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KolaDaisi varsity subsidises fees for indigent students

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KolaDaisi varsity subsidises fees for indigent students
« on: July 10, 2018, 09:21:26 AM »
KolaDaisi University , Ibadan , has unveiled a special subsidy package spreading across all its undergraduate degree programmes .

The development , according to the university ’s Vice-Chancellor , Prof. Kolade Ayorinde , is a management decision, influenced by the founder of the institution, Chief Kola Daisi , to make education available to Nigerian youths and to ensure affordability without compromising standards.

Ayorinde stated that the founder , in furtherance of his educational endowment programmes, had agreed to subsidise all fees and levies payable by each undergraduate of the university to the tune of a minimum of N50, 000, stressing that the subsidy would be solely funded by the founder of the institution.

The VC added, “ The subsidy scheme is scheduled to take effect from the 2018 /2019 academic session . It will not only be enjoyed by our fresh students, it will also accommodate the returning students. ”

He further disclosed that the university management would equally offer a 2.5 per cent discount to the first 100 students to complete their registration, while students who paid their fees once would enjoy an extra five per cent discount .

Reacting to the development , the Pro- Chancellor and Chairman , Governing Council of the University , Prof. Adeniyi Osuntogun , applauded Daisi , noting that the gesture was expedient , considering the current economic reality in the country, along with attendant consequences on educational attainment and quality manpower.

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