Programme Expenses

 

FEE STRUCTURE FOR PGP 2017-18

Sl.No.

Particulars

Amount in Indian Rupees

  

Shared Accommodation

Studio Accommodation

1

Admission Fee – non refundable

2,50,000

2,50,000

2

Tuition Fees

21,50,000

21,50,000

3

Living Fees

2,00,000

3,15,000

4

One-time fee for ISB Alumni for use of ISB Library & Recreation Centre

5,000

5,000

 

Total Fees:

26,05,000

27,20,000

 

Add: Service Tax + Education Cess + Krishi Kalyan Cess payable at prevailing rates on the due dates (Present rate 15%)*

3,90,750

4,08,000

‚Äč

Total Fees:

29,95,750

31,28,000

5

ISB Alumni Association Membership Deposit

15,000

15,000

6

Interest free Refundable Security Deposit

15,000

15,000

7

Total Payable

30,25,750

31,58,000

 

Due dates for payment

  

1

Admission fee + Service Tax & applicable cesses (non refundable) within 15 days from the date of offer

2,87,500

2,87,500

2

Balance amount (excluding hospitalisation insurance premium)*

Payable in Single instalment on or before April 07, 2017

27,38,250

28,70,500

3

Insurance Premium towards hospitalisation insurance policy payable on April 7, 2017

At actuals

At Actuals


 *Taxes and cesses shall be payable as per the rates applicable at the time of payment. ISB reserves the right to accept delayed payment of fees upto 15-4-2017 with a late payment fee of Rs. 10,000+ applicable taxes on case to case basis. The decision of authorised person of ISB shall be final in such cases.

You may download the details of Fee Structure for the purpose of applying for an educational Loan.

Tuition Waiver: In case you have been awarded a tuition fee waiver, the amount awarded shall be adjusted against fees due and netted off against the amount payable by you.

Other Estimated Expenses for PGP 2017-18 per Student on Campus*
 

Sl.No

Particulars

Approximate Amount in Indian Rupees per annum

1

Books

20,000

2

Laptop

50,000

3

Meal Plans

75,000

4

Other expenses towards IT support, laundry, electricity,
documentation expenses, photocopy charges etc.

50,000

 

Total:             

1,95,000

*This is only an indicative amount