Fee Structure
The fee structure for the Masters Of Commerce program at Sri Nagarjuna Arts And Science College Prakasam is designed to be transparent and affordable. The total cost for the two-year program is ₹120,000, which is divided into semesters. The following table provides a detailed breakdown of the fees:
| Fee Component | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Total |
|---|---|---|---|---|---|
| Tuition Fee | ₹40,000 | ₹40,000 | ₹40,000 | ₹40,000 | ₹160,000 |
| Hostel Rent | ₹10,000 | ₹10,000 | ₹10,000 | ₹10,000 | ₹40,000 |
| Mess Advance | ₹5,000 | ₹5,000 | ₹5,000 | ₹5,000 | ₹20,000 |
| Student Benevolent Fund | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹4,000 |
| Medical Fees | ₹500 | ₹500 | ₹500 | ₹500 | ₹2,000 |
| Gymkhana Fees | ₹500 | ₹500 | ₹500 | ₹500 | ₹2,000 |
| Examination Fees | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹4,000 |
| Total | ₹58,000 | ₹58,000 | ₹58,000 | ₹58,000 | ₹232,000 |
The tuition fee is the primary component of the program cost, covering instruction, course materials, and administrative services. The hostel rent provides accommodation for students, while the mess advance covers meals for the semester. The student benevolent fund supports students in need, and medical fees cover basic healthcare services. Gymkhana fees contribute to the development of sports and recreational activities on campus.
Hostel & Mess Charges
The college provides hostel facilities for students, with different room types available based on preferences and availability. The following are the details of hostel charges:
- Single Occupancy Room: ₹10,000 per semester
- Double Occupancy Room: ₹8,000 per semester
- Triple Occupancy Room: ₹6,000 per semester
The mess charges are inclusive of three meals a day, with a monthly advance of ₹5,000 per semester. The mess is well-maintained and offers a variety of food options to cater to different dietary preferences. Rebate policies are available for students who do not require meals for a certain period, ensuring that fees are adjusted accordingly.
Fee Waivers, Concessions, and Scholarships
The college offers various fee waivers and concessions to eligible students. The following are the eligibility criteria and benefits for different categories:
SC/ST/PwD
Candidates belonging to SC, ST, or PwD categories are eligible for a 50% fee waiver on tuition fees. The waiver is subject to verification of relevant certificates and documentation.
EWS
Candidates from the Economically Weaker Section (EWS) category are eligible for a 25% fee concession on tuition fees. The concession is based on the income certificate issued by the competent authority.
MCM
Meritorious candidates who have secured a rank in the top 10% of their qualifying examination are eligible for a 10% fee concession. The concession is awarded based on academic performance and is subject to verification.
The application process for fee waivers and concessions involves submitting the necessary documents and forms to the finance department. The college ensures that the process is transparent and accessible to all eligible students.
Payment Procedures & Refund Policy
Payments for the program can be made through online banking, credit/debit cards, or demand drafts. The college provides a detailed payment schedule, with deadlines for each installment. Late payments attract a penalty of ₹500 per day, and students are advised to make timely payments to avoid any inconvenience.
In case of withdrawal from the program, the refund policy is as follows:
- Withdrawal before 15 days of the start of the semester: Full refund of tuition fee
- Withdrawal between 15-30 days of the start of the semester: 75% refund of tuition fee
- Withdrawal after 30 days of the start of the semester: No refund of tuition fee
The refund process is initiated within 30 days of the withdrawal request, subject to verification of documents and compliance with the college's policies. Students are advised to consult the finance department for detailed information on the refund process and related procedures.