Fee row: Engineering colleges moot loan scheme

[shanth]

HYDERABAD: A fresh proposal, which puts the onus of paying fees on students from weaker sections, was on Sunday put in front of the experts' committee set up for examining the fee structure in professional colleges in the state. As per the new blueprint, which was drawn up by the managements of state engineering colleges, the government should provide educational loans to students in collaboration with Indian Banks' Association. Students will have to start repaying the loan six years after joining the course, that is, two years after its completion. The student would, however, need to repay the loan with interest.

As per the proposal, the government will have to spend only Rs 400 crore instead of the Rs 4,000 crore it currently does on the fee reimbursement scheme wherein the state pays the fees of students from the BC community.

The central government, in collaboration with the Reserve Bank of India (RBI), has taken permission from about 18 nationalised banks to provide loans to students without the wherewithal to fund their education. The banks are expected to set up counters at the counselling venue to offer loans to students looking to avail of the fee reimbursement scheme.

The colleges have also suggested that students who benefit from the fee reimbursement scheme refund the money to the government six years from the date on which it was taken up.

On Sunday, CM N Kiran Kumar Reddy looked into the proposals in the presence of some members of the expert committee. It was learnt that the committee has yet to come up with its final report and is still weighing several options.

While over 133 engineering colleges are demanding that they be allowed to go in for hikes which may see their fees touch the Rs 85,000 per annum mark, the government has decided to conduct fresh inspections at these institutions to determine whether they do offer the services which they have promised on paper. The members of the experts' committee are expected to brief a cabinet sub-committee on Monday.

Source : TOI

[KHAJA NCQ]

HYDERABAD: A fresh proposal, which puts the onus of paying fees on students from weaker sections, was on Sunday put in front of the experts' committee set up for examining the fee structure in professional colleges in the state. As per the new blueprint, which was drawn up by the managements of state engineering colleges, the government should provide educational loans to students in collaboration with Indian Banks' Association. Students will have to start repaying the loan six years after joining the course, that is, two years after its completion. The student would, however, need to repay the loan with interest.

As per the proposal, the government will have to spend only Rs 400 crore instead of the Rs 4,000 crore it currently does on the fee reimbursement scheme wherein the state pays the fees of students from the BC community.

The central government, in collaboration with the Reserve Bank of India (RBI), has taken permission from about 18 nationalised banks to provide loans to students without the wherewithal to fund their education. The banks are expected to set up counters at the counselling venue to offer loans to students looking to avail of the fee reimbursement scheme.

The colleges have also suggested that students who benefit from the fee reimbursement scheme refund the money to the government six years from the date on which it was taken up.

On Sunday, CM N Kiran Kumar Reddy looked into the proposals in the presence of some members of the expert committee. It was learnt that the committee has yet to come up with its final report and is still weighing several options.

While over 133 engineering colleges are demanding that they be allowed to go in for hikes which may see their fees touch the Rs 85,000 per annum mark, the government has decided to conduct fresh inspections at these institutions to determine whether they do offer the services which they have promised on paper. The members of the experts' committee are expected to brief a cabinet sub-committee on Monday.

Source : TOI

Feeling the pinch, govt sets cap on fee relief
TIMES NEWS NETWORK

Hyderabad: Vexed by a mounting financial burden, the state government has decided to go for a thorough overhaul of the fee reimbursement scheme.
As per a decision taken on Monday by the committee of experts and a cabinet sub-committee, starting this academic year, the government will reimburse only up to Rs 31,200 towards each student’s engineering tuition fees even if the college is charging substantially more.
Further restricting the eligibility criteria, the council of ministers has also decided to make the scheme available only to those second year students who have cleared 50% of their first year papers. The same criteria also applies to third and fourth year students.
Initiating a stringent verification, affiliation and recognition process, a task force comprising officials from Jawaharlal Nehru Technological Universities (Hyderabad, Kakinada and Anantapur) and the higher education and revenue departments will inspect each college to see whether they have the facilities as declared in the records submitted by them to the Supreme Court and the Admission and Fee Regulatory Committee (AFRC).
It is also learnt that this task force is expected to replace AFRC, which was till this year the statutory body for supervising the fee structure at engineering and other professional colleges.
The government has also decided against any more delay in engineering admissions. “The council of ministers will meet on August 8 and announce the counselling dates. The government will decide on the fee structure for each of the 133 engineering colleges which have asked for a fee hike only after the college inspections have been completed,” a source said.
The admission notification might not carry the revised fees for all engineering colleges, an official said.
The government has also decided to closely monitor management quota admissions.
Starting this academic year...
Government to reimburse only up to 31,200 towards each student’s engineering tuition fees even if the college is charging substantially more
Scheme to be available only to those 2nd year students who have cleared 50% of their 1st year papers. The same rule applies to 3rd and 4th year students

[KHAJA NCQ]

Now the students have to work hard to get their subjects clear, if above mentioned condition is implemented by govt

[KHAJA NCQ]

Government to reimburse only up to 31,200 towards each student’s engineering tuition fees even if the college is charging substantially more
Scheme to be available only to those 2nd year students who have cleared 50% of their 1st year papers. The same rule applies to 3rd and 4th year students