Fees and Expenses

Fees and Expenses

The Institute is a non-profit organization and provides subsidized education. The annual tuition fee (non-refundable) is as under for the 4 years for local residents and wards of expatriate Pakistanis.

 

S. No.

Academic Year

Engineering & Computer Sciences (Rs.)

Management Sciences (Rs.)

 

     

1

 2018-19

 600,000

 550,000

2

 2019-20

 655,000

 550,000

3

 2020-21

 695,000

 630,000

4

 2021-22

 735,000

 660,000

The annual tuition fee for foreign students is US$ 7,500/-

The tuition fee is payable before the commencement of the Fall semester each year. A non-refundable admission fee of Rs. 60,000/- for Pakistani or US $ 680 for foreign applicants is also required to be deposited along with the annual tuition fee. Rs. 25,000 will be charged as security, refundable at the time of leaving the Institute subject to the clearance from relevant departments. The fee charged per course offered during the summer session is notified with announcement of the summer school. The final year students are charged convocation fee of Rs. 15,000. An advance of Rs. 8,000 is to be deposited by each student as mess security. Actual charges will be deducted from advance amount every month.

 

Refund Policy:

If a freshly inducted student finds it necessary to withdraw his admission, he/she must inform GIK Institute in writing. Upon approval the following refund policy will apply to the annual Tuition Fee:

• Before Joining GIK Institute: 100 %
• Up to first seven days of the commencement of classes: 100% after deduction of 10% as Administrative charges
• From eighth till fifteenth days after the commencement of classes: 50%
• More than fifteen days after the commencement of classes: Non Refundable

In case an applicant is rendered ineligible upon declaration of results where refund is made, ineligibility proof is required along with fee refund application.

 

Withholding Tax:

Withholding Tax under section 236I is applicable @ 5% on Tuition Fee, Admission Fee and Administrative Charges. However, this tax is not applicable in case:

• Student belongs to FATA, PATA and Gilgit Baltistan;
• Fee is remitted from abroad; 
• Fee is fully or partially sponsored by any donor agency the fee amount is remitted directly to GIK’s account and the amount payable by student is below Rs. 200,000/

 

Free Electricity Unit:

The Institute shall provide free electricity to each student in the hostels as under: 
 

  Male Female
Summer 93 units per month 100 units per month
Winter  70 units per month  70 units per month

In addition to above, Free units allowed for common areas per hostel will be as under:

 

Summer 3943 units per month

Winter 534 units per month

 

Any excess consumption of electricity in the hostels will be charged from the students.

IMPORTANT DATES

  • Apr 22, 2018 Online Submission of Admission Form Starts
  • Jun 11, 2018 Online Submission of Admission Form Ends
  • Jun 13, 2018 Last Date for Payment of Processing Fee
  • Jun 22, 2018 Last Date for Dispatch of Financial Assistance Documents
  • Jun 25, 2018 Last Date for Receipt of Financial Assistance Documents
  • Jul 01, 2018 Admission Test
  • Jul 05, 2018 Last date for receipt of SAT- II Scores (overseas applicants)
  • Jul 06, 2018 Admission Test Result Posted on Website
  • Aug 26, 2018 Freshmen Joining and Orientation

  • Aug 27, 2018 Start of Classes

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