Fee Structure
The Bachelor of Commerce program at Sree Venkateswara Degree College Nellore has a well-defined fee structure that covers all aspects of the academic experience. The total fee for the entire program is approximately INR 80,000, which includes tuition fees, hostel charges, mess fees, and other miscellaneous expenses.
Head | Amount (INR) | Frequency |
---|---|---|
Tuition Fee | 60,000 | Per Year |
Hostel Rent | 10,000 | Per Year |
Mess Advance | 5,000 | Per Year |
Student Benevolent Fund | 1,000 | Per Year |
Medical Fees | 2,000 | Per Year |
Gymkhana Fees | 500 | Per Year |
Examination Fees | 1,000 | Per Year |
Other Charges | 500 | Per Year |
The tuition fee is the largest component of the total fee and covers the cost of instruction, academic resources, and infrastructure. The hostel rent includes accommodation and basic amenities such as electricity, water, and internet. The mess advance covers the cost of meals and is adjusted at the end of the academic year based on consumption.
Hostel & Mess Charges
The college provides hostel facilities for students, with different room types and amenities to suit various preferences and budgets. The hostel charges are as follows:
- Single Occupancy Room: INR 10,000 per year
- Double Occupancy Room: INR 8,000 per year
- Triple Occupancy Room: INR 6,000 per year
The mess charges are fixed at INR 5,000 per year, which includes three meals per day. The mess billing system is transparent, with bills generated monthly and adjusted at the end of the academic year based on actual consumption. Students can opt for different meal plans and can request adjustments for special dietary requirements.
The college also provides additional amenities such as Wi-Fi, laundry services, and 24/7 security. The hostel charges are inclusive of all these services, ensuring a comfortable and secure living environment for students.
Fee Waivers, Concessions, and Scholarships
The college offers various financial assistance options to ensure that deserving students can access quality education without financial strain. These include fee waivers, concessions, and scholarships for students from economically disadvantaged backgrounds.
The eligibility criteria for fee waivers and concessions are as follows:
- SC/ST/PwD: 50% fee waiver
- EWS: 25% fee waiver
- MCM: 10% fee waiver
Students must submit the required documents, including income certificates, caste certificates, and disability certificates, to apply for fee waivers and concessions. The application process is straightforward, and the college provides detailed guidance to help students navigate the procedure.
In addition to fee waivers and concessions, the college also offers scholarships for meritorious students. These scholarships are awarded based on academic performance and are available for students who have secured a minimum of 80% in their qualifying examination. The scholarship amount ranges from INR 10,000 to INR 50,000 per year, depending on the student's performance and financial need.
Payment Procedures & Refund Policy
The payment of fees is done through online banking, NEFT, or demand draft. The college provides a detailed payment guide to help students understand the process and avoid any inconvenience. Students are required to pay the fees before the start of the academic year, and late payments attract a penalty of INR 500 per month.
The refund policy is designed to be fair and transparent. Students who withdraw from the college after the commencement of the academic year are eligible for a refund of the fees paid, subject to the deduction of administrative charges. The refund process is completed within 30 days of the withdrawal, and the amount is credited to the student's bank account.
For students who have applied for fee waivers and concessions, the refund process is slightly different. The refund is processed after the verification of documents and is subject to the approval of the college authorities. The refund amount is credited to the student's bank account within 45 days of the withdrawal.
The college also provides financial assistance to students who face unexpected financial difficulties during the academic year. This includes emergency loans and grants that are provided based on the student's need and the college's financial capacity.
Overall, the fee structure at Sree Venkateswara Degree College Nellore is designed to be affordable and accessible, with various financial assistance options to support students from all backgrounds. The college is committed to ensuring that quality education is available to all, regardless of financial constraints.