Fee Structure (2024-2027 batch)

The below information is applicable for all applicants of the School of Interwoven Arts & Sciences, Krea University Undergraduate Program 2024 -27.

* 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

* Please note the fee and other aspects are subject to change

*If you have applied for Financial Assistance, you will receive your FA decision by the stipulated timeline communicated to you. The fee structure provided might change according to the financial assistance offered.

*Please note that all fee payments are to be made through your student dashboard. Access to each fee block will be activated on your dashboard in line with the aforementioned timeline.

Fee Payment Schedule

Installment Month Admission Fee One time Refundable deposit Tuition Fee Living Expense Total Payable
Acceptance Fee Roundwise INR 35,000 NA INR 50,000 NA INR 85,000
Trimester 1 Fee Installment 1 Roundwise NA NA INR 1,40,000 NA INR 1,40,000
Installment 2 Roundwise NA NA INR 65,000 NA INR 65,000
Installment 3 Roundwise NA INR 50,000 NA INR 65,000 INR 1,15,000
Trimester 2 Fee At the beginning of Trimester 2 NA NA INR 280,000 INR 70,000 INR 3,50,000
Trimester 3 Fee At the beginning of Trimester 3 NA NA INR 280,000 INR 65,000 INR 3,45,000
Total INR 35,000 INR 50,000 INR 8,15,000 INR 2,00,000 INR 11,00,000

Fee Payment Timeline

 

RoundAcceptance
Fee
Trimester 1
fees
1st
installment
Trimester 1
fees
2nd
installment
Trimester 1
fees
3rd
installment
Trimester
2
fees
Trimester 3
fees
Round 1
21 Jan, 2024
11 Mar, 202410 May, 202408 Jun, 202430-Sep-202406-Jan-2025
Round 215 Apr, 202410 May, 202408 Jun, 20245 Jul, 2024
Round 310 Jun, 202423 Jun, 20245 Jul, 2024
Round 415 Jul, 2024

Disclaimer: The fee structure provided applies to the Cohort of 2024-2027. The updated fee structure for the incoming batch will be available soon.

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 July 3, 2023, please click here

The tentative notified last date of admissions: 15 July, 2024

Sr. No.Percentage of Refund of Aggregate feesDate when notice of withdrawal of admission is served to KreaKrea will refund if the withdrawal request is received on or before
1100%15 days or more before the formally-notified last date of admission1 July 2024
290%Within 15 days before the formally- notified last date of admission.15 July 2024
380%Within 15 days after the formally-notified last date of admission30 July 2024
450%Between 16 days and 30 days after the formally- notified last date of admission14 August 2024
50More than 30 days after the formally- notified last date of admissionNo refunds for requests received
on or later than 14 August 2024

Note:

*The University reserves the right to nullify the enrolment and dismiss the student even during the course of studies in the programme in case the information provided by the applicant is found to be untrue.

  1. 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 processing fee refund is subject to change as per UGC refund policy 2024.
  2. The one-time deposit of INR 50,000/- will be refunded at the time of graduation from Krea University or withdrawal of admission subject to recoveries, if any, pending from the student.
  3. 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 3 made to the Fee Centre [email protected] with the Office of Admissions [email protected] in copy.
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: 15 July, 2023
NoPercentage of refund of aggregate feesDate when notice of withdrawal of admission is served to KreaKrea will refund if the withdrawal request is received on or before
1100%15 days or more before the formally-notified last date of admission30 June 2023
290%

Within 15 days before the formally – notified last date of admission15 July 2023
380%

Within 15 days after the formally – notified last date of admission30 July 2023
450%

Between 16 days and 30 days after the formally -notified last date of admission14 Aug 2023
50

More than 30 days after the formally notified last date of admissionNo refunds for requests received on or later than
15 Aug 2023

Note:
  1. 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.
  2. The one-time Deposit of INR 50,000/- will be refunded at the time of graduation from Krea University or withdrawal of admission subject to recoveries, if any, pending from the student.
  3. 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 Fee Centre [email protected] with the Office of Admissions [email protected] in copy.