National Insurance Academy (NIA) Courses & Fee Structure

Current published schedule: regular I&RM PGDM

NIA’s 2027 admissions page currently lists four routes: the regular PGDM in Insurance and Risk Management (I&RM), a Working Professionals PGDM in I&RM, PGDM in Technology Management, and an international-student I&RM route. Its fee section sits inside “General Information” for the regular I&RM programme. It lists tuition of ₹12,00,000 for two years and hostel and boarding charges of ₹2,00,000 for one year, with hostel facility for the first year only. These figures should not be copied to the other three routes unless their own offer or current fee notice confirms that they share the same schedule.

For a student budgeting for regular I&RM, the two published components add to ₹14 lakh: ₹12 lakh tuition across two years plus ₹2 lakh hostel and boarding for one year. That arithmetic is a subtotal of the items shown, not a confirmed all-in cost. The page does not give a complete itemised account of deposits, admission acceptance payments, examination charges, insurance, books, travel or optional costs. It also does not say whether the ₹2 lakh is compulsory for every student or whether off-campus accommodation is permitted. Ask for the current fee circular and payment calendar before treating ₹14 lakh as the full amount payable.

The admissions page identifies the regular I&RM intake as the 2027 cycle and gives March 15, 2027 as its application deadline. The fee amounts appear in the same programme-specific General Information block, but the page does not separately state an effective date or an instalment calendar for those amounts. Confirm that the schedule is the one attached to your 2027-29 application and obtain the written breakup before paying. A payment link or application form is not, by itself, an itemised fee statement.

Do not reuse the regular I&RM amount across routes

NIA’s 2027 page also promotes the Working Professionals I&RM PGDM, Technology Management and an international I&RM route. It provides separate seat and eligibility details for some of these options, but does not publish an equally clear fee line for each. In particular, the 2027 page does not say whether the Working Professionals programme uses the same ₹12 lakh tuition and ₹2 lakh boarding charge, whether its attendance pattern changes accommodation costs, or whether Technology Management has a separate fee schedule. For international applicants, the page points to the Study in India portal but does not show an international fee or currency basis.

Treat these as unanswered programme-specific cost questions, not as evidence that fees are the same or that the programmes are free. Before applying, ask the admissions office for a schedule that names the exact programme and intake, states tuition and non-tuition charges separately, gives instalment due dates, identifies refundable deposits, and explains hostel eligibility or availability. International applicants should also ask whether the amount is quoted in INR or another currency and whether the payment portal adds any processing or remittance charges. The public page does not resolve these details.

Historical fee notices are not the 2027 schedule

NIA’s official 2025 PGDM Prospectus is useful for understanding why older online fee figures can differ. For the 2025 admission cycle, the prospectus listed ₹11,00,000 for the entire two-year programme, including tuition, professional and incidental programme expenses, payable in four equal instalments. It separately listed ₹1,75,000 for one year of hostel and boarding, subject to hostel availability, and said students not staying in the campus hostel need not pay the accommodation charge. These are historical 2025 terms. They do not override the newer admissions page, which labels the current amount as tuition and gives a different hostel-and-boarding figure.

The two schedules are not directly comparable as complete totals: the 2025 prospectus says its programme fee included professional and incidental expenses, while the current page calls ₹12 lakh tuition and does not explain whether those incidentals are included. The hostel line also changes from a 2025 amount expressly subject to availability to a 2027 page that states ₹2 lakh for one year and first-year-only hostel facility, without the same availability qualification. Do not simply add the old and new figures or infer that every charge has risen by the difference. Request the current detailed circular to see which heads are included and what conditions apply.

An official NIA FAQ PDF from the 2025 cycle gives yet another presentation: ₹11 lakh for the two-year programme and separate hostel accommodation and boarding charges of ₹85,000 and ₹90,000 per year. That FAQ is explicitly about older admissions and does not state the 2027 rules. Its split of hostel and meals can help explain what a previous schedule counted, but it must not be merged with the prospectus’s ₹1.75 lakh combined line or the current ₹2 lakh figure. For an applicant deciding now, rely on the 2027 admissions page and obtain an itemised current quote.

Application charges, loans and payment checks

The 2027 admissions page shows registration, email verification, form completion, fee payment and submission as the application sequence, but it does not state a current application-form fee. The official 2025 FAQ lists a ₹1,500 application fee for its own cycle; that is historical and should not be assumed for 2027. Check the live form for the exact amount and whether the payment is refundable before submitting. Save the fee receipt with your application number.

NIA links education-loan information, including PM Vidyalaxmi and several bank schemes, from its admissions page. Those links are starting points for checking eligibility, collateral, interest and disbursal timing with the lender. They do not guarantee loan approval or mean that NIA’s fee is financed automatically. Ask the institution for instalment deadlines and the lender for its processing timeline; align the two before accepting an offer.

Before making a payment, verify that the notice names your exact programme and 2027 intake, shows tuition separately from hostel/boarding and deposits, and specifies each due date. For the regular I&RM route, the public page’s present benchmark is ₹12 lakh tuition for two years and ₹2 lakh hostel/boarding for the first year only. For the other routes, or any omitted charge, get written programme-specific confirmation from NIA rather than using the regular-course amount as a proxy.