The Indian education system is one of the globally recognized education systems, governed by boards like CBSE/ICSE/State Boards in Secondary and Higher Secondary schooling days. Later, higher education is governed and strictly regulated by various councils like AICTE, MCI, DCI, INC, PCI, etc. These governing bodies of our country thereby specify highly structured, predictable, and controlled education infrastructure which generates high quality, competent, educated human beings, demanded worldwide.
In India, we have two types of institutions, one owned and subsidized by the government (aided) and the other owned by private trusts (un-aided). Each year, India produces lakhs of students who complete their 12th and steps ahead for higher education. Government aided institutes like IISc., IIT’s, IIM’s, etc. are the best of the institutes in India, as well as worldwide, providing education at subsidized fees. Getting entry into such institutions is strictly filtered through Common Entrance Exams.
Similar entrance exams are being conducted by private universities/colleges to filter the best among the rest. Entrance Exams in private colleges, however, give entry to approximately 50% – 60% of the seating capacity. These students have to pay nominal fees throughout their course tenure. The remaining 40% seats are being distributed to students who are not required to appear Common Entrance Test but have the basic eligibility criteria for their course of study ( [> 50% in PCM] for Engineering, [> 50% in PCB] for Medical, Dental, Nursing) set by governing councils like AICTE, MCI, DCI, and INC respectively. These students are offered direct admission into a course, through various reserved quotas (not SC/ST/O.B.C reservations), with an additional higher premium in their fees.
All reputed institutions need to maintain a strong educational infrastructure by meeting the guidelines specified by the governing councils, and thereby provide world-class education and facilities. Students admitted through Common Entrance Exams pay regular, subsidized(sometimes) or scholarship fees, which are comparatively low; the students admitted through Quota seats bear an additional premium through which the institutional growth and development are supported. These fees are often termed as Admission Fees or Development Fees being paid against a direct admission seat.
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