Upon the approval of Board of Governors, NIFT has revised the fee from batch-2011-2012. All the applicants are informed that the FEE STRUCTURE mentioned at page no. 40 of the Admission Prospectus – 2011 may be read as under:
REVISED FEE STRUCTURE FOR ACADEMIC YEAR 2011-2012
Fee Structure for One Semester (6 Months)
S.No.
Fee Component
Amount
1.
Tuition Fee
Rs.50,000/-(Non-Refundable)
2.
Security Deposit
Rs. 5,000/-(One Time) (Refundable)
3.
Alumni Association Member Ship Fee
Rs. 2,500/-(One Time) (Non Refundable)
4.
Library Fee
Rs. 3,000/- (Per Year) (Non-Refundable)
5.
Medi-claim & Student Development Fee
Rs. 1,250/- (Per Year) (Non-Refundable)
Total
Rs. 61,750/-
Fee Structure for NRI (Per year – consisting of two semesters)
S.No.
Fee Component
Amount
1.
Tuition Fee
Rs. 3, 80,000/- (Non-Refundable)
4.
Library Fee
Rs. 20, 000/- (Non-Refundable)
5.
Medi-claim & Student Development Fee
Rs. 10,000/- (Non-Refundable)
Total
Rs. 4,10,000/-
FEE STRUCTURE FOR SEMESTER – III, V and VII
CIRCULAR
( Academic Affairs Circular. Dated: 15th June 2011. )
The details of the fee applicable to all the students of semester – III, V, and VII for the semester July – December, 2011 are as follows:-
Fee for non NRI Students
Tuition Fee
Rs. 40,000/- (Non-Refundable)
Library Fee
Rs. 3,000/- (Per Year) (Non-Refundable)
Student Development & Mediclaim
Rs. 1,250/- (Per Year) (Non-Refundable)
TOTAL
Rs. 44,250/-
Fee for NRI / NRI sponsored category students
Tuition Fee (Per year)
Rs. 3,30,000/- (Non-Refundable)
Library Fee
Rs. 20,000/- (Non-Refundable)
Student Development & Mediclaim
Rs. 10,000/- (Non-Refundable)
TOTAL
Rs. 3,60,000/-
It is requested to note the following:.
The repeat semester students are required to pay the re-registration fee of Rs. 5000/- for each absenting semester over and above the semester fee.
Last date of depositing the fee is 16th August, 2011 (as per the Academic Calendar).
Fee with a late fine of Rs. 100/- per day can be deposited till 30th August, 2011. Due to non payment of semester fee by 30th August, 2011, the name of the student will be struck off from the rolls of the institute without any further notice.
The new fee structure will be applicable only to the students of batch 2011 onwards.