Fee Structure and schedule sias | Krea University - Top university for liberal education

Fee Structure

Application Fee - One-time payment of INR 500, non-refundable
Tuition fee - INR 7,10,000 per annum (subject to revision every year)
Living expenses* - INR 1,60,000 per annum (subject to revision every year)
Admissions fee at the time of acceptance - INR 35,000
One-time refundable deposit - INR 25,000 (payable in instalment 2 of trimester 1)

*Please note that living expenses include launderette costs up to Rs.500 per month.

* The annual fee is subject to revision every year in line with inflation. This would be in the range of 5% to 8% annually

Fee Payment Schedule

Installment		Payment Deadline	Admission Fee	Tuition Fee	Living Expense	Total Payable
Acceptance Fee		For each round of application as per specified dates**	INR 35,000	INR 50,000	NA	INR 85,000
Trimester 1 Fee	Installment 1	For each round of application as per specified dates**	NA	INR 1,20,000	NA	INR 1,20,000
Trimester 1 Fee	Installment 2	For each round of application as per specified dates**	NA	INR 45,000	INR 50,000	INR 95,000
Trimester 2 Fee		29th October 2021	NA	INR 2,35,000	INR 55,000	INR 2,90,000
Trimester 3 Fee		25th February 2022	NA	INR 2,60,000	INR 55,000	INR 3,15,000
		Total	INR 35,000	INR 7,10,000	INR 1,60,000	INR 9,05,000 ***

***The one-time refundable deposit of INR 25,000 will be payable in instalment 2 of Trimester 1

Note: Applicable for Class of 2021

Rounds	Offer release date	Acceptance Fee	Trimester 1 fees – 1st Installment	Trimester 1 fees – 2nd Installment
Round – 1	24th December, 2020	9th January 2021	10th May 2021	10th June 2021
Round – 2	5th March, 2021	24th March, 2021	10th May 2021	10th June 2021
Round – 3	13th May, 2021	28th May, 2021	25th June 2021	15th July, 2021
Round – 4	9th July, 2021	24th July, 2021	31st July, 2021

Refund Policy

Krea University’s refund policy conforms to the norms set by UGC is in accordance with the University Grants Commission (UGC) Notification on “UGC Notification Reg.: Refund of Fees and Non-Retention of Original Certificates”, which was published on their website on November 2, 2018, please click here. The table below details the same:

The tentative notified last date of admissions: 10 August, 2021

Sr. No.	Percentage of Refund of Aggregate fees	Date when notice of withdrawal of admission is served to Krea	Krea will refund if the withdrawal request is received on or before
1	100%	15 days or more before the formally-notified last date of admission	26 July 2021
2	90%	Within 15 days before the formally- notified last date of admission.	10 Aug 2021
3	80%	Within 15 days after the formally-notified last date of admission	25 Aug 2021
4	50%	Between 16 days and 30 days after the formally- notified last date of admission	9 Sept 2021
5	0	More than 30 days after the formally- notified last date of admission	No refund for requests received on or later than 9 Sept 2021

Note:

An amount of 5% of the fees paid by the student subject to a maximum of Rs. 5,000/- as processing charges from the refundable amount will be deducted towards processing charges before making the refund wherever applicable.
The one-time Deposit of INR 25,000/- will be refunded at the time of graduation from Krea University or withdrawal of admission subject to recoveries, if any, pending from the student.
Fees shall be refunded to an eligible student within fifteen days from the date of receiving a written application from him/her in this regard. Requests for refund should be made to the Office of Admission at admissions@krea.edu.in

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