Fee Structure Overview
The tuition fees at Shri Sad Vidya Mandal Institute of Technology are structured to provide quality education while remaining accessible to students from diverse economic backgrounds. The fee structure is divided into semesters and includes various components such as tuition, hostel charges, mess fees, and other miscellaneous expenses.
Semester | Tuition Fee (INR) | Hostel Fee (INR) | Mess Fee (INR) | Medical Fee (INR) | Other Fees (INR) | Total Fee (INR) |
---|---|---|---|---|---|---|
Semester 1 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 2 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 3 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 4 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 5 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 6 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 7 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
Semester 8 | 80000 | 30000 | 8000 | 2000 | 5000 | 125000 |
The total fee per annum for the entire course is approximately Rs. 10,00,000, which covers tuition, hostel, mess, medical, and other charges. This figure may vary slightly based on any updates or adjustments made by the institution.
Hostel & Mess Charges
SSVMIT provides comfortable accommodation facilities for students through its hostel system, ensuring a safe, hygienic, and conducive environment for learning and personal growth. Hostels are equipped with basic amenities including internet connectivity, laundry services, study rooms, and common areas.
The hostel charges vary depending on the type of room allocated:
- Single Occupancy Room: Rs. 30,000 per semester
- Double Occupancy Room: Rs. 25,000 per semester
- Triple Occupancy Room: Rs. 20,000 per semester
- Quad Occupancy Room: Rs. 18,000 per semester
Mess charges are inclusive of three meals daily and are set at Rs. 8,000 per semester for all students. The mess serves a variety of vegetarian meals prepared by professional chefs, ensuring nutritional balance and dietary diversity.
Return on Investment (ROI) Analysis
The Return on Investment (ROI) for SSVMIT is calculated based on the total fee paid over the course of four years compared to the average starting salary offered to graduates. The ROI analysis reveals a favorable return, especially considering the high placement rates and consistent growth in package offers.
Assuming an average annual fee of Rs. 125,000 for eight semesters, the total investment over four years amounts to Rs. 10,00,000. With an average package of Rs. 500,000 per year, students earn back their investment within two years post-graduation.
This ROI is further enhanced by factors such as:
- High placement percentages leading to early employment
- Access to internships and industry projects that improve employability
- Opportunities for higher education or entrepreneurship
- Alumni network providing career advancement opportunities
The ROI analysis demonstrates the value of investing in SSVMIT's engineering program, considering both short-term financial returns and long-term career prospects.