“Understanding Fast University’s Fee Structure: A Complete Breakdown”
FAST university fee structure

Admission Fee

Admission Fee of Rs 20,000 is payable once at the time of admission. If a graduate of this University is admitted to a higher degree program, then admission fee is not payable again.

Security Deposit

A refundable security deposit of Rs 20,000 is also payable at the time of admission.

Tuition Fee

Tuition Fee is payable in full before the start of each semester. It is subject to revision every year. For the academic year 2021-22 the tuition fee per credit hour is as follows:

ProgramFee
BBA / BSRs. 9,000
MBA / MSRs. 9,000
PhDRs. 9,000

Student Activities Fund

To support co-curricular and extra-curricular activities a Student Activities Fund has been formed. Students contribute Rs 2,000 towards Students Activities Fund per semester.

Miscellaneous Fees

Additional Transcript FeeRs. 200
Campus Transfer FeeRs. 5,000
Degree Correction FeeRs. 2,000
Semester Freeze FeeRs. 10,000
These fees are non-refundable.

Late Payment Fine

Late payment fine is levied on the entire outstanding fee (current as well as arrears). It is charged at the rate of Re 1.00 per day for every thousand rupees. Registration is suspended TWO months after the due date for payment of fee.

Withholding Tax

University shall collect advance tax from a person not appearing on the active taxpayers list (ATL) at 5% on the entire amount of fee paid, provided that annual fee paid exceeds Rs. 200,000. The Parent/Guardian will be required to provide NTN or CNIC number so that it can be adjusted at the time of filing of Income Tax return. The University will issue Tax Deduction Certificate.

Fee Refund Policy

1. Admission Fee is non-refundable.
2. Security deposit is refundable at the time of completion of degree or closing of admission.
3. Tuition Fee is refunded in accordance with the guidelines of Higher Education Commission (HEC).

%Age Of Tuition Fee
Up to 7th day of startof classesFull (100 %) Refund
From 8th-15th day of commencement of classesHalf (50 %) Refund
From 16th day of commencement of classesNo Refund

Days shall be counted including working days and holidays.

After declaration of result, admission of a student stands cancelled if he/she fails to meet the required eligibility requirement for admission. The fee refund is calculated from the date of his/her result announcement.

Payment Instructions

Fee can be paid using any one of the following methods:

  1. Print the challan form and then visit any nearest Faysal bank branch for cash deposit.
  2. Via bank account using Kuickpay payment gateway.
    Step 1: Sign in to your Internet Banking, Mobile Banking or visit an ATM machine
    Step 2: Select Bill Payment / Payments and then select ‘kuickpay’ from given categories
    Step 3: Enter the voucher or invoice number & continue. Make sure to enter Institution ID as prefix (mentioned on challan)
    Step 4: Confirm your voucher details and proceed to payment. Payment alerts will be received accordingly.
    *Customers of following Banks can avail Kuickpay service

    Allied Bank, Askari Bank, Bank Al Habib, Bank Alfalah, Bank Islami, Bank of Punjab, Dubai Islamic Bank, Faysal Bank, First Women Bank, Habib Metro Bank, Habib Bank Limited, JS Bank, MCB Bank, MCB Islamic Bank, Meezan Bank, National Bank, NRSP Bank, SAMBA Bank, Soneri bank, Summit Bank, UBL and Keenu App.
    ** Easy paisa and JazzCash can also be used for payment via kuickpay. (Transaction Limit apply)

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