Fee Structure

*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 DeadlineAdmission FeeTuition FeeLiving ExpenseTotal Payable
Acceptance FeeFor each round of application as per specified dates**INR 35,000INR 50,000NAINR 85,000
Trimester 1 FeeInstallment 1For each round of application as per specified dates**NAINR 1,20,000NAINR 1,20,000
Installment 2For each round of application as per specified dates**NAINR 45,000INR 50,000INR 95,000
Trimester 2 Fee29th October 2021NAINR 2,35,000INR 55,000INR 2,90,000
Trimester 3 Fee25th February 2022NAINR 2,60,000INR 55,000INR 3,15,000
TotalINR 35,000INR 7,10,000INR 1,60,000INR 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 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 admission26 July 2021
290%Within 15 days before the formally- notified last date of admission.10 Aug 2021
380%Within 15 days after the formally-notified last date of admission25 Aug 2021
450%Between 16 days and 30 days after the formally- notified last date of admission9 Sept 2021
50More than 30 days after the formally- notified last date of admissionNo refund for requests received on or later than 9 Sept 2021

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 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.
  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 Office of Admission at admissions@krea.edu.in