Fee Structure for BBA Program at Universal Ai University Maharashtra
The total fee structure for the BBA program is designed to provide value while ensuring quality education and infrastructure support. The fee includes tuition, hostel charges, mess bills, and other administrative costs.
Annual Fee Breakdown
Semester | Tuition Fee | Hostel Rent | Mess Advance | Student Benevolent Fund | Medical Fees | Gymkhana Fees | Examination Fees | Total Annual Cost |
---|---|---|---|---|---|---|---|---|
Semester 1 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 2 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 3 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 4 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 5 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 6 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 7 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Semester 8 | ₹200000 | ₹60000 | ₹45000 | ₹5000 | ₹3000 | ₹2000 | ₹1000 | ₹316000 |
Detailed Fee Components
- Tuition Fee: Covers academic instruction, laboratory access, and digital resources. This fee is fixed for the entire duration of the program.
- Hostel Rent: Accommodation charges are inclusive of utilities, security, and maintenance services.
- Mess Advance: Monthly mess bills are collected in advance to ensure seamless service delivery.
- Student Benevolent Fund: A nominal contribution towards student welfare and emergency assistance programs.
- Medical Fees: Covers basic healthcare services, including medical check-ups, first aid, and emergency care.
- Gymkhana Fees: Supports sports activities, fitness facilities, and recreational programs on campus.
- Examination Fees: Includes costs associated with conducting exams, grading, and result processing.
Hostel & Mess Charges
The university provides modern hostel facilities for all students. Here's an overview of room types and mess billing:
- Room Types: Single occupancy, double occupancy, and triple occupancy rooms are available. Each room is equipped with basic amenities including beds, study tables, wardrobes, and Wi-Fi connectivity.
- Mess Billing System: Mess charges are calculated based on daily meals provided. Students can choose between different meal plans (standard, premium, or vegetarian).
- Rebate Policies: Rebates are available for students who stay outside the campus during holidays or leave for academic purposes.
Fee Waivers, Concessions, and Scholarships
The university offers several financial assistance options to deserving students:
- SC/ST/PwD Category: 100% fee waiver for eligible students. Income slabs for eligibility are as follows: ₹2 lakh/year for SC/ST students and ₹4 lakh/year for PwD students.
- EWS Category: 50% fee concession for families with annual income up to ₹8 lakh/year.
- MCM (Maiden Child of Migrant Worker): 25% fee concession for students from migrant worker backgrounds.
Application Process for Financial Aid
To apply for scholarships or fee concessions, students must submit the following documents:
- Caste certificate (for SC/ST/PwD)
- Income certificate issued by the competent authority
- Migrant worker certificate (for MCM category)
- Bank account details for refund purposes
Payment Procedures & Refund Policy
- Payment Deadlines: All fees must be paid within 7 days of the start of the semester. Late payments attract penalties.
- Late Fee Calculations: A penalty of ₹500 per day is applied for late payments beyond the deadline.
- Refund Policy: Refunds are processed upon withdrawal from the university, subject to deduction of applicable fees and penalties. Withdrawal must be formally submitted with valid reasons and supporting documents.