Students planning to take admission in Lucknow University's (LU) self-financed programme from 2018-19 will have to pay more due to the increase in the fee structure by 30%. Lucknow University declared the fee hike for self-financed courses because of the financial crunch faced by the university. LU is planning to introduce semester system for the undergraduate course from the 2018-19 academic session.
As per the press statement released by Lucknow University, the fees for the self-financed courses has not been raised for the past six years. Hence, the varsity has decided to increase the fees by 30%, 5% per year for 6 years.
The meeting between all the deans of the faculties, coordinators, Head of Departments and Vice-Chancellor took place regarding the fee hike of self-finance courses. According to the sources, the fee hike is due to the financial burden faced by the university, mostly the salary of teachers. It was necessary to take this step for the smooth functioning of LU and to meet the day-to-day financial expenditure . This will also help the University to help provide the better infrastructure and other facilities to the students.
The university is also planning to introduce choice-based-credit-system (CBCS) in undergraduate programmes. As pointed out by National Assessment and Accreditation Council Committee ( NAAC) during their inspection to Lucknow University in March 2014, it is unfair to run the undergraduate courses in the annual exam pattern. NAAC strongly recommended the LU to start semester system in UG courses.