Bowen University School Fees Increment Notice to Parents/Guardians

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Bowen University school fees increment notice to parents/
guardians. The university is seriously constrained and left
with no choice than to consider a review of the fees
chargeable for degree programmes effective from
2016/2017 academic session.

Dear Parents/Guardians

University Finance and Student Fees

Bowen University, since inception in 2001, has operated as
a missionary project with the goal of offering quality
university education at affordable fees to all Nigerians who
seek admission to the University. The University has been
financed largely by school fees and contributions from the
proprietor, the Nigerian Baptist Convention, Baptist churches
and individuals of goodwill. The cost is further brought
down by adherence to prudency and elimination of waste
and unnecessary cost. The University does not receive any
financial support from the State and Federal governments
and from the Tertiary Education Trust Fund (TETFUND),
which has been providing supplementary source of income
to public universities since 1992. In comparison to the fees
charged by its competitors, specifically other private
universities in Nigeria, the fees charged by Bowen University
still remain comparatively low, even while unwaveringly
guided by the determination to maintain high standards in its
delivery of quality education. For example, as at April 2016,
there were 66 full time professors on the academic staff of
the University out of the 316 members of academic staff.
Indeed, the figure of 66 full time professors is the highest in
any private University in Nigeria; and, very significantly, it
surpasses what some state Universities could offer. Very
importantly, these professors, whom the University is
remarkably proud of, are among the best in the country.
These professors have enabled Bowen University to
continue to promote excellence and maintain international
standards in the ever- competitive world of tertiary
education.

More importantly, the last time fees were reviewed generally
by Bowen University was at the end of the 2012/2013
session; the review became effective in the 2013/2014
session. Despite the rising cost of living over the past three
years, the University has maintained the same level of fees,
mindful of its missionary agenda. However, the University
Management has been grappling with a lot of challenges
particularly with respect to its determination to continually
render excellent and first class services to our students,
without necessarily transferring the cost to parents /
guardians in terms of increment in school fees
These challenges include, but not limited, to the following:
Rising inflation rate and consequently high cost of living
in the country
Poor power supply that necessitates continuous reliance
on generators with its attendant cost implication on
fuelling, servicing and maintenance. For example, diesel
which sold for N125.00 a litre in June 2015, rose to
$4170.00 in June 2016, and in the first week of July
2016, has risen to $4200.00! (The University runs its
generators for an average of thirteen and a half hours
daily as a result of erratic power supply)
Provision and maintenance of infrastructures
Sustenance of conducive learning environment
Employment of qualified staff, especially academics and
Consultants for the Teaching Hospital.

As it is applicable to other reputable institutions in Nigeria,
we rely mostly on foreign exchange to source for
equipment, books, reagents and subscription to journals to
keep our library collections up-to-date. The cost of these
purchases has gone up astronomically since December
2015. Yet, we continue to purchase new equipment and
deploy modem technologies.

In the light of the above, the University, having exhausted all
other available options, is seriously constrained and left
with no choice than to consider a review of the fees
chargeable for degree programmes effective from
2016/2017 academic session, so that we can sustain and
maintain the required standards the University is known for.
We count on your understanding on this matter, and we will
continue to communicate with you on this important issue
before any final decision.

Thank you.

Professor Matthews A. Ojo Vice-Chancellor
E-mail:
08052304158

The post Bowen University School Fees Increment Notice to Parents/Guardians appeared first on GL Trends.

Source: GLTRENDS



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