Covenant University Planning To Reduce Tuition Soon – Vice-Chancellor

February 14, 2015 1:08 pm

Vice-Chancellor, ,

The Vice-Chancellor, Covenant University, Ota, Ogun State, Prof. Charles
Ayo, has hinted that the school may likely reduce its tuition fees in a
bid to accommodate more students who will want to benefit from the
quality education it offers.

Addressing a conference on Friday over the school’s recent
Webometrics ranking as the first in and West Africa and the 15th
in Africa, he said even though there is no actual date for the likely
review yet, the initiative would make admission into the school more
affordable and competitive.

According to PUNCH,
Prof. Charles Ayo explained that apart from the fact the Chancellor of
the school, Dr. David Oyedepo, had already thought about it, the school
management also had plans to
increase its internally generated revenue so as to augment its income, which would make the review easy.

He said:“Going by the thinking of the proprietor and chancellor, the commission
is thinking of reducing the fees with a view to allowing more people to
be able to benefit from the quality education that we have here, but
it’s going to be highly competitive. 

This may affect us because we would need to work more on our IGR, but we
are up to the task. The beauty of it all is to be able to leave it open
to all, however, we are mindful of our carrying capacity, which will
only engender stiff competition before anybody would be able to get
admission. 

By the next academic session, the university will be going into
production of certain items and looking at our projection on the
adventure, we are going to be raking in billions, which will supplement
our income and with that, we can be sure that the fees would be reducing
gradually, which also shows that education venture is not necessarily
about profit-making but about service to humanity.”

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