Starting university is an exciting phase of life for many students.
However, one crucial aspect that needs careful consideration is understanding the fees and charges associated with your education.
In this blog post, we will break down the school fees schedule for Oyo State Technical University, providing a clear understanding of the costs involved for both newly admitted and returning students.
Newly Admitted Students: For newly admitted students, Oyo State Technical University has a comprehensive fee structure. Let’s take a closer look at each component:
- Acceptance Fee: N50,000.00 This is a one-time payment required to secure your admission at the university.
- Medical Fee: N15,000.00 This fee covers medical services provided by the university’s health facilities.
- Result Verification: N10,000.00 The result verification fee ensures the accuracy and authenticity of your academic records.
- Caution Fee: N20,000.00 The caution fee acts as a deposit against any damages or losses that may occur within the university premises.
- Student Handbook/Prospectus: N2,000.00 This fee covers the cost of the student handbook and prospectus, which provide essential information about the university.
- Matriculation Fees/Gown Rent: N10,000.00 Matriculation fees are charged for the formal enrollment ceremony, and gown rent covers the cost of renting academic gowns for the event.
- Tie/Scarf, School Pin, Lab-Coat: N37,000.00 These charges include the cost of purchasing necessary academic accessories like ties, scarves, school pins, and lab coats.
The total amount for these fees sums up to N149,000.00. It’s important to note that these fees are one-time payments and will not be required again until you complete your degree.
Freshers at Oyo State University: For freshers at Oyo State University, the fee structure comprises two main categories: university charges and municipal services charges.
- University Charges:
- Tuition: N722,000.00
- Development Levy: N722,000.00
- Medical Health Insurance: N722,000.00
- Course Registration: N722,000.00
- Examination Fee: N722,000.00
- ICT (Email, Internet access, E-Portal): N722,000.00
- ID Card: N722,000.00
- Library: N722,000.00
- Laboratory Practical: N722,000.00
- Workshop/Studio Practice: N722,000.00
- Excursion/Field Trip: N722,000.00
- Sports Development Levy: N722,000.00
- Entrepreneurship & Language Studies: N722,000.00
The total for these university charges amounts to N722,000.
- Municipal Services Charges:
- Accommodation & Municipal Services: N200,000.00
- Bus Service: N20,000.00
- Parent Forum: N5,000.00
- Association Due: N2,500.00
The total for these municipal services charges is N177,500.00.
Combining the university and municipal services charges, the grand total for freshers at Oyo State University is N1,048,500.00.
Returning Students at Oyo State Technical University: For returning students, the fee structure remains similar to that of freshers, with a few changes. Here’s an overview:
- University Charges: The university charges for returning students remain the same as freshers, totaling N722,000.
- Municipal Services Charges: The municipal services charges for returning students are slightly different:
- Accommodation & Municipal Services: N200,000.00
- Bus Service: N20,000.00
- Parent Forum: N5,000.00
- Association Due: N2,500.00
The total for these municipal services charges is N227,500.00.
The grand total for returning students at Oyo State Technical University is N949,500.00.
Conclusion
Understanding the school fees and charges is crucial for students and their families when planning for higher education.
This blog post provided a comprehensive breakdown of the school fees schedule for Oyo State Technical University, catering to both newly admitted and returning students.
It’s important to note that the fees mentioned here are based on the available information as of my knowledge cutoff in September 2021.
For the most accurate and up-to-date fee details, it is recommended to visit the official website or contact the university directly.
Remember, investing in education is an investment in your future, and being aware of the financial obligations will help you plan effectively and make the most of your educational journey at Oyo State Technical University.