Fee Payment Plans

a) Lump sum Payment Plan (LPP)

b) Annual Payment Plan (APP)

c) Trimester Payment Plan (TPP)

NOTE: All fees can be paid in cash, through electronic transfer, or by Crossed Demand Draft drawn in favor of NIIT University, payable at New Delhi.

  1. LUMP SUM PAYMENTPLAN (LPP)

The fees in the Lump Sum Payment Plan (LPP) are INR 1,070,000 (Rupees Ten Lakhs and Seventy Thousand only), covering university and hostel fees for 2 years. Fees is payable as down payment at the time of enrollment. Down payment ensures that the candidate is protected from all escalations and increases which can occur in the fees in the subsequent years.

Note: In addition to the above, one time refundable interest-free security deposit of INR 35,000 (Rupees Thirty Five Thousand Only) is payable at the time of enrollment in addition to the above mentioned fees. Also Mess charges are payable at actuals (currently estimated at approximately INR 14,000 per trimester) payable in advance every trimester.

  1. ANNUAL PAYMENT PLAN (APP)

The total fees payable by the candidate in the Annual Payment Plan (APP) is as per the table below. The first year’s fees is payable at the time of enrollment. The subsequent years’ fees is payable in advance by June 01 every year.

Scholarship Plan

Percent of scholarship

Year 1 ( 2014-15)

Year 2 ( 2015-16)

University

Hostel

Total

University

Hostel

Total

A

100

0

115,000

115,000

0

115,000

115,000

B+

75

105,000

115,000

220,000

105,000

115,000

220,000

B

50

210,000

115,000

325,000

210,000

115,000

325,000

C

25

315,000

115,000

430,000

315,000

115,000

430,000

Full Fees

0

420,000

115,000

535,000

420,000

115,000

535,000

 

Note: In addition to the above, one time refundable interest-free security deposit of INR 35,000 (Rupees Thirty Five Thousand Only) is payable at the time of enrollment in addition to the above mentioned fees. Also Mess charges are payable at actuals (currently estimated at approximately INR 14,000 per trimester) payable in advance every trimester.

  1. TRIMESTERPAYMENTPLAN (TPP)

Scholarship Plan

Percent of scholarship

MBA Fees 2014-16 (Trimester 1 Payable as a six installments before 3 weeks of commencement of the Trimester)

University

Hostel

Total

A

100

0

40,250

40250

B+

75

36,750

40,250

77,000

B

50

73,500

40,250

113,750

C

25

110,250

40,250

150,500

Full Fees

0

147,000

40,250

187,250

Note: In addition to the above, one time refundable interest-free security deposit of INR 35,000 (Rupees Thirty Five Thousand Only) is payable at the time of enrollment in addition to the above mentioned fees. Also Mess charges are payable at actuals (currently estimated at approximately INR 14,000 per trimester) payable in advance every trimester.

Changing Fee Plans

A student can change the selected fee plan as per the following conditions.

  • For changing the fee plan the student will have to pay a change processing charge of INR 1,000 every time a request is made for a change.

  • A request for change can be made only once in a year within one month of the first registration

  • A request for change can be made only once in a year.

  • A request to change from a lump sum fee plan to any other plan will not be entertained.

The student should contact the University Accounts department to get the exact amounts payable consequent to any fee plan change.

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