(1) For fixing or increasing fee structure by an unaided educational institution, the following factors shall be kept in view, namely: -
(a) the infrastructure and facilities available or to be made available in the Unaided Educational Institution;
(b) the investment made and salaries paid to the teachers and staff; and
(c) future plans for expansion and betterment of institution, subject however, to the restrictions of non-profiteering and non-charging of capitation fee.
(2) The fee fixed under sub-section (1), shall be displayed by every Unaided Educational Institution at the conspicuous place in the School premises.
Factors to be taken into consideration for fixing or increasing fee.
(3) The Unaided Educational Institution shall also ensure that the fee or funds charged by it from the parents or guardians, are not diverted from such institution to the society or the trust, as the case may be, which runs such institution or to any other institution, except as permissible under sub-section (4) of section
10.
7. Subject to the provisions of this Act, the Regulatory Body shall exercise the powers and discharge the functions as mentioned below: -
(a) to hear complaints from the students or their parents or guardians with regard to the charging of excessive fee or for doing or asking to do any other activity with a motive to gain financial benefit or profit in contravention of the provisions of this Act by any Unaided Educational Institution;
(b) to ensure that the Unaided Educational Institutions are not indulging in commercialization of education;
(c) to check that the fee structure is being kept within the limits as provided under this Act so as to avoid profiteering;
(d) to strike a balance between autonomy of an Unaided Educational Institution, and measures to be taken in avoiding commercialization of education;
(e) to check excessive hike in fee by an Unaided Educational Institution with the motive to earn profit;
(f) to ensure that increase in the fee undertaken by an Un-aided Educational Institution is justified and necessitated by the circumstances like increase in Powers and functions of the Regulatory Body.
expenditure or because of needed developmental activities, and does not result into profiteering; and
(g) to check that funds charged from the students are not diverted to any other purpose, except as permissible under sub-section (4) of section 10.
8. Notwithstanding anything contained in this Act, the Regulatory Body may, if on information is satisfied that an Unaided Educational Institution has contravened or is contravening any of the provisions of this Act, it may call for the relevant record of such Unaided Educational Institution in order to verify the information.