Fee Structure Overview
The fee structure for the Operations Management program at Sanghvi Institute of Management and Science PGDM is designed to be transparent, affordable, and inclusive. It covers tuition, accommodation, meals, and other essential services required throughout the duration of the course.
Component-wise Fee Breakdown
Fee Head | Per Semester (₹) | Annual Total (₹) |
---|---|---|
Tuition Fee | 150,000 | 300,000 |
Hostel Rent | 40,000 | 80,000 |
Mess Advance | 20,000 | 40,000 |
Student Benevolent Fund | 5,000 | 10,000 |
Medical Fees | 3,000 | 6,000 |
Gymkhana Fees | 2,000 | 4,000 |
Examination Fees | 3,000 | 6,000 |
Total Per Semester | 223,000 | 446,000 |
Detailed Fee Explanation
- Tuition Fee: Covers instruction, learning materials, and access to academic resources including online databases and library services.
- Hostel Rent: Includes accommodation in campus hostels with shared facilities such as common rooms, laundry services, and security.
- Mess Advance: Covers monthly meal expenses, with flexible billing options for students who prefer to manage their own dining arrangements.
- Student Benevolent Fund: A small contribution towards student welfare activities, cultural events, and emergency assistance programs.
- Medical Fees: Provides access to on-campus medical facilities and health checkups for enrolled students.
- Gymkhana Fees: Supports physical fitness activities, sports equipment maintenance, and recreational facilities available to all students.
- Examination Fees: Covers costs associated with conducting semester-end exams, including question paper preparation and evaluation processes.
Hostel & Mess Charges
Sanghvi offers multiple room types in its hostels to accommodate different preferences and budgets:
- Single Occupancy Rooms: ₹40,000 per semester, featuring private bathrooms and individual study spaces.
- Double Occupancy Rooms: ₹35,000 per semester, with shared bathroom facilities and common areas for social interaction.
- Triple Occupancy Rooms: ₹30,000 per semester, ideal for students looking to save on accommodation costs while sharing basic amenities.
The mess billing system operates monthly with fixed charges based on meal consumption. Rebate policies are available for students who miss meals due to valid reasons such as illness or travel. Additional services like room service and late-night snacks can be availed at an extra charge.
Fee Waivers, Concessions, and Scholarships
Sanghvi recognizes the financial constraints of some students and offers various forms of assistance:
- Income Slab Criteria: Students from families with annual income below ₹4 lakh are eligible for full fee waivers. Those earning between ₹4 lakh and ₹8 lakh receive partial concessions.
- Category-wise Benefits: SC/ST/PwD students, EWS category candidates, and MCM (Minority Community Members) are entitled to specific discounts ranging from 50% to 100% depending on their eligibility.
- Application Process: Interested students must submit required documents including income certificates, caste certificates (if applicable), and medical reports if claiming PwD benefits. Applications are reviewed by the Financial Aid Committee for approval.
Payment Procedures & Refund Policy
All fees must be paid within 10 days of admission or before the start of each semester. Late payments incur a penalty of ₹5,000 per day until full payment is received.
In case of withdrawal from the program, refund policies are as follows:
- Within First Month: 100% refund minus administrative charges of ₹5,000.
- After One Month but Before Three Months: 75% refund with no administrative charges.
- After Three Months: No refunds are processed after this period.
Refunds are credited to the student's bank account within 30 working days of approval. Students must submit a written request along with supporting documents for refund processing.