Ekiti State University (EKSU) has introduced a new flexible payment plan for the fees of its freshmen for the 2024/2025 academic session, following extensive consultations with the Students’ Union, parents, and various stakeholders.
In a press release dated November 26, 2024, issued by the university’s Directorate of Information & Corporate Affairs, EKSU’s management has decided to ease the financial burden on new students by allowing them to pay 70% of their tuition fees in the first semester, with the remaining 30% deferred to the second semester.
This decision was reached after a meeting held on Monday, November 25, 2024, where the management took into account the current economic conditions in Nigeria. Despite this flexibility, EKSU encourages those who can afford to pay their fees in full to do so promptly.
The university has also expressed its commitment to continuing dialogues to further support student welfare, particularly by exploring benefits from the Federal Government’s Nigerian Education Loan Fund (NELFUND). Additionally, EKSU is actively seeking to introduce programs that could mitigate the financial implications of the new fee structure, especially for indigent students.
Bode Olofinmuagun, the Deputy Registrar and Head of the Directorate of Information & Corporate Affairs, emphasized EKSU’s dedication to fostering a conducive learning environment through collaborative efforts with all stakeholders.
This new payment structure is expected to provide significant relief to many families, while ensuring that the quality of education at EKSU remains uncompromised. The university continues to prioritize student welfare and academic excellence in all its operations.
See press release below;
EKITI STATE UNIVERSITY,
ADO – EKITI.
Directorate of Information & Corporate Affairs.
26th November, 2024.
PRESS RELEASE
UPDATE ON EKSU FEES REGIME FOR FRESHERS
The Management of Ekiti State University, Ado – Ekiti, after due consultation and negotiation with its Students’ Union met to review the situation surrounding the fee regime payable by freshers for the 2024/2025 academic session.
At its meeting held on Monday, 25th November, 2024, Management also considered the concerns of parents and stakeholders, including the students on the matter.
Additionally, Management took cognizance of the economic realities in the country with a view to further reducing the burden of parents in the payment of the fees.
Accordingly, the EKSU Management decided to allow fresh students to pay a minimum of 70% of the approved fees for the first semester, while the balance of 30% is paid during the second semester of the 2024/2025 academic session. However, parents who can afford and wish to pay the fees in full at once are encouraged to do so without any delay.
It should be noted that the university Management remains committed to students’ welfare, hence, consultations will continue in this regard with particular attention to how EKSU students can benefit from the Federal Government’s NELFUND scheme.
The University is also consulting with relevant stakeholders in the EKSU project on the possibility of rolling out programmes capable of alleviating the likely attendant financial burden of the new fee regime on prospective indigent students.
Management will continue to ensure the promotion of robust relationships with all and sundry in an effort to make teaching and learning environment conducive for its students.
Signed
Bode Olofinmuagun, anipr
Deputy Registrar/Head, Directorate of Information & Corporate Affairs.
