AICTE to set minimum fee for technical courses and it has prescribed the fee that can be charged by colleges governed by the council. Know more.
All India Council for Technical Education (AICTE) has prescribed the minimum fee that can be charged by colleges governed by the council, however, the regulatory body has already set the maximum amount of fee last year. The recommendation set by the council has to be followed by all private institutes for technical courses including MBA and Engineering.
AICTE has urged Justice Srikrishna Committee to set a minimum fee for the technical courses across the country as the Committee had stated on the maximum fee that institutes can charge whereas, no mention about the minimum tuition fee was made earlier. Though there are over 7,000 institutes under AICTE, the committee has accepted the suggestion in-principal.
A senior AICTE official said, “A number of institutes have written to us that in some states they have been asked to lower the fee to Rs30,000 per semester which is not feasible. They said they are adhering to the maximum fee cap but a minimum limit should also be set. We have written to the committee and they have agreed to it. It will be worked out soon."
Last year, AICTE has made it mandatory to execute proposals made by National Fee Committee which prescribes the fee guidelines for the technical institution, however, failing which invites legal proceedings and cancellation of their AICTE approval.
Tuition fees and related funds charged by the institutes for management, engineering, technical and pharma courses will undergo chance though, IITs will have the same old fee structures as they don’t require the approval of AICTE. Autonomous and accredited institutes will be charged 10% and 20% extra tuition fees respectively.
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