Limitation of 10% Fees Hike to be Imposed on Private Medical Colleges, Says Fee Regulatory Authority



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"Doctors Treat. God Heals" is one of the most inspiring quotes that pushes young minds to become doctor of future. But the cost toi become doctors is very high. Huge amount of fees is charged for completing their studies. And when it comes to private medical colleges have made it more costly affair.

The Fee Regulatory Authority has taken cognizance of the matter and they are getting ready to put restriction according to which the private medical colleges will not be allowed to hike the fee by more than 10%. The decision will surely help the medical aspirants and regulate private medical colleges exempting them from collecting high capitation fee.

At a time when medical aspirants have complained of arbitrary capitation fee charged by private medical colleges, the state Fee Regulatory Authority (FRA) has attempted to control the hike this year. The FRA, which released the approved fee structure of the MBBS course offered by several private medical colleges in the state for the academic years 2016-17 and 2017-18, has attempted to limit the fee hike within 10 percent.

Related Facts:

  1. NEET has been made mandatory for seeking admission to medical courses, stopping admission form business for many colleges.
  2. Parents of medical students and aspirants, the deemed colleges charge anywhere between Rs10 lakh to Rs 17 lakh.

Examples of Fees Hike in Certain Colleges:

  1. The fee structure of Terna Medical College in Nerul has been hiked by around 8 percent for both the academic years. Those admitted last year will have to pay Rs 5 lakh. For those admitted this year, the fee is Rs 5.4 lakh.
  2. The DY Patil Medical College in Navi Mumbai charged Rs16.5 lakh last year.
  3. The MIMER Medical College in Talegaon has been granted the highest hike of 20 percent over its last approved fee structure.

Pravin Shinghare, Directorate of Medical Education and Research, said that there is no rule or regulation that allows the state or any other body to regulate the fee of the deemed medical colleges
 

Related Tags:
Fees Hike





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