
Late fee calculations are based on a percentage of the total annual fee, with additional charges applied for delays beyond the specified period. The official refund rules apply to withdrawals made before the start of the semester, with deductions based on administrative costs and service usage.
The college maintains transparent communication regarding payment deadlines and refund processes, ensuring that students understand their obligations and rights throughout the academic year. Regular updates are provided through official channels to keep students informed about any changes in fee policies or procedures.