Fee Structure
The total annual fee for the Business Administration program at SAM College of Management and Technology is approximately INR 200,000. The following table provides a detailed breakdown of all components:
| Head | Per Semester (INR) | Per Year (INR) |
|---|---|---|
| Tuition Fee | 70,000 | 140,000 |
| Hostel Rent | 30,000 | 60,000 |
| Mess Advance | 20,000 | 40,000 |
| Student Benevolent Fund | 2,000 | 4,000 |
| Medical Fees | 1,000 | 2,000 |
| Gymkhana Fees | 1,000 | 2,000 |
| Examination Fees | 2,000 | 4,000 |
| Total | 126,000 | 252,000 |
Fee Components Explanation
Tuition Fee (INR 70,000 per semester): This covers all academic expenses including faculty salaries, infrastructure maintenance, and learning resources. The fee structure is reviewed annually to reflect updates in course offerings and technological improvements.
Hostel Rent (INR 30,000 per semester): Accommodation is provided in well-furnished hostels with modern amenities including Wi-Fi, laundry services, and 24/7 security. The hostel charges include utilities such as electricity and water supply.
Mess Advance (INR 20,000 per semester): Students are required to pay an advance for meals during the academic year. The mess billing system is transparent and updated monthly based on consumption records.
Student Benevolent Fund (INR 2,000 per semester): This fund supports students facing financial hardships and contributes to campus welfare activities. It also provides emergency assistance for medical emergencies or other unforeseen circumstances.
Medical Fees (INR 1,000 per semester): Covers basic healthcare services available on campus including doctor consultations, medicine distribution, and health check-ups.
Gymkhana Fees (INR 1,000 per semester): Supports student sports and recreational activities including gym access, sports equipment, and event organization.
Examination Fees (INR 2,000 per semester): Covers examination conduct, result processing, and certificate generation costs. Additional fees may apply for reappearances or retakes.
Hostel & Mess Charges
The college offers multiple hostel categories with varying amenities:
- AC Rooms (2-person sharing): INR 15,000 per month
- Non-AC Rooms (2-person sharing): INR 10,000 per month
- AC Rooms (4-person sharing): INR 12,000 per month
- Non-AC Rooms (4-person sharing): INR 8,000 per month
The mess billing system operates on a monthly basis with detailed records of consumption and charges. Students receive monthly bills reflecting their actual usage, ensuring transparency and accountability.
Fee Waivers, Concessions, and Scholarships
The college provides various financial assistance options to deserving students:
- SC/ST/PwD Category: 100% waiver on tuition fees with partial reimbursement of hostel charges based on income slabs.
- EWS Category: 50% concession on tuition fees and full reimbursement of hostel charges for students with annual income below INR 4 lakh.
- MCM (Minority Community): 25% discount on tuition fees and partial assistance in hostel charges based on financial need.
Eligibility criteria include submission of valid certificates, income proof documents, and community identification. Applications must be submitted before the start of the academic year along with supporting documents.
Payment Procedures & Refund Policy
All payments are processed through secure online platforms including net banking, credit/debit cards, and UPI systems. Students can make installment payments as per the schedule provided by the finance department.
Late fees of INR 500 per day are applicable beyond the deadline specified in the fee structure. Refunds are processed within 30 days upon withdrawal from the program or completion of academic requirements, subject to proper documentation and approval.
For students who wish to discontinue their studies mid-year, the refund policy is as follows:
- Full refund if withdrawal occurs before the first month of the semester
- 75% refund if withdrawal occurs between the first and third month
- 50% refund if withdrawal occurs between the fourth and sixth month
- No refund after the sixth month
The college maintains strict financial transparency, with all transactions recorded and audited annually to ensure compliance with regulatory standards.