Fees

The fee structure for the B.Tech in International Business program at The Institute Of Chartered Financial Analysts Of India University Ranchi is comprehensive, covering all aspects of academic and residential expenses throughout the four-year program duration.

Tuition Fee covers all academic charges including lectures, laboratory sessions, library access, and digital resources. It is fixed for the entire program duration and includes all course materials.

Hostel Rent provides accommodation in air-conditioned rooms with modern amenities including Wi-Fi, study spaces, and 24-hour security services. The hostel facility includes common areas, recreational facilities, and health centers for student welfare.

Mess Advance is a pre-paid monthly fee that covers all meals during the academic year. The mess system offers nutritious vegetarian meals prepared by professional chefs with regular menu updates based on nutritional requirements and seasonal availability.

Student Benevolent Fund supports students facing financial hardships or emergencies during their academic journey. Contributions are voluntary and help provide assistance for medical expenses, family emergencies, or other unforeseen circumstances.

Medical Fees cover access to university healthcare services including consultations with doctors, diagnostic tests, and basic treatments. Students receive health insurance coverage through the university's partnership with leading healthcare providers.

Gymkhana Fees support student sports activities, recreational programs, and campus events. These funds help organize inter-college competitions, cultural festivals, and athletic training facilities for student development.

Examination Fees cover all costs associated with academic assessments including question paper preparation, evaluation, result processing, and certificate generation. These fees ensure quality assessment standards and maintain academic integrity.

The Hostel & Mess Charges are structured to provide comfortable living conditions while ensuring affordability for students from diverse economic backgrounds. Different room types are available including single, double, triple, and quad occupancy options with varying price ranges.

The mess billing system operates on a monthly cycle where students receive monthly bills based on their meal consumption and any additional services used. Rebate policies are applied for students who do not consume meals for certain days or during vacation periods.

Fee waivers, concessions, and scholarships are available for students meeting specific eligibility criteria:

• SC/ST/PwD Category: 100% fee waiver with additional support for hostel accommodation and mess charges
• EWS Category: 50% fee concession with reduced hostel rent and mess charges
• MCM (Minority Community Member): 25% fee concession with preferential seating in hostels

The application process for financial aid involves submitting relevant documents including caste certificates, income certificates, disability certificates, and other supporting evidence. Students must complete the online application form and submit all required documentation within specified deadlines.

Payment procedures include online transactions through secure payment gateways or offline payments at designated banks. Payment deadlines are clearly communicated to students in advance to ensure timely fee submission.

Late fees are calculated at 5% per month on outstanding balances with a maximum cap of 20%. Refund policies apply for students who withdraw from the program before specific deadlines, with refunds processed according to university regulations and financial guidelines.