The Fee Regulatory Authority of Maharashtra has mandated that NRI and management quota fees must remain fixed for the duration of a course starting in the 2027-28 academic session to prevent income misreporting.
Reader brief
Through the Reader lens: The Fee Regulatory Authority in Maharashtra is changing how private and professional colleges report income for fee fixation starting in the 2027-28 academic session. Colleges will be required to maintain the initial fees declared for management and NRI quotas throughout the entire duration of a student's course. This measure aims to curb the practice of colleges underreporting their income from these quotas to justify higher fees for merit-seat students. Colleges that provide false or misleading information regarding their fee collections face potential penalties.
What to watch next
- Impact on tuition fees for merit-seat students
- Potential pushback from private and medical professional institutions
- Implementation of penalties for colleges failing to report accurate income
Sources1
- [1]The Times of India — MumbaineutralFees fixed for NRI, management quotas cannot be changed for duration of entire course: FRA