LPU MBA Fees 2024: Scholarships, Refund Policy

LPU
Sep 27
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Lovely Professional University (LPU) is a private university located in Phagwara, Punjab, India. LPU is one of the largest private universities in India and is known for its innovative teaching methods, state-of-the-art infrastructure, and strong industry partnerships.

The LPU MBA program is a two-year, full-time program that is designed to prepare students for a successful career in business management.

Overview
LPU MBA Fee Structure
Other Fees And Expenses
Scholarship Opportunities at LPU MBA
How to Apply for Scholarship
Payment Options and Methods of LPU
Fee Structure for NRI and International Students
Refund Fee Policy of LPU
Frequenlty Asked Questions

Overview

Lovely Professional University’s Master of Business Administration (MBA) program is a flagship offering that exemplifies the institution’s commitment to excellence in business education. Tailored to meet the evolving demands of the corporate world, LPU’s MBA curriculum combines rigorous academic coursework with practical, industry-oriented learning experiences.

With a diverse range of specializations including Marketing, Finance, Human Resources, Operations, Information Technology, and more, students have the opportunity to delve deep into their areas of interest. The program is delivered by a distinguished faculty with extensive industry experience, ensuring that students gain both theoretical knowledge and practical insights.

LPU’s MBA program is distinguished by its emphasis on holistic development. Beyond academics, students have access to a wealth of co-curricular activities, industry interactions, and global exposure opportunities, all of which contribute to their overall growth as future business leaders.

The program offers a wide range of specializations, including:

Finance
Marketing
Human resource management
International business
Business analytics
Entrepreneurship

The LPU MBA program is taught by a team of experienced and qualified faculty members. The program includes a strong emphasis on both theoretical and practical learning. Students have access to state-of-the-art classrooms, libraries, and laboratories. They also have the opportunity to participate in internships and industry projects.

LPU MBA graduates are highly sought-after by employers in India and around the world. LPU has a strong track record of placing its graduates in top companies, such as Amazon, Google, Microsoft, TCS, and Infosys.

Here are some of the key features of the LPU MBA program:

Wide range of specializations to choose from
Strong emphasis on both theoretical and practical learning
State-of-the-art infrastructure and facilities
Opportunities for internships and industry projects
Highly qualified and experienced faculty
Strong track record of graduate placement

LPU MBA Fee Structure

Category	Fee per semester (in INR)
General	2,40,000
NRI	2,80,000
International	6,250 USD

Note: The above lpu mba fees program with no specialization. The LPU MBA fees for specialized MBA programs may vary.

The other lpu mba fees include the examination fee, library fee, computer fee, medical fee, sports fee, and cultural fee.

Hostel and accommodation charges are also payable separately. Hostel and accommodation charges vary depending on the type of room and occupancy.

Other LPU MBA fees and Expenses

Fee/Expense	Amount
Examination fee	INR 2,000 per semester
Library fee	INR 1,000 per semester
Computer fee	INR 500 per semester
Medical fee	INR 500 per semester
Sports fee	INR 500 per semester
Cultural fee	INR 500 per semester

Scholarship Opportunities at LPU MBA

LPU Entrance Scholarship Test (LPUNEST) Scholarship: This scholarship is awarded to students who score well in the LPUNEST exam. The scholarship amount varies depending on the student’s score.
Merit Scholarship: This scholarship is awarded to students who have scored high marks in their previous academic examinations. The scholarship amount varies depending on the student’s score.
Financial Need Scholarship: This scholarship is awarded to students who come from financially disadvantaged families. The scholarship amount is determined based on the student’s family income and other factors.
Sports Scholarship: This scholarship is awarded to students who have excelled in sports. The scholarship amount varies depending on the student’s achievements.
Cultural Scholarship: This scholarship is awarded to students who have excelled in cultural activities. The scholarship amount varies depending on the student’s achievements.
Sibling Scholarship: This scholarship is awarded to students who have siblings who are also studying at LPU. The scholarship amount varies depending on the number of siblings studying at LPU.

How To Apply for Scholarship

To apply for scholarship opportunities at LPU MBA, you need to follow these steps:

1. Visit the LPU website and go to the “Scholarships” page.
2. Click on the “Apply Now” button for the scholarship that you are interested in.
3. Fill out the scholarship application form and submit it.
4. Attach all relevant documents to your scholarship application form, such as your mark sheets, income certificate, and sports or cultural achievements certificates.
5. The university will review the scholarship applications and award scholarships to eligible students.

Here are some additional tips for applying for scholarships at LPU:

Start early. The earlier you start applying for scholarships, the more time you will have to gather the required documents and submit your applications.
Apply for multiple scholarships. There are a number of different scholarships available to LPU MBA students, so be sure to apply for as many as you are eligible for.
Proofread your applications carefully. Make sure that your scholarship applications are free of errors and that you have attached all of the required documents.
Follow up with the university. After you have submitted your scholarship applications, be sure to follow up with the university to check on the status of your applications.

Coming from a middle-class background, LPU's fee structure was reasonable. The option to pay in installments made it even more convenient. Scholarships rewarded hard work and dedication.

LPU has been an incredible experience for me. The campus is vibrant, and the faculty is highly knowledgeable. The diverse student community fosters a rich learning environment.

Here are some of the documents that you may need to attach to your scholarship application form:

Mark sheets of previous academic examinations
Income certificate
Sports or cultural achievements certificates
Disability certificate (if applicable)
Single girl child certificate (if applicable)
J&K domicile certificate (if applicable)
North-East domicile certificate (if applicable)

Payment Options and Methods of LPU MBA

There are a number of payment options and methods available for LPU MBA fees for students. Students can pay their LPU MBA fees using any of the following methods:

Online payment: Students can make online payments using their debit or credit cards, net banking, or UPI.
Demand draft: Students can draw a demand draft in favor of “Lovely Faculty of Business and Arts” payable at Jalandhar.
Cash deposit: Students can deposit cash at the Division of Admissions at the LPU campus in Phagwara.

Here is a step-by-step guide on how to make an online payment for your LPU MBA fees:

Go to the LPU website and click on the “Fees” tab.
Click on the “Online Payment” link.
Select the “MBA” program and enter your student ID number.
Review the fee details and click on the “Proceed to Pay” button.
Select your preferred payment method and enter the required details.
Review the payment details and confirm your payment.

Here is a step-by-step guide on how to make a demand draft payment for your LPU MBA fees:

Draw a demand draft in favor of “Lovely Faculty of Business and Arts” payable at Jalandhar.
Mail the demand draft to the following address:

Admissions Department
Lovely Professional University
Jalandhar - Phagwara Highway
Phagwara, Punjab - 144411

Here is a step-by-step guide on how to make a cash deposit for your LPU MBA fees:

Visit the LPU campus in Phagwara and go to the Division of Admissions.
Fill out a cash deposit slip and deposit the cash.
Obtain a receipt for the deposit.

It is important to note that there is a processing fee for all online and demand draft payments. The processing fee is INR 500 for online payments and INR 100 for demand draft payments.

There is no processing fee for cash deposits

Fee Structure for NRI and International Students

Category	Tuition fee (per semester)	Other fees (per semester)	Total fee (per semester)
NRI students	INR 2,80,000	INR 10,000	INR 2,90,000
International students	USD 6,750	USD 500	USD 7,250

Refund Fee Policy of LPU

Cancellation of Admission:

If a student cancels their admission before the commencement of the academic session, they will be refunded the full tuition fee, minus a processing fee of INR 1,000.
If a student cancels their admission after the commencement of the academic session, they will be refunded the tuition fee on a pro rata basis, minus a processing fee of INR 1,000.

Withdrawal from the Program:

If a student withdraws from the program before the commencement of the academic session, they will be refunded the full tuition fee, minus a processing fee of INR 1,000.
If a student withdraws from the program after the commencement of the academic session, they will be refunded the tuition fee on a pro rata basis, minus a processing fee of INR 1,000.

Other Refunds:

If a student is overcharged for any LPU MBA fees, they will be refunded the excess amount.
If a student is unable to attend classes due to medical reasons, they may be eligible for a refund of their tuition LPU MBA fees.

To request a refund, students need to submit a written application to the LPU Admissions Department. The application must include the student’s name, student ID number, and the reason for requesting a refund.

The LPU Admissions Department will review the application and make a decision on the refund. If the refund is approved, it will be processed within 30 days of the application being approved.

Frequently Asked Questions

Are there specific scholarships available for economically weaker sections (EWS) at LPU?

Yes, LPU offers scholarships for students from economically weaker sections of society, providing them with financial assistance to pursue their education.

Can I choose my preferred exam date and center?

Yes, candidates can select their preferred exam date and center from the available options.

Does LPU offer scholarships?

Yes, LPU provides scholarships based on various criteria including academic merit, sports achievements, financial need, and more. There are also special scholarships for specific categories of students.