Ximb registration



Keywords: ximb registration
Description: Xavier Institute of Management, Bhubaneswar

XIMB Fees: The academic fees for the first-year of this premium program would be only Rs.7,00,000.   An additional Rs.1,00,000 towards one-time Development Fee has to be paid along with it by each student at the time of joining the program.   The academic fee for the second-year at XIMB would be Rs.9,00,000, also payable at the beginning of the academic-year.   Those who branch off to Fordham would not have to pay XIMB tuition for the second year, but would have to pay a PEER Evaluation Fee of Rs.1 lakh at the time of submitting their PEER.   Room (non-a/c) and board expenses of around Rs.75,000 would have to be incurred for each nine-month period of stay in the XIMB campus; this is only indicative and may change due to macroeconomic conditions. Air-conditioned rooms may be available, especially for overseas candidates from cold countries – there is no guarantee though - but it would cost almost four times.

Fordham Fees : Actual fees payable to Fordham is $40,000 per student.   But, after a 40% discount, it would become $23,500.   Over and above it, Fordham would pay a scholarship of $3,500 to $13,500 per student, depending on the first-year performance at XIMB and economic-backwardness, to bring this down to $10,000 - $20,000.   After a further Fordham-Bound scholarship of $0-$10,000 by XIMB, based on the first-year average QPI/grade and economic-backwardness, it would become $0 - $20,000.   But, apart from this, once finalized, Fordham-bound students would have to spend around $5,000 - $7,000 towards their expenses related to visa, air-fare, transportation, room & food at New York, incidentals, and other expenses; this is only indicative and may change due to macroeconomic conditions.   Neither XIMB/XUB nor Fordham can guarantee the US visa, since it is completely the prerogative of the universities.

Refund Policy:   To accept the Provisional Admission Offer, one has to deposit Rs.1,50,000 with  the Institute within ten days of the offer; the balance (Rs.6,50,000) has to be paid by 5th June 2016. If the Institute receives a formal, signed written request of withdrawal from a student by 2:00pm  on 5th June 2016, all money paid less Rs.2,000 would be refunded.  If the Institute receives the  request after 2:00pm on 5th June 2016 but before registration on 19th June 2016, all money paid less  Rs.25,000 would be refunded.  If one withdraws after registration, no refund shall be made.  No  student would be allowed to register for the program once orientation starts on 19th June 2016.

Financial Aid: Loans from various banks without any collateral. would be available to finance the study.   Besides, at the end of each term at XIMB – both during the first year and the second - limited number of scholarships, up to Rs.3,25,000 would be given to economically-backward students who have shown excellent performance in that term (average QPI/grade of at least 7.0 in the term without any grade below C in any course and rank among the top top five).   Besides, as stated earlier, the above-cited Fordham-Bound scholarships may also be given at the end of the first-year by XIMB, XUB to economically backward students who have done very well in that year.






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