FUTA School Fees Schedule: Complete Breakdown for All Levels
Are you planning to enroll in the 2023–2024 academic year at the Federal University of Technology, Akure (FUTA) as a student or prospective student? Are you curious in the structure of the school fee schedule and how it affects your spending? Explore this comprehensive guide, which covers everything from tuition to extra fees, to make sure you’re financially ready for your academic career at FUTA.
At the Federal University of Technology, Akure (FUTA), starting an academic path requires not just intellectual devotion but also a thorough grasp of the financial ramifications. FUTA has published its school fee structure for the 2023–2024 academic year, providing clarity and openness for prospective and current students alike. This thorough guide will help you understand the many parts of the FUTA school fees so you can be ready for the financial side of your university experience.
Breaking Down the FUTA School Fees Structure
Tuition Fees
- Tuition: Remarkably, tuition at FUTA remains free for all students, across all levels (100L to 500L).
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Other Mandatory Charges
- Online Registration (Both Semesters): ₦5,000 for all levels
- Deed of Undertaking: ₦5,000 for 100L/200L fresh students
- Laboratory/Workshop Charges: ₦15,000 applicable to all levels
- Examination Charges: Variable fees across different levels
- Certificate Verification: ₦10,000 for fresh students
- Caution Fee (Refundable): ₦20,000 for new entrants
- Identity Card (Valid for 2 Sessions): ₦5,000 for fresh and 300L students
- Students Handbook (Revised Edition): ₦5,000 for fresh students
- Sports Services: Different fees for various levels
- Medical Examination: ₦10,000 for new entrants
- Endowment Fund: ₦5,000 for all students
- Medical (TISHIP and Others): ₦10,000 for all levels
- Matriculation Charges: ₦10,000 for new students
- Library Charges: Different fees for various levels
- University Calendar: ₦10,000 for fresh students
- Industrial Training (400 Level Only): ₦10,000
- ICT Development: ₦10,000 for all students
- School Due: ₦5,000 for all levels
- Departmental Due: ₦5,000 for all levels
- Municipal Charges: ₦30,000 for all students
- Students Welfare Insurance Scheme: ₦2,000 for all students
- Students Union Fee: ₦2,500 for all levels
- Entrepreneurship: Variable fees for 100L, 200L, and 300L
- Development Levy: Different fees for fresh and returning students
- FYB Fee (500L only): ₦1,500
- Field Trip/Professional Accreditation Fees: Varies by department
Total Fee Breakdown by Level
- 100L/200L: ₦240,500
- 300L: ₦131,000
- 400L: ₦136,000
- 500L: ₦127,500
Flexible Payment Option
FUTA has offered the option of paying in two installments because they recognize the financial difficulties that students may have. This flexibility can reduce your financial stress and improve the efficiency of your spending plan.
Need further information?
For any additional details or specific queries related to the FUTA school fee schedule, you can visit the university’s official website or contact the university’s finance office. Staying informed will ensure that you are on top of your financial responsibilities and can focus on achieving academic excellence at FUTA.
Conclusion
For efficient financial planning, it is important to understand the Federal University of Technology, Akure’s tuition costs. Since there are no tuition fees and all other costs are specified, you can plan appropriately for the next academic year. Recall that investing in your education is an investment in your future, and the secret to a stress-free FUTA academic experience is being aware of these financial factors.