Fee Structure Overview
The fee structure for the MBA program at Sri Gowri Degree And Pg College Visakhapatnam is designed to be transparent and affordable. The total cost of the program is divided into semesters, with each semester covering tuition, hostel, mess, and other fees.
Fee Component | Per Semester (INR) |
---|---|
Tuition Fee | 80000 |
Hostel Rent | 25000 |
Mess Advance | 15000 |
Student Benevolent Fund | 2000 |
Medical Fees | 1000 |
Gymkhana Fees | 1000 |
Examination Fees | 2000 |
The tuition fee covers all academic resources, including access to the library, online databases, and software tools. The hostel rent includes accommodation in a single or double-sharing room, with amenities such as Wi-Fi, laundry, and 24-hour security.
The mess advance is a one-time payment that covers the mess expenses for the entire semester. The advance is refundable at the end of the semester, subject to the actual expenses incurred. The student benevolent fund is a contribution towards the welfare of students, with funds used for scholarships, medical aid, and other student welfare activities.
Medical fees cover the cost of basic healthcare services provided by the college's medical center. The gymkhana fees support the maintenance of the college's sports facilities and recreational activities. Examination fees are charged for conducting end-of-semester examinations and other academic assessments.
Hostel & Mess Charges
Hostel and mess charges are structured to provide affordable accommodation and meals for students. The hostel offers single and double-sharing rooms with modern amenities. The mess billing system is transparent, with meals provided on a daily basis. Rebate policies are available for students who meet certain academic criteria or participate in extracurricular activities.
The hostel facilities include single-sharing rooms, double-sharing rooms, and common areas. The rooms are equipped with basic amenities such as beds, study tables, chairs, and wardrobes. The hostel also provides Wi-Fi, laundry services, and 24-hour security.
The mess system provides three meals a day, with options for vegetarian and non-vegetarian food. The meals are prepared by professional chefs and are served in a hygienic environment. The mess billing is done on a daily basis, with charges deducted from the student's mess advance.
Rebate policies are available for students who maintain a minimum CGPA of 8.0 or participate in extracurricular activities such as sports, cultural events, and academic competitions. The rebate is calculated based on the student's performance and participation.
Fee Waivers, Concessions, and Scholarships
Fee waivers and concessions are available for students from economically disadvantaged backgrounds. The eligibility criteria for these financial aids include income slabs, family size, and academic performance. The application process involves submitting the required documents and undergoing a verification process.
The income slabs for fee waivers are as follows: For families with an annual income of less than 2 lakhs, 50% fee waiver is available. For families with an annual income between 2 and 4 lakhs, 25% fee waiver is available. For families with an annual income between 4 and 6 lakhs, 10% fee waiver is available.
Concessions are available for students with disabilities, SC/ST/PwD categories, and EWS category. The concessions are based on the category and the student's academic performance. The application process involves submitting the required documents and undergoing a verification process.
Scholarships are available for meritorious students who have performed exceptionally well in their academic and extracurricular activities. The scholarships are awarded based on the student's performance and potential for future success. The application process involves submitting the required documents and undergoing an evaluation process.
Payment Procedures & Refund Policy
Payment procedures are straightforward, with online payment options available for all fee components. The payment deadlines are clearly communicated, and late fees are applicable for delayed payments. The refund policy is transparent, with refunds processed within a specified time frame upon withdrawal or completion of the program.
The payment process is managed through the college's online portal, where students can make payments using various payment methods such as credit card, debit card, net banking, and UPI. The portal also provides receipts and payment history for each transaction.
Payment deadlines are communicated well in advance, with reminders sent to students. Late fees are applicable for delayed payments, with the fee calculated based on the number of days of delay. The late fee is charged at a rate of 100 per day for delayed payments.
The refund policy is designed to be fair and transparent, with refunds processed within a specified time frame upon withdrawal or completion of the program. The refund is processed based on the student's academic performance and the reason for withdrawal. The refund is processed within 30 days of the withdrawal request.