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Which among the following institutions takes a decision regarding fee collection in the private commercial colleges that this fee is justifiable and not a money made in an enterprise or per capita fee ?
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- State Government
- University Grant Commission
- A committee of retired judges appointed for this purpose which includes a representative from State education department and a representative from college management and an accountant
- Union of the private commercial college after State Government approval
Correct Option: D
The fees are decided by an union or committee of the private commercial college. Once fees are fixed by the Committee, the institute cannot charge either directly or indirectly any other amount over and above the amount fixed as fees. Any increase is termed as capitation fee which is an additional fee collected to cover expenses not included in other fees such as tuition.
