Fee Structure for First Year: 2024 - 25
| Particulars |
For Indian Nationals
(INR)
|
For NRI, PIO, CIO and Foreign Nationals
(INR) |
| Tuition Fee |
225,000 |
3,37,500 |
| Development Fee |
33,000 |
49,500 |
| University Fee |
16,000 |
24,000 |
| Total Fees |
274,000 |
4,11,000 |
An additional amount of rupees 10,000 is payable as a security deposit during admission. This amount shall be refundable on completion of the academic program.
The Hostel facility is available on first-come-first-served basis. Hostel and Mess facility is available on the campus at an additional cost. The hostel facility shall be Twin / Triple Non-AC accommodation. The mess facility shall include Breakfast, Lunch, Evening Snacks and Dinner.
Twin sharing*
| Hostel Fee |
115,000 |
| Mess Fee |
110,000 |
| Hostel Security Deposit |
10,000 |
| Total |
235,000 |
Twin sharing#
| Hostel Fee |
90,000 |
| Mess Fee |
110,000 |
| Hostel Security Deposit |
10,000 |
| Total |
210,000 |
Triple sharing
| Hostel Fee |
65,000 |
| Mess Fee |
110,000 |
| Hostel Security Deposit |
10,000 |
| Total |
185,000 |
Note:
A concession/ subsidy of 10% (of hostel and mess fees only) per month shall be applicable, in case the campus does not reopen in July 2020 as planned.
This is in view of the current COVID-19 situtaion and the possibility of extended lockdown.
Transport facility is available from the city to campus at an additional cost.
Loan
Students Loan facility will be available to the students securing admission to the university. Disbursement of the loan is as per the banks' terms and conditions.
Refund Policy
Avantika University will cancel an Admission only if the student fails to meet the Entry Requirements. The complete fees will be refunded within 15 days of cancellation of admission.
A student opting to withdraw his/her admission will be entitled to the refund of fees as detailed below:
| Sl. No. |
Refund of Fees paid |
Point of time when notice of withdrawal is served |
| 1 |
100% |
15 days or more before the formally notified last date of admission |
| 2 |
90% |
Less than 15 days before the formally notified last date of admission |
| 3 |
80% |
15 days or less after the formally notified last date of admission |
| 4 |
50% |
30 days or less, but more than 15 days, after the formally notified last date of admission |
| 5 |
0% |
More than 30 days after the formally notified last date of admission |
- Fees shall be refunded to the student within fifteen days from the date of receiving a written application from him/her towards cancellation of admission.
- All legal disputes if any will be in the Ujjain Jurisdiction only.
