MP Govt Fixes ₹5 Lakh Annual Fee For Private Universities, Sets May 1 Deadline; Delays May Attract ₹5,000 Monthly Penalty
Bhopal (Madhya Pradesh): The state government has amended the rules governing private universities, allowing the refund of endowment funds to their sponsoring bodies and fixing an annual fee of Rs 5 lakh for each university. The amendments were notified on Tuesday under the Madhya Pradesh Niji Vishwavidyalaya (Sthapana Avam Sanchalan) Rules. Under the revised rules, every private university will…
The Madhya Pradesh government has implemented new rules for private universities, imposing an annual fee of Rs 5 lakh per institution and requiring payment by May 1. Failure to adhere to the deadline could result in a penalty of up to Rs 5,000 per month. Additionally, the government has announced that sponsoring bodies of private universities can receive a refund of endowment funds deposited before the 2026 amendment, which must be used for academic development or returned as a fixed deposit.
The revised rules also provide clarity on the use of annual fee funds and the interest earned on sponsored deposits.
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