Are you considering enrolling at the Federal University of Technology, Akure (FUTA) or currently a student? Understanding the fee structure for the 2023/2024 academic session is crucial for effective budgeting and financial planning. This guide will provide you with a detailed breakdown of FUTA’s school fees, helping you navigate the financial aspects of your academic journey with ease.
Detailed Breakdown of FUTA School Fees
Tuition Fees
- 100L/200L Fresh Students, 200L, 300L, 400L, 500L: Tuition is Free.
Other Charges
- Online Registration (Both Semesters): ₦2,000 (all levels)
- Laboratory/Workshop Charges:
- ₦10,000 (100L/200L)
- ₦4,500 (other levels)
- Examination Charges:
- ₦5,000 (100L/200L)
- ₦3,000 (other levels, except 500L)
- ₦4,000 (500L)
- Certificate Verification (100L/200L Fresh Students): ₦10,000
- Caution Fee (Refundable for 100L/200L Fresh Students): ₦5,000
- Identity Card (2 Sessions):
- ₦5,000 (100L/200L Fresh and 300L Students)
- Students Handbook (Revised Edition) (100L/200L Fresh Students): ₦5,000
- Sports Services: ₦3,000 (all levels)
- Medical Examination (100L/200L Fresh Students): ₦10,000
- Endowment Fund (100L/200L Fresh Students): ₦10,000
- Medical (TSHIP and others): ₦10,000 (all levels)
- Matriculation Charges (100L/200L Fresh Students): ₦7,500
- Library Charges:
- ₦2,500 (100L/200L)
- ₦1,500 (other levels)
- University Calendar (100L/200L Fresh Students): ₦7,000
- Industrial Training (400L Students Only): ₦10,000
- ICT Development: ₦5,000 (all levels)
- School Due: ₦5,000 (all levels)
- Departmental Due: ₦5,000 (all levels)
- Municipal Charges:
- ₦23,000 (100L/200L Fresh and 200L)
- ₦20,000 (300L and 500L)
- ₦10,000 (400L)
- Students Welfare Insurance Scheme: ₦2,000 (all levels)
- Students Union Fee: ₦2,500 (all levels)
- Entrepreneurship:
- ₦10,000 (100L/200L Fresh Students)
- ₦5,000 (300L)
- Development Levy:
- ₦20,000 (100L/200L Fresh Students)
- ₦5,000 (other levels)
- FYB: ₦5,000 (500L students)
- Field Trip / Professional Accreditation / MBBS fees / MLS / Public Health: Varies by department
Total Annual Fees
- 100L/200L Fresh Students: ₦159,500
- 200L: ₦73,000
- 300L: ₦78,500
- 400L: ₦68,000
- 500L: ₦73,000
Payment Options
- Two Equal Instalment Payments: Allowed for current 200 to 500 level students.
- Full Payment at Session Start: Mandatory for 100L and 200L DE students.
- First Instalment Payment: Grants access to first semester registration only. Full payment is required for second semester registration.
- Access to Accommodation and Course Registration: Only after payment.
- Accommodation Fee: Requires full payment, not instalmental.
- Partial Payments: When half of the fees are paid, corresponding credits are applied to the student’s account, with the remainder as a pending debt.
- Course Registration: Not possible without semester payment.
Final Thoughts
Navigating the FUTA school fees for the 2023/2024 academic session requires careful attention to detail. This comprehensive breakdown serves as a guide to help you understand each component of the fees, ensuring you are well-informed about the financial commitments involved in your academic pursuit at FUTA. Remember, planning and early preparation can make a significant difference in managing your education expenses effectively.
