Thiruvananthapuram: The procedures to revise the fees of self-financing medical colleges on the basis of the supreme court order will commence next week. The fee regulatory committee had to revise the fee from 2017-18 to 2020-21 which was hindered due to the intervention of the managements.
As most of the claims made by the managements were rejected by the supreme court, the fee is unlikely to be increased on a large scale. The students are currently paying the fee decided by the fee regulatory committee earlier.
The Commissioner for Entrance Examinations had granted admission to them on the condition that the final fee will be decided as per the court order. The committee chairman Justice Rajendra Babu said that the committee will convene a meeting on Monday or Tuesday to decide further action.
The supreme court directed the committee to determine the fee after examining necessary documents collected from the colleges. The high court directed to decide the fee based on the balance sheet provided by the managements.
But the fee regulatory committee wanted to examine the receipts and vouchers which prove the details of expenditure mentioned in the balance sheet. Some of the managements produced documents of flat rent, charity expenses and luxury cars.
However, the committee stated that considering these vouchers will result in higher fees. It is believed that the committee will be able to find out the actual expenses by checking the documents as per the court order.
Fees start from Rs 6.22 lakh
The committee decided the fee as Rs 6.55 lakh for majority of the 19 self-financing colleges. DM Wayanad (Rs 7.01 lakh), PK Das (Rs 7.07 lakh) and Sree Narayana (Rs 7.65 lakh) were allowed to charge high fees. SUT (Rs 6.22 lakh), Karuna (Rs 6.32 lakh) and KMCT (Rs 6.48 lakh) colleges have the lower rate. The annual fee for NRI seats in all colleges is Rs 20 lakh.
