Resource Mobilization Policy

The institutional financial management is a well-planned and transparent mechanism. The Resource Mobilization Policy enumerates strategies and protocols for financial planning and funds mobilization. The Management monitors the optimal utilization of funds in a manner that promotes learning and keeping in line with the vision and mission of the institution.

The main sources of funds are:

• Tuition Fees
• Hostel Fees
• Bus fee
• Central/State Government funding for NSS
• PTA Funds
• Alumni contributions
• Financial assistance from Management.
• Donation from philanthropists
• CSR Fund (Corporate Social Responsibility)
• FCRA Fund (Foreign Contribution Regulation Act)
• and Miscellaneous.

The Resource mobilization policy focuses on achieving the goals and target of the institution ensuring accountability and transparency. The Executive Committee co-ordinates and monitors the optimal utilization of the funds for the promotion of learner-centric ecosystem.

• The Institution is a centrally managed non-profit organisation with Executive Committee members which ensures the income generated is spent optimally in the institution itself.
• Tuition Fees, CSR Funds and FCRA Funds are mainly used to meet the infrastructural development of the institution while starting new programmes and centres.
• The management provides financial assistance to host Research Promotional Programmes, Colloquiums, Workshops, Seminars, Association Activities, Faculty Development Programs (FDPs).
• Scholarships and Free-ships are provided to the deserving students.
• No income is generated from bus fee and hostel fee.
• Transparency and accountability are ensured by conducting Internal and Extremal Auditing. The Management of accounts and all the payments sanctioned are audited internally as well as externally under the supervision of General Secretary and Treasurer on behalf of the management. Daily transactions are verified by the Accounts and Administrative office of the Institution.