Arcade Business College Fee Structure Overview

Arcade Business College is a prominent institution offering a range of courses designed to equip students with the skills needed for success in the business world. The fee structure at Arcade Business College is an essential aspect that prospective students consider when deciding on their educational journey. Understanding the fees associated with different programs, payment schedules, and available financial aid options can help students plan effectively for their education.

Tuition Fees by Program

The fee structure at Arcade Business College varies depending on the program of study. Below is a detailed breakdown of the fees for some of the popular programs offered at the college:

• Diploma in Business Management: This is a two-year program designed to provide students with comprehensive knowledge of business practices. The total tuition fee for this program is $8,000. The fees are distributed across four semesters, with each semester costing $2,000. Additionally, students are required to pay an examination fee of $300 per semester.

• Certificate in Office Administration: This one-year program focuses on equipping students with essential administrative skills. The total fee for this program is $4,500, divided into two semesters. Each semester costs $2,250, with an additional $200 per semester for examination fees.

• Advanced Diploma in Accounting: For students looking to specialize in accounting, this three-year program offers in-depth training. The total cost of the program is $12,000, with each of the six semesters costing $2,000. Examination fees are set at $350 per semester.

Additional Fees and Costs

In addition to tuition fees, students at Arcade Business College are required to pay several additional fees. These include:

• Registration Fee: A one-time fee of $150 is required for all new students upon admission.
• Library Fee: An annual fee of $100 grants students access to the college's extensive library resources.
• Technology Fee: To support the use of modern technology in education, students are charged a technology fee of $200 per year.
• Activity Fee: This fee of $50 per semester covers student activities, including clubs and societies.

Payment Options and Schedules

Arcade Business College offers flexible payment options to accommodate different financial situations. Students can choose to pay their fees in full at the beginning of the academic year or opt for a semester-based payment plan. The semester-based plan allows students to pay their fees in installments, making education more accessible.

The payment schedules are as follows:

• Full Payment Option: Students opting for full payment are required to settle their fees before the commencement of the academic year. A 5% discount is offered to students who choose this option.
• Semester-Based Payment: Fees can be paid in two installments per semester. The first installment is due before the start of the semester, and the second installment is due halfway through the semester. No discount is offered for this option.

Financial Aid and Scholarships

Arcade Business College is committed to making education affordable for all students. The college offers a variety of financial aid options, including scholarships, grants, and student loans.

• Merit-Based Scholarships: These scholarships are awarded to students who demonstrate exceptional academic performance. Scholarships can cover up to 50% of tuition fees.
• Need-Based Grants: For students who demonstrate financial need, the college offers grants that can cover up to 30% of tuition fees. Applications for need-based grants are reviewed on a case-by-case basis.
• Student Loans: The college has partnered with several financial institutions to offer student loans at competitive interest rates. These loans can be repaid over a period of 5-10 years after graduation.

Additional Financial Support

To further support students, Arcade Business College offers a Work-Study Program that allows students to work part-time on campus while studying. This program not only helps students earn money to offset their educational expenses but also provides valuable work experience.

Refund Policy

The college has a clear refund policy for students who withdraw from a program. The refund is calculated based on the date of withdrawal:

• Before the start of the semester: 100% of tuition fees refunded.
• Within the first two weeks of the semester: 75% of tuition fees refunded.
• After two weeks and before the mid-semester: 50% of tuition fees refunded.
• After the mid-semester: No refund.

Conclusion

Understanding the fee structure at Arcade Business College is crucial for prospective students as it allows them to plan their finances effectively. The college's flexible payment options, along with the availability of financial aid and scholarships, make it possible for students from diverse backgrounds to pursue their educational goals. By offering detailed information on fees and financial support, Arcade Business College ensures that every student has the opportunity to access quality education and achieve success in their chosen field.