Section 7NCT Delhi Act
Section 7: Factors for determination of fee
Factors for determination of fee.
- The Fee Regulatory Committee shall determine and fix the fee or fees to be charged by an institution, on considering the following factors, namely: -(a)
the nature of the professional course;(b)
the available infrastructure including allotment cost of land and opportunity cost of land if the land is owned by the institution at the time of its establishment;(c)
the expenditure on administration and maintenance;(d)
a reasonable surplus required for the growth and development of the college;(e)
revenue to the institution from various sources associated with the education of students;(f)
the excess funds generated from non-resident Indians, charity on the part of managements and contribution by the Government for providing free ship for Scheduled Castes or Scheduled Tribes students;(g)
a reasonable surplus required for meeting any unforeseen contingencies that the institution may face and for the growth and development of the college;(h)
any other factor as the Fee Regulatory Committee may deem fit or such other factors as may be prescribed.Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.