Fee Policy


1. PURPOSE

The purpose of this document is to establish general policies and procedures for collection of student fees at Beaconhouse National University . At the same time we are committed that no student should be deterred from studying in BNU because of financial constraints.

2. TYPES OF FEE

The students will be charged following types of fee at rates prescribed from time to time by the Board.

2.1

Admission Fee

Admission fee will be charged only from newly admitted students. This fee will be paid only once during the study in an academic program and is non-refundable.

2.2

Registration Fee

Students will be required to register themselves within a stipulated time before starting of new academic year/semester by paying a certain amount as prescribed in fee structure. It is an official information by the student that he/she is willing to continue studies in the next academic year/semester. A student will not be considered registered in case of non-payment of fee and will not be given credit for the course in which he/she is not registered.

2.3

Tuition Fee

Tuition fee will be paid in advance at the beginning of each semester.

2.4

Examination Fee

Examination fee will be paid by the students to meet expenses incurred by the university on conducting examinations. Fee will be received in advance at the start of each semester or course in case of short courses along with other dues. This fee will be received for scheduled examinations. For special or unscheduled examinations additional fee may be charged with the approval of Board.

2.5

Hostel Fee

Hostel fee will be charged from the students availing the boarding and lodging facility. This fee will be charged in advance before the start of each semester.

2.6

Security Deposit

Security Deposit will be paid at the time of admission. Security is refundable only at the time of withdrawal/passing out of the student. Any amount recoverable from the student will be adjusted against the security at the end of his/her academic program.

2.7

Other Types of Fee

In addition to the above mentioned types of fee other types of fee will be charged as determined and approved by board. Procedure for collection will be mentioned from time to time.

No fees other than described above will be collected unless it is approved by the Board

3. FEE STRUCTURE

Each school has the responsibility to administer their departments in accordance with Board's policies and guidelines. Fee structure of each school is approved by the Board. Financial Controller's office can be contacted for fee structure of each school. However, university reserves the right to introduce or alter fees at any time without prior notice

4. PAYMENT OF DUES

4.1

A student's registration for a semester is not complete until all expenses are paid or acceptable payment arrangements are made with the Finance Department.

4.2

Challan forms are issued by Finance Department one (1) month before the semester.

4.3

Complete fee must be paid one week before the start of the semester.

4.4

A fine of Rs. 100 per day will be charged in case of non-payment of fee after due date.

4.5

Name of the student is automatically terminated from the program of study after two weeks of start of semester in case of non-payment of dues.

4.6

Re-admission will only be permitted at the discretion of Dean/Head of the Department and on the payment of admission fee in addition to the dues and fine.

5. PAYMENT OF DUES BY NEWLY ADMITTED STUDENTS

Applicants who receive an offer of admission are required to pay their dues prior to commencement of studies in order to secure their admission. The applicant who does not pay his/her dues within due date will forfeit his right of admission.

6. MODE OF PAYMENT

Students receive their Challan Forms from Finance Department and deposit the required amount in the designated bank. All payments must be made either through cash, cross cheque, pay order or demand draft in favour of Beaconhouse National University. Fee can also be paid through Visa/Master Cards at BNU City Campus/New Campus (bank charges apply).

7. WITHDRAWAL FROM ACADEMIC PROGRAM

Student withdrawing or taking break from his/her program of study is required to submit the completed Student's Clearance Form to Registrar's Office. The effective withdrawal date will be the date of submission of completed Clearance Form in the Registrar's Office.Students who do not follow the process will not be eligible for any refund of fee or security.

8. REFUND POLICY

8.1

Fees are not refundable. However, if a student withdraws from the academic program because of extenuating circumstances which were beyond his/her control he/she may be refunded part of fee according to the following:

Application Date (within)

Amount to be refunded

First week of the semester

100% (excluding registration fee and admission fee in case of new admission)

Second & third week of the semester

50% (excluding registration fee and admission fee in case of new admission)

After third week

Non-refundable

8.2

Fee refund will be based on the date of submission of withdrawal application to Registrar's Office.

8.3

Fee will not be refunded if student is expelled / suspended due to disciplinary reason(s) or reason(s) other than academic.

9. FEE INSTALMENTS

9.1

Fee instalment will be allowed to the students with proven need due to financial hardships.

9.2

Only tuition fee can be paid in instalments. The maximum number of instalments can be two (2). However, in very exceptional circumstance the time for the payment of second instalment may be extended by the V.C.

9.3

The name of the student will be automatically deleted from the rolls of the university in case of non-payment of instalment on valid date.

9.4

Application for fee instalments in case of new admission will only be entertained if the initial challan for all other fees except the tuition fee has been paid and submitted to Registrar's Office.

9.5

An application for fee instalment will be submitted to Registrar's Office. All applications recommended or not recommended will be sent to Finance Department.

9.6

All applications for fee instalment will be processed within a week of submission.

9.7

Fee instalment will be granted for a semester. Student will have to apply for fee instalment for each semester separately.

9.8

Students defaulting payment in a semester will not be sanctioned instalments for the next semester.

10. CHANGE OF PROGRAM OF STUDY

If the student changes his/her academic program to another program the student will pay for the tuition fee related to new program.

11. SCHOLARSHIP / FINANCIAL ASSISTANCE POLICY

11.1

The total Scholarship / Financial Assistance will not exceed 10% of total tuition fees. Merit scholarship will not be included in this amount.

11.2

Scholarship / Financial Assistance will be proportionately divided among the schools in proportion to total enrolment in schools.

11.3

No student will be awarded 100% scholarship / financial assistance.

11.4

Merit Scholarship

11.4.1

For New Admissions: All Board position holders and students with two A Grades in the GCE A level examination will be eligible for a scholarship of 25% of the prescribed tuition fee for one Academic Year.

11.4.2

For Existing Students: All students who have attained a CGPA of 3.5 at the end of each academic year will be entitled to a scholarship of 25% of the tuition fee in the next academic year provided they take full workload of 15 credits per semester in that Academic Year.

11.5

Financial Assistance (Scholarship)

11.5.1

For New Admissions: Students will have to apply for financial assistance to the Registrar office on the prescribed form along with required documents.
Scholarships equals to 25%, 50% and 75% of tuition fee may be granted for one academic year after checking the proven need due to financial hardship on the recommendation of the Scholarship Committee.

11.5.2

For Existing Students: A scholarship award would initially be granted for one academic year which would be renewable provided 1) the student maintained a CGPA of 2.5 at the undergraduate level and 3.00 at the postgraduate level 2) the student take at least 12 credit work-load per semester during that Academic Year.