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NIT may hike tution fee to recover cost

Last Updated 01 October 2015, 19:24 IST

The tuition fee of the National Institutes of Technology (NITs) may further go up as the council of the elite institutes decided to recover entire “running expenses” from the students under a new mechanism adopted for the central government funding on Thursday.

However, the Centre will roll out a scheme to provide 100 per cent loan at zero per cent rate of interest for the students to help them meet the burden of increased fee.

A decision in this regard was taken at a meeting of the council of the 30 elite technical institutes on the premises of the NIT Warangal. The meeting was presided over by Human Resource Development (HRD) Minister Smriti Irani.

“There could be some increase in the fee but students need not worry as they will have an option to get 100 per cent easy loan at zero per cent interest,” one of the members of the council told Deccan Herald.

At the meeting, the council adopted a new mechanism for central government funding to the NITs, accepting a proposal of the HRD ministry.

Under the new mechanism, it was decided that the Centre will provide funds for investments in capital assets, labs, equipment and research while the institutes will recover the remaining “running expenses”, including salary of teachers and maintenance, from students through tuition fee.

“As of now, it is not clear how much tuition fee will increase with the implementation of new mechanism for central funding. The NITs will work on it and come up with exact details,” official sources said. 

With the council adopting the new funding mechanism, the NITs have become the first among the centrally funded technical institutes to have accepted to take up the responsibility of generating funds from its own resources to meet bulk of its expenditure.

“This will help in building NITs into robust institutions,” the HRD ministry said in statement. At the meting, the Council also discussed a proposal to have “one exam, one rank, one counselling for all institutes of national importance” along with NITs’ demand for trashing the system of giving 40 per cent weightage to Class XII board examination in JEE main, but no decision was taken on them.

“It was decided to constitute a core committee to examine the issues and recommend suitable course of action,” the ministry said.

On a suggestion of the HRD minister, the council decided to deploy senior students of the NITs to “hand hold” and help new students who are weak in studies. These mentor students will be provided with financial incentives with the ministry’ support.
The HRD minister said performance of the NITs would be closely monitored.

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(Published 01 October 2015, 19:24 IST)

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