Fee Concession for Meritorious Candidates
To abide by the vision of Sri. O.P. Jindal Ji to develop next generation of leadership for organization, community and society at large and to have inclusive growth, JIPT encourages not so well off meritorious students from society to admit by providing incentives/encouragement in the form of fee Concession partially or fully based on the past performance in their academic carrier and at the admission test.
The Fees Concession is only applicable to tuition fees and the calculation as under:
Fee: INR 200000.00 payable in four installments (i.e. August’ 17, September’ 17, December’ 17 and April’ 18)
Concessional Fee for Meritorious Candidates would be = 200000.00 – (X-70) x 10000.00
Where X = 0.10 x (% Marks in Class 10th) + 0.20 x (% Marks in Class 12th) + 0.30 x (% Marks in B. E. / B. Tech.) + 0.40 x (% Marks in JIPT Admission Test)
If, X is greater than 90, the candidates shall be given Concession equal to negative amount of fee.Concessional fee shall be deducted from the Fee installment in reverse sequence i.e. 4th, 3rd, 2nd & 1st.