• The ICFAI University,  Sikkim

Fee Structure and Financial Support

Fee Structure and Financial Support

Post Graduate (PG)
MBA
Under Graduate (UG)
BBA BHM
B.Com BTTM
BCA Diploma in Financial Markets
BBA-LLB (Hons.) BCom-LLB (Hons.)
LLB


MBA Program


Fee comprises of admission fee, program fee, exam fee, caution deposit and alumni fee.

Admission Fee: Admission Fee of ₹ 5,000 for MBA Program and ₹ 3,000 for BBA, BCA, B.Com, BHM, BTTM and Diploma in Financial Markets Programs is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment of admission fee is July 21, 2016.

Exam Fee: All the students need to pay an amount of ₹ 1,500 per semester for UG programs and ₹ 3,000 per semester for MBA program towards Exam Fee along with the program fee.

Program Fee: Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time. The first semester fee for all programs, is to be paid on or before July 29, 2016.

Particulars
MBA (4 Semesters)
Domicile Non-Domicile / International
Fee per semester (Rs.) 38,750 76,250
Total program fee (Rs.) 1,55,000 3,05,000


Note: Domicile (D); Non-domicile (ND); International (Intl)

Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

International Students: Non-domicile fee is applicable for all international students including PIO (People of Indian Origin) or OCI (Overseas Citizen of India) card holders.

Caution Deposit: All students are required to pay a caution deposit of ₹ 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Alumni Fee: An Alumni Fee of ₹ 5,000 will be paid by all students in the final semester of the program along with the semester fee.

Remittance: All payments should be made by way of demand draft or bankers cheque drawn in favor of "The ICFAI University, Sikkim - Fee Collection A/c" payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program. A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note : Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

BBA Program


Fee comprises of admission fee, program fee, exam fee, caution deposit and alumni fee.

Admission Fee: Admission Fee of ₹ 5,000 for MBA Program and ₹ 3,000 for BBA, BCA, B.Com, BHM, BTTM and Diploma in Financial Markets Programs is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment of admission fee is July 21, 2016.

Exam Fee: All the students need to pay an amount of ₹ 1,500 per semester for UG programs and ₹ 3,000 per semester for MBA program towards Exam Fee along with the program fee.

Program Fee: Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time. The first semester fee for all programs, is to be paid on or before July 29, 2016.

Particulars
BBA (6 Semesters)
Domicile Non-Domicile / International
Fee per semester (Rs.) 15,850 30,850
Total program fee (Rs.) 95,100 1,85,100


Note: Domicile (D); Non-domicile (ND); International (Intl)

Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

International Students: Non-domicile fee is applicable for all international students including PIO (People of Indian Origin) or OCI (Overseas Citizen of India) card holders.

Caution Deposit: All students are required to pay a caution deposit of ₹ 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Alumni Fee: An Alumni Fee of ₹ 5,000 will be paid by all students in the final semester of the program along with the semester fee.

Remittance: All payments should be made by way of demand draft or bankers cheque drawn in favor of "The ICFAI University, Sikkim - Fee Collection A/c" payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program. A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note : Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

BCA Program


Fee comprises of admission fee, program fee, exam fee, caution deposit and alumni fee.

Admission Fee: Admission Fee of ₹ 5,000 for MBA Program and ₹ 3,000 for BBA, BCA, B.Com, BHM, BTTM and Diploma in Financial Markets Programs is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment of admission fee is July 21, 2016.

Exam Fee: All the students need to pay an amount of ₹ 1,500 per semester for UG programs and ₹ 3,000 per semester for MBA program towards Exam Fee along with the program fee.

Program Fee: Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time. The first semester fee for all programs, is to be paid on or before July 29, 2016.

Particulars
BCA (6 Semesters)
Domicile Non-Domicile / International
Fee per semester (Rs.) 20,350 39,850
Total program fee (Rs.) 1,22,100 2,39,100


Note: Domicile (D); Non-domicile (ND); International (Intl)

Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

International Students: Non-domicile fee is applicable for all international students including PIO (People of Indian Origin) or OCI (Overseas Citizen of India) card holders.

Caution Deposit: All students are required to pay a caution deposit of ₹ 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Alumni Fee: An Alumni Fee of ₹ 5,000 will be paid by all students in the final semester of the program along with the semester fee.

Remittance: All payments should be made by way of demand draft or bankers cheque drawn in favor of "The ICFAI University, Sikkim - Fee Collection A/c" payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program. A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note : Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15



BCom-LLB(Hons.) Program


The fee comprises of Admission Fee, Program Fee and Caution Deposit (Refundable) as per the details mentioned below:

Admission Fee: All selected students have to pay an Admission Fee of ` 5,000 towards the confirmation of admission.

Program Fee: Students should pay the fee for all semesters, as per the due dates indicated in the Student Handbook. The first semester program fee is payable on or before July 29, 2016.

Particulars
BCom-LLB(Hons.) (10 Semesters)
Domicile Non-Domicile / International
Program Fee per semester (Rs.) 19,500 39,000
Total Program fee (Rs.) 1,95,000 3,90,000


Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

Caution Deposit: All students are required to pay a caution deposit of ` 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Remittance: All payments should be made by way of Demand Draft drawn in favor of "The ICFAI University, Sikkim -Fee Collection A/c", payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the Law Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Law Program.

A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note: Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

Diploma in Financial Markets


Fee comprises of admission fee, program fee, exam fee, caution deposit and alumni fee.

Admission Fee: Admission Fee of ₹ 5,000 for MBA Program and ₹ 3,000 for BBA, BCA, B.Com, BHM, BTTM and Diploma in Financial Markets Programs is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment of admission fee is July 21, 2016.

Exam Fee: All the students need to pay an amount of ₹ 1,500 per semester for UG programs and ₹ 3,000 per semester for MBA program towards Exam Fee along with the program fee.

Program Fee: Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time. The first semester fee for all programs, is to be paid on or before July 29, 2016.

Particulars
Diploma in Financial Markets (2 Semesters)
Domicile Non-Domicile / International
Fee per semester (Rs.) 11,250 20,000
Total program fee (Rs.) 22,500 40,000


Note: Domicile (D); Non-domicile (ND); International (Intl)

Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

International Students: Non-domicile fee is applicable for all international students including PIO (People of Indian Origin) or OCI (Overseas Citizen of India) card holders.

Caution Deposit: All students are required to pay a caution deposit of ₹ 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Alumni Fee: An Alumni Fee of ₹ 5,000 will be paid by all students in the final semester of the program along with the semester fee.

Remittance: All payments should be made by way of demand draft or bankers cheque drawn in favor of "The ICFAI University, Sikkim - Fee Collection A/c" payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program. A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note : Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

BHM / BTTM Program


Fee comprises of admission fee, program fee, exam fee, caution deposit and alumni fee.

Admission Fee: Admission Fee of ₹ 5,000 for MBA Program and ₹ 3,000 for BBA, BCA, B.Com, BHM, BTTM and Diploma in Financial Markets Programs is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment of admission fee is July 21, 2016.

Exam Fee: All the students need to pay an amount of ₹ 1,500 per semester for UG programs and ₹ 3,000 per semester for MBA program towards Exam Fee along with the program fee.

Program Fee: Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time. The first semester fee for all programs, is to be paid on or before July 29, 2016.

Particulars
BHM / BTTM (8 Semesters)
Domicile Non-Domicile / International
Fee per semester (Rs.) 15,625 30,625
Total program fee (Rs.) 1,25,000 2,45,000


Note: Domicile (D); Non-domicile (ND); International (Intl)

Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

International Students: Non-domicile fee is applicable for all international students including PIO (People of Indian Origin) or OCI (Overseas Citizen of India) card holders.

Caution Deposit: All students are required to pay a caution deposit of ₹ 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Alumni Fee: An Alumni Fee of ₹ 5,000 will be paid by all students in the final semester of the program along with the semester fee.

Remittance: All payments should be made by way of demand draft or bankers cheque drawn in favor of "The ICFAI University, Sikkim - Fee Collection A/c" payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program. A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note : Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

BBA-LLB (Hons.) Program


The fee comprises of Admission Fee, Program Fee and Caution Deposit (Refundable) as per the details mentioned below:

Admission Fee: All selected students have to pay an Admission Fee of ` 5,000 towards the confirmation of admission.

Program Fee: Students should pay the fee for all semesters, as per the due dates indicated in the Student Handbook. The first semester program fee is payable on or before July 29, 2016.

Particulars
BBA-LLB(Hons.) (10 Semesters)
Domicile Non-Domicile / International
Program Fee per semester (Rs.) 19,500 39,000
Total Program fee (Rs.) 1,95,000 3,90,000


Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

Caution Deposit: All students are required to pay a caution deposit of ` 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Remittance: All payments should be made by way of Demand Draft drawn in favor of "The ICFAI University, Sikkim -Fee Collection A/c", payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the Law Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Law Program.

A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note: Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

B.Com Program


Fee comprises of admission fee, program fee, exam fee, caution deposit and alumni fee.

Admission Fee: Admission Fee of ₹ 5,000 for MBA Program and ₹ 3,000 for BBA, BCA, B.Com, BHM, BTTM and Diploma in Financial Markets Programs is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment of admission fee is July 21, 2016.

Exam Fee: All the students need to pay an amount of ₹ 1,500 per semester for UG programs and ₹ 3,000 per semester for MBA program towards Exam Fee along with the program fee.

Program Fee: Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time. The first semester fee for all programs, is to be paid on or before July 29, 2016.

Particulars
B.Com (6 Semesters)
Domicile Non-Domicile / International
Fee per semester (Rs.) 8,800 16,750
Total program fee (Rs.) 52,800 1,00,500


Note: Domicile (D); Non-domicile (ND); International (Intl)

Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

International Students: Non-domicile fee is applicable for all international students including PIO (People of Indian Origin) or OCI (Overseas Citizen of India) card holders.

Caution Deposit: All students are required to pay a caution deposit of ₹ 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Alumni Fee: An Alumni Fee of ₹ 5,000 will be paid by all students in the final semester of the program along with the semester fee.

Remittance: All payments should be made by way of demand draft or bankers cheque drawn in favor of "The ICFAI University, Sikkim - Fee Collection A/c" payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program. A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note : Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15

LLB Program


The fee comprises of Admission Fee, Program Fee and Caution Deposit (Refundable) as per the details mentioned below:

Admission Fee: All selected students have to pay an Admission Fee of ` 5,000 towards the confirmation of admission.

Program Fee: Students should pay the fee for all semesters, as per the due dates indicated in the Student Handbook. The first semester program fee is payable on or before July 29, 2016.

Particulars
LLB (6 Semesters)
Domicile Non-Domicile / International
Program Fee per semester (Rs.) 10,000 20,000
Total Program fee (Rs.) 60,000 1,20,000


Domicile: Students belonging to neighboring GTA (Gorkha Territorial Administration) will be treated on par with the domicile students of Sikkim.

Caution Deposit: All students are required to pay a caution deposit of ` 5,000 along with the first semester fee. The caution deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the program.

Remittance: All payments should be made by way of Demand Draft drawn in favor of "The ICFAI University, Sikkim -Fee Collection A/c", payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the Law Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Law Program.

A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination (10+2 or its equivalent) will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining the minimum 7.0 GPA. The details are as presented in the following table.

Aggregate % in qualifying examination % of program fee given as merit scholarship
= 90% 75%
= 75% - < 90% 60%
= 65% - < 75% 50%
Note: Eligible students need to apply for the scholarship by September 15, 2016 in a prescribed format.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA)
Category I Category II Category III
= 9.00 = 8.50 -< 9.00 = 8.00 -< 8.50
% of Program fee of the semester will be awarded as scholarship
30 22 15