MBBS Fee In Private Medical Colleges may get slashed by 50%. According to sources, the Union Health Ministry has asked the Board of Governors (BOG) to present a draft for guidelines to regulate fee structure in private colleges. Further, the BoG plans to reduce the fee so that it costs between Rs. 6 to 10 Lakh. Wherein, as per records, MBBS Fee is around Rs. 25 Lakh per annum. Further, the plan is to reduce the fee of both graduate and postgraduate courses.
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The cost of study for an MBBS student is Rs. 6 Lakh per annum at AFMC, and Rs. 10 Lakh a year at AIIMS Delhi. However, in government medical colleges, the fees are less than Rs. 5 Lakh a year.
It would thus be a great relief for the aspirants of the MBBS Course as everyone would be able to afford the fees. The commission, however, got this power because of the NMC Act. As per Clause 1 of section 10, the commission has the power to frame guidelines for the determination of fees and other charges. Note that the fees would be slashed of institutes that falls under the NMC Act of 2019.
Moreover, 50% of the seats apart from the government colleges will be regulated by NMC. In addition, the authorities have also asked the Private Medical Colleges to charge fee for only the first year at the time of admission. Therefore, now you would not have to submit the whole amount at the time of admission.
Therefore, now the MBBS would be nominal. And now more no. of students would be able to afford the fee of Private Medical Colleges.