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Fee Schedule
Admission Fee:
Admission Fee of Rs. 3,000 is to be paid by all the selected candidates
immediately after the admission decision is announced. This should be paid by
way of Demand Draft drawn in favor of "The ICFAI University, Meghalaya"
payable at Tura / Shillong, Meghalaya. Admission Fee is non-refundable.
Program Fee:
The Program fee includes Tuition Fee, Student Activity Fund, Alumni Membership
Fee but not the Admission fee. The Tuition Fee includes the cost of courseware
and library fee.
Program Fee Structure
Table 1
|
|
BBA,
B.Sc., BA and BHTM (2008-11) |
BCA
(2008-11) |
|
Domicile |
Non-
Domicile-1 |
Non-
Domicile-2 |
Domicile |
Non-
Domicile-1 |
Non-
Domicile-2 |
|
Tuition
Fee (Rs.) |
30,000 |
42,000 |
54,000 |
54,000 |
69,000 |
84,000 |
|
Student
Activity Fund (Rs.) |
3,000 |
3,000 |
3,000 |
3,000 |
3,000 |
3,000 |
|
Alumni
Membership
Fee (Rs.) |
3,000 |
3,000 |
3,000 |
3,000 |
3,000 |
3,000 |
|
Program
Fee (Rs.) |
36,000 |
48,000 |
60,000 |
60,000 |
75,000 |
90,000 |
Domicile:
Students from State of Meghalaya. Non-Domicile-1: Students from North
East States other than Meghalaya. Non-Domicile-2: Students from States of
India other than North East States. (North East States: Arunachal Pradesh,
Assam, Manipur, Meghalaya, Mizoram, Meghalaya, Sikkim, Meghalaya.)
Payment Options
A) Annual Payment:
Students can pay the program fee in 3 annual instalments for the first, third
and fifth semesters (on or before June 16, 2008, June 15, 2009 and June 14,
2010) respectively. All payments are to be made by way of Demand Draft in favor
of "The ICFAI University, Meghalaya", payable at Tura /Shillong. The
details are given below in Table 2:
Table 2
|
|
BBA,
B.Sc., BA and BHTM (2008-11) |
BCA
(2008-11) |
|
Domicile |
Non-
Domicile-1 |
Non-
Domicile-2 |
Domicile |
Non-
Domicile-1 |
Non-
Domicile-2 |
|
1st
year (on or before June 16, 2008) (Rs.) |
12,000 |
16,000 |
20,000 |
20,000 |
25,000 |
30,000 |
|
2nd
year (on or before June 15, 2009) (Rs.) |
12,000 |
16,000 |
20,000 |
20,000 |
25,000 |
30,000 |
|
3rd
year (on or before June 14, 2010) (Rs.) |
12,000 |
16,000 |
20,000 |
20,000 |
25,000 |
30,000 |
B) Instalment Scheme:
Students can pay the program fee in 6 equal instalments. The first instalment is
to be paid by way of Demand Draft in favor of "The ICFAI University,
Meghalaya", payable at Tura/Shillong, at the time of registration for
Semester I i.e. June 16, 2008. The remaining 5 instalments are payable by way of
Post-dated Cheques (PDCs) in favor of "The ICFAI University, Meghalaya"
as per Table 3 given below. These 5 PDCs (dated 1st Jan, 2009; Ist July, 2009;
1st Jan, 2010; Ist July, 2010 and 1st Jan, 2011) are to be deposited with the ICFAI University at the time of
registration for the Semester I. All the PDCs should be signed by the
parent/guardian only.
Table 3
|
|
BBA,
B.Sc., BA and BHTM (2008-11) |
BCA
(2008-11) |
|
Domicile |
Non-
Domicile-1 |
Non-
Domicile-2 |
Domicile |
Non-
Domicile-1 |
Non-
Domicile-2 |
|
1st
Instalment by DD (Rs.) |
6,600 |
8,800 |
11,000 |
11,000 |
13,750 |
16,500 |
|
Remaining
5 Instalments by PDCs. Each PDC (Rs.) |
6,600 |
8,800 |
11,000 |
11,000 |
13,750 |
16,500 |
|
Contribution to Student
Activities Fund
Students are
required to contribute Rs.3,000 to the Student Activities Fund. The fund is
administered by a committee consisting of student representatives and faculty
under the supervision of the Principal. It is utilized to finance student
activities including special classes for development of soft skills, placement
brochure/placement related activities, participation in competitions, picnics,
cultural events, welcome and valedictory functions, etc. This fund is also
utilized to reimburse the hospitalization expenses up to Rs.50,000 due to
illness and accidents during the course of study. The amount of Rs.3,000 towards
Student Activities Fund is included in the Program fee.
Membership Fee of Alumni Society
Students are
required to become members of the Alumni Society. The membership in the Alumni
Society entitles the students to participate in seminars, workshops, conferences
and local chapter activities. An amount of Rs.3,000 towards membership fee of
Alumni Society is included in the Program fee.
Waiver of Tuition Fee
In the
unfortunate event of death of the parent of a student who is funding the
education of a student at the ICFAI University, the balance of tuition fee
payable by such student will be waived. Further details will be provided in the
Student Handbook.
Refund of Tuition Fee
In the unfortunate event of death
of a student during the course of study at the ICFAI University, the tuition fee
paid will be refunded to the specified parent. Further details will be provided
in the Student Handbook.
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