The fee structure of private medical colleges under NEET 2017 is going to create lot of problems for the parents of the MBBS aspirants for the academic year 2017.
The private medical college is going to fix from a minimum of 15 lakhs per annum to 30 lakhs per annum.
Thus the fees structure for the total duration of the course is going to be in the tune of Rs 70 lakhs to Rs 1 crore 40 lakhs.
This price is for the category of Management quota, NRI quota, foreign quota and Institutional quota.
Fee structure of private medical colleges under NEET to be decided by Fee Regulating Authority
Every state government of India is having Fee Regulating Authority; which decides about the uniformity of fees based on the expenses incurred by the medical colleges.
There is a possibility that if the government decides; and gives permission to medical colleges to charge high fees to NRI quota students; then the Fee Regulating Authority can reduce the fees in other categories.
This Fee Regulating authority decides about the fees only for the 50% of the seats.
Let’s not forget that the private medical college within their rights; has the power to fix fees on NRI quota seats and the Institutional preference.
Thus the MBBS aspirants, who get good ranks in NEET, may enjoy the fees set by Fee Regulating Authority.
However, MBBS aspirants’ with not so competitive NEET score or rank; may have to shell more tuition fees from the pockets of their guardians and parents.
The merit quota alloting of seats is done by the government. However, the deemed medical colleges and private medical colleges will declare their own fees structure.
However, the deemed medical colleges and private medical colleges will declare their own fees structure.
Hence in the coming counseling sessions of rounds; the NEET qualified MBBS students will face the Fee structure of private medical colleges under NEET.