Preamble:

The fee for the General Merit and NRI Quota students in the Academy shall be regulated by the Fee Fixation Committee constituted by the Chancellor of the Academy. The fees for the other shall be as specified by the Finance Committee and Academic Council with approval of Board of Management.

The Fee Policy applies to all the students (including applicants, where applicable) of Sri Siddhartha Academy of Higher Education.

Introduction

This document sets out the policy and procedures of Sri Siddhartha Academy of Higher Education, concerning student fees, charges and refunds. Finance Committee and Academic Council provide advice and input to the policy. All student fees are required to be paid by a specified due date. Failure to pay outstanding fees will result in the cancellation of a student’s enrolment. Final year students will not be awarded a graduation and no complete results or complete academic records will be issued, unless full payment of all outstanding dues is cleared.

General Principles:

Authority for Course Tuition Fees

The Finance Committee & Academic council has prime responsibility for the setting and approval of tuition fees for courses offered by the Academy on the basis of recommendation of the Fee Fixation Committee constituted by the Chancellor of the Academy, approves the range of fees for courses offered by each students.

Authority for other Fees:

The Vice Chancellor, Administration authorities approves the other fees on the recommendations of the Finance Committee and Academic council.

Due Date for Payment:

All student fees are required to be paid by a specified due date. Failure to pay outstanding fees will result in the cancellation of a student’s enrolment. Final year students will not be recorded as a graduate and no complete results or complete academic record will be issued, unless full payment of all outstanding dues is cleared.

Fee reminder:

Where a student has an outstanding due, then a fee reminder will be issued within two weeks of the due date.

Encumbrance:

Where a student continues to have an outstanding dues (i.e., tuition fees, fines etc), their enrolment will be encumbered if they have not paid this dues by the due date fixed by the Academy. The encumbrance will cause the following disabilities:

• inaccessibility to library borrowing and other library services
• inaccessibility to Academy computer systems, including internet
• inaccessibility to enrolment records, examination results and academic transcripts
• inability to graduate until the outstanding dues is cleared.

Encumbered students will be informed that if they make no further payment or do not contact the Academy concerning their debt, their enrolment may be cancelled (i.e. invalidated).