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SSS(H&T)5th June 2009

REVISED NORMS APPR OVED BY SAMITI FOR GRANT OF INTERIM FEE ANDFINAL FEE FOR THE HIGHER & TECHNICAL COSURSES TO BE STARTED

FROM ACADEMIC YEAR 2009-10.

THE COLLEGES/ INSTITUTES ARE HEREBY DIRECTED TO SUBMI T PROPOSAL ALONG

WITH FORMATE FOR COMPUTATION OF FEES & DEPRECIATION, CHECKLIST &FORMS A,B.C.& D

Extracts of Minutes of Meeting of the Shikshan Shulka Samit i (Higher & Technical Education)held under the Chairmanship ofJustice P.S. Patank ar (Retd.) on Tuesday, the 26 th May 2009at 11.00 a.m. in the Conference Hall, Directorate of Technical Education, Dhobi Talao, Opp. MetroCinema, Mumbai 4000 001.

Item No.6. To consider and discuss the proposal submitted by the Sub-Committee appointed by theSamiti for approval of interim fees and revised norms for finalization of fee structure forcourses starting during AY 2009-10.

The Samiti considered and approved the proposal submitted by the Sub-committeeappointed by the Samiti for approval of Interim fee and revised norms for finalization of feestructure for the courses starting during academic year 2009-10. These norms are in super sessionof the earlier norms declared on 25th March 2009, the details are as follows:

1. Interim fee and final fee

1.1 The interim tuition fee for the students to be admitted to the course in AY 2009-10 is to beproposed by the Colleges within two weeks of notification of these norms. The increase infees to be levied from the said students in the subsequent years of the course will be subjectto a limit of 7% of total fee for the previous year.

1.2 The proposals from Institutions/Colleges, in which the increase in total fee sought is 7% orless over the total fee of AY 2008-09 will be approved as interim fee by the SSS. Howeverinstitutions seeking an increase of more than 7% will be permitted to collect only the totalfee not exceeding 7% over and above the final fee approved for AY 2008-09.

1.3 The approval of final fees will be done after submission of accounts, duly audited, for thefinancial year 2008-09, and scrutiny of the same.

1.4 The information about the approved interim fee for the course for all years is to be printed inthe prospectus of the College/Institute with an undertaking that if the final fee approved isless than the interim fee collected, the same shall be refunded within Four weeks. Such anundertaking on stamp paper will also be submitted to the SSS. The College/Institute may

also obtain undertaking from students for any additional fee, in case the final fee is morethan the interim fee.

1.5 All eligible Colleges/Institutions should apply for accreditation to the NBA of AICTE beforeDecember 2009. Those who fail to do so will be permitted an increase of only 5% of tuitionfee fixed for AY 2009-10 (as against 7%) for the students to be admitted in AY 2010-11 andthereafter.

1.6 It is to be noted that the fees approved for the students admitted in AY 2008-09 or earlierwill continue to remain unchanged except for the payment of VI Pay Commission to benotified separately by the SSS. This information is to be put up on the website of Colleges/Institutions.

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1.7 The Colleges/Institutions, which have not sent or whose proposal is not approved due to

some defect in it for AY 2008-09, such Colleges/Institutes are not permitted to collect fees inexcess of what was finalized and approved by SSS in AY 2007-08 or earlier.

2. The revised norms for final approval of fees for students to be admitted in 2009-10 andthereafter.

2.1.1 Salary expenditure actually paid as certified by the Auditors.

2.1.2 Salary of employees (Teaching/Non-teaching) is to be paid through Bank Accounts only.2.2 Non salary revenue expenditure, duly audited. This will not include depreciation, rent for the

building, interest on loans, if any, and expenditure not essential / related to the conduct ofcourses.

2.3 The basic infrastructure in the form of building and equipment is required to be provided bythe Trust before starting of the College/Institute. Therefore any expenditure incurred inproviding the infrastructure can not be passed on to the students. Therefore no interest onloans taken, if any, for any purpose whatsoever, is permissible as expenditure. However, the

value of the asset is to be preserved. Therefore provision of depreciation will be permitted,at the rate indicated in 2.4 below, irrespective of the fact whether the building is owned bythe college or trust.

2.4 The rates of depreciation fixed by the SSS as detailed under appear to be fair.Building: Depreciation 2.5%Computers 25%Other equipment 10%Furniture 10%Books 25%

However, these rates are to be applied on Straight Line basis. The assets as in thefinancial year 2007-08 will be frozen as it is for the purpose of depreciation. Additionaldepreciation for the new assets added in the financial year 2008-09 and thereafter will beallowed on straight line basis at the above mentioned rates. The Colleges/Institutes arerequired to provide the necessary details. The building cost is to be given for the area as perAICTE norms. This will not applicable for Non-AICTE courses.

2.5 The calculation of final fees will be made on the basis of sanctioned strength or actualstrength of students, whichever is higher. The infrastructure and staff appointed is on thebasis of sanctioned strength. If the actual strength is higher, the facilities and theexpenditure will be shared by all the students. If the seats remain vacant, the spare facilityavailable on account of vacancies is of no use to the existing students and therefore such

students can not be expected to bear the burden due to vacancies.

2.6 While calculating the final fee, addition of 7% to be made in view of the fact that calculationis based on previous years Audited Accounts. This is considered as increase in costs insteadof inflation.

2.7 Development fee: Reasonable surplus, meant for development or expansion of theCollege/Institution is fixed on the basis of 7% of the tuition fee. This development fee couldbe charged only if the institution has provided all the infrastructure and facilities as pernorms. A copy of the latest AICTE approval is required to be submitted along with theproposal to levy this development fee.

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2.8 The College/Institution is permitted to charge additional tuition fee and development fee forthe courses accredited by the NBA of the AICTE. 3% increase in fees - if at least 50% of thecourses are accredited and 5% increase in fees - if all courses are accredited by theCollege/Institute. This can be levied only if the accreditation is valid for major part of theacademic year.

2.9 The expenditure for implementation of VI Pay Commission will be considered separately asand when the same is notified by the Government. The additional cost involved in

implementing the same will be borne by all the students in the College/Institution.

2.10 The Colleges/Institutions are strictly prohibited from collecting any excess fee/charges otherthan those approved by the SSS and any fee levied by the University concerned. Seriousview will be taken against those who violate the directives. Such defaulting College/Institutemay be punished suitably which may include reduction in fees up to 50%, recommending tothe Pravesh Niyantran Samiti for stopping of admission process and to the University for De-affiliation, etc.

2.11 The Colleges/Institutions are required to provide the details of their infrastructure andfacilities/amenities on their website before effecting the admission of students.

2.12 In case more than one course is run in the same premises/building/campus, then theCollege/Institute to give number of students for each course and time spent for such courseevery day.

*****

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FORMAT FOR COMPUTATION OF FEES FOR AY 20 09-10 - HIGHER & TECHNICAL COURSES

Name of the College/Institute Code Location Official Use only

1

Interim fee :

Approved fee for AY 2008-09 Proposed for AY2009-10

Approved Interim fee forAY 2009-10

2

Rs. Rs. Rs.

3Whether undertaking on stamp paper submittedreg. refund?

Yes/No

4Computation of final tuition fee and developmentfee:

Expenditureincurred(in Rs.)

Expenditure permitted(in Rs.)

4.1 Salary expenditure for 2008-09

4.2

Non salary revenue expenditure (Rent, Interest

on loan, if any, and unrelated expenditure to beexcluded) for 2008-09

4.3Depreciation/Rent on building @ 2.5% of cost for

as per norms 2008-09

4.4Depreciation on other assets at approved rates2008-09

4.5 Total (of 4.1 to 4.4)

4.6Add: 7% of 4.5 for increase in cost for 2009-10

(1.07 times of 4.5)

4.7 Sanctioned strength in the College/Institute (No.)

4.8 Actual strength in the College/ Institute (No.)

4.9 Controlling strength (no.)

4.10 Tuition Fee (4.6 /4.9)

4.11 Development fee (7% of 4.10)

4.12 Accreditation by NBA : If yes, Valid Upto

4.13If yes, give details of accreditated courses versustotal courses

4.14 Additional tuition fee for accreditation as pernorms - 3% or 5%

DateSignature and Seal of theHead of College/Institute

Note: The College to provide the details of courses & no. of students, which are running in the samecampus/location with tuition time for each course per day.

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Calculation of Depreciation on building for fixation of fee for AY 2009 -10

1 Depreciation on building / rent permitted

1.1 Area required as per norms_________sq.m

1.2 Area provided_________sq.m

1.3 Cost of area as mentioned in 1.1 Rs. _________

1.4 Year of construction _________

1.5Cost of additional construction during2008-09

Rs. _________

Total Depreciation /rent @2.5% of 1.3 & 1.5 Rs. _________

2 Calculation of Depreciation on other assets for AY 2009-10.

Sr.No.

Item

Depreciationpermitted as

in 2007-08Rs.

Addition during2008-09

Rs.

AdditionalDepreciationat approved

rates in2008-09 Rs

TotalDepreciati2008-09 R

1 2 3 4 5 6 (3+5)

1 Computers 25% (Life 4 years)

2 Equipment 10% (Life 10 years)

3 Furniture 10% (Life 10 years)

4 Books 25% (Life 4 years)

Total

Important Note : Depreciation in column 3 is to be claimed only for items which have not served their full life

3TOTAL DEPRECIATION(Total of 1 & 2)

Date

Signature and Sealof the certifying

Charted Accountantand Auditors

Signature and Sealof Head of the Institution