Respite for students as IIM-L rules out fee hike

Undeterred by upward fee revisions by the sister Indian Institutes of Management, IIM Lucknow on Monday ruled out any immediate plans of fee hike and posted the issue to its next board meeting that is scheduled to take place in June.

Undeterred by upward fee revisions by the sister Indian Institutes of Management (IIMs), IIM Lucknow (IIM-L) on Monday ruled out any immediate plans of fee hike and posted the issue to its next board meeting that is scheduled to take place in June.

IIM-L Director Prof Devi Singh said that the last board meeting held in March had not decided upon any upward revision of annual fee. “Since, board meetings cannot be held every month, any decision can be taken in the next meeting only,” he asserted.

Asked if fee hike was on the IIM-L agenda, he said, “Although, the next board meeting agenda is still not fixed, we will take an appropriate decision in this regard.” However, Prof Singh said a decision to maintain uniformity in the fee structures was taken at the meeting of all the IIMs’ directors.

“It was meant to censure major differences between the fee charged by all the six IIMs.”

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