Panel approves maximum 7% hike in fee for private varsities
A high powered committee chaired by additional chief secretary (education) on Saturday discussed the fee structure of courses being run by private universities of the state and gave consent for a maximum 7% hike.punjab Updated: Apr 04, 2015 22:48 IST
A high powered committee chaired by additional chief secretary (education) on Saturday discussed the fee structure of courses being run by private universities of the state and gave consent for a maximum 7% hike.
The meeting was held in the state secretariat where finance and technical education department's officials too were present and the fee structure was discussed course-vise. Representatives of a few universities even sought decrease in the fee, while most of them wanted a hike of at least 10%.
There are 17 private universities across the state. Every year, the committee approves the fee hike, except for Jaypee University, which has a separate Act.
As per the procedure, private universities have to submit complete details of students, courses, fee and expenditure incurred. After deliberating on all these points, the committee approves the fee hike. In this process, price index is also taken into consideration.
The committee recommendations would, however, be finalised after chief minister's nod. "There is still scope of increase or decrease in the approved fee hike," an official said.
Sources also confirmed that the committee had approved much hike for universities with less student enrolled in the courses while less hike for the institutions with more students. In all the 17 private universities, there are around 20,000 students enrolled for different courses.
Meanwhile, Himachal Pradesh Private Educational Institutions Regulatory Commission has approved the list of courses for all private universities of the state.