The Yashwantrao Chavan Maharashtra Open University (YCMOU) offers a variety of scholarship opportunities for students from diverse backgrounds, including those from backward classes, minorities, and economically weaker sections. University fees vary by year and course, with the first-year fee being Rs 32,475, while tuition fees for a three-year program can total 3.75 lakhs. Scholarships are provided for students who score above 60%, and specific scholarships are available through the Mahadbt government portal for BA courses.
Hostel facilities are available, but not all students utilize them. The institution also offers financial assistance and campus placements. The annual fee for B.Sc is approximately Rs 6,000, while the fee for B.Com is around Rs 5,000. Additional aid is available for SC, ST, and OBC students. Despite the availability of scholarships, many students find the fees affordable, with the cost of education sometimes being as low as Rs 2,000 per year inclusive of all fees.
Scholarships and financial aid are available based on merit and need, with some students receiving scholarships up to Rs 10,000. The university does not implement an annual fee hike policy, keeping education financially accessible.
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