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By Way2k Way2k
Way2k 22 Sep 2012
MBA, MCA and Engineering Colleges to Hike Fees

Over 400 MBA, MCA, pharmacy and engineering colleges are set to hike fee. The fee regulatory committee (FRC), Gujarat is likely to announce a 25-40 % hike in fees in such colleges in a few days.

MBA, MCA, Engineering Hike Fees

The fee structure in Gujarat for self-financed colleges is revised every three years and the new fee structure would be applicable for over 60,000 students who will be admitted in July this year.
Officials from a majority of the colleges who were called for a five-minute presentation before the FRC demanded a 100% fee hike. They cited the increase in salary after sixth pay commission, skyrocketing prices of chemicals used for experiments in college laboratories, costly lab equipments, expenditure on new buildings as the reasons for the proposed fee hike.
The FRC had asked for a three-year audit report of these institutes to verify whether the demands were reasonable or not.

Sources claim that in case of engineering courses, colleges have demanded a fee hike from the current Rs. 30,000 - Rs. 35,000 to Rs. 40,000 - Rs. 45,000. In some colleges, fee is expected to rise from Rs. 65,000 to Rs. 80,000.
For pharmacy courses, the fee structure may go up from Rs. 40,000 - Rs. 50,000 to Rs. 55,000 - Rs. 70,000. A group of pharmacy colleges had requested the FRC not to increase the fees as they feared that it would deter students from taking up pharmacy courses. Colleges offering MBA and MCA courses have requested a reasonable fee, which may increase from Rs. 35,000 - Rs. 40,000 to Rs. 50,000 - Rs. 65,000. In case of diploma engineering courses the fee structure is expected to rise from Rs. 25,000 - Rs. 30,000 to Rs. 40,000.

Once announced by the FRC, the new fee structure will not be applicable to current batch of students in these colleges as per the self-financed fee regulation Act 2009, said a source in the FRC.

Courtesy: Times of India

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