When it comes to college admission or higher education. The one things that worry everyone is the Fees. Fees of famous colleges can be intimidating for some. But the true thing is people when look at fees they see it as a whole amount. They don’t see or sometimes often neglect the important part of fees. The Fee structures in Indian colleges.
The fee structures is one of the important things everyone should know before taking admission. Fee structures tells you in detail where is your money is going to be spend. On what kind of things it is going to be spent on. You pay the fees in a wholesome amount or maybe you pay the in EMI. But you don’t pay the fees as per fee structure.
Knowing the fee structure is as important as paying the fees. Let’s take a look of fees structure most famous college of India IIT (Indian institute of Technology).
This fee structure is for one annual year. You fees may vary depending on admission quota and reservation.
If you belong to Reservation class you don’t have to pay for Tuition fees. But you do have to pay for the rest. If your Family annual income is less than 1, 00,000 then you don’t need to pay for tuition fees. But if your family annual income is between 1, 00,000 to 5, 00,000. Then you have to pay 1/3 of the tuition fees
The fees are high compared to middle class standard. But not to forget the student who pass out from these types of colleges gets the highest salary package in the industries
The average salary of IIT Bombay student is 8.5 lakhs in 2014. The salary goes in crores if the placement is in highly developed foreign countries.
Same can be said about IIM top management institute in India for doing courses like MBA or PGDM.