Are you a newly admitted or returning student of the Federal University of Technology, Akure (FUTA) searching for the latest information on school and acceptance fees? This comprehensive guide provides a complete overview of the tuition structure, hostel costs, and payment steps for the 2024/2025 academic session. Whether you’re a fresh student preparing for clearance or a returning student budgeting for the new semester, this blog post has everything you need.
Overview of FUTA Acceptance Fee
Acceptance fees are mandatory charges for newly admitted students, signifying their intention to take up the admission offer. At FUTA, the acceptance fee for the 2024/2025 academic session is N40,000. This non-refundable fee is payable by both UTME and Direct Entry candidates.
Why is the Acceptance Fee Important?
Paying the acceptance fee confirms your spot at FUTA and allows you to proceed with other clearance activities, including registration, departmental screening, and hostel applications. Failure to pay the fee within the stipulated timeframe can result in automatic forfeiture of admission.
FUTA School Fees for 2024/2025 Session
FUTA school fees are structured into two main categories:
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Tuition Fees
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Other Mandatory Charges
The total payable fee depends on whether you are a fresh student or a returning student.
1. Fresh Students (100 Level/Direct Entry)
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Tuition Fee: N100,000
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Other Charges: N150,000
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Total: N250,000
2. Returning Students (200 Level and Above)
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Tuition Fee: N100,000
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Other Charges: N85,000
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Total: N185,000
These charges are uniform across all departments and faculties.
Detailed Breakdown of Other Charges
Below is a typical breakdown of the "other charges" that are included in the total fees:
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Matriculation/Orientation: N10,000
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Identity Card Production: N5,000
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ICT Maintenance: N10,000
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Development Levy: N10,000
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Library Development: N10,000
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Laboratory Charges: N10,000
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Medical Services: N15,000 (Fresh), N10,000 (Returning)
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Examination Fees: N15,000
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Municipal Charges: N15,000
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Centre Dues: N10,000
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Caution Fee (Fresh Students only): N20,000
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Handbook and Academic Calendar: N15,000
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Sports/NUGA Contributions: N4,500
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Insurance: N400
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Student Union Dues: N500
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Entrepreneurship Levy (100 & 300 Level): N4,500
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Industrial Training Levy (400 Level): N1,200
Note: These fees are subject to change and vary slightly based on your faculty and level.
Hostel Accommodation Fees at FUTA
FUTA offers various halls of residence for both male and female students, with prices varying based on room type and hall. Accommodation fees are paid separately from tuition and acceptance fees.
Male Hostels:
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Akindeko Hostel (4-bed): N28,000
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Adeniyi Hostel (2-bed): N43,000
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Abiola Hostel (Single): N35,000
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Bisi Balogun Hostel (Single): N93,000
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Adeboyo Hostel (Single): N63,000
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Futascoop Hostel (Single): N170,000
Female Hostels:
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Jibowo Hostel (Single): N35,000
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Jadesola Hostel (Single): N43,000
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Awosika Hostel (Single): N63,000
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Futascoop Hostel (2-bed): N120,000
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Oba Adesida Hostel (4-bed): N170,000
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Oba Adesida II Hostel (2-bed): N300,000
Tip: Rooms are allotted on a first-paid, first-served basis. Early payment improves your chances of securing preferred hostels.
How to Pay FUTA School Fees
All school fees and related payments are made through the FUTA student portal. Below is a step-by-step process:
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Log in using your UTME/DE registration number.
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Navigate to the “School Fees” section.
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Generate a Remita Retrieval Reference (RRR).
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Make payment either online via ATM card or at a designated bank.
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Print your payment receipt and submit it during clearance.
Payment Deadlines and Penalties
FUTA typically announces fee payment deadlines at the start of each semester. Failure to pay on time can result in the following:
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Inability to register courses
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Loss of access to library and ICT services
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Disqualification from exams
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Late payment penalties
Always stay updated via the student portal or school notice boards.
Scholarships and Financial Aid
To support students financially, FUTA offers:
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Merit-based Scholarships
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Departmental Bursaries
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External Scholarships (from NGOs and corporate bodies)
Returning students with outstanding academic records are encouraged to apply for available aid early in the semester.
Budgeting Tips for FUTA Students
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Plan Ahead: Start saving and preparing early in the year.
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Track Spending: Use budgeting apps to track daily expenses.
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Room Sharing: Opt for affordable hostel options with shared rooms.
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Avoid Unnecessary Expenses: Focus on academic essentials.
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Utilize School Resources: Use campus libraries, Wi-Fi, and free academic tools.
Frequently Asked Questions
Q: Is the acceptance fee refundable?
A: No. The N40,000 acceptance fee is non-refundable.
Q: Can fresh students pay fees in installments?
A: No. Only returning students are eligible for installment plans.
Q: Are the school fees the same for all departments?
A: Yes. Tuition is uniform across all departments, though levies may differ slightly.
Q: What happens if I don’t pay on time?
A: Late payments may result in penalties and inability to register for courses or take exams.
Conclusion
The Federal University of Technology, Akure (FUTA) has structured its fees to reflect its high academic standards while remaining affordable. For the 2024/2025 academic session, fresh students are expected to pay N40,000 as acceptance fee and a total of N250,000 including tuition and levies. Returning students are to pay N185,000 in total. Accommodation fees are optional and vary based on student preferences.
Stay proactive by paying early, seeking financial aid, and budgeting wisely. Always confirm current fees directly from the FUTA portal before making any payments.