Lagos State University, LASU, has said following the reduction of tuition fees, it will refund over N69 million excess fees paid by the students for the 2013/2014 academic session.
This came after the state government’s decision to refund the excess to all students who had paid for the 2013/ 2014 academic session.
During consideration, the Management of the university noted the directive of the Governing Council that all payments in excess of the new approved school fees regime should be refunded to students.
In compliance with this directive, the Bursary Department has been ordered to commence the compilation of the list of affected students, the amount involved and to proffer an appropriate mode of refund.
After an extensive deliberation on the refund, the university said refunds would be made to students by cheques and the comprehensive list of the beneficiaries, the amount to be refunded to each student would be uploaded on the university website, while roster for the distribution of the cheques to beneficiaries would be made available in due course.
The Vice Chancellor, Professor John Oladapo Obafunwa, commended the state government’s efforts at repositioning LASU for excellence, adding that the students, as well as the university community would reciprocate the noble gesture by contributing their quota to the upliftment of the Institution.