Fee Structure Overview
The Bachelor of Commerce program at Sri Sai Chaitanya Degree College Prakasam has a comprehensive fee structure that covers tuition, hostel, mess, and other essential charges. The fees are designed to be transparent and affordable, with various financial aid options available for eligible students.
The total fee for the entire program is approximately 150,000 INR, which is divided into semesters. The fee structure includes tuition fees, hostel charges, mess advance, and other charges such as medical fees, gymkhana fees, and examination fees.
Fee Structure Breakdown
The following table provides a detailed breakdown of the fee structure for the Bachelor of Commerce program:
| Fee Head | Amount (INR) |
|---|---|
| Tuition Fee | 80000 |
| Hostel Rent | 30000 |
| Mess Advance | 20000 |
| Student Benevolent Fund | 2000 |
| Medical Fees | 1000 |
| Gymkhana Fees | 1000 |
| Examination Fees | 1000 |
| Other Charges | 5000 |
| Total | 150000 |
Hostel & Mess Charges
The college provides hostel facilities for students, with various room types available to accommodate different needs. The hostel charges are inclusive of basic amenities such as bedding, Wi-Fi, and security. The mess charges are calculated based on the number of meals provided and are subject to periodic adjustments.
Room Types
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, and wardrobes. The rooms are maintained to ensure a comfortable living environment for students.
Mess Billing System
The mess billing system is designed to be transparent and efficient. Students are required to pay a monthly advance for mess charges, which is adjusted based on the number of meals consumed. The mess charges are typically revised every semester based on the cost of living and inflation.
Rebate Policies
Students who are from economically weaker sections are eligible for rebates on hostel and mess charges. The rebate policies are designed to ensure that financial constraints do not hinder a student's education. The rebate amount varies based on the income slab of the student's family.
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 based on the income slab of the student's family and other factors such as academic performance and social background.
Eligibility Criteria
The eligibility criteria for fee waivers and scholarships are as follows:
- SC/ST/PwD candidates are eligible for full fee waivers.
- EWS candidates with an annual income below 6 lakh are eligible for 50% fee concession.
- MCM (Minority Community Students) candidates are eligible for 25% fee concession.
- Students with a minimum of 80% aggregate marks in 12th grade are eligible for a 10% scholarship.
Application Process
Students who wish to apply for fee waivers, concessions, or scholarships must submit an application form along with supporting documents such as income certificates, caste certificates, and academic records. The application process is conducted online, and the application forms are available on the college website.
Payment Procedures & Refund Policy
The payment procedures for the Bachelor of Commerce program are designed to be convenient and secure. Students can make payments online through the college's payment gateway or through bank transfers. The payment deadlines are clearly communicated to students to ensure timely processing.
Payment Deadlines
Students are required to pay the fees by the specified deadlines, which are usually a few days before the start of each semester. Late payments are subject to a penalty, which is calculated based on the number of days of delay.
Refund Policy
The refund policy of the college is designed to be fair and transparent. In case of withdrawal from the program, students are eligible for a refund of fees based on the number of days they have attended classes. The refund process is initiated after the submission of the withdrawal application and the necessary documentation.
Repayment of Fees
Students who have availed fee waivers or concessions are required to repay the fees in case they fail to complete the program or are found to have provided false information during the application process. The repayment terms are clearly communicated to students at the time of admission.
Additional Charges
In addition to the regular fees, students may be required to pay additional charges for specific activities such as laboratory experiments, internships, and extracurricular activities. These charges are clearly mentioned in the fee structure and are subject to change based on the requirements of the program.
One-Time Charges
One-time charges include application fees, registration fees, and examination fees. These charges are typically paid at the time of admission and are non-refundable.
Recurring Charges
Recurring charges include hostel rent, mess charges, and other monthly fees. These charges are paid on a monthly basis and are adjusted based on the number of days the student stays in the hostel.
Special Charges
Special charges may be levied for specific activities such as participation in competitions, workshops, and seminars. These charges are typically nominal and are designed to support the college's initiatives and activities.
Financial Aid for Economically Disadvantaged Students
The college is committed to ensuring that financial constraints do not hinder a student's education. Various financial aid options are available to support students from economically disadvantaged backgrounds, including:
- Fee waivers for SC/ST/PwD candidates
- Concessions for EWS candidates
- Scholarships for meritorious students
- Student loans from banks
- Part-time job opportunities on campus
The college also collaborates with local banks to provide student loans at favorable interest rates, making higher education accessible to all students.
Conclusion
The fee structure of the Bachelor of Commerce program at Sri Sai Chaitanya Degree College Prakasam is designed to be affordable and transparent. The college ensures that students receive quality education without financial stress, through various financial aid options and support systems. The fee structure is regularly reviewed and updated to reflect the changing needs of the program and the economy.