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

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.

Detailed Breakdown of FUTA School Fees

Tuition Fees

• 100L/200L Fresh Students, 200L, 300L, 400L, 500L: Tuition is Free.

Other Charges

• Online 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 Fees

• 100L/200L Fresh Students: ₦159,500
• 200L: ₦73,000
• 300L: ₦78,500
• 400L: ₦68,000
• 500L: ₦73,000

Payment Options

1. Two Equal Instalment Payments: Allowed for current 200 to 500 level students.
2. Full Payment at Session Start: Mandatory for 100L and 200L DE students.
3. First Instalment Payment: Grants access to first semester registration only. Full payment is required for second semester registration.
4. Access to Accommodation and Course Registration: Only after payment.
5. Accommodation Fee: Requires full payment, not instalmental.
6. 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.
7. 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.