Fee Fixation Order
Issued To
Issued To
" Shrimanta Shankar Academy Senior Secondary School "
By application number
29-11-2023-FRC-F-204157,
the aforesaid school,applied for determining the fees for following academic year
under The Assam Non-Government Educational
Institutions (Regulation of Fees) Rules, 2020 :
(1 ) 2024-2025
Read: -
(1) Proposal of the Management of the non-government educational institution (by Shrimanta Shankar Academy Senior Secondary School ) with the documents, evidences, undertaking and affidavit dated 29th November, 2023.
Order dated: 6th January, 2024
1. Whereas the Management of the non-governmental ( Shrimanta Shankar Academy Senior Secondary School ) has submitted the proposal for the fixation of fee structure with an undertaking and affidavit of the authorized person of the institute on 29th November, 2023 under rule 8 of under The Assam Non-Government Educational Institutions (Regulation of Fees) Rules, 2020.
2. Whereas the proposal for fixation of fees has been examined and considered on the basis of the aforesaid factors as well as proofs and documents submitted by the management of the institute with reference to the relevant factors and provisions of the Assam Non-Government Educational Institutions (Regulation of Fees) Act, 2018, and the said Rules.
3.Whereas the personal hearing was also given to the management of the self-financed institute, wherever found necessary.
(1 ) 2024-2025
Read: -
(1) Proposal of the Management of the non-government educational institution (by Shrimanta Shankar Academy Senior Secondary School ) with the documents, evidences, undertaking and affidavit dated 29th November, 2023.
Order dated: 6th January, 2024
1. Whereas the Management of the non-governmental ( Shrimanta Shankar Academy Senior Secondary School ) has submitted the proposal for the fixation of fee structure with an undertaking and affidavit of the authorized person of the institute on 29th November, 2023 under rule 8 of under The Assam Non-Government Educational Institutions (Regulation of Fees) Rules, 2020.
2. Whereas the proposal for fixation of fees has been examined and considered on the basis of the aforesaid factors as well as proofs and documents submitted by the management of the institute with reference to the relevant factors and provisions of the Assam Non-Government Educational Institutions (Regulation of Fees) Act, 2018, and the said Rules.
3.Whereas the personal hearing was also given to the management of the self-financed institute, wherever found necessary.
4. Now, therefore, in exercise of the powers conferred by section 11 of the said Act read with Rule
8 and 9 of the said Rules and subject to the conditions specified in this order, the Fee Regulation
Committee hereby determines the total fee – for the whole academic year by whatever name the
fees may be called – that shall be levied by the school per student of different standards as
specified in columns 4,5 and 6 of the table below for the academic
year
2024-2025,
:
| SL | Standard | Academic Year/s | Projected students | Approved annual fee per student | Projected Total income |
|---|---|---|---|---|---|
| 1 | Standard I |
2024-2025, |
200 |
Annual fee
:55,650 One time fee from new student :26,000 Refundable Fee : 0 Total fee :81,650 |
1,63,30,000 |
| 2 | Standard II |
2024-2025, |
200 |
Annual fee
:55,650 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :81,650 |
1,11,30,000 |
| 3 | Standard III |
2024-2025, |
200 |
Annual fee
:55,650 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :81,650 |
1,11,30,000 |
| 4 | Standard IV |
2024-2025, |
200 |
Annual fee
:55,650 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :81,650 |
1,11,30,000 |
| 5 | Standard V |
2024-2025, |
200 |
Annual fee
:53,130 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :79,130 |
1,06,26,000 |
| 6 | Standard VI |
2024-2025, |
200 |
Annual fee
:53,130 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :79,130 |
1,06,26,000 |
| 7 | Standard VII |
2024-2025, |
200 |
Annual fee
:53,130 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :79,130 |
1,06,26,000 |
| 8 | Standard VIII |
2024-2025, |
200 |
Annual fee
:53,130 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :79,130 |
1,06,26,000 |
| 9 | Standard IX |
2024-2025, |
200 |
Annual fee
:53,130 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :79,130 |
1,06,26,000 |
| 10 | Standard X |
2024-2025, |
194 |
Annual fee
:53,130 One time fee from new student only :26,000 Refundable Fee : 0 Total fee :79,130 |
1,03,07,220 |
| 11 | Standard XI (Science Stream) |
2024-2025, |
120 |
Annual fee
:55,650 One time fee from new student only :30,000 Refundable Fee : 0 Total fee :85,650 |
66,78,000 |
| 12 | Standard XII (Science Stream) |
2024-2025, |
120 |
Annual fee
:55,650 One time fee from new student only :30,000 Refundable Fee : 0 Total fee :85,650 |
66,78,000 |
| 13 | Standard XI (Arts Stream) |
2024-2025, |
80 |
Annual fee
:55,650 One time fee from new student only :30,000 Refundable Fee : 0 Total fee :85,650 |
44,52,000 |
| 14 | Standard XII (Arts Stream) |
2024-2025, |
80 |
Annual fee
:55,650 One time fee from new student only :30,000 Refundable Fee : 0 Total fee :85,650 |
44,52,000 |
| 15 | Standard XI (Commerce Stream) |
2024-2025, |
80 |
Annual fee
:55,650 One time fee from new student only :30,000 Refundable Fee : 0 Total fee :85,650 |
44,52,000 |
| 16 | Standard XII (Commerce Stream) |
2024-2025, |
80 |
Annual fee
:55,650 One time fee from new student only :30,000 Refundable Fee : 0 Total fee :85,650 |
44,52,000 |
Projected Income : ₹ 14,43,21,220
Additional Note to the Fee Structure :
1. As per the audited financial statements, there was more than sufficient cash surplus in 2022-23 even after capital addition in that year.
2. The school could not utilise 34.87% of the school fees collected during the year 2022-23.
3. The budgeted statement for FY 2024-25 also projects a huge and unreasonable cash surplus of 34.61% of the projected total fees.
4. Further, the school has enough funds invested as fixed deposits.
Hence, the FRC has decided to fix the fee structure for the year 2024-25 at par with 2023-24, which will result in reducing the proposed total collection by Rs. 1.46 Cr. only. Even after this, the school shall have enough surpluses as per the proposed budget, without affecting the existing funds invested as fixed deposits.
Conditions: -
1. The total fee determined shall be levied for 2024-2025, academic year.
2. The Institute shall not collect fee amounting to more than one quarter of a year from any student at a time. However, if the Institute desires to collect the fee at a time for the whole year or for more than a quarter, then a rebate of 5% on the total fee will have to be given. Otherwise, it shall be considered as collection of capitation fee and such school shall be liable to prosecution in accordance with the provisions of the said Act.
3. The fee determined shall be displayed by the Institute on its notice board and official website in English and a local language.
4. Any excess fee collected by the Institute shall be refunded to the students/parents within a period of thirty days from the date of this order.
5. In case, the fee determined by the Committee is higher than the actual fee collected by the Institute, then the difference of fee shall be payable by the students/parents within reasonable time.
Dilip Kumar Handique
Administrative Officer,
Fee regulatory Committee, Assam
Administrative Officer,
Fee regulatory Committee, Assam