Fee Structure Overview
The fee structure for the Project Management program at SAM COLLEGE OF MANAGMENT AND TECHNOLOGY is designed to be transparent, reasonable, and aligned with industry standards. The total cost of the four-year program is approximately 250,000 INR, distributed across multiple components including tuition fees, hostel charges, mess advance, and other miscellaneous expenses.
Annual Fee Structure (Per Semester)
Component | Amount (INR) |
---|---|
Tuition Fee | 1,00,000 |
Hostel Rent (Single Occupancy) | 25,000 |
Mess Advance | 15,000 |
Student Benevolent Fund | 2,000 |
Medical Fees | 1,000 |
Gymkhana Fees | 2,000 |
Examination Fees | 1,500 |
Other Charges | 2,000 |
Total | 1,50,500 |
Detailed Breakdown of Fee Components
Tuition Fee
The tuition fee covers the cost of instruction, access to academic resources, and administrative support. It includes charges for lectures, laboratory sessions, workshops, guest speaker events, and digital learning platforms. The fee is adjusted annually based on inflation rates and institutional investments in infrastructure and faculty development.
Hostel Rent
Hostel accommodation is provided to all students who wish to reside on campus. The rent varies depending on room type and amenities offered. Single occupancy rooms are available at 25,000 INR per semester, while shared rooms may cost less. Students are required to pay an advance of one month's rent upon admission.
Mess Advance
The mess advance is a fixed amount paid upfront for meals during the semester. This includes breakfast, lunch, and dinner for 15 days. The advance is adjusted at the end of each semester based on actual consumption and refunded accordingly.
Student Benevolent Fund
This fund supports students facing financial difficulties or emergencies. Contributions are voluntary but encouraged. The fund provides emergency loans, scholarships, and assistance in case of medical emergencies or family hardships.
Medical Fees
The medical fees cover basic healthcare services provided by the on-campus health center. These include consultations, diagnostic tests, medications, and minor treatments. Students are encouraged to maintain health insurance coverage for comprehensive protection.
Gymkhana Fees
This fee supports extracurricular activities, sports facilities, cultural events, and student clubs. The funds ensure access to gyms, recreational spaces, and organized sporting competitions that contribute to holistic development.
Examination Fees
The examination fees cover costs associated with conducting semester-end and annual exams, including paper setting, invigilation, result processing, and certificate generation. The fee is fixed at 1,500 INR per semester and includes all necessary administrative charges.
Other Charges
This category includes miscellaneous expenses such as transportation, library access, printing services, and additional academic resources. These charges are minimal and reflect the institution's commitment to providing value-added services without overburdening students financially.
Hostel & Mess Charges
Room Types and Amenities
The hostel offers several room types to accommodate different preferences and budgets:
- Single Occupancy Room: Private room with attached bathroom, air conditioning, study table, bed, wardrobe, and Wi-Fi connectivity.
- Double Occupancy Room: Shared room with two beds, common bathroom, desk, chair, and basic amenities.
- Triple Occupancy Room: Shared room for three students, equipped with necessary furniture and facilities.
Mess Billing System
The mess billing system operates on a monthly basis, with meals charged per day. Students are billed based on their consumption and refunded if they leave campus early or fail to consume all meals. The system ensures transparency by providing daily updates on meal consumption and balance.
Rebate Policies
- Academic Leave: Students on academic leave are entitled to a rebate of 20% on hostel charges for the duration of the leave.
- Medical Leave: A full rebate is granted for medical leave exceeding one month, provided valid documentation is submitted.
- Summer Vacation: Hostel charges are waived during summer vacations (June to August) for students returning home.
Fee Waivers, Concessions, and Scholarships
Eligibility Criteria
The following categories of students are eligible for fee concessions or scholarships:
- SC/ST/PwD Students: Full waiver of tuition fees and 50% reduction in hostel charges.
- EWS Category: 25% reduction in all fees except tuition fee, which remains unchanged.
- MCM (Minority Community Member): 10% discount on tuition fee and 20% on hostel charges.
- Top Performers: Merit-based scholarships for students securing top ranks in JEE Advanced or JEE Main, ranging from 50% to 100% fee waiver based on performance.
Application Process
Students must submit an application form along with supporting documents (income certificate, category certificate, etc.) within the first week of admission. The scholarship committee reviews applications and notifies students within 10 working days.
Payment Procedures & Refund Policy
Payment Deadlines
All fees must be paid by the specified deadline, typically before the start of each semester. Late payments attract a penalty of 2% per month on the outstanding amount. Payment methods include online banking, NEFT/RTGS, credit/debit cards, and cash at the institution's cashier counter.
Late Fee Calculations
- 1-7 days: 2% penalty on outstanding fees
- 8-14 days: 4% penalty on outstanding fees
- 15+ days: 6% penalty on outstanding fees plus administrative charges
Refund Policy
If a student withdraws from the program, a refund of fees is processed according to the following schedule:
- Before 15 days of admission: Full refund minus administrative charges (INR 1000)
- Between 15-30 days: 90% refund
- Between 31-60 days: 75% refund
- After 60 days: No refund
Refund Processing Time
The refund process typically takes 30 working days after submission of the withdrawal form. Refunds are credited to the student's bank account using NEFT/RTGS mode, provided valid banking details are shared during admission.