The Management of Afe Babalola University (ABUAD) has released a statement regarding the reported increase in the School Fees to be paid by returning students of the University for the 2013/2014 Academic Session. ABUAD Students are now to pay the school fees the paid last session with “minor change”.
In a statement released on ABUAD’s website regarding the new 2013/2014 School Fees schedule, the Management of the University said the public was misinformed and the message has been released to inform us to understand the situation of things:
Claims of the Management of ABUAD:
It is not correct that the University increased its fees by 49 percent as alleged by some of the commentators. During the last session, the University entered into agreement with facility developers, particularly in the area of hostel accommodation.
When the University started in 2010 the cost of maintaining a student per session was between 1 million and 1.8 million naira, depending of his programme and the type of accommodation. Notwithstanding this, the University charged an average fee of 500,000 naira per student.
The current cost of maintaining a student per session for the standard and quality of education which the University maintains and strives to improve upon is now between 1.9 million and 3.5 million naira, depending on the programme and the type of accommodation the student utilises. But the University charges less than one-sixth (1/6th) of this amount in some programmes, such as SMS, Sciences, Education & Humanities and Geology.
Conclusion on the new ABUAD School Fees
For the benefit of the pioneer students and their parents, Board of Trustees has decided that returning students shall pay the same school fees paid in the previous year, with minor changes as contained in the schedule below.
For the avoidance of doubt, the Board of Trustees cannot and will not continue to subsidize accommodation fees payable to developers. It is up to each student to live in a 4-bedroom or 2-bedroom. (See schedule of fees below)
It’s worth informing you that this post is just to give you the summary of the release made by ABUAD Management on the school fees saga, interested persons can read the full publication by clicking here!
If you missed the initial publication where helped ABUAD students write about their bitter complaints over increase in their school fees, click below:
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