Fee Structure Overview
The fee structure for the MBA program at Veda Degree College East Godavari is designed to be transparent, fair, and comprehensive. The total fee for the two-year program is Rs. 250,000, which is divided into two semesters of Rs. 125,000 each. The fee structure includes various components such as tuition fees, hostel rent, mess advance, student benevolent fund, medical fees, gymkhana fees, and examination fees. The college provides detailed information about the fee structure to ensure that students and their families understand the components and can plan accordingly.
Fee Components Breakdown
The following table provides a detailed breakdown of the fee structure for the MBA program at Veda Degree College East Godavari:
Fee Component | Amount (INR) | Description |
---|---|---|
Tuition Fee | 100000 | Fee for attending lectures and academic sessions |
Hostel Rent | 15000 | Monthly rent for hostel accommodation |
Mess Advance | 5000 | Advance payment for mess facilities |
Student Benevolent Fund | 2000 | Contribution to the student welfare fund |
Medical Fees | 1000 | Medical facilities and health services |
Gymkhana Fees | 500 | Facilities for sports and physical activities |
Examination Fees | 1000 | Fees for conducting examinations |
Total | 125000 | Total fee for one semester |
The fee structure is designed to be affordable and accessible to students from diverse economic backgrounds. The college also provides various financial assistance options, including scholarships and fee waivers, to support students who may face financial constraints.
Hostel & Mess Charges
The hostel facilities at Veda Degree College East Godavari are designed to provide students with a comfortable and conducive environment for learning and personal development. The hostel charges vary based on the type of room and the amenities provided. The following is a detailed breakdown of the hostel charges:
Room Types and Charges
The college offers various types of rooms to accommodate students, including single occupancy, double occupancy, and triple occupancy rooms. The charges for each room type are as follows:
- Single Occupancy Room: Rs. 15000 per month
- Double Occupancy Room: Rs. 10000 per month
- Triple Occupancy Room: Rs. 8000 per month
The rooms are equipped with basic amenities such as beds, study tables, chairs, and wardrobes. The college also provides additional amenities such as Wi-Fi, air conditioning, and security systems to ensure a comfortable living environment.
Mess Billing System
The mess facilities at Veda Degree College East Godavari are designed to provide students with nutritious and hygienic food at reasonable prices. The mess billing system is based on the number of meals consumed and the charges for each meal. The following is a detailed breakdown of the mess charges:
- Breakfast: Rs. 20 per meal
- Lunch: Rs. 40 per meal
- Dinner: Rs. 40 per meal
- Total per day: Rs. 100
- Total per month: Rs. 3000
The mess charges are collected monthly, and students are required to pay the advance amount for the month. The college also provides options for students to customize their meal preferences and to accommodate dietary restrictions.
Rebate Policies
The college provides various rebate policies to support students who may face financial constraints or other challenges. The rebate policies are as follows:
- Hostel Rebate: 10% rebate for students from SC/ST/PwD categories
- Mess Rebate: 5% rebate for students from SC/ST/PwD categories
- Academic Rebate: 15% rebate for students who achieve a CGPA of 9.0 or above
The rebate policies are designed to ensure that students from diverse backgrounds can access quality education and living facilities without facing financial hardship.
Fee Waivers, Concessions, and Scholarships
The MBA program at Veda Degree College East Godavari provides various fee waivers, concessions, and scholarships to support students who may face financial constraints. The following is a detailed breakdown of the financial assistance options:
Eligibility Criteria
The eligibility criteria for fee waivers, concessions, and scholarships are as follows:
- SC/ST/PwD: Students from SC/ST/PwD categories are eligible for a 100% fee waiver
- EWS: Students from EWS category are eligible for a 50% fee waiver
- MCM: Students from MCM category are eligible for a 25% fee waiver
The eligibility criteria are based on the caste, economic background, and physical disabilities of the students. The college also provides additional support to students who may face financial challenges due to other circumstances.
Benefits and Application Process
The benefits of fee waivers, concessions, and scholarships are as follows:
- Fee Waiver: 100% waiver for SC/ST/PwD students
- Concession: 50% concession for EWS students
- Scholarship: Various scholarships for meritorious students based on academic performance and other criteria
The application process for fee waivers, concessions, and scholarships is designed to be simple and straightforward. Students are required to submit the necessary documents and forms to the college's finance department. The application process is conducted annually, and students are required to reapply each year to continue receiving the benefits.
Payment Procedures & Refund Policy
The payment procedures for the MBA program at Veda Degree College East Godavari are designed to be convenient and secure. The following is a detailed breakdown of the payment procedures and refund policy:
Payment Deadlines
The payment deadlines for the MBA program are as follows:
- First Semester: Payment must be made by 15th July 2025
- Second Semester: Payment must be made by 15th January 2026
The college provides a grace period of 10 days for late payments, but students are required to pay a late fee of Rs. 500 per day for any delay in payment.
Refund Policy
The refund policy for the MBA program at Veda Degree College East Godavari is designed to be fair and transparent. The following is a detailed breakdown of the refund policy:
- Withdrawal before 15th day of admission: 100% refund
- Withdrawal between 15th and 30th day of admission: 75% refund
- Withdrawal after 30th day of admission: 50% refund
The refund process is conducted through the college's finance department, and students are required to submit the necessary documents and forms for the refund process. The refund is typically processed within 30 days of the submission of the application.
The college's fee structure and financial support options are designed to ensure that students from all backgrounds can access quality education without facing financial constraints. The college's commitment to providing affordable and accessible education is reflected in its comprehensive fee structure and financial assistance programs.