Fee Structure Overview
The fee structure for the MBA program at Sri Nagarjuna Arts And Science College Prakasam is designed to be transparent and affordable. The following table provides a detailed breakdown of the fees for the entire program duration, broken down per semester:
| Fee Component | Per Semester (INR) | Total (INR) |
|---|---|---|
| Tuition Fee | 100000 | 200000 |
| Hostel Rent | 20000 | 40000 |
| Mess Advance | 15000 | 30000 |
| Student Benevolent Fund | 5000 | 10000 |
| Medical Fees | 3000 | 6000 |
| Gymkhana Fees | 2000 | 4000 |
| Examination Fees | 2000 | 4000 |
| Other Charges | 1000 | 2000 |
| Total | 147000 | 294000 |
Fee Component Details
Tuition Fee
The tuition fee covers the cost of instruction, including faculty salaries, academic resources, and administrative support. It is payable per semester and is subject to annual revision based on institutional needs.
Hostel Rent
Hostel rent covers accommodation and maintenance of the campus hostel facilities. The hostel provides comfortable living conditions with amenities such as Wi-Fi, laundry services, and 24/7 security.
Mess Advance
The mess advance covers the cost of meals provided in the campus cafeteria. Students are required to pay an advance for the entire academic year, which is adjusted at the end of the year based on actual consumption.
Student Benevolent Fund
The student benevolent fund supports students in need through financial assistance and scholarships. Contributions are made to this fund to ensure that no student is deprived of education due to financial constraints.
Medical Fees
Medical fees cover the cost of medical services provided by the college's health center. Students have access to basic medical care and emergency services during their stay at the college.
Gymkhana Fees
The gymkhana fees cover the cost of maintaining the college's gymnasium and sports facilities. Students can access these facilities for physical fitness and recreational activities.
Examination Fees
Examination fees cover the cost of conducting semester-end and annual examinations. These fees are charged per semester and are used to ensure the quality and integrity of the examination process.
Other Charges
Other charges include miscellaneous fees such as library fees, computer lab fees, and event participation fees. These charges are minimal and are used to support various academic and extracurricular activities.
Hostel & Mess Charges
The hostel facilities at Sri Nagarjuna Arts And Science College Prakasam are designed to provide a comfortable and conducive environment for students. The hostel offers various room types, including single, double, and triple occupancy rooms. Each room is equipped with basic amenities such as beds, study tables, wardrobes, and Wi-Fi connectivity.
The mess billing system is straightforward and transparent. Students are required to pay an advance for the entire academic year, which is adjusted at the end of the year based on actual consumption. The mess provides a variety of food options, including vegetarian and non-vegetarian meals, to cater to diverse dietary preferences.
Rebate policies are available for students who are unable to use the hostel or mess facilities for a specific period due to valid reasons such as illness or travel. These rebates are processed after verification of the reason and are adjusted in the next billing cycle.
Fee Waivers, Concessions, and Scholarships
The college offers various fee waivers, concessions, and scholarships to support students from economically disadvantaged backgrounds. The eligibility criteria for these financial aids are as follows:
- SC/ST/PwD candidates: 100% fee waiver
- EWS candidates: 50% fee waiver
- MCM (Minority Community Members): 25% fee concession
Students who qualify for fee waivers or concessions must submit the necessary documentation, including caste certificates, income certificates, and disability certificates, to the finance department. The application process is straightforward and can be completed online through the college portal.
Payment Procedures & Refund Policy
Payments for fees must be made through online banking, NEFT, or demand draft. Students are required to complete the payment within the stipulated deadline to avoid late fees. Late fees are calculated at 1% per month on the outstanding amount.
The refund policy is applicable in cases of withdrawal from the program. Students who withdraw from the program are eligible for a refund of fees, subject to certain deductions. The refund process is initiated after the completion of the withdrawal formalities and is processed within 30 days.
Students who are unable to pay the fees on time must contact the finance department to discuss the payment plan. The college offers flexible payment options to ensure that students can complete their education without financial stress.