Fee Structure Overview
The total cost of pursuing the Entrepreneurship program at SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE PGDM includes various components, each contributing to the overall financial investment required by students. The fee structure is designed to cover academic, administrative, and infrastructure-related expenses.
| Component | Amount (INR) |
|---|---|
| Tuition Fee (Per Semester) | 500,000 |
| Hostel Rent (Per Semester) | 200,000 |
| Mess Advance (Per Semester) | 150,000 |
| Student Benevolent Fund (One-Time) | 10,000 |
| Medical Fees (Per Semester) | 5,000 |
| Gymkhana Fees (Per Semester) | 2,000 |
| Examination Fees (Per Semester) | 3,000 |
| Total Per Semester | 870,000 |
| Total Per Academic Year | 1,740,000 |
| Total For Two Years | 3,480,000 |
Fee Component Details
Each component of the fee structure serves a specific purpose and contributes to the overall student experience:
- Tuition Fee: Covers instruction costs, library access, laboratory usage, and other academic resources.
- Hostel Rent: Includes accommodation in campus-hostels with shared facilities and security services.
- Mess Advance: Prepaid meals provided through the campus cafeteria, ensuring consistent nutrition for students.
- Student Benevolent Fund: A one-time contribution used for scholarships, emergency assistance, and welfare programs.
- Medical Fees: Covers basic healthcare services at the university's medical center.
- Gymkhana Fees: Supports sports activities, fitness centers, and recreational facilities on campus.
- Examination Fees: Covers administrative costs associated with conducting exams and assessments.
Hostel & Mess Charges
The university offers multiple hostel options to accommodate different preferences and budgets:
- Single Occupancy Rooms: Rs. 150,000 per semester for private rooms with attached bathrooms.
- Double Occupancy Rooms: Rs. 100,000 per semester for shared rooms with common bathrooms.
- Triple Occupancy Rooms: Rs. 75,000 per semester for triple-sharing arrangements.
Mess charges are fixed at Rs. 150,000 per semester and include three meals daily. Rebate policies are available for students who opt out of the mess system or take leave during certain periods.
Fee Waivers, Concessions, and Scholarships
The university provides several financial aid options to ensure accessibility and support for deserving students:
- SC/ST/PwD Category: Eligible students receive a 50% concession on tuition fees and full waiver on hostel charges.
- EWS Category: A 25% discount on tuition fees and partial concession on hostel charges.
- MCM (Minority Community): Full waiver on tuition fees and reduced hostel charges based on income criteria.
Income slabs for eligibility are as follows:
- Below Rs. 2,00,000: 100% concession
- Rs. 2,00,000 - Rs. 5,00,000: 75% concession
- Rs. 5,00,000 - Rs. 10,00,000: 50% concession
Applications for fee waivers and concessions must be submitted within the first month of admission, accompanied by necessary documents such as income certificates, caste certificates, and Aadhaar cards.
Payment Procedures & Refund Policy
Payments are made through online banking or NEFT transfers to the university’s designated account. Students are expected to complete payments before the deadline to avoid late fees and penalties.
Late payments attract a fee of Rs. 1,000 per day until the dues are cleared. Refund policies apply in cases of withdrawal from the program, with refunds processed within 30 days after submission of all required documentation.
Refund eligibility depends on factors such as course completion status, academic performance, and adherence to university regulations. Students must submit a formal request along with supporting documents for consideration.