Fee Structure
The total fee structure for the Management program at The Neotia University West Bengal is designed to be transparent and affordable. The following table presents the itemized breakdown of fees for the entire duration of the program:
| Component | Semester 1 | Semester 2 | Semester 3 | Semester 4 | Semester 5 | Semester 6 | Semester 7 | Semester 8 |
|---|---|---|---|---|---|---|---|---|
| Tuition Fee | 150000 | 150000 | 150000 | 150000 | 150000 | 150000 | 150000 | 150000 |
| Hostel Rent | 25000 | 25000 | 25000 | 25000 | 25000 | 25000 | 25000 | 25000 |
| Mess Advance | 30000 | 30000 | 30000 | 30000 | 30000 | 30000 | 30000 | 30000 |
| Student Benevolent Fund | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 |
| Medical Fees | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 |
| Gymkhana Fees | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 |
| Examination Fees | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 |
| Total | 210500 | 210500 | 210500 | 210500 | 210500 | 210500 | 210500 | 210500 |
Fee Components Explained
The fee structure is composed of several components, each serving a specific purpose in supporting the student's academic and living experience at The Neotia University West Bengal.
Tuition Fee: This is the primary component that covers the cost of instruction and academic resources. It includes access to classrooms, libraries, laboratories, and other educational facilities.
Hostel Rent: The hostel charges cover accommodation for students living on campus. The university provides comfortable rooms with basic amenities to ensure a conducive environment for learning.
Mess Advance: This fee covers the cost of meals provided through the university's mess facility. Students are required to pay an advance amount for their monthly meals, which is adjusted at the end of the month based on actual consumption.
Student Benevolent Fund: A nominal fee that contributes to student welfare and support services. This fund is used for emergency assistance, scholarships, and other initiatives aimed at improving the student experience.
Medical Fees: Covers basic healthcare services provided by the university's medical center. Students have access to routine check-ups, consultations, and treatment for common ailments.
Gymkhana Fees: Supports extracurricular activities and sports facilities on campus. These fees help maintain gymnasiums, sports grounds, and other recreational areas where students can engage in physical activities.
Examination Fees: Covers the costs associated with conducting examinations, including question paper preparation, evaluation, and result declaration.
Hostel & Mess Charges
The university offers various types of hostel rooms to accommodate students from different backgrounds and preferences. The following are the room types available:
- Semi-Detached Room (2-occupancy): Shared room with two students, equipped with a bed, study table, chair, and wardrobe.
- Dormitory Room (4-occupancy): Shared room with four students, providing basic amenities for comfort and convenience.
- Private Room: Individual room for one student, offering maximum privacy and personal space.
The mess billing system operates on a monthly basis. Students are required to pay an advance amount for their meals, which is adjusted at the end of the month based on actual consumption. The university maintains strict hygiene standards in its mess facilities and offers a variety of healthy meal options.
Fee Waivers, Concessions, and Scholarships
The university provides several financial assistance programs to ensure that deserving students can pursue their education without financial constraints:
- SC/ST/PwD Category: Students belonging to these categories are eligible for a 100% fee waiver. The eligibility is determined based on the income certificate and other relevant documents.
- EWS Category: Students from Economically Weaker Sections are eligible for a 50% fee concession. The income limit for this category is Rs. 8 lakh per annum.
- MCM (Minority Community): Students from minority communities receive a 25% fee concession. This concession is available to students studying in government-recognized minority institutions.
The application process for fee waivers and concessions involves submitting the necessary documents along with the application form. The university's financial aid office reviews the applications and approves them based on the eligibility criteria.
Payment Procedures & Refund Policy
Students are required to make payments for fees within the specified deadlines. Late payment incurs a penalty of Rs. 1000 per day, which is calculated from the due date until the payment is received.
The university offers flexible payment options, including online banking, credit/debit cards, and NEFT/RTGS transfers. Students can also make payments through the university's mobile app.
In case of withdrawal or discontinuation of studies, the refund policy applies as per the university's guidelines:
- Refunds are processed within 30 days of the application for withdrawal.
- For students who withdraw before completing one semester, 50% of the fees paid is refunded.
- For students who withdraw after completing one semester but before the end of the academic year, 25% of the fees is refunded.
- No refund is processed for students who withdraw during the academic year without proper notice.