Fee Hike: OAU Slashes Tuition 50 %, Allows Installmental Payment

The management of Obafemi Awolowo University, OAU, Ile-Ife, Osun State, has reviewed the school’s tuition fees, which were recently increased.

The Public Relations Officer of the university, Abiodun Olanrewaju, in a statement on Monday, announced that the management has reduced the fees after a meeting held with the students.

Olanrewaju had said that the Students Union leaders were adamant, insisting that the fees should be reduced by 50%.

He added that the university management made it clear that the new charges were the minimum the university required to run efficiently.

READ ALSO: OAU Hikes Tuition Fees

The statement reads, “Accordingly, the Vice Chancellor, Professor Adebayo Simeon Bamire, graciously announced that the charges initially announced have been reduced as follows:

“For the students in Humanities, the initial sundry charges of #89, 200 for returning students have been reduced to #76,000 while for the new students in the Humanities, the initial fees of #151,200 have been reduced to #131,000.

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“For those in the Sciences and Technology, the initial charges of #101,200, for returning students is now #86,000 while the new students in the same Faculties will now pay #141,000 instead of the initial #163,200.

“In the same vein, the returning students in the Pharmacy and College of Health Sciences will now pay #109,000, instead of #128,200. The new students in the same Faculties will now pay #164,000 instead of the initial charges of #190,000.”

The statement added that the university management has agreed that the payment can be in two equal installments.

 

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