Fees Overview
The Sigma University Vadodara Management program offers a transparent and affordable fee structure, designed to provide value for money while ensuring quality education. The total cost for the two-year program is ₹12 lakhs, with each semester costing ₹6 lakhs.
Fee Structure
The following table provides a detailed breakdown of the fee structure for the entire program duration, broken down per semester:
| Fee Component | Per Semester (₹) | Annual (₹) |
|---|---|---|
| Tuition Fee | 4,00,000 | 8,00,000 |
| Hostel Rent | 1,00,000 | 2,00,000 |
| Mess Advance | 50,000 | 1,00,000 |
| Student Benevolent Fund | 10,000 | 20,000 |
| Medical Fees | 5,000 | 10,000 |
| Gymkhana Fees | 5,000 | 10,000 |
| Examination Fees | 10,000 | 20,000 |
| Other Charges | 20,000 | 40,000 |
Fee Components
Each fee component serves a specific purpose and contributes to the overall educational experience:
- Tuition Fee: Covers access to all academic resources, including libraries, laboratories, and online learning platforms.
- Hostel Rent: Includes accommodation, utilities, and basic amenities.
- Mess Advance: Covers the cost of meals for the semester, with the option to adjust the advance based on actual consumption.
- Student Benevolent Fund: Supports students in need and contributes to the university's community development initiatives.
- Medical Fees: Covers basic medical services and health check-ups for students.
- Gymkhana Fees: Supports sports and recreational activities on campus.
- Examination Fees: Covers the cost of conducting examinations and evaluating student performance.
- Other Charges: Includes miscellaneous fees such as registration fees, library fines, and administrative costs.
Hostel & Mess Charges
The hostel charges are designed to provide comfortable and affordable accommodation for students. The university offers different room types, including single, double, and triple occupancy rooms, each with basic amenities such as beds, study tables, and wardrobes.
The mess billing system is transparent and efficient, with monthly updates on expenses and adjustments based on actual consumption. Students can opt for different meal plans, and the mess advance is adjusted accordingly.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waivers and concessions for students from economically disadvantaged backgrounds. The eligibility criteria for these financial aid options are based on income slabs, with detailed documentation required for verification.
Students can apply for scholarships through the university's financial aid portal, with applications reviewed by a dedicated committee. The scholarship program covers a wide range of categories, including SC/ST/PwD, EWS, and MCM, with specific benefits for each category.
Payment Procedures & Refund Policy
Payment procedures are straightforward, with multiple options available for online and offline payments. The university also provides a detailed guide on payment deadlines and late fee calculations, ensuring that students can manage their finances effectively.
The refund policy is clearly defined, with refunds processed within 30 days of withdrawal from the program. Students are required to submit a formal application for refund, along with necessary documentation, to ensure a smooth and timely refund process.
Financial Assistance
For students who require financial assistance, the university provides a comprehensive support system, including loans and grants. The financial aid office offers guidance and support to students throughout the application process, ensuring that they can access the resources they need to complete their education.