Rs 1.4 crore for MBBS: The college that offers India's costliest medical degree

economictimes.indiatimes.com:

DY Patil Medical College, situated in Navi Mumbai, has India's costliest medical degree on offer, a ToI report revealed on August 15. The MBBS degree offered by the college, at an eye-watering Rs 30.5 lakh fee a year, is the country's most expensive course of its kind, the report said. The total cost of the four-and-a-half-year degree from the college comes to more than Rs 1.35 crore.

The fees include hostel charges, but there also is an additional one-time university fee of Rs 2.84 lakh. Students have to pay this university fee at the time of admission itself. DY Patil college's sister campus in Pune charges Rs 29.5 lakh fees a year.

This is followed by the Bhartiya Vidyapeeth Medical College (Pune), with Rs 26.84 lakh fees. Such high fee is not just a DY Patil phenomenon. A significant number of deemed colleges also charge fee for MBBS degree upwards of Rs 25 lakh.

A large majority of such colleges are located in the state of Tamil Nadu, the report revealed. The fees at Chennai’s Sri Ramachandra Medical College is Rs 28.13 lakh. SRM Medical College from Chennai comes next, with an annual fee of Rs 27.2 lakh.

These amounts normally include annual tuition fee and hostel expenses. Some colleges, however, also levy additional fees during admissions under different heads. These could include university fee, refundable deposits and caution money.

All told, fees at such colleges end up running into several lakhs. At certain institutes, students have to mandatorily opt for hostel facilities. While the tuition fee remains constant for the entire course at some of the colleges, at some others, the tuition fee rises by 2% to 3% each year (the raise is based on inflation).