FUTA School Fees Schedule for 2023/2024 Session

FUTA School Fees Schedule for 2023/2024 Session

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

  1. Two Equal Instalment Payments: Allowed for current 200 to 500 level students.
  2. Full Payment at Session Start: Mandatory for 100L and 200L DE students.
  3. First Instalment Payment: Grants access to first semester registration only. Full payment is required for second semester registration.
  4. Access to Accommodation and Course Registration: Only after payment.
  5. Accommodation Fee: Requires full payment, not instalmental.
  6. 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.
  7. 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.


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