Higher Education

Higher Education

UGC eminence tag comes at a high cost for aspirants

PUBLISH DATE 18th September 2017

The recent UGC scheme of according existing or new educational institutes the status of Institutes of Eminence Deemed To Be Universities has garnered much interest among colleges and universities here.

Selection for the status ensures significant autonomy in official matters and also funding to the tune of crores of rupees for the institutes. Some private players, however, feel that such a huge corpus and other financial aspects may keep out a lot of academically good universities from entering the fray , while corporate-funded universities will get better representation.

One of the initial hitches in applying is probably the application fee of Rs 1 crore.However, heads of various institutes feel that this will ensure that “institutes that are only serious about the programme will apply“.

B B Ahuja, director of College of Engineering Pune, said, “We are waiting for the status of our application to be a deemed to be university. We will definitely apply for the scheme. I think a reason for the application fee to be high is to see that not everybody can apply for the scheme. I think UGC means business and fewer applications will mean better screening. I think CoEP is definitely eligible for this status.“

N R Karmalkar, vicechancellor of Savitribai Phule Pune University , said, “I got a call from Delhi on the issue and we would definitely apply for it. I think we have what it takes to get selected for the status.“

Private universities need a net worth of Rs 3,000 crore collectively to apply for the tag. “We would love to apply for it. The only problem I think is the clause that says the net worth of all members of the sponsoring organization should be Rs 3,000 crore collectively. Except for corporate houses and institutes run by them, hardly any institute will have members with that much net worth.We will make a presentation before the UGC to dilute this clause,“ said Vidya Yeravdekar, principal director, Symbiosis Society.

--------------------------------------------------------------------------------------------------------------------------------------------------------

GET Free Educational Updates (Entrance Exam, Admissions, Jobs & many more...) Alerts on WhtasApp, Send message on 7720025900

--------------------------------------------------------------------------------------------------------------------------------------------------------

'विद्यार्थी मित्र' जॉईन करा आणि मिळवा न्यूज, जॉब, माहिती अगदी विनामूल्य ते ही आपल्या व्हॉटस्अॅपवर. <नाव> <शहराचे नाव> <नोकरी>७७२०० २५९०० मेसेज व्हॉटस्अॅपवर पाठवा

https://goo.gl/YPjt94

--------------------------------------------------------------------------------------------------------------------------------------------------------