Mzuzu University Council and students have hammered a gentleman’s deal to hike fees by K30, 000 instead of the K50, 000 proposed by the council.
Students Union representative Wazamazama Katatu was over the moon when contacted for comment saying, “we have reached a win-win situation.”
This means the undergraduate students will now be paying K280000 a year up from K250000.
The university council had initially proposed a K300000 per year fee citing high inflation which has pushed the cost of running the institution higher than budgeted.
Officials from the university said the institution will have to get clearance from the government before the new fees are implemented.
Vice chancellor of the university said his institution would operate at a K200 million deficit because the government has reduced the institution’s budget.Follow and Subscribe Nyasa TV :