Caution money for health science capped at ₹50k
The Free Press Journal|August 31, 2024
The state Fee Regulating Authority has fixed an upper limit to refundable deposit or caution money charged by colleges for all health science courses, and also prohibited them from seeking this amount at the time of admission.

The maximum chargeable amount for MBBS and MD/MS has been fixed at Rs50,000 while it is lower for other courses; Rs10,000 for BSc Nursing programme is the lowest. The authority, in a meeting on Thursday, also asked colleges to store the amount in a separate account and the interest generated from this money to be deposited in the institute's account, not the account of the trust running the institute.

While most of the institutes charge around Rs2-3 lakh, at some of the institutes it has crossed Rs5 lakh.

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