NIT tuition fees raised by 300%

Tuition fee at the National Institutes of Technology is set to leap threefold, which will give them a place in the list of private colleges in the country.The NITs and the Indian Institutes for Science Education and Research will join the Indian Institutes of Management as publicly funded education institutions that recover their entire running costs from the students. This could raise the tuition fees at the 31 NITs above Rs 2 lakh a year from the current Rs 70,000.In comparison, IITs charge Rs. 70000 as annual fees from the undergraduates.

An NIT director expressed his opinion by saying that this decision might lead to a migration of students to private institutions. The decision is headed by Union Human Resource Development Minister Smriti Irani. According to her, the operating cost will be collected from students and the capital assets will be provided by the government (labs, instruments, etc.). The operating cost includes the salaries of teachers and other staff as well as the expenditures on maintenance. However, the students will receive education loans with zero interest, to be repaid after the course is over.A meeting held on Thursday did not take any decision on proposals to change the admission norms.

The NIT selection process now gives 40 percent weightage to candidates’ class XII Board marks and 60 percent to their JEE Mains score. A panel headed by IIT Bombay director Devang Khakhar had recommended that the board weightage be scrapped and the NITs admit students solely on the basis of their JEE Mains score.A standing committee of the NIT Council accepted the suggestion to scrap the Board weightage but recommended that the institutes admit their students on the basis of their JEE Advanced scores, like the IITs.However, at the meeting, some members argued that the weightage of Board marks had helped more girls and rural students to secure admission. It was then decided that a committee be set up to study the impact of Board weightage on admissions.