Xavier Labour Relations Institute Fees Structure 2024;Xavier Labour Relations Institute (XLRI) is a premier management institute located in Jamshedpur, Jharkhand. It is one of the oldest B-schools in India and has been consistently ranked among the top management institutes in the country. Students from all over India and abroad aspire to study at XLRI, and one of the primary factors that influence their decision is the fees structure.
XLRI has released its fees structure for the academic year 2024, and students can find all the relevant information on the institute’s official website. The fees structure is divided into various components, including tuition fees, accommodation charges, and other expenses. Students can choose from a range of courses, including Post Graduate Diploma in Management (PGDM), Executive PGDM, Fellow Program in Management (FPM), and more. The fees for each course are different, and students are advised to check the fees structure before applying for admission.
XLRI offers various payment options to students, and they can choose the one that is most convenient for them. Students can pay the fees in installments, and the institute also accepts payments through online modes. In addition to the tuition fees, students should also be aware of the additional costs associated with studying at XLRI, such as books, study materials, and other expenses. Students should also be aware of the refund policy and financial aid and scholarships available to them.
Key Takeaways
- XLRI is a premier management institute located in Jamshedpur, Jharkhand, and has released its fees structure for the academic year 2024.
- The fees structure is divided into various components, including tuition fees, accommodation charges, and other expenses.
- XLRI offers various payment options to students, and they should also be aware of the additional costs associated with studying at the institute, as well as the refund policy and financial aid and scholarships available to them.
Overview of Fees Structure
Xavier Labour Relations Institute (XLRI) is a highly esteemed and internationally accredited B-school in India, boasting two campuses: XLRI Jamshedpur and XLRI Delhi NCR. The institute offers various management programs including PGDM (BM), PGDM (HRM), and PGDM (GM). The fees for the academic year 2024-26 are as follows:
Tuition Fees
The tuition fees for the PGDM (BM) and PGDM (HRM) programs are INR 28.6 Lakhs for the two-year course. The PGDM (GM) program fees are INR 20 Lakhs for the one-year course. The fees are inclusive of tuition fees, library fees, computer fees, and alumni fees.
Accommodation Charges
The accommodation charges for the academic year 2024-26 are as follows:
- For Jamshedpur campus, the charges for single occupancy are INR 1.5 Lakhs per annum, and for double occupancy, the charges are INR 1.2 Lakhs per annum.
- For Delhi NCR campus, the charges for single occupancy are INR 2.25 Lakhs per annum, and for double occupancy, the charges are INR 1.8 Lakhs per annum.
Dining and Meal Plans
The institute provides a variety of dining and meal plans to the students. The charges for the dining and meal plans are as follows:
- For Jamshedpur campus, the charges for the vegetarian meal plan are INR 67,500 per annum, and for the non-vegetarian meal plan, the charges are INR 78,000 per annum.
- For Delhi NCR campus, the charges for the vegetarian meal plan are INR 90,000 per annum, and for the non-vegetarian meal plan, the charges are INR 1,02,000 per annum.
Overall, the fees for the XLRI programs are on the higher side, but the institute offers excellent facilities and infrastructure to the students.
Payment Options
XLRI offers various payment options to its students to ease the burden of paying the fees. In addition to the regular fees, students are also required to pay a caution deposit of INR 30,000, which is refundable on completion of the program.
Installment Plans
XLRI offers installment plans for students who are unable to pay the entire fees at once. The fees can be paid in four installments, with the first installment of INR 2,50,000 due at the time of admission. The second installment of INR 5,00,000 is due on October 15, 2024, the third installment of INR 5,00,000 is due on January 15, 2025, and the final installment of INR 5,00,000 is due on April 15, 2025.
Scholarship Adjustments
XLRI offers scholarships to deserving students based on their academic performance and financial need. The scholarships can cover up to 100% of the tuition fees. Students who receive scholarships can adjust the amount against their fees. The remaining amount, if any, can be paid using the installment plans.
Loan Facilities
XLRI has tie-ups with various banks to provide education loans to its students. Students can avail of these loans to pay their fees and other expenses. The loans are available at competitive interest rates and can be repaid over a period of up to 15 years. Students can choose from various repayment options, including the moratorium period, which allows them to start repaying the loan after they complete the program.
XLRI also offers the option of paying the fees through online payment gateways. Students can use their credit/debit cards or net banking facilities to pay the fees. The institute also accepts payments through demand drafts and bank transfers.
Additional Costs
XLRI’s fees structure for the academic year 2024-2026 is INR 28.6 Lakhs for its flagship 2-year PGDM program [1]. However, in addition to the tuition fees, students should also take into account the additional costs that come with pursuing a management degree at XLRI.
Study Materials
XLRI provides students with all the necessary study materials, including textbooks, case studies, and other relevant materials. However, students may choose to purchase additional study materials such as books, journals, and other reference materials to supplement their learning. These additional costs can vary depending on the student’s individual needs and preferences.
Extracurricular Activities
XLRI offers a wide range of extracurricular activities such as sports, cultural events, and student clubs and societies. These activities provide students with opportunities to develop their skills and interests outside of the classroom. However, participation in these activities may come with additional costs such as membership fees, equipment costs, and travel expenses.
Travel and Transportation
XLRI’s campus is located in Jamshedpur, Jharkhand. Students who live outside of Jamshedpur may need to incur additional costs for travel and transportation. These costs may include airfare, bus or train fare, and local transportation costs such as taxis or auto-rickshaws.
Overall, while XLRI’s fees structure for the academic year 2024-2026 is competitive, students should also consider the additional costs associated with pursuing a management degree at the institute. By planning ahead and budgeting accordingly, students can make the most of their time at XLRI without breaking the bank.
[1] XLRI Jamshedpur Courses & Fees 2024. (n.d.). Collegedunia. Retrieved December 25, 2023, from https://collegedunia.com/college/19268-xlri-jamshedpur/courses-fees
Refund Policy
XLRI has a refund policy in place for students who withdraw from the program or cancel their admission. The refund amount is determined based on the date of withdrawal or cancellation and the amount of fees paid by the student.
If a student withdraws from the program before the commencement of classes, they are eligible for a full refund of the fees paid, except for the registration fee. If a student withdraws from the program after the commencement of classes, the refund amount is determined based on the number of days attended by the student.
XLRI has a sliding scale for calculating the refund amount based on the number of days attended by the student. The refund percentage decreases with each passing day, and after a certain number of days, no refund is provided. The exact details of the refund policy can be found on the XLRI website.
It is important to note that the refund policy only applies to the tuition fees paid by the student. Any other fees paid, such as hostel fees or mess fees, are non-refundable. Additionally, any fees paid to XLRI through a third-party payment gateway are subject to the refund policy of the payment gateway, and XLRI is not responsible for any discrepancies in the refund amount.
XLRI strives to ensure that the refund process is transparent and efficient. The refund amount is typically processed within 30 days of the receipt of the withdrawal or cancellation request. If there are any delays or issues with the refund process, the student can contact the XLRI administration for assistance.
Financial Aid and Scholarships
Xavier Labour Relations Institute (XLRI) offers various financial aid and scholarship options to students to help them finance their education. Here are some of the options available for students:
Merit-Based Scholarships
XLRI offers merit-based scholarships to students who have performed exceptionally well in their academics. These scholarships are awarded based on the student’s academic performance in their previous studies and their performance in the entrance exams. The amount of scholarship awarded varies and is usually a percentage of the tuition fees. Students can apply for these scholarships during the admission process.
Need-Based Grants
XLRI also offers need-based grants to students who require financial assistance to complete their education. These grants are awarded based on the student’s financial need and are usually awarded to students who come from economically weaker sections of the society. The amount of grant awarded varies depending on the student’s financial need. Students can apply for these grants during the admission process.
External Sponsorships
XLRI has tie-ups with various external organizations that offer sponsorships to students to help them finance their education. These organizations include government agencies, private companies, and non-profit organizations. Students can apply for these sponsorships during the admission process.
Overall, XLRI offers a range of financial aid and scholarship options to students to help them finance their education. Students are encouraged to explore these options and apply for the ones that suit them the best.
Insurance and Health Services
XLRI Jamshedpur provides its students with comprehensive health insurance coverage during the duration of their program. The institute understands the importance of good health and wellbeing for its students to excel in their academic and professional pursuits.
The health insurance coverage includes medical expenses for hospitalization, accident, and pre-existing illnesses. The insurance also covers expenses for doctor consultations, diagnostic tests, and medicines. The institute has tied up with a leading insurance provider to offer the best coverage to its students.
In addition to health insurance, XLRI Jamshedpur also has an on-campus medical center with qualified doctors and nurses. The medical center provides primary healthcare services, emergency care, and referrals to specialists if required.
XLRI Jamshedpur also has a tie-up with a leading healthcare provider to offer its students and their families access to quality healthcare services at discounted rates. This tie-up ensures that the students and their families have access to the best healthcare facilities in the city.
Overall, XLRI Jamshedpur’s health insurance and healthcare services ensure that its students can focus on their academic and professional pursuits without worrying about their health and wellbeing.
International Students
XLRI welcomes international students to enroll in their programs. As an international student, it is important to consider the currency exchange rates and international wire transfer fees when paying the tuition fees.
Currency Exchange Rates
International students must pay their tuition fees in Indian Rupees (INR). Therefore, it is important to consider the exchange rate when making payments. It is recommended that students use a reliable currency exchange service to avoid any discrepancies. Students can also check with their local banks to see if they offer a currency exchange service.
International Wire Transfers
International wire transfers are a common method of payment for international students. XLRI provides the necessary bank account information for students to make the transfer. However, it is important to consider the fees associated with international wire transfers. Banks often charge a fee for international wire transfers, and students should check with their bank to see what the fees are. It is also important to consider the time it takes for the transfer to be completed, as it can take several days for the funds to be received.
XLRI does not cover any fees associated with international wire transfers, and it is the responsibility of the student to cover these costs. It is recommended that students plan ahead and make the necessary arrangements to ensure that the tuition fees are paid on time.
Frequently Asked Questions
What are the annual tuition fees for Xavier Labour Relations Institute in 2024?
The annual tuition fees for Xavier Labour Relations Institute (XLRI) in 2024 is INR 14,50,000. This fee includes tuition, library, computer, and internet charges. It does not include accommodation, mess, and other expenses.
How much does it cost per semester to attend XLRI in 2024?
XLRI has two semesters per year, and the cost per semester for 2024 is INR 7,25,000. This fee includes tuition, library, computer, and internet charges. It does not include accommodation, mess, and other expenses.
What is the total cost of tuition and accommodation at Xavier Labour Relations Institute for 2024?
The total cost of tuition and accommodation at XLRI for 2024 varies depending on the type of accommodation chosen. For example, the total cost for a single room with attached bathroom is INR 20,80,000 per year, while the total cost for a double room with attached bathroom is INR 17,50,000 per year. This fee includes tuition, library, computer, and internet charges, as well as accommodation and mess charges.
What are the fees for the Executive MBA program at XLRI for working professionals?
The fees for the Executive MBA program at XLRI for working professionals vary depending on the program chosen. The fee for the Executive Diploma in Human Resource Management program is INR 7,00,000, while the fee for the Executive Diploma in Business Management program is INR 8,50,000. These fees include tuition, library, computer, and internet charges.
What is the fee structure for XLRI’s Delhi campus MBA program in 2024?
The fee structure for XLRI’s Delhi campus MBA program in 2024 is the same as the fee structure for the Jamshedpur campus. The annual tuition fee for the MBA program is INR 14,50,000, and the cost per semester is INR 7,25,000. This fee includes tuition, library, computer, and internet charges. It does not include accommodation, mess, and other expenses.
What are the eligibility criteria for the XLRI IEV program?
The XLRI IEV program is a one-year full-time program for entrepreneurs. The eligibility criteria for the program include a bachelor’s degree in any discipline from a recognized university, a minimum of three years of work experience, and a valid GMAT/CAT/XAT score. The program fee for 2024 is INR 9,80,000. This fee includes tuition, library, computer, and internet charges. It does not include accommodation, mess, and other expenses.
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