Punjab Engineering College to Increase Annual Fees by Rs 10,000
Punjab Engineering College to Increase Annual Fees by Rs 10,000 from next academic session.
The hike will only be applicable to undergrauate programs as the univeristy wants to attract bright talent to the campus
Punjab Engineering Collegehas decided to increase the fees by 9.09% from the nextacademic session, ( 2018-19). As per the sources, PEC, deemed to be university will collect 9.09% more fees for all the programs.Theannual tuition feesfor all the courses is Rs. 1.1 lakh which will increase by Rs. 10,000.
The admission charges for all the courses will rise from Rs. 6,000 to Rs. 6,500 and theresidential chargeswill also go up from Rs. 48,000 to Rs. 50,000. Themaintenance chargeswill rise as well, from Rs. 7,000 to Rs. 8,000.
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As per Manoj Arora,PEC Director, the board has only approved the increase in the hike for the next academic session. However, the hike for the year 2019-2023 is still not decided and is still under consideration. The board also mentioned that they are planning to reconsider the 12% hike for the session 2019-20.
According to the sources, the increases in fees and other charges for academic session 2018-19 is for new students. The hike in the fees was necessary due to the increase in expenditure, new infrastructure, building new centres, hiring teachers, the impact of the7th pay commission, increase in pension, among others.
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The board also informed the authorities that they have only increased the fees for the undergraduate programs and not for postgraduate programs as the main aim of the institute is to attract bright talented students to the campus.