Dear Student ,

First of all , you have not given your preferred hostel name /location in your query. It is required to answer your question as the fee structure is different for every individual hostel of specific colleges . Payment billing is also totally depended upon the hostel administrator  as they decides generally the structure of processing the fees semester wise / monthly/ annually .

So , it would be better if you contact with your preferred hostel authority or connected college/institute with that hostel or visit their website to know the entire details about their fee structure and billing process.

Hope you understand !