There are many paid guest facilities in and around the university. Two of them are highly recommended.
Deepthi Cultural Center - This place is run by CMI fathers. It is cost-effective and well-furnished. It can be reached from the back of the University and is close to the Languages Block. It is suitable for both men and women. It has a variety of single as well as shared rooms.
Malanad - This one resembles an expensive lodge. For women, there is a hostel-like facility. For men, it is more expensive. It is within walking distance of a few minutes from the front of the University. It’s located at a place called Chenakkal.
These places are cost-effective, nearby and well-equipped. You can also hail an auto from the University Bus Stop to reach these places.