The Vice Chancellor of Tai Solarin University of Education, Prof Oluwole Banjo, has explained why the university increased its tuition fee.
According to The PUNCH, the VC, while speaking during a press briefing preceding the university’s 13th, 14th, and 15th convocations slated for next Tuesday, stated that the increase in tuition fees at the institution was directly linked to the removal of fuel subsidy.
He also stated that during the convocation ceremony, the varsity is expecting 5153 students to graduate, including 18 First-class honours, 159 Master’s degree recipients, 60 awardees of Post Graduate Diploma in Education, and 30 with Post Graduate Diploma qualifications.
Additionally, he announced the conferment of an Honorary Doctorate Degree in Economics upon the former Deputy Governor of the Central Bank of Nigeria and erstwhile President of TASUED Trust Foundation, Dr Tunde Lemo.
The VC said, “This year is exceptional as we witness the combined convocation of the 13th, 14th, and 15th ceremonies, with a total of 5153 students graduating. Among them, 18 have achieved first-class honours, while 159 are graduating with master’s degrees, 60 with PGDE, and 30 with PGD.
“This year’s Honourary Degree will be bestowed on Dr Tunde Lemo, former CBN Deputy Governor and former President TASUED Trust Foundation.”
Speaking on the hike in the school fees, the VC said that after a series of meetings, the management reviewed the fees from N260,000 to N148,500 for returning students offering education and N158,500 for science students while fresh students offering education will pay N170,000 and those offering science courses will pay N180,000.
He also mentioned that students have the option to pay their fees in installments. Under this arrangement, students can pay 60 per cent of their fees in the first semester and settle the remaining 40 per cent in the subsequent second semester.
The VC said, “I also wish to address the recent adjustment in the school fees regime. Recognizing the changing economic landscape brought about by the removal of the Fuel subsidy and its attendant effect, the university has however introduced a two-installment payment plan to alleviate the financial burden on students.
“The institution’s work-study program provides an opportunity for students to work on campus while maintaining their studies.”
The VC further emphasized the institution’s unwavering commitment to enhancing the security of both the school’s staff and students, leaving no aspect unattended.
“On this security matter, we are leaving nothing to chance, I have even been to see the Inspector General of Police, Kayode Egbetokun, and we are regularly working with the state Commissioner of Police, CP Alamutu Abiodun to ensure that everyone is secured.”
