Fee Fixation Order
Issued To
Issued To
" OIL VALLEY SCHOOL "
By application number
30-11-2022-FRC-F-866342,
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 ) 2023-2024
Read: -
(1) Proposal of the Management of the non-government educational institution (by OIL VALLEY SCHOOL ) with the documents, evidences, undertaking and affidavit dated 30th November, 2022.
Order dated: 1st December, 2022
1. Whereas the Management of the non-governmental ( OIL VALLEY SCHOOL ) has submitted the proposal for the fixation of fee structure with an undertaking and affidavit of the authorized person of the institute on 30th November, 2022 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 ) 2023-2024
Read: -
(1) Proposal of the Management of the non-government educational institution (by OIL VALLEY SCHOOL ) with the documents, evidences, undertaking and affidavit dated 30th November, 2022.
Order dated: 1st December, 2022
1. Whereas the Management of the non-governmental ( OIL VALLEY SCHOOL ) has submitted the proposal for the fixation of fee structure with an undertaking and affidavit of the authorized person of the institute on 30th November, 2022 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
2023-2024,
:
| SL | Standard | Academic Year/s | Projected students | Approved annual fee per student | Projected Total income |
|---|---|---|---|---|---|
| 1 | Nursery or Equivalent |
2023-2024, |
15 |
Annual fee
:27,000 One time fee from new student :0 Refundable Fee : 0 Total fee :27,000 |
4,05,000 |
| 2 | UKG or Equivalent |
2023-2024, |
15 |
Annual fee
:27,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :27,000 |
4,05,000 |
| 3 | Standard I |
2023-2024, |
15 |
Annual fee
:27,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :27,000 |
4,05,000 |
| 4 | Standard II |
2023-2024, |
20 |
Annual fee
:27,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :27,000 |
5,40,000 |
| 5 | Standard III |
2023-2024, |
11 |
Annual fee
:27,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :27,000 |
2,97,000 |
| 6 | Standard IV |
2023-2024, |
20 |
Annual fee
:27,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :27,000 |
5,40,000 |
| 7 | Standard V |
2023-2024, |
15 |
Annual fee
:27,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :27,000 |
4,05,000 |
| 8 | Standard VI |
2023-2024, |
25 |
Annual fee
:32,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :32,000 |
8,00,000 |
| 9 | Standard VII |
2023-2024, |
27 |
Annual fee
:32,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :32,000 |
8,64,000 |
| 10 | Standard VIII |
2023-2024, |
24 |
Annual fee
:32,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :32,000 |
7,68,000 |
| 11 | Standard IX |
2023-2024, |
36 |
Annual fee
:32,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :32,000 |
11,52,000 |
| 12 | Standard X |
2023-2024, |
32 |
Annual fee
:32,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :32,000 |
10,24,000 |
| 13 | Standard XI (Arts Stream) |
2023-2024, |
10 |
Annual fee
:35,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :35,000 |
3,50,000 |
| 14 | Standard XI (Commerce Stream) |
2023-2024, |
10 |
Annual fee
:36,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :36,000 |
3,60,000 |
| 15 | Standard XII (Arts Stream) |
2023-2024, |
8 |
Annual fee
:35,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :35,000 |
2,80,000 |
| 16 | Standard XII (Commerce Stream) |
2023-2024, |
8 |
Annual fee
:36,000 One time fee from new student only :0 Refundable Fee : 0 Total fee :36,000 |
2,88,000 |
Projected Income : ₹ 88,83,000
Conditions: -
1. The total fee determined shall be levied for 2023-2024, 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