National Institutes of Technology (NITs) will now be facing a hike in annual fees from Rs 70,000 to Rs 1.25 lakh per annum, after the Indian Institutes of Technology (IITs).
The new admissions will be affected by the new fees hike as the HRD ministry has accepted the proposal and viewpoint of the NIT council. A senior official also informed that the candidates who have already taken admission, in past sessions will remain unaffected by the fee hike.
A fee hike has from Rs 15,000 per semester to Rs 25,000 per semester, has been scheduled by the HRD ministry for the Indian Institutes for Science Education and Research (IISER) from "prospective effect".
The decision was taken at a meeting chaired by HRD Minister, Smriti Irani, on June 25.
"A decision has been taken to raise the fees at NITs for undergraduate as well as post graduate courses for which Rs 70,000 was charged. Now the students who join NITs will have to pay Rs 1.25 per year for these courses," the official notified.
"The fee hike would only for new students who get admission and not for those who are already studying," the official also added.
Earlier, this year itself, the HRD 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 given a fee waiver of two-thirds amount.
The officials said the fee hike has been affected with an aim of providing more resources to these institutions so that highest quality education can be provided and they can be made further more well-equipped.
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