News : Hike in Engineering, MBA, MCA Tuition Fees

Hike in Engineering, MBA, MCA Tuition Fees

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Hike in Engineering, MBA, MCA Tuition Fees

The State government on Thursday increased the tuition fee for professional courses marginally in the Convenor quota, but at the same time provided an opportunity for colleges to collect more money creating an NRI quota.

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APSCHE Chairman K.C. Reddy said that fee for engineering and pharmacy courses was increased to Rupee 31,000 from the existing Rupee 30,200 in the Convenor quota and to Rupee 95,000 from Rupee 91,500 in the management quota.

Similarly, fee for MCA and MBA courses increased to Rupee 27,000 from Rupee 26,300 in the Convenor quota and to Rupee 78,000 from Rupee 73,000 in the management quota.

However, some relief was given to colleges creating 15 per cent quota for NRI-sponsored candidates within the 30 per cent management quota.

Under NRI quota, colleges can collect US $ 5,000 per annum from each student, which works out to be around Rupee 2.5 lakh per annum.

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However, these candidates have to satisfy the AICTE norms on their NRI status.

Prof. Reddy said the average fee for engineering and pharmacy courses is now around Rupee 50,200 while it was Rupee 45,650 earlier.

He said study of the audited reports submitted by a few colleges reflected surplus.

The Bapatla Engineering College showed a surplus of Rupee 3 crore and this was taken as the benchmark for finalising the fee apart from viability factor as per the AICTE norms.

With regard to NRI quota, he said such facility existed till 1993 and the fee then was US $ 4,000.

The college managements expressed their displeasure over the marginal hike and said an increase of Rupee 800 was an insult heaped on them.

P. Rajeshwar Reddy, General Secretary of Consortium of Engineering Colleges Managements Association (CECMA) wondered whether the government was taking revenge for pressurising them to pay last year’s fee reimbursement dues.

He appealed for a review of the decision and said managements will meet in a couple of days to chalk out their course of action.

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The State government on Thursday increased the tuition fee for professional courses marginally in the Convenor quota.

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