The Fee Regulatory Authority (FRA) has approved the increase in fees for the undergraduate (UG) courses offered by various private medical colleges across the state for the 2022-23 academic year. According to the notification issued by the FRA, the fees for the UG medical courses in private colleges were approved following a meeting on 8 October.
When compared with last year, the fee structure for private medical colleges remains the same apart from other changes.
The fee structure of K J Somaiya Medical College, Sion, has been hiked to Rs 11.27 lakh per year from Rs 10 lakh per year. There is a significant increase in the fee structure of Padmashree Dr Vitthalrao Vike Patil Medical College in Ahmednagar to Rs 11 lakh per year from Rs 9.8 lakh per annum. The fee structure of Nagpur’s NKP Salve Institute of Medical Science and Research Centre has also increased to Rs 11.6 lakh from Rs 10.6 lakh per year.
Prakash Institute of Medical Science and Research has reduced its fee to Rs 4.8 per year from Rs 8.4 lakh per year. While Kashibai Navale Medical College in Pune and MVPS Vasantrao Pawar Medical College in Nashik have made very minimal changes in their fee structure, BKL Walawalkar Medical College from Chiplun and Terna Medical College in Navi Mumbai has kept the fee structure unchanged.
After the implementation of the security deposit clause for admissions in Post-Graduate medical courses, parents now anticipate that the same will be followed in the case of UG admissions as well, which makes the declaration of approved fee structures of private medical colleges important for them.