Fee Structure Overview
The fee structure for Shri Ram College of Commerce is designed to provide quality education while ensuring affordability. The total cost includes tuition fees, hostel charges, mess charges, and other miscellaneous expenses. Students are required to pay the fees on a semester-wise basis, with detailed breakdowns provided at the beginning of each academic year.
| Head | Semester 1 (INR) | Semester 2 (INR) | Total (INR) |
|---|---|---|---|
| Tuition Fee | 40,000 | 40,000 | 80,000 |
| Hostel Fee | 15,000 | 15,000 | 30,000 |
| Mess Fee | 10,000 | 10,000 | 20,000 |
| Medical Fee | 1,000 | 1,000 | 2,000 |
| Other Fees | 5,000 | 5,000 | 10,000 |
| Total | 71,000 | 71,000 | 142,000 |
Hostel & Mess Charges
The hostel facilities at SRCC are designed to provide a comfortable and conducive environment for learning. Hostel charges vary depending on the type of accommodation chosen by the student. The college offers both single and double occupancy rooms with basic amenities such as beds, study tables, wardrobes, and internet connectivity.
Hostel charges include utilities like electricity, water, and maintenance services. Students are also required to pay a security deposit upon admission, which is refundable at the end of their stay if no damage is caused to the property. The hostel management ensures cleanliness, safety, and security through 24-hour surveillance and regular inspections.
Mess charges cover meals for all days of the week, including breakfast, lunch, and dinner. The mess is managed by experienced staff who ensure hygiene standards are maintained. Meals are nutritious and balanced, catering to diverse dietary preferences including vegetarian and non-vegetarian options.
Return on Investment (ROI) Analysis
The return on investment for studying at SRCC can be assessed through the average package offered to students upon graduation. With an average starting salary of 12 lakh INR, students typically recoup their educational investment within 6-7 years based on current placement trends.
For instance, if a student pays a total fee of 142,000 per semester for two semesters, the overall cost comes to 284,000 INR. Considering an average package of 12 lakh INR, the ROI is approximately 8.5 times the initial investment. This ratio indicates that students are likely to see a significant return on their educational expenditure.
Additionally, many graduates continue to receive raises and promotions due to their strong foundation in commerce and management. Over time, this leads to exponential growth in earning potential, further enhancing the ROI of the investment made in SRCC.
Financial Support Mechanisms
SRCC recognizes that not all students can afford the full cost of education and therefore offers various financial support mechanisms. These include scholarships, loans, and payment plans to ensure that deserving students are not deprived of quality education due to financial constraints.
The college has partnerships with banks and financial institutions to facilitate student loans at competitive interest rates. Additionally, there are several merit-based and need-based scholarship schemes available to assist financially disadvantaged students in completing their studies.
Additional Expenses
Besides tuition and hostel charges, students may incur additional expenses for books, stationery, transportation, and personal needs. The college provides a list of recommended textbooks and resources to help students manage these costs effectively.
Transportation expenses are minimal due to the college's proximity to major public transport hubs. However, students who wish to commute from far distances may need to account for travel costs. Personal expenses such as clothing, entertainment, and social activities are also part of the overall budget, though these vary according to individual preferences.
Payment Flexibility
To accommodate different financial situations, SRCC offers flexible payment options for tuition fees. Students can opt for installment plans or even request deferred payments under certain conditions. The finance department handles all queries related to fee payments and ensures transparency in the process.
The college also has a system in place to track and manage student finances, ensuring timely payments and preventing any issues related to outstanding dues. This proactive approach helps maintain a smooth financial ecosystem for both students and the institution.