FUTA School Fees Schedule 2023/2024: Complete Breakdown for All Levels

FUTA School Fees Schedule 2023/2024: Complete Breakdown for All Levels

Are you wondering about the latest FUTA school fees for the 2023/2024 academic session? Have you considered how these fees will impact your budget? Fear not! The Federal University of Technology, Akure, has recently updated its fee structure, offering clarity and options for payment. Let's delve into the details of what this means for you as a student, from tuition to additional charges.

Are you considering enrolling at the Federal University of Technology, Akure (FUTA) or currently a student? Understanding the fee structure for the 2023/2024 academic session is crucial for effective budgeting and financial planning. This guide will provide you with a detailed breakdown of FUTA’s school fees, helping you navigate the financial aspects of your academic journey with ease.

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Detailed Breakdown of FUTA School Fees
Tuition Fees100L/200L Fresh Students, 200L, 300L, 400L, 500L: Tuition is Free.
Other ChargesOnline Registration (Both Semesters): ₦2,000 (all levels)
Laboratory/Workshop Charges:₦10,000 (100L/200L)
₦4,500 (other levels)
Examination Charges:₦5,000 (100L/200L)
₦3,000 (other levels, except 500L)
₦4,000 (500L)
Certificate Verification (100L/200L Fresh Students): ₦10,000
Caution Fee (Refundable for 100L/200L Fresh Students): ₦5,000
Identity Card (2 Sessions):₦5,000 (100L/200L Fresh and 300L Students)
Students Handbook (Revised Edition) (100L/200L Fresh Students): ₦5,000
Sports Services: ₦3,000 (all levels)
Medical Examination (100L/200L Fresh Students): ₦10,000
Endowment Fund (100L/200L Fresh Students): ₦10,000
Medical (TSHIP and others): ₦10,000 (all levels)
Matriculation Charges (100L/200L Fresh Students): ₦7,500
Library Charges:₦2,500 (100L/200L)
₦1,500 (other levels)
University Calendar (100L/200L Fresh Students): ₦7,000
Industrial Training (400L Students Only): ₦10,000
ICT Development: ₦5,000 (all levels)
School Due: ₦5,000 (all levels)
Departmental Due: ₦5,000 (all levels)
Municipal Charges:₦23,000 (100L/200L Fresh and 200L)
₦20,000 (300L and 500L)
₦10,000 (400L)
Students Welfare Insurance Scheme: ₦2,000 (all levels)
Students Union Fee: ₦2,500 (all levels)
Entrepreneurship:₦10,000 (100L/200L Fresh Students)
₦5,000 (300L)
Development Levy:₦20,000 (100L/200L Fresh Students)
₦5,000 (other levels)
FYB: ₦5,000 (500L students)
Field Trip / Professional Accreditation / MBBS fees / MLS / Public Health: Varies by department
Total Annual Fees100L/200L Fresh Students: ₦159,500
200L: ₦73,000
300L: ₦78,500
400L: ₦68,000
500L: ₦73,000
Payment OptionsTwo Equal Instalment Payments: Allowed for current 200 to 500 level students.
Full Payment at Session Start: Mandatory for 100L and 200L DE students.
First Instalment Payment: Grants access to first semester registration only. Full payment is required for second semester registration.
Access to Accommodation and Course Registration: Only after payment.
Accommodation Fee: Requires full payment, not instalmental.
Partial Payments: When half of the fees are paid, corresponding credits are applied to the student’s account, with the remainder as a pending debt.
Course Registration: Not possible without semester payment.
Final Thoughts

Navigating the FUTA school fees for the 2023/2024 academic session requires careful attention to detail. This comprehensive breakdown serves as a guide to help you understand each component of the fees, ensuring you are well-informed about the financial commitments involved in your academic pursuit at FUTA. Remember, planning and early preparation can make a significant difference in managing your education expenses effectively.

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