Studying at Indian Institutes of Technology (IITs) will be expensive by Rs 40,000 from this academic session. The Council of IITs decided to increase the annual tuition fees for undergraduate students to Rs 90,000 at a meeting
in IIT-Delhi on Monday.
Announcing the decision, the minister for state for HRD, Pallam Raju said that the fee structure will be reviewed annually and that the revised rates will be applicable for the new entrants only and that the fee-waiver schemes for ST/ST and 25% of the students from economically disadvantaged background will continue.
At present, the annual fee is Rs 50,000. The last fee revision was done in the 2008-09 academic session when the tuition fee was increased from Rs 25,000 to Rs 50,000. An IIT spends Rs 2.25 lakh per annum per student. Announcing the hike, Raju cited the Anil Kakodkar Committee’s recommendation to make IITs financially independent on non-plan (operation) budgetary support to meet their operating expenditure. “We have enhanced the tuition fee to Rs 90,000 per annum from 2013. Revised rate will be applicable to new entrants of UG programmes and fee will be reviewed every year, but if doesn’t mean that it will be hiked every year. Like the IIMs, we want the IITs to be sustainable and fee is one of the ways. Barely 20% of the entire budget comes from fees in IITs,” said Raju.
The minister, however, said that no qualified student will be turned away because of financial constraints and “SC, ST students don’t have to pay any hostel or tuition fees. Also 25% of the students whose annual household income is Rs 4.5 lakh or less will continue to get 100% scholarships.”
Among other decisions taken at the meeting are that IITs will train graduates from National Institutes of Technology (NITs) to teach as they pursue their masters or PhDs at IIT. The IITs also resolved to ramp up their Ph.Ds from 3,000 to 10,000 by 2020.
The Council decided to enable top 15% students from NITs for a joint IIT-NIT trainee teacher scheme, whereby the NIT graduates will get teacher training at IITs and simultaneously pursue their master or Ph.D programmes to salvage the shortage of teaching faculty in the country.
in IIT-Delhi on Monday.
Announcing the decision, the minister for state for HRD, Pallam Raju said that the fee structure will be reviewed annually and that the revised rates will be applicable for the new entrants only and that the fee-waiver schemes for ST/ST and 25% of the students from economically disadvantaged background will continue.
At present, the annual fee is Rs 50,000. The last fee revision was done in the 2008-09 academic session when the tuition fee was increased from Rs 25,000 to Rs 50,000. An IIT spends Rs 2.25 lakh per annum per student. Announcing the hike, Raju cited the Anil Kakodkar Committee’s recommendation to make IITs financially independent on non-plan (operation) budgetary support to meet their operating expenditure. “We have enhanced the tuition fee to Rs 90,000 per annum from 2013. Revised rate will be applicable to new entrants of UG programmes and fee will be reviewed every year, but if doesn’t mean that it will be hiked every year. Like the IIMs, we want the IITs to be sustainable and fee is one of the ways. Barely 20% of the entire budget comes from fees in IITs,” said Raju.
The minister, however, said that no qualified student will be turned away because of financial constraints and “SC, ST students don’t have to pay any hostel or tuition fees. Also 25% of the students whose annual household income is Rs 4.5 lakh or less will continue to get 100% scholarships.”
Among other decisions taken at the meeting are that IITs will train graduates from National Institutes of Technology (NITs) to teach as they pursue their masters or PhDs at IIT. The IITs also resolved to ramp up their Ph.Ds from 3,000 to 10,000 by 2020.
The Council decided to enable top 15% students from NITs for a joint IIT-NIT trainee teacher scheme, whereby the NIT graduates will get teacher training at IITs and simultaneously pursue their master or Ph.D programmes to salvage the shortage of teaching faculty in the country.
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