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Colleges, universities defer fee payments as covid hurts incomes
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While IIM Rohtak has reduced its registration fee by ₹50,000, MICA has split the annual fee into four instalments NEW DELHI : Monthly instalments, quarterly fees and deferment of payments are among a host of options that colleges, universities and business schools are offering students, recognizing that many of their families may have suffered severe loss of income because of the lockdown imposed to contain the spread of the covid-19 outbreak.
The education schedule has been disrupted and the resumption of the normal academic calendar will take several weeks, according to the institutions.
As such, they have to weigh alternatives to keep the cash flowing without burdening their students whose family income may have been impacted by the
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