How is the faculty at FAMT?

A total of 95 faculty members are there at the institute. Out of these 95, 12 are Ph.D holders. All the faculty members are highly experienced and knowledgeable and have completed their education from the reputed educational institutions across India and Abroad

Are accommodation facilities available at FAMT?

Finolex Institute offers accommodation inside the campus only to the girl students. The hostel fee usually ranges between INR 24,000 and 28,000 per year.

How many B.E. Mechanical Engineering seats are there at FAMT?

A total of 90 seats are there in the B.E. Mechanical Engineering course at FAMT.

What is the eligibility criteria for BE at Finolex Academy of Management and Technology Ratnagiri?

BE is 4 years program. The Fees for BE is 3.68 Lakhs. The eligibility criteria for BE is 10+2.

What is the eligibility criteria for BE {Lateral} at Finolex Academy of Management and Technology Ratnagiri?

BE {Lateral} is 3 years program. The Fees for BE {Lateral} is 2.76 Lakhs. The eligibility criteria for BE {Lateral} is 10+3.

What is the eligibility criteria for MCA at Finolex Academy of Management and Technology Ratnagiri?

MCA is 2 years program. The Fees for MCA is 1.26 Lakhs. The eligibility criteria for MCA is Graduation + MAH MCA CET.

How many courses are offered at Finolex Academy of Management and Technology Ratnagiri? Also what are the popular courses at Finolex Academy of Management and Technology Ratnagiri?

There are 15 courses offered at Finolex Academy of Management and Technology Ratnagiri. The popular courses offered at Finolex Academy of Management and Technology Ratnagiri are BE, BE {Lateral}, MCA.

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Finolex Academy of Management and Technology Ratnagiri Cutoff 2025: Check Category-wise and Round-wise Cutoff

Q: What is the BE fees at Finolex Academy of Management and Technology Ratnagiri?

The BE fees at Finolex Academy of Management and Technology Ratnagiri is 3.68 Lakhs.

Q: What is the BE {Lateral} fees at Finolex Academy of Management and Technology Ratnagiri?

The BE {Lateral} fees at Finolex Academy of Management and Technology Ratnagiri is 2.76 Lakhs.

Q: What is the MCA fees at Finolex Academy of Management and Technology Ratnagiri?

The MCA fees at Finolex Academy of Management and Technology Ratnagiri is 1.26 Lakhs.

Q: What is the hostel fee at Finolex Academy of Management and Technology Ratnagiri?

The Hostel fee for Finolex Academy of Management and Technology Ratnagiri is 24,000 - 28,000.

Ratnagiri, MaharashtraEstd 1996 Mumbai University, Mumbai NAAC Grade B++ 2.8

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Content Curator | Updated on - Aug 4, 2025

Finolex Academy of Management and Technology Ratnagiri Latest Updates and News

06 Aug, 2025 MHT CET CAP Round 2 Vacancy List 2025 has been released. Check Vacancy List. Candidates can submit the CAP Round 2 option form @fe2025.mahacet.org from Aug 6 to 8, 2025, and the Second Allotment Result will be published on Aug 11, 2025. Check Schedule.

Finolex Academy of Management and Technology Ratnagiri cutoff is available for MHT-CET, MAH-MCA-CET, Maharashtra-JEE-Main, JEE-Main here. You can check category wise Finolex Academy of Management and Technology Ratnagiri cutoff for popular courses such as BE, MCA below.

Finolex Academy of Management and Technology Ratnagiri offers admission to BE through MHT-CET, Maharashtra-JEE-Main, JEE-Main. For Admission in MCA courses, Finolex Academy of Management and Technology Ratnagiri accept MAH-MCA-CET score. You can check the table below to know the accepted exams for courses offered by Finolex Academy of Management and Technology Ratnagiri (Cutoff Range below is across all categories).

Course	Exam	Cutoff
BE	MHT-CET	2.38 - 90.85
MCA	MAH-MCA-CET	4.07 - 92.18
BE	Maharashtra-JEE-Main	40969 - 97936
BE	JEE-Main	471721 - 1291483 (All India)

Table of Content

Finolex Academy of Management and Technology Ratnagiri MHT-CET Cutoff 2025
1. Finolex Academy of Management and Technology Ratnagiri BE Electrical Engineering Cutoff 2025
Finolex Academy of Management and Technology Ratnagiri MHT-CET Cutoff Trends
1. Finolex Academy of Management and Technology Ratnagiri MHT-CET BE Cutoff Trends: Category-wise
2. Finolex Academy of Management and Technology Ratnagiri MHT-CET BE Cutoff Trends: Course-wise
Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET Cutoff 2025
1. Finolex Academy of Management and Technology Ratnagiri MCA Cutoff 2025
Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET Cutoff Trends
1. Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET MCA Cutoff Trends: Category-wise
2. Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET MCA Cutoff Trends: Course-wise
Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main Cutoff 2025
1. Finolex Academy of Management and Technology Ratnagiri BE Artificial Intelligence & Machine Learning Cutoff 2025
Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main Cutoff Trends
1. Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main BE Cutoff Trends: Category-wise
2. Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main BE Cutoff Trends: Course-wise
Finolex Academy of Management and Technology Ratnagiri JEE-Main Cutoff 2025
1. Finolex Academy of Management and Technology Ratnagiri BE Artificial Intelligence & Machine Learning Cutoff 2024
Finolex Academy of Management and Technology Ratnagiri JEE-Main Cutoff Trends
1. Finolex Academy of Management and Technology Ratnagiri JEE-Main BE Cutoff Trends: Category-wise
2. Finolex Academy of Management and Technology Ratnagiri JEE-Main BE Cutoff Trends: Course-wise

Finolex Academy of Management and Technology Ratnagiri MHT-CET Cutoff 2025

Students can take admission in BE programs at Finolex Academy of Management and Technology Ratnagiri based on MHT-CET score. As per Finolex Academy of Management and Technology Ratnagiri MHT-CET Cutoff 2025, the overall cutoff for BE programs in Round 1 is 2.38 - 90.85 across all categories.

BE Electrical Engineering, is the top choice for students appearing in MHT-CET.

In 2025, BE Electrical Engineering closing percentile for GOBCH Category is 53.76 in Round 1.

You can check BE Electrical Engineering, category-wise closing percentile for MHT-CET below:

Finolex Academy of Management and Technology Ratnagiri BE Electrical Engineering Cutoff 2025

Category	Closing percentile
GOBCH	53.76
GOBCO	53.61
GOPENH	68.47
GOPENO	26.63
GSEBCH	25.47
LOBCH	61.8
LOPENH	67.22
LOPENO	35.54
TFWS	70.5
EWS	49.34
GSCH	28.98
LSEBCH	62.92
LOBCO	55.19
LSCH	48.56
LSEBCO	32.34
GVJH	44.26
LNT1H	62.14

Finolex Academy of Management and Technology Ratnagiri MHT-CET Cutoff Trends

Admission at Finolex Academy of Management and Technology Ratnagiri in BE Programs in 2025 was closed at 2.38 percentile whereas closing percentile in 2024 was 1.55 across all categories. You can check category-wise and course-wise closing percentile trends below:

Finolex Academy of Management and Technology Ratnagiri MHT-CET BE Cutoff Trends: Category-wise

Category	2025	2024	2023	2022	2021
GNT3H	70.51	53.82	33.34	28.46	20.43
GOPENH	63.82	52.03	30.59	13.54	11.79
TFWS	63.65	64.95	65.33	64.49	63.94
LNT1H	62.14	47.91	-	-	-
GOBCH	53.76	32.18	4.2	2.75	1.4
LOPENH	50.32	39.05	1.42	0.18	26.72
LNT3H	50.32	-	-	-	-
LOBCO	49.34	1.55	58.74	56.76	27.77
LSCH	48.56	18.15	50.81	61.26	19.03
LNT2O	46.76	60.5	74.87	-	-
LOBCH	45.98	16	15.93	57.69	3.91
LSTH	45.23	43.44	-	-	-
GNT2H	37.63	24.3	-	26.22	46.06
GOBCO	36.12	2.35	26.78	20.23	14.95
LOPENO	26.73	35.67	6.19	16.74	27.77
GNT1O	25.99	54.18	72.31	-	-
GSEBCH	25.47	16.89	-	-	-
GSEBCO	22.82	9.62	-	-	-
GNT1H	22.36	42.22	35.62	14.23	23.68
GVJH	21.62	13.04	9.36	43.3	37.84
LSCO	17.24	18.15	-	-	34.23
GVJO	15.82	21.39	8.14	-	-
LSEBCO	14.31	16.89	-	-	-
EWS	13.02	7.84	5.3	2.85	2.49
LSEBCH	11.13	41.04	-	-	-
GNT2O	9.79	22.17	39.93	11.31	-
GOPENO	9.11	11.47	3.7	3.28	13.19
DEFOPENS	6.49	47.91	45.85	49.44	-
LNT2H	5.99	16.24	36.61	-	-
GSCH	5.11	24.42	1.98	2.85	5.24
GSCO	2.38	7.97	28.6	30.56	41.62
AI	-	54.09	1.28	-	-
LVJO	-	14.74	-	-	-
PWDOPENH	-	39.54	43.22	-	-
PWDSCH	-	39.54	-	-	-
LNT1O	-	55.07	-	-	-
LVJH	-	49.51	-	-	-
LSTO	-	25.06	-	-	-
GSTH	-	39.24	11.43	-	-
GSTO	-	14.36	-	-	-
DEFOBCS	-	47.91	-	-	-
ORPHAN	-	27.66	-	-	-
PWDOBCH	-	18.7	-	-	-
GNT3O	-	11.72	-	-	-

Finolex Academy of Management and Technology Ratnagiri MHT-CET BE Cutoff Trends: Course-wise

Courses	Closing percentile 2025	Closing percentile 2024	Closing percentile 2023	Closing percentile 2022	Closing percentile 2021
Electrical Engineering	25.47	7.84	9.26	11.3	5.24
Information Technology	15.82	13.04	8.14	28.46	5.45
Cyber Security	15.82	-	-	-	-
Electronics & Telecom Engineering	9.79	2.35	3.7	8.79	8.81
Mechanical Engineering	9.11	1.55	1.85	2.57	2.49
Artificial Intelligence & Machine Learning	5.99	30.81	11.43	49.44	36.44
Chemical Engineering	2.38	25.06	1.28	0.18	1.4

Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET Cutoff 2025

Students can take admission in MCA programs at Finolex Academy of Management and Technology Ratnagiri based on MAH-MCA-CET score. As per Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET Cutoff 2025, the overall cutoff for MCA programs in Round 1 is 4.07 - 92.18 across all categories.

MCA , is the top choice for students appearing in MAH-MCA-CET.

In 2025, MCA closing marks for AI Category is 71.15 in Round 1.

You can check MCA , category-wise closing marks for MAH-MCA-CET below:

Finolex Academy of Management and Technology Ratnagiri MCA Cutoff 2025

Category	Closing marks
AI	71.15
EWS	74.78
GOBCH	46.38
GOBCO	4.07
GOPENH AI	80
GOPENO	51.41
GSCH AI	31.66
GSCO	44.53
TFWS	92.18

Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET Cutoff Trends

Admission at Finolex Academy of Management and Technology Ratnagiri in MCA Programs in 2025 was closed at 4.07 marks whereas closing marks in 2024 was 12.1 across all categories. You can check category-wise and course-wise closing marks trends below:

Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET MCA Cutoff Trends: Category-wise

Category	2025	2024	2023	2022	2021
TFWS	92.18	87.76	84.64	83.79	65.43
GOPENH AI	80	-	60.59	72.64	76.83
EWS	74.78	64.22	46.15	41.76	22.42
AI	71.15	60.05	67.48	-	66.02
GOPENO	51.41	49.58	42.51	43.03	50.93
GOBCH	46.38	68.18	38.96	50.17	49.63
GSCO	44.53	12.1	31.94	23.8	4.38
GSCH AI	31.66	-	-	-	-
GOBCO	4.07	14.7	3.01	21.42	43.7
GSCH	-	17.6	1.57	51.9	32.8
GNTDH	-	60.95	-	-	-
GSTH	-	68.05	-	-	-
GSTO	-	43.03	-	-	-
PWDOPENH	-	80.46	-	79.7	-
GNT2H	-	-	-	59.09	-
GNT2O	-	-	-	2.83	-
GNT3H	-	-	-	4.95	28.36
GNT3O	-	-	-	-	39.37

Finolex Academy of Management and Technology Ratnagiri MAH-MCA-CET MCA Cutoff Trends: Course-wise

Courses	Closing marks 2025	Closing marks 2024	Closing marks 2023	Closing marks 2022	Closing marks 2021
Master of Computer Applications [MCA]	4.07	12.1	1.57	2.83	4.38

Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main Cutoff 2025

Students can take admission in BE programs at Finolex Academy of Management and Technology Ratnagiri based on Maharashtra-JEE-Main score. As per Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main Cutoff 2025, the overall cutoff for BE programs in Round 1 is 40969 - 97936 across all categories.

BE Artificial Intelligence & Machine Learning, is the top choice for students appearing in Maharashtra-JEE-Main.

In 2025, BE Artificial Intelligence & Machine Learning closing rank for General Category is 40969 in Round 1.

You can check BE Artificial Intelligence & Machine Learning, category-wise closing rank for Maharashtra-JEE-Main below:

Finolex Academy of Management and Technology Ratnagiri BE Artificial Intelligence & Machine Learning Cutoff 2025

Category	Closing rank
General	40969

Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main Cutoff Trends

Admission at Finolex Academy of Management and Technology Ratnagiri in BE Programs in 2025 was closed at 97936 rank whereas closing rank in 2024 was 88509 across all categories. You can check category-wise and course-wise closing rank trends below:

Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main BE Cutoff Trends: Category-wise

Category	2025	2024	2023	2022
General	97936	88509	55475	47079

Finolex Academy of Management and Technology Ratnagiri Maharashtra-JEE-Main BE Cutoff Trends: Course-wise

Courses	Closing rank 2025	Closing rank 2024	Closing rank 2023	Closing rank 2022
Artificial Intelligence & Machine Learning	40969	35862	31806	18384
Cyber Security	53748	-	-	-
Information Technology	55760	47457	32848	24104
Electronics & Telecom Engineering	74632	82490	55475	47079
Mechanical Engineering	93069	-	-	-
Electrical Engineering	94748	-	-	-
Chemical Engineering	97936	88509	-	-

Finolex Academy of Management and Technology Ratnagiri JEE-Main Cutoff 2025

Students can take admission in BE programs at Finolex Academy of Management and Technology Ratnagiri based on JEE-Main score. As per Finolex Academy of Management and Technology Ratnagiri JEE-Main Cutoff 2024, the overall cutoff for BE programs in Round 2 for AI Quota is 471721 - 1291483, across all categories.

BE Artificial Intelligence & Machine Learning, is the top choice for students appearing in JEE-Main.

In 2024, BE Artificial Intelligence & Machine Learning closing rank for General Category for AI Quota is 471721 in Round 2.

You can check BE Artificial Intelligence & Machine Learning, category-wise closing rank for JEE-Main below:

Finolex Academy of Management and Technology Ratnagiri BE Artificial Intelligence & Machine Learning Cutoff 2024

Category	Closing rank
General	471721 (AI)

Finolex Academy of Management and Technology Ratnagiri JEE-Main Cutoff Trends

Admission at Finolex Academy of Management and Technology Ratnagiri in BE Programs in 2024 was closed at 1291483 (AI), rank whereas closing rank in 2023 was 61144 (AI), across all categories. You can check category-wise and course-wise closing rank trends below:

Finolex Academy of Management and Technology Ratnagiri JEE-Main BE Cutoff Trends: Category-wise

Category	2024	2023	2022	2021
General	1291483 (AI)	61144 (AI)	47079 (AI)	32212 (AI)

Finolex Academy of Management and Technology Ratnagiri JEE-Main BE Cutoff Trends: Course-wise

Courses	Closing rank 2024	Closing rank 2023	Closing rank 2022	Closing rank 2021
Artificial Intelligence & Machine Learning	471721 (AI)	35301 (AI)	18384 (AI)	32212 (AI)
Information Technology	520428 (AI)	42010 (AI)	24104 (AI)	31153 (AI)
Electronics & Telecom Engineering	1123011 (AI)	55519 (AI)	47079 (AI)	-
Chemical Engineering	1291483 (AI)	-	-	-

Finolex Academy of Management and Technology Ratnagiri Important Events

BTech/Integrated MTech (MHT CET)7

Finolex Academy of Management and Technology Ratnagiri Cutoff 2025

Exams

Finolex Academy of Management and Technology Ratnagiri, MHT CET Cutoff 2025

Finolex Academy of Management and Technology Ratnagiri, MHT CET Cutoff 2025 for LOPENH Category is listed below. The overall cutoff percentile for MHT CET is 50.32 - 90.43

Courses	Round 1 (Cutoff percentile)
BE Artificial Intelligence & Machine Learning	90.43
BE (Information Technology)	84.09
BE Cyber Security	83.21
BE Chemical Engineering	75.8
BE Electronics & Telecom Engineering	75.21

View MHT CET 2025 Cutoff

Finolex Academy of Management and Technology Ratnagiri, MAH MCA CET Cutoff 2025

Finolex Academy of Management and Technology Ratnagiri, MAH MCA CET Cutoff 2025 for GOPENO Category is listed below. The overall cutoff marks for MAH MCA CET is 51.41

Courses	Round 1 (Cutoff marks)
MCA	51.41

View MAH MCA CET 2025 Cutoff

Finolex Academy of Management and Technology Ratnagiri, Maharashtra JEE Main Cutoff 2025

Finolex Academy of Management and Technology Ratnagiri, Maharashtra JEE Main Cutoff 2025 for General Category is listed below. The overall cutoff rank for Maharashtra JEE Main is 40969 - 97936

Courses	Round 1 (Closing rank)
BE Artificial Intelligence & Machine Learning	40969
BE Cyber Security	53748
BE (Information Technology)	55760
BE Electronics & Telecom Engineering	74632
BE Mechanical Engineering	93069

View Maharashtra JEE Main 2025 Cutoff

Finolex Academy of Management and Technology Ratnagiri, JEE Main Cutoff 2024

Finolex Academy of Management and Technology Ratnagiri, JEE Main Cutoff 2024 for General Category is listed below. The overall cutoff for JEE Main is 471721 - 1291483

Courses	Round 1 (Closing rank)	Round 2 (Closing rank)
BE Artificial Intelligence & Machine Learning	471721	-
BE Chemical Engineering	1291483	-
BE (Information Technology)	-	520428
BE Electronics & Telecom Engineering	-	1123011

View JEE Main 2024 Cutoff

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Important Updates

Why To Join Finolex Academy of Management and Technology Ratnagiri - Reviews & Rating

4.1

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5(60%)

4(22%)

3(8%)

2(8%)

1(2%)

Academic

4.3

Faculty

4.3

Infrastructure

4.3

Accommodation

3.8

Social Life

4.3

Placement

3.8

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Review Rebel

3.0Helpful

BE, Electrical Engineering

Reviewed on Feb 26, 2025(Enrolled 2023)

My Experience at Engineering college & Honest Review

Likes

campus is good and the students are very nice
college life is good i make lot of new friends from different cities
the infrastructure is basic but need to work on that

Dislikes

Some teachers are very rude to students sometimes they target some specific students
the location of my college is very bad , my college is in MIDC area sometimes it smells very bad cause of factories

Admission:

i applied to a few colleges but secure confirm admission in mumbai university, faced rejection from some top tier institute due to high competion and cut offs,elligibility includes passing the 12th boards with pcm , acpacted exams like mht cet , jee mains , mht cet being most prefered ,cut offs are vary vearly based on resuts and competition the overall admission process is highly cpmpetetive.

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Purva sanjay Chavan

1.9Helpful

BE, Artificial Intelligence & Machine Learning

Reviewed on Dec 4, 2024(Enrolled 2021)

Get a better college for your better future

Likes

Our college is a great gathering our college arranges split sports
Campus areas too much back has lot of space for students to romeO more
College timing is good so that's students can manage there any other work to

Dislikes

The cafeteria food is not as expected as needed
There is not a immediate action to any problems we have
No playground available inside the campus for students

Admission:

Why this college according to other my first thing I choose the college is that it is under Mumbai University the college is having a great campus area has a average campus and yeah there are many things to explore in this college

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Akash Dinanath Bagade

4.7Helpful

BE, Information Technology

Reviewed on Nov 19, 2024(Enrolled 2020)

Engineering Campus Life

Likes

Boys and girls from many different places

Dislikes

I think there is nothing to tell about this

Admission:

The admission process is just simple in this college. Compared to other colleges, fees are average in this college. This is the main reason I chose this college. hostel, library canteen is good.

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Rehan Riyaz Dhamaskar

4.8Helpful

BE, Information Technology

Reviewed on Aug 25, 2024(Enrolled 2022)

Awesome

Likes

The Teaching staff is really supportive and take initiative towards students.
The college provides a lots of facilities like a big library and has a wifi connection throughout the campus.
The placement record of the cllg in the recent year is quite good.

Dislikes

Sometime the teachers have to rushed with the syllabus
Need to focus on the mentoring of the students
Must Appreciate the participation of students in other activities.

Admission:

This college was within the vicinity,and I had heard the placement records of the college was quit good over the year which attracted me. Although it was always my first choice to study in this college.

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Tejas Satish Salunkhe

5.0Helpful

BE, Electrical Engineering

Reviewed on May 31, 2024(Enrolled 2022)

My College is best college

Likes

Dislikes

Admission:

Addmission was done by merit list.But my addmission was not done by merit list so for me there is no scholarship scheme.Exams are of average level sometimes paper is hard and sometimes easy. For example we can also use previous question paper

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Tanmay Rawool

4.4

BE, Information Technology

Reviewed on Jun 14, 2023(Enrolled 2021)

My College Experience: A Comprehensive Review

Likes

I like the placement support that college give are so excellent
College campus is very beautiful and all the labs and classroom are very good
Faculty members are very friendly with students and solve all the queries of students

Dislikes

I don't like security of the college. The security guard of the college talking very arrogantly with students
College does not take much interest in extra curricular activities like sports, drama and other compitition

Admission:

Admission is taken on the basis of MHT-CET or JEE. Candidates should be 12th pass with science stream eligible for this course. CET cell conducts the admission process. Admission is purely taken on the basis of the candidate's score. There is no any kind of extra charges for taking admission through the institute round. The candidate who take admitted from institution round have to pay only the complete college fees not any kind of donation

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Anonymous

4.5Helpful

MCA

Reviewed on Dec 6, 2021(Enrolled 2020)

FAMT Review

Admission:

The candidate should be an Indian national. Candidates must have passed bachelor in any stream with a minimum of 50% marks overall. Candidate must have studied mathematics at (10+2) level or at graduation level examination.

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Solkar Razaan jameel

5.0

BE, Electrical Engineering

Reviewed on Aug 25, 2021(Enrolled 2019)

I am satisfied

Remarks:

Because its in the city where i live. And admission process is very simple if you pay attention to rules. And it has best knowledgable surrounding with every stuff a student requires. It has a good big canteen with delicious food with cheaper price. And alot more to discover.

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Ganesh Prasad Desai

5.0Helpful

Bachelor of Engineering

Reviewed on Aug 24, 2021(Enrolled 2018)

Glory of Finolex Academy

Admission:

no, there are nothing any test or group discussion for admission after form filling check merit list and after verification of documents your admission are done.

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Amrish Tembe

4.6Helpful

BE, Information Technology

Reviewed on Aug 2, 2021(Enrolled 2016)

Decoding Finolex

Admission:

There is no GD, Interview or written test for the admission. The whole process is based on the marks obtained in CET or JEE. For the admission, the student must be having all the documents such as Aadhar, Marksheets, etc. College does not retain the documents after verification. There is total transparancy in transaction, student gets receipt for each penny he/she pays.

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