NITs to hike fees for new students

June 25, 2016 01:59 am | Updated October 18, 2016 03:05 pm IST - New Delhi:

After IITs, fee in National Institutes of Technology (NITs) is all set for a hike from Rs. 70,000 to Rs. 1.25 lakh per annum.

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, a senior official told PTI.

The Ministry also decided to hike 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.”

The decision was taken at a meeting chaired by HRD Minister Smriti Irani on Thursday.

“The fee hike would only for new students who get admission and not for those who are already studying,” an official said.

Earlier this year, the Human Resource Development Ministry had hiked the fees for IITs from Rs. 90,000 to Rs. 2 lakh per annum. However, on the lines of the decision taken with regard to 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 lakh.

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

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

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