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MIT World Peace School, Latur: Fee Structure

Admissions Ongoing

location_onGat No. 35, Arvi Road, Latur, Maharashtra - 413512

⭐ Accepting applications through Ezyschooling

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CBSE

local_libraryPre Nursery - 10 Class

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MIT World Peace School, Latur Fees Structure

Academic Session

MIT World Peace School, Latur Additional Fees Notes

Payment Schedule for Tuition Fees

Option 1: One-Time Payment

Due Date: 15th April 2025
Benefits:
- 3% rebate on Annual Tuition Fees
- 10% rebate on Sibling Concession (for the second and third child)

Option 2: Quarterly Payment

1st Installment (40%) – Due by 25th March 2025
2nd Installment (30%) – Due by 10th August 2025
3rd Installment (30%) – Due by 10th December 2025

Mid-Term Admission Policy

If an admission application is submitted after the academic session has started in April, it will be considered a Mid-Term Admission.
Fee Calculation:
- Fees will be calculated on a prorated basis considering 11 months of schooling.
- The month of joining will be considered as the Month of Joining.
- Fees from the Month of Joining to the next assigned installment date will be calculated by the Accounts Team and communicated to parents.

Admission Cancellation Policy

If an admission is canceled after the academic session has started, the Month of Cancellation will be considered.
Parents will be liable to pay fees for the number of months the child has attended the academic session on a prorated basis.
OTA Fees will be applicable for all new admissions.

Grace Period for Fee Payment

Installment Payments:
- The due dates for the three installments (40%, 30%, 30%) will be specified grade-wise in the Fee Structure Document.
- A 10-day grace period will be granted after the due date.
- Parents will receive three reminders via message, phone call, or email.
Consequences of Non-Payment:
- Students with unpaid fees will not be allowed to sit for school or board exams.
- Internal examination results, reports, Transfer Certificates, or recommendations for future schools/colleges will not be issued.
- If the fee remains unpaid even after 10 days, the child's name will be removed from the school’s system and all services will stop immediately.
- If the fee is still unpaid, Caution Money will not be refundable.
- Payments made after the grace period will be considered as Re-Admission/New Admission, and an Admission Services Fee will be charged.
For Boarding Students:
- If tuition or boarding fees are unpaid, students must remain in boarding until the full payment is made.
- If fees remain unpaid beyond the grace period, Caution Money for Boarding will not be refundable.

Concession Policy

A. MIT Staff Concession (Excluding WPS School Alandi Staff)

Registration Fees: No Concession
Admission Fees: 100% Concession
Tuition Fees:
- Staff Salary below ₹50,000 – 25% Concession
- Staff Salary above ₹50,000 – 20% Concession
Caution Deposit: No Concession

B. MIT WPS Staff Concession

During Probation (1 Year) – Applicable to One Child Only

Registration Fees: No Concession
Admission Fees: No Concession
Tuition Fees: No Concession
Caution Deposit: No Concession

(After a mid-year performance audit, the principal may recommend a 50% tuition fee concession for one child, subject to written approval by the Director and ED. In special cases, a 100% waiver may be granted at the ED’s discretion.)

After Successful Completion of Probation

1st Child:

Registration Fees: No Concession
Admission Fees: No Concession
Tuition Fees: 100% Concession
Caution Deposit: No Concession

2nd Child:

Registration Fees: No Concession
Admission Fees: No Concession
Tuition Fees: 50% Concession
Caution Deposit: No Concession

For a 3rd child, the principal may submit a recommendation letter to the Director and ED for approval.

C. Sibling Concession (Parents)

Registration Fees: No Concession
Admission Fees: No Concession
Tuition Fees: 10% Concession (for the second and third child)
Caution Deposit: No Concession

D. Group Enquiry Concession (For Groups of 10+ Students)

Registration Fees: No Concession
Admission Fees: Maximum 33% Concession (minimum ₹20,100 to be collected on the same day)
Tuition Fees: No Concession
Caution Deposit: Waived

E. Concession for One-Time Full Fee Payment

Registration Fees: No Concession
Admission Fees: No Concession
Tuition Fees: 3% Concession
Caution Deposit: No Concession

(For special cases where a 5% concession is requested, a written application must be approved by the ED.)

Student Referral Policy

A. Staff Referrals

For every 10 confirmed admissions through personal references, staff members will receive ₹5000.
For each individual referral, staff members will receive ₹500.
(Only applicable if the referred student was not already in the Admissions Team database.)

B. Preschool Referrals

Preschools referring students will receive ₹1000 – ₹3000 per admission, depending on location and negotiation.
The amount will be paid after the 1st installment is received for the respective grade and academic year.

(A corporate tie-up with preschools can be arranged, including campus visits, picnics, and cultural exposure. The principal has discretion over the referral amount.)

C. Parent Referrals

Parents referring new students will receive a gift as a token of appreciation.

Fee Collection

Fees must be paid only through My Class Board (MCB) Student Login or via Demand Draft (DD) in the name of the school.

MIT World Peace School, Latur
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For Session

2026-2027

Class	Session	Application Date	Status	Application Fee
Pre Nursery	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Nursery	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
LKG	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
UKG	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 1	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 2	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 3	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 4	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 5	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 6	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 7	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 8	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 9	2026-2027	Last Date Dec 31, 2025	Ongoing	₹1,500
Class 10	2026-2027	Last Date Mar 31, 2026	Closed	Not Disclosed

MIT World Peace School, Latur Quick Facts

Board

CBSE

Gender

Coed

Classes

Pre Nursery - 10 Class

Academic Session

April To March

Medium

English

Student Teacher Ratio

15:01

Day/Boarding

Day Cum Boarding

Connect with Ezyschooling Counsellor

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+91-87xxxxxx64

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MIT World Peace School

Parent & Student Reviews

Overall Rating

5out of 5

1 verified reviews

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What Parents & Students Say

Kiran Bapat

14th Jul, 2025

Good sports facilities and yoga keeps kids fit. The holistic development approach is excellent.

Infrastructure

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Value for Money

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MIT World Peace School, Latur FAQs

The total cost of admission in MIT World Peace School, Latur usually starts at Rs. 57,500 and can go up to Rs. 2,23,600. This includes: Security Fees, Imprest Money, Caution Money, Registration Fees, Tuition Fees, Admission Fees & Boarding Fees .

Currently, we do not have any conclusive information on the scholarships available in MIT World Peace School, Latur. Parents can direct contact the school for information on scholarships or fee reductions of any sort.