Fee Structure for 2015-16
Admission Fee of Rs 15,000 is payable once at the time of admission. If a graduate of this University is admitted to a higher degree program, then admission fee is not payable again.
Fee is payable in full before the start of semester. It is subject to revision every year. For the academic year 2014-15, following tuition fee shall be charged.
NTN Number for BCCI-FAST: 0453657-6
For the academic year 2016-17 the tuition fee is as follows:
|BBA / BS||MBA||MS / PhD|
|Admission Fee||Rs. 15,000||Rs. 15,000||Rs. 15,000|
|Tuition Fee||Rs. 6,300 per credit hour||Rs. 7,000 per credit hour||Rs. 7,000 per credit hour|
Students admitted before fall 2014
|BBA / BS||MBA||MS / PhD|
|Tuition Fee||Rs. 93,000 per semester||Rs. 7,000 per credit hour||Rs. 7,000 per credit hour|
As per tax rules, the University shall collect Advance Tax (on behalf of the government) at the rate of 5% on the entire amount of fee (if payable exceeds Rs 200,000 per annum). The Parent/Guardian is required to provide NTN or CNIC number so that it can be adjusted at the time of filing their Income Tax return. The University will issue Tax Deducted Certificate after the end of financial year.
A student who is allowed by the University to migrate/transfer from another campus shall pay Rs. 5000 as Transfer Fee prior to joining the new campus
Semester Freeze Fee
A student who is allowed by the University to freeze a regular semester shall pay Semester Freeze Fee(for each semester) as stated below:
|Current semester||Rs. 5000|
|Previous semester||Rs. 6000|
Fee Refund Policy
Admission Fee is non-refundable
Tuition Fee is refunded in accordance with the instructions of Higher Education Commission.
|Up to 7th day of convene of classes||Full (100 %) Refund|
|From 8th-15th day of convene of classes||Half (50 %) Refund|
|From 16th day of convene of classes||No (0 %) Refund|
After declaration of result, admission of a student stands cancelled if he or she fails to meet the required eligibility requirement for admission. Their fee refund is calculated from the date of their result announcement
Late Fee Fine
Late Fee Fine is levied on the entire outstanding fee (current as well as arrears). Late fee fine is charged at the rate of Rs 1 per day for every thousand rupees (rounded up to the next thousand).
Registration is suspended TWO months after the due date for payment of fee.
Degree/ Transcript Change Fee
Fee for any change (such as spellings, name) in degree/transcript is Rs 1,500.
Additional Transcripts can be obtained upon payment of Rs 200 per Transcript.