The management of the Obafemi Awolowo University (OAU) in Ile-Ife, Osun State, has reduced the fees that students of the institution would pay for the new academic session.
The OAU spokesperson, Abiodun Olarewaju, made this known in a statement issued on Monday, September 25, 2023.
Olarewaju noted that the decision followed a meeting the university management had with the leadership of the students union on Monday.
He said the meeting which lasted for several hours was called by the university management, after several agitations by the students union for a reduction of the initial charges approved by the university.
He stated that the students union leaders were adamant that the charges be reduced by 50 per cent, but the OAU management made it clear that the new charges were the minimum the university required to run efficiently.
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Olarewaju said the OAU Vice-Chancellor, Prof. Adebayo Bamire, however, announced that the charges initially announced had been reduced.
The university spokesman noted: “For the students in Humanities, the initial sundry charges of N89,200 for returning students have been reduced to N76,000.
“For the new students in the Humanities, the initial fees of N151,200 have been reduced to N131,000.
“For those in the Sciences and Technology, the initial charges of N101,200, for returning students is now N86,000 while the new students in the same Faculties will now pay N141,000 as against the initial N163,200.”
In the same vein, the returning students in the Pharmacy and College of Health Sciences would now pay N109,000, instead of N128,200.
He further stated that the new students in the same Faculties would now pay N164,000 instead of the initial charges of N190,000.
Olarewaju added that the university management agreed that the payment could be in two equal installments.
