Fee Structure Overview
The fee structure for the M.Com program at Sree Venkateswara Degree College Nellore is designed to be transparent and affordable, ensuring that students receive quality education without financial burden. The fees are subject to change based on the university's guidelines and may vary for different categories of students. The fee structure includes tuition fees, hostel charges, mess charges, and other administrative fees.
Fee Structure Breakdown
The following table provides a detailed breakdown of the fee structure for the M.Com program at Sree Venkateswara Degree College Nellore:
| Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | 30000 | 20000 | 10000 | 500 | 2000 | 1000 | 1000 | 64500 |
| 2 | 30000 | 20000 | 10000 | 500 | 2000 | 1000 | 1000 | 64500 |
| 3 | 30000 | 20000 | 10000 | 500 | 2000 | 1000 | 1000 | 64500 |
| 4 | 30000 | 20000 | 10000 | 500 | 2000 | 1000 | 1000 | 64500 |
Fee Components Explanation
Tuition Fee
The tuition fee covers the cost of instruction, academic resources, and access to the college's facilities. The fee is charged per semester and includes access to the library, computer lab, and other academic resources. The tuition fee is subject to change based on the university's guidelines and may vary for different categories of students.
Hostel Rent
The hostel rent covers accommodation in the college-hostel facilities. The hostel provides comfortable and secure accommodation for students. The rent is charged per semester and includes basic amenities such as beds, tables, and wardrobes. The hostel also provides 24/7 security and maintenance services.
Mess Advance
The mess advance covers the cost of meals provided in the college cafeteria. The mess advance is charged per semester and includes daily meals for the entire semester. The mess provides nutritious and hygienic food to students, with a variety of options to cater to different dietary preferences.
Student Benevolent Fund
The student benevolent fund is a contribution towards the welfare of students and helps in providing support for emergencies and special needs. The fund is used to assist students in financial distress and to support special events and activities organized by the college.
Medical Fees
The medical fees cover the cost of medical services provided by the college's medical center. The medical center provides basic medical care and emergency services to students. The fees are charged per semester and include consultations, medicines, and basic treatments.
Gymkhana Fees
The gymkhana fees cover the cost of maintaining the college's sports and recreational facilities. The fees provide access to sports facilities, including gyms, courts, and playgrounds. The fees also support the organization of sports events and activities.
Examination Fees
The examination fees cover the cost of conducting semester-end examinations and other academic assessments. The fees are charged per semester and include the cost of question papers, evaluation, and result processing.
Hostel & Mess Charges
Hostel Room Types
The college provides different types of hostel rooms to accommodate students based on their preferences and requirements. The hostel rooms are categorized as:
- Single Occupancy Room
- Double Occupancy Room
- Triple Occupancy Room
- Four Occupancy Room
The charges for different room types vary based on the amenities provided and the level of comfort. The college ensures that all rooms are well-maintained and equipped with essential amenities.
Mess Billing System
The mess billing system at Sree Venkateswara Degree College Nellore is designed to provide students with nutritious and hygienic meals. The mess charges are collected in advance and are based on the number of meals consumed. The billing system includes:
- Daily meal charges
- Monthly billing
- Advance payment options
- Rebate policies
The mess provides a variety of food options to cater to different dietary preferences and requirements. The meals are prepared in hygienic conditions and are monitored by qualified staff.
Rebate Policies
The college offers rebate policies for students who meet certain criteria. The rebate policies include:
- Full rebate for students with valid medical certificates
- Partial rebate for students with special needs
- Rebate for students who have completed their course
- Rebate for students who are absent due to valid reasons
The rebate policies are reviewed periodically and are subject to change based on the college's guidelines.
Fee Waivers, Concessions, and Scholarships
Eligibility Criteria
The college offers various fee waivers, concessions, and scholarships to students based on their financial background and academic performance. The eligibility criteria for these financial aids include:
- Income slabs for SC/ST/PwD candidates
- Academic performance and merit
- Special circumstances and need-based criteria
- Parental income and family size
The college maintains a transparent process for evaluating applications and disbursing financial aid.
Benefits and Application Process
The benefits of fee waivers, concessions, and scholarships include:
- Reduction in tuition fees
- Waiver of hostel and mess charges
- Financial assistance for special needs
- Support for academic and extracurricular activities
The application process involves filling out forms and submitting supporting documents. The college evaluates applications based on the eligibility criteria and disburses the financial aid accordingly.
Payment Procedures & Refund Policy
Payment Deadlines
The college has established payment deadlines for various fees to ensure timely processing and avoid any inconvenience. The deadlines are:
- Tuition fee payment deadline: 10th of the month
- Hostel rent payment deadline: 15th of the month
- Mess advance payment deadline: 5th of the month
- Other fees payment deadline: 20th of the month
Failure to meet the deadlines may result in late fees and penalties.
Late Fee Calculations
The college charges late fees for payments made after the specified deadlines. The late fees are calculated as follows:
- For tuition fees: 5% per month
- For hostel rent: 3% per month
- For mess advance: 2% per month
- For other fees: 4% per month
The late fees are collected to ensure timely payment and to maintain the financial stability of the college.
Refund Rules
The college has established refund rules for students who withdraw from the program or are unable to complete the course. The refund rules include:
- Full refund for students who withdraw before the start of the semester
- Partial refund for students who withdraw during the semester
- Refund of hostel charges for students who vacate the hostel
- Refund of mess charges for students who do not consume meals
The refund process is conducted in accordance with the university's guidelines and the college's policies.