Fee Hike in NITs and IISER

Fee Hike in NITs and IISER

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Fee Hike in NITs, yes you read it right...fee hikes are in trend this year and this is another one in line coming from MHRD

Fee hikes have been a very common thing to hear this year and here is another one!

Fee Hike in NITs

After IITs, National Institutes of Technology (NITs) are all set for an increase in yearly fee from Rs. 70,000 to Rs. 1.25 lac per annum.

Fee Hike in NITs

The HRD Ministry has approved this proposal of the NIT Council, and the increased fees will be effective for new admissions.

The fee hike would not affect those who have already taken admissions. The Ministry is also hiking the fees for the Indian Institutes of Science Education and Research (IISER) from Rs. 15,000 a semester to Rs. 25,000 a semester from “prospective effect.”

Fee Hike in NITs

The decision was taken at a meeting chaired by HRD Minister Smriti Irani. It would be only for the new admissions, with no retrospective effect for the old admissions. Earlier this year, the Human Resource Development Ministry had hiked the fees for IITs from Rs. 90,000 to Rs. 2 lac per annum. However, for IITs, the Ministry has decided to give a total fee waiver for the differently abled students from SC and ST community and those belonging to families with annual income less than Rs. 1 lac.

 

Students from families with annual income of less than Rs. 5 lac will also be entitled to a fee waiver of two-thirds amount.

The officials said the fee hike have been introduced with an aim to providing more resources to these institutions so that highest quality education could be provided.

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