305, Govt. Polytechnic Building, Ali Yawar Jung Marg, Bandra (E), Mumbai - 400 051 (M.S.), INDIA |
| APPROVED FORMAT FOR COMPUTATION OF FEES FOR YEAR 2016-17 AND STREAM PH | ||||||
| 1 | Name of the College/Institute: Shree Mahavir Education Society's Institute Of Technology(Pharmacy), Nashik Code: DPH5281 Stream: PH Year: 2016-17 Location: GAT NO.166, MHASRUL-VARVANDI ROAD VILLAGE-VARVANDI, TAL-DINDORI, DIST-NASHIK |
|||||
| 2 | ||||||
| Approved fee for Academic Year 2015-16 NA | ||||||
| A) Approved fee for Academic Year 2015-16 Rs. | 64140 | |||||
| Approved Interim Fees for AY 2016-17 (5% More than the fee approved by Samiti for 2015-16 ) Rs. | NA | |||||
| Is the institute desirous of upward revision of fees for the AY 2016-17 and intends not to retain/reduce fees duly approved either by FRA / Shikshan Shulka samiti for the AY 2015-16? |
Proposal Status-
No
Proposed fee for 2016-17 64140 Rs. |
|||||
| B) Collected fee as per affidavit Rs. | 64140 | |||||
| C) Year of recognition by respective council/Government : | 2003 | |||||
| 2.1 | In case the Institute has not submitted its fee approval proposal for 2015-16, the fees collected by it per student Rs. | 64140 | ||||
| 4 | Computation of final tuition fee and development fee: | Expenditure incurred (in Rs.) | ||||
| Total | Per Student (divided by 4.8) | |||||
| 4.1.1 | Salary expenditure for 2015-16 to approved teaching /non teaching
staff. as per DTE / AICTE / PCI / COA / GOVERNMENT / UNIVERSITY
norms the figure to be given of Professors/Associates
Professors/Assistant Professors as per the norms required and actual No.
|
4643075 | 38692 | |||
| 4.1.2 |
Salary/Honorarium paid to visiting Faculties and their numbers
|
36850 | 307 | |||
| 4.1.3 | Total Salary Expenditure ( 4.1.1+4.1.2) | 4679925 | 38999 | |||
| 4.2 | Non salary revenue expenditure (Rent, Interest on loan, Penalties if any legal charges and unrelated expenditure to be excluded
, except interest paid on TEQUIP loan
) for 2015-16 (See Norm 2.2) |
1832827 | 15274 | |||
| 4.2.1 | a) Less income derived by using college property (See norm 2.14) |
0 | ||||
| b) Hostel expenses, if any (See norm 2.2.2) |
0 | |||||
| 4.2.2 | Total (4.1.3 + 4.2) - (4.2.1) | 6512752 | 54273 | |||
| 4.2.3 | 10% of 4.2.2 for increase in cost for 2015-16 (See norm 1.5) | 651275 | 5427 | |||
| 4.3 | Usage charge for building ( See norm 2.4.1) - Regular / First Shift Rs. 3500 per student for total sanctioned intake |
420000 | 3500 | |||
| Usage charge for building ( See norm 2.4.1) - Second Shift Rs. 1750 per student for total sanctioned intake |
0 | |||||
| 4.4 |
Depreciation on other assets at approved rates as on 31.03.2016 (See norm 2.4) - Regular / First Shift |
61937 | 516 | |||
| 4.5 | Total of (4.2.2 to 4.4)+ 4.11.1 | 7645964 | 63716 | |||
| 4.6 | Sanctioned strength in the course run in Academic Year 2015-16 (No.) - Regular / First Shift (This is to exclude the Tution Waiver Scheme (TWS) students) |
120 | ||||
| Sanctioned strength in the course run in Academic Year 2015-16 (No.) - Second Shift (This is to exclude the Tution Waiver Scheme (TWS) students) |
0 | |||||
| 4.7 | Actual strength in the course run in Academic Year 2015-16 (No.) - Regular / First Shift | 118 | ||||
| Actual strength in the course run in Academic Year 2015-16 (No.) - Second Shift | 0 | |||||
| 4.8 | Controlling strength (No.)(Higher of 4.6 & 4.7) - Regular / First Shift | 120 | ||||
| Controlling strength (No.)(Higher of 4.6 & 4.7) - Second Shift | 0 | |||||
| 4.9 | Tuition Fee (4.5 / 4.8) | 63716 | ||||
| 4.10 | Development fee (10% of 4.9) | 6372 | ||||
| 4.10.1 | Total fee (4.9 + 4.10) | 70088 | ||||
| 4.10.2 |
Credit for accreditation NAAC Grade - N NBA Courses - 0% |
0 (NAAC =0 + NBA =0) |
||||
| 4.10.3 | Total Fee (4.10.1 to 4.10.2) | 70088 | ||||
| 4.11 | Additional Expenditure of 6th pay commission if actually paid and not included in 4.1.1 (See norm 2.1.4) | |||||
| 4.11.1 - Total - 4.11.2 - per Student - |
||||||
| The amount in 4.11.2 is to be collected from all the students in the Institution. However for the students admitted in 2016-17 it is already included in their Tuition Fee (See 4.5) | ||||||
| Date Place Signature and Seal of person authorised in terms of section 2 (l) of the Act with Code No. |
||||||
|
Date Disallowance:- 1) 2) 3) 4) Prepared by: Checked by (Chartered Accountant) |
||||||