Fee Structure
The total fee for the International Business program at Satyendra Chandra Guria Institute Of Management Andtechnology is Rs. 12,00,000 over four years. This includes all components of the academic and residential expenses. The fee structure is divided into semesters, with each semester's cost clearly outlined below.
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees |
|---|---|---|---|---|---|---|---|
| 1st | 300000 | 50000 | 25000 | 2000 | 1000 | 500 | 2000 |
| 2nd | 300000 | 50000 | 25000 | 2000 | 1000 | 500 | 2000 |
| 3rd | 300000 | 50000 | 25000 | 2000 | 1000 | 500 | 2000 |
| 4th | 300000 | 50000 | 25000 | 2000 | 1000 | 500 | 2000 |
Detailed Breakdown of Fee Components
Tuition Fee: This covers the cost of instruction, laboratory sessions, and academic resources. The fee is fixed for the entire duration of the program and includes access to all digital learning platforms.
Hostel Rent: Accommodation charges vary depending on room type (single, double, triple sharing). Students can choose between air-conditioned and non-air-conditioned rooms at different rates. Hostel facilities include 24/7 security, Wi-Fi connectivity, and common areas for study and relaxation.
Mess Advance: This is a monthly advance payment towards meals provided by the campus cafeteria. The mess billing system is transparent and includes options for dietary preferences such as vegetarian, non-vegetarian, and special diets.
Student Benevolent Fund: A nominal fee contributes to the welfare of students, covering emergency assistance, scholarships, and extracurricular activities.
Medical Fees: Covers basic medical services and consultations within the campus health center. Students are encouraged to maintain health insurance for comprehensive coverage.
Gymkhana Fees: Supports physical fitness programs, sports equipment maintenance, and cultural events organized by student clubs.
Examination Fees: Covers administrative costs associated with conducting internal and external examinations, including grading, result processing, and transcript generation.
Hostel & Mess Charges
The hostel facility at Satyendra Chandra Guria Institute Of Management Andtechnology offers modern amenities designed to support student comfort and academic success. Hostels are equipped with study rooms, common areas, laundry facilities, and 24/7 security.
Room Types
- Single Sharing: Rs. 10,000 per semester
- Double Sharing: Rs. 5,000 per semester
- Triple Sharing: Rs. 3,333 per semester
Mess Billing System
The mess billing system operates on a monthly basis, with students paying in advance for the upcoming month. The system includes options for dietary preferences and provides detailed bills at the end of each month.
Rebate Policies
Students can avail of rebates during holidays or special occasions such as Diwali and New Year. The rebate policy is designed to ensure fairness and transparency in billing adjustments.
Fee Waivers, Concessions, and Scholarships
The institute provides several financial aid options for meritorious students from economically disadvantaged backgrounds.
Eligibility Criteria
- SC/ST/PwD: Students belonging to SC/ST categories or those with disabilities receive a 100% waiver on tuition fees and 50% concession on hostel charges.
- EWS: Students from economically weaker sections receive a 50% waiver on tuition fees and 25% concession on hostel charges.
- MCM (Minority Community Members): Students from minority communities are eligible for partial fee concessions based on their financial status.
Scholarship Benefits
Students who qualify for scholarships receive additional benefits such as monthly stipends, access to exclusive study materials, and priority in internships and placements.
Application Process
Candidates must submit an application form along with supporting documents such as income certificates, caste certificates, and medical reports. The selection committee reviews applications based on merit and need.
Payment Procedures & Refund Policy
All fees must be paid within the specified deadlines to avoid late fees and penalties. The institute provides multiple payment modes including online banking, credit/debit cards, and NEFT/RTGS transfers.
Payment Deadlines
- First Semester: Before the start of classes (July 15th)
- Subsequent Semesters: Within one week of semester commencement
Late Fee Calculations
A late fee of Rs. 500 per day is charged for delayed payments beyond the deadline. The maximum late fee allowed is Rs. 5,000 per semester.
Refund Policy
If a student withdraws from the program before the end of the first semester, a refund of 90% of the paid fees will be processed after deducting administrative charges. Withdrawals after the first semester are subject to different policies based on the reason for withdrawal.