Oluseye Ojo, Ibadan
A private tertiary institution in Oyo State, Koladaisi University, Ibadan, has cut off N7.1 million on the tuition fees of 142 students of the school as a corporate social responsibility of the university to cushion effect of economic hardship on parents and to ensure access and affordability.
Vice Chancellor of the institution, Prof. Kolade Ayorinde, disclosed this, yesterday, at an interactive session with the media; ahead of the second matriculation programme of the school slated for February 27.
Ayorinde, who stated that the first matriculation ceremony of the university was held on March 17, 2018, with 32 students in 11 programmes, said 110 students in 12 programmes would be officially admitted during the second matriculation, adding that the university has students from 19 states of the federation.
He explained that each of the 142 students would enjoy N50,000 reduction in tuition fees and that the lowest would be N411,000 while highest tuition would be N491,000 for a session.
“As part of our effort to address the problem of access and affordability to higher education, the founder of the university, Bashorun of Ibadanland and an industrialist, Chief Kola Daisi, graciously approved the reduction of the fees payable by all categories of students in the current session by at least N50,000,” Ayorinde said.