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Monetary Investment

Per Course p.a

Open

Tuition fee per academic year

Rs. 110,000/-

Students special development fund contribution per academic year

Rs. 50,000/-

Alumni fund contribution (one time)

Rs. 5,000/-

Annual total to be paid in two installments (viz at the time of admission and in November 2008)

Rs. 1,65,000/-

Caution deposits refundable (one time)

Rs. 5,000/-

Residential accommodation per academic year. (It is optional for local students staying with their parents.) To be paid at the time of admission. It includes security, hot & cold water etc.

At actuals. Should not exceed

 Rs. 35,000/-

Mess charges (vegetarian food inclusive of breakfast, lunch and dinner, all unlimited) per academic year. To be paid at the time of admission. Optional for local students staying with parents

Rs.25,000/-

Service Tax : We have raised our objections to  Service Tax  being charged from students, with the Commissioner, Central Excise. Our claim for refund of it which we paid in 2004 - 05 is now with the Tribunal in Mumbai. In spite of these if it is made / become applicable, the beneficiaries - the students will have to pay the tax @12.36%. We are not collecting it from students now as the matter is under dispute. Therefore you must be ready to pay as and when demand is raised consequent to our being forced to remit / dispute goes contrary to our view / stand / objection.

The Alumni fund is not for day to day operations of the institute. It is exclusively for expenses related to alumni meets, updation, communication, relationship building and maintenance of its secretariate and allied activities / aspects which together cannot exceed 40% of the collection. 60% will form part of the endowment corpus for establishing "Alumni Chair" and meeting other institutional commitments.  The fines if any collected will also be credited to this endowment fund.
 

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