Sunday 25 August 2013

IITs may change fee structure again

According to IITs currently a student pays just 7-10 per cent of the actual expenditure on students.Last year IITs increased their fee to 90000 from 50000 for all general category students. In this system 22% SC/ST students are fully waived. Also students whose parental annual income is less than Rs 4.5 lakh, are entitled to a fee-waiver. The remaining 53% students pay the full fee.
Currently IITs get fund from HRD ministry for their expenses such as salaries and staff cost.
Against this backdrop, the IIT council, in its meeting here on September 3, is expected to examine the proposal for a change in the fee payment policy.
A study by IIT Bombay, suggests that all students should pay the fees and those who are exempted from paying fees under government policy should receive the required amount of funds as fee-scholarship through the Direct Benefit Transfer Scheme.

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