Fee Structure Overview
The Bachelor of Commerce program at Vedavyasa Degree College Tirupati has a comprehensive fee structure that includes tuition fees, hostel charges, mess fees, and other recurring expenses. The fee structure is designed to be transparent and affordable for all students.
Itemized Fee Structure
The following table provides an itemized breakdown of the fee structure for the entire program duration:
| Fee Head | Semester-wise Fees (INR) |
|---|---|
| Tuition Fee | 40000 |
| Hostel Rent | 20000 |
| Mess Advance | 10000 |
| Student Benevolent Fund | 1000 |
| Medical Fees | 2000 |
| Gymkhana Fees | 500 |
| Examination Fees | 1000 |
| Total | 74500 |
Fee Components Explained
Tuition Fee
The tuition fee covers the cost of instruction and academic resources. It includes access to lectures, seminars, workshops, and study materials. The fee is charged per semester and is subject to annual revision based on inflation and other factors.
Hostel Rent
The hostel rent covers accommodation in the college hostel. The hostel provides comfortable living conditions with basic amenities such as beds, study tables, and common areas. Students can choose from various room types based on their preferences and budget.
Mess Advance
The mess advance is a one-time payment required for the mess facility. It covers the cost of meals for the entire semester. The mess charges are revised annually based on the cost of living and inflation.
Student Benevolent Fund
The Student Benevolent Fund is a contribution towards the welfare of students. The fund is used for various activities such as scholarships, medical assistance, and emergency support for students in need.
Medical Fees
The medical fees cover the cost of medical services provided by the college's medical center. Students have access to basic medical care, including consultations, diagnostic tests, and treatment.
Gymkhana Fees
The Gymkhana Fees cover the cost of maintaining the college's gym and sports facilities. Students can access these facilities for physical exercise and recreational activities.
Examination Fees
The examination fees cover the cost of conducting end-of-semester examinations. These fees are charged per semester and cover the cost of question papers, evaluation, and result processing.
Hostel & Mess Charges
The college provides hostel facilities for students who wish to stay on campus. The hostel charges are as follows:
| Room Type | Monthly Rent (INR) |
|---|---|
| Single Occupancy | 2000 |
| Double Occupancy | 1500 |
| Triple Occupancy | 1000 |
| Four Occupancy | 800 |
The mess billing system is based on the number of meals consumed by students. The monthly mess charges are calculated based on the number of days in the month and the cost per meal. Students can choose to pay the mess charges in advance or on a monthly basis.
Fee Waivers, Concessions, and Scholarships
The college offers various fee waivers, concessions, and scholarships to students based on their category and financial background:
Eligibility Criteria
The eligibility criteria for fee waivers and concessions are as follows:
- SC/ST/PwD: Students belonging to these categories are eligible for a 100% fee waiver.
- EWS: Students from economically weaker sections are eligible for a 50% fee waiver.
- MCM: Students from minority communities are eligible for a 25% fee waiver.
Application Process
Students must submit an application form along with supporting documents to apply for fee waivers and concessions. The application must be submitted before the start of the academic year. The college evaluates the applications based on the provided documents and grants waivers accordingly.
Payment Procedures & Refund Policy
Payment Deadlines
Students are required to pay the fees by the specified deadline for each semester. Late payments attract a late fee of 500 per day. The college provides multiple payment options including online banking, credit/debit cards, and demand drafts.
Refund Policy
The refund policy for fees is as follows:
- Students who withdraw from the college before the commencement of the semester are eligible for a full refund of the fees paid.
- Students who withdraw after the commencement of the semester are eligible for a refund of the fees paid, minus a processing fee of 1000.
- Students who fail to complete the academic year due to medical reasons are eligible for a refund of the fees paid, minus a processing fee of 1000.
The refund process is initiated by the student submitting a written application to the college authorities. The application must be supported by relevant documents such as medical certificates or withdrawal letters.