SAINIK SCHOOL KORUKONDA

FEE STRUCTURE FOR THE YEAR 2023-24

TABLE-I
A. School Fees for GEN/DEF/SC/ ST Categories
SL FEES PARTICULARS Amount
NO R/o (in Rs)
1 Tuition Fees 96,635
2 Clothing Fees 750
3 Diet Charges (@Rs.95/- x 295 days) 28,025
4 Pocket Money 1,500
5 Incidental Charges (approx) - actual will be charged 1,500
A Total Fees 1,28,410
* There will be 10% hike on Tuition Fee every year as per direction of Sainik Schools Society.

B. In addition to the above, the following advance payments are required to pay initially at the
time of reopening. However, actual expenditure against these will only be charged to the cadets based
on the demand/issue/ requirement.
SL PARTICULARS Amount (in
NO Rs)
1 Text & Note Books (approx) – actual will be charged 2,290
2 Private Clothing incl Washing Charges (approx) – actual will be charged 12,000
3 Horsing Riding Training Subscription 4,800
B Total 19,090
A+B Total to be paid (approx) on Reopening 1,47,500
TABLE-II
PAYMENT OF TUITION FEE BY INSTALMENTS :: INSTALMENT DUE DATES
Sl Mode of Instalment Instalment Amount (in Rs.) Date of Payment
No Payment Tuition Others Total
Fee R/o Instalmen
t
st
1. Lumpsum 1 & Final Instalment 96,635 50,865 1,47,500 By 22nd Jun 2023
2. Half Yearly 1st Instalment 48,420 50,865 99,285 By 22nd Jun 2023
nd
2 & Final Instalment 48420 48,420 By 10th Oct 2023
st
3. Quarterly 1 Instalment 24,260 50,865 75125 By 22nd Jun 2023
2nd Instalment 24,260 24,260 By 10th Aug 2023
rd
3 Instalment 24,260 24,260 By 10th Nov 2023
th
4 & Final Instalment 24,260 24,260 By 10th Jan 2024
TABLE-III
RATES OF SCHOLARSHIPS FOR 2022-2023 – GEN/SC/ST
Monthly Income Sch. From Govt. of From MOD Total
(Basic Pay only) Grade A.P Scholarship
Fees Clothing Fees Total
Irrespective Income Merit 48,000 500 2,000 50,500
Rs. 0 – 21000 A 48,000 500 2,000 50,500
Rs. 21001 – 26000 B 36,000 500 1,062 37,562
Rs. 26001 – 31000 C 24,000 500 125 24,625
Rs. 31001 – 39000 D 12,000 Nil Nil 12,000
Rs. 39001 & above Full Fee Nil Nil Nil Nil
* In addition to the above, Diet Subsidy is @ Rs.50 per day for AP & TS cadets for 295 working days
for 2022-23 i.e Rs.14,750/- per annum except Full Fee paying cadets

DEFENCE SCHOLARSHIPS FROM MINISTRY OF DEFENCE

Type of Serving Defence
Scholarship
Scholarship Personnel Ex-Servicemen
amount
Full NCOs and ORs NCOs and ORs Rs.32,000/-
Half JCOs JCOs Rs 16,000/-
--- Officers Officers Nil
 SAINIK SCHOOL KORUKONDA
INSTRUCTIONS TO PARENT REGARDING PAYMENT OF FEES (2023-24)

1. Tuition Fees. The Tuition fees (Rs.96,635/-) can be paid by the parents either in LUMPSUM
OR INSTALMENTS (two/ four). Remaining portion of fees (Table I (overleaf), Serial No. 2-6) is
required to be paid in lumpsum or 1st Instalment on or before 22 Jun 2023. Table I (see overleaf)
gives the breakdown of Total fees whereas Table II gives the installment schedule of Tuition fees. The
parents are to take note of these dates as no reminder will be given for payment of fee. Further
there will be 10% hike on Tuition fee every year as communicated by Sainik Schools Society.

2. Undertaking. All parents except scholarship holders are required to submit an undertaking as
per the proforma given below regarding mode of payment of fee. They are to follow the payment
schedule strictly. All scholarship holders are requested to pay the fee in single installment as informed
in the Statement of A/c. Delay in fee payment will attract late fee penalty @14% per annum besides
other disciplinary action.

3. Lumpsum Payment/ First Instalment. Parents are to ensure that Lumpsum fee/ First
Instalment is paid by 22 Jun 2023 failing which cadets will not be allowed on reopening of school.

4. Mode of Fee Payment. Fee payments will be accepted by online/ DDs ONLY, Cheques OR
Cash will not be accepted ‘REPEAT’ will not be accepted. The DD should be drawn in favour of
THE PRINCIPAL, SAINIK SCHOOL KORUKONDA’ PAYABLE EITHER AT STATE BANK OF
INDIA, SAINIK SCHOOL KORUKONDA (CODE:2791) OR AT ANY NATIONALISED BANK
LOCATED AT VIZIANAGARAM. The covering letter of the demand draft / other correspondence
should contain the Roll No. and Name of the boy. Similar details should be mentioned on reverse of
the demand draft.
(OR)
As Fee for 2023-24 of your cadet will be placed in online (SB Collect), Pay online by login into school
web site www.sainikschoolkorukonda.org -> Pay Online Fee ->Click here to pay online -> New Url

(OR) also

Step 1. : Login www.onlinesbi.com

Step 2 : Select – State Bank Collect option
Step 3 : Select State of Corporation/ Institution – Andhra Pradesh
Step 4 : Select Type of Corporate / Institution – Educational Institutions..Select GO
Step 5 : Select Educational Institutions Name – SAINIK SCHOOL KORUKONDA ...& Submit
Step 6 : Select Payment Category – FEE
Step 7 : Enter Roll No. – _______ (Your ward’s school Roll No.) and Submit
Ascertain his details that appear on the screen.
Step 8 : Enter the Fees amount

5. Receipt. The receipts for the amounts received from Parent/Guardians will be handed over to
the boys / parents/ guardians immediately.

6. Incentive by MoD for 2022-23. The Sainik School Society had sanctioned an amount of
Rs.11,700/- towards incentive on per-capita basis for the year 2022-23 to all the cadets including ‘Full
Fees Paying Students’ of Sainik School Korukonda. The same has been adjusted/credited in the
statement of account for the year 2022-23.

7. Disbursement/Adjustment of Scholarships. The Scholarships from A.P and Telangana

have not been received yet. On receipt of the same, the actual amount will be credited/ adjusted to
individual cadets’ account accordingly.

------------------------------------------Cut here & Send it to School---------------------------------

UNDERTAKING

1. I, the parent of Roll No.__________, Master ___________________________, would like to

pay the school Tuition Fee in LUMPSUM / HALF-YEARLY / QUARTERLY INSTALMENTS (strike out
the unnecessary one) for the academic year 2022-23 as per the payment dates and Instalment
amount given under Table-II.

2. I am given to understand that in case I do not pay the fee on due dates, the school will charge
penalty @14% per annum and take other disciplinary action as deemed fit.

SIGNATURE OF THE PARENT