Fee Structure
The fee structure for the Masters Of Commerce program at Sri Subbaiah Degree College Anantapur is designed to be transparent and affordable, with a detailed breakdown of all components to ensure that students understand the total cost of their education. The total fee for the two-year program is INR 120,000, with the breakdown provided below:
| Component | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 80000 | Per Year |
| Hostel Rent | 20000 | Per Year |
| Mess Advance | 10000 | Per Year |
| Student Benevolent Fund | 1000 | Per Year |
| Medical Fees | 1000 | Per Year |
| Gymkhana Fees | 500 | Per Year |
| Examination Fees | 1000 | Per Semester |
| Other Charges | 1500 | Per Year |
The tuition fee covers the cost of instruction, academic resources, and access to the department's facilities. The hostel rent provides accommodation for students who wish to stay on campus, with various room types available to suit different preferences and budgets. The mess advance covers the cost of meals during the academic year, with a detailed billing system in place to ensure fair and transparent charges.
Fee Components
Tuition Fee: The tuition fee of INR 80,000 per year covers all academic instruction, access to libraries, laboratories, and other academic resources. This fee is subject to a nominal increase each year to account for inflation and improvements in infrastructure.
Hostel Rent: The hostel rent of INR 20,000 per year provides accommodation for students who wish to stay on campus. The hostel facilities include single and double occupancy rooms, common areas, and 24/7 security.
Mess Advance: The mess advance of INR 10,000 per year covers the cost of meals during the academic year. The mess billing system is designed to be fair and transparent, with charges based on the number of meals consumed.
Student Benevolent Fund: The student benevolent fund of INR 1,000 per year is a contribution to support students in need and fund various student activities and initiatives.
Medical Fees: The medical fees of INR 1,000 per year cover basic medical services and health check-ups for students. The college has a well-equipped medical facility with qualified doctors and nurses available for student health services.
Gymkhana Fees: The gymkhana fees of INR 500 per year provide access to the college's gym and sports facilities, promoting a healthy and active lifestyle among students.
Examination Fees: The examination fees of INR 1,000 per semester cover the cost of conducting examinations, including the preparation of question papers, invigilation, and result processing.
Other Charges: The other charges of INR 1,500 per year cover miscellaneous expenses such as stationery, academic materials, and administrative costs.
Hostel & Mess Charges
The hostel charges at Sri Subbaiah Degree College Anantapur are designed to provide comfortable and secure accommodation for students. The hostel facilities are well-maintained and equipped with modern amenities to ensure a pleasant living experience. The different room types available include single occupancy rooms, double occupancy rooms, and shared rooms with common facilities.
The mess billing system is designed to be fair and transparent, with charges based on the number of meals consumed. Students are required to pay the mess advance at the beginning of the academic year, which is adjusted at the end of the year based on the actual consumption of meals. The mess facility provides a variety of food options, including vegetarian and non-vegetarian meals, to cater to different dietary preferences.
Rebate policies are in place for students who are absent from the hostel for a specified period. Students who are absent for more than 15 days in a month are eligible for a rebate on the hostel rent and mess charges. The rebate is calculated based on the number of days of absence and is subject to approval by the hostel authorities.
Fee Waivers, Concessions, and Scholarships
The institution 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 students: 100% fee waiver based on caste certificate and income certificate
- EWS students: 50% fee waiver based on EWS certificate and income certificate
- MCM students: 50% fee waiver based on income certificate and family income below INR 4.5 lakhs
The application process for fee waivers and concessions involves the submission of relevant documents, including caste certificates, income certificates, and family income certificates. The application must be submitted to the finance department within the specified deadline, and the decision is communicated to the students within 15 days.
Additionally, the college offers merit-based scholarships for students who perform exceptionally well in their academic pursuits. These scholarships are awarded based on the student's performance in the previous academic year and are subject to a review process.
Payment Procedures & Refund Policy
The payment procedures for the Masters Of Commerce program at Sri Subbaiah Degree College Anantapur are designed to be convenient and secure. Students can make payments through various modes, including online banking, credit cards, debit cards, and NEFT/RTGS transfers. The college also provides a mobile app for easy payment processing and receipt generation.
Payment deadlines are clearly communicated to students, with a grace period of 15 days for late payments. Late fees are applicable for payments made after the deadline, with a fixed amount of INR 500 per month for late payments. Students who fail to make payments within the specified period may face restrictions on academic activities and may be required to pay additional fees.
The refund policy is in place to ensure that students receive refunds for overpayments or other valid reasons. Refunds are processed within 30 days of the application, subject to verification of the documents and approval by the finance department. Students who withdraw from the program are eligible for a refund of the tuition fee, subject to the deduction of administrative charges and other applicable fees.
The college ensures that all financial transactions are transparent and secure, with proper documentation and record-keeping. Students are provided with detailed receipts and statements of their payments, which can be accessed through the college's online portal.