Federal Polytechnic, Nekede School Fees For Business Administration

Federal Polytechnic, Nekede, located in Owerri, Imo State, Nigeria, is a prominent institution known for its dedication to providing quality technical and vocational education. Among its diverse academic offerings, the Business Administration program stands out, attracting numerous students aiming to pursue careers in business and management. Understanding the fee structure is crucial for prospective and current students to plan their finances effectively. This article provides a comprehensive overview of the school fees for the Business Administration program at Federal Polytechnic, Nekede.

Overview of the Business Administration Program

Program Description

The Business Administration program at Federal Polytechnic, Nekede is designed to equip students with the knowledge and skills required to excel in various business environments. The curriculum covers a wide range of subjects, including accounting, finance, marketing, human resources, and organizational behaviour. The program aims to produce graduates who can efficiently manage business operations and contribute positively to the growth of organizations.

Admission Requirements

To gain admission into the Business Administration program, candidates must meet the following criteria:

• Possess a minimum of five O’Level credits, including Mathematics and English Language, in not more than two sittings.
• Pass the Unified Tertiary Matriculation Examination (UTME) and the post-UTME screening conducted by the polytechnic.
• For Higher National Diploma (HND) admission, candidates must have a relevant National Diploma (ND) with a minimum of Lower Credit and a one-year industrial training experience.

School Fees Structure for Business Administration

National Diploma (ND) Fees

Fresh Students

For fresh ND students, the school fee structure includes various charges such as tuition, registration, examination, library, and other miscellaneous fees. The breakdown is as follows:

• Tuition Fee: ₦30,000
• Registration Fee: ₦5,000
• Examination Fee: ₦5,000
• Library Fee: ₦3,000
• ICT Fee: ₦5,000
• Health Services: ₦2,500
• Development Levy: ₦7,000
• Miscellaneous Fees: ₦7,500

Total for Fresh ND Students: ₦65,000

Returning Students

For returning ND students, the fees are slightly reduced as some initial charges are not repeated. The breakdown is:

• Tuition Fee: ₦30,000
• Examination Fee: ₦5,000
• Library Fee: ₦3,000
• ICT Fee: ₦5,000
• Health Services: ₦2,500
• Miscellaneous Fees: ₦7,500

Total for Returning ND Students: ₦53,000

Higher National Diploma (HND) Fees

Fresh Students

Fresh HND students also have a comprehensive fee structure that covers various academic and administrative services:

• Tuition Fee: ₦35,000
• Registration Fee: ₦5,000
• Examination Fee: ₦5,000
• Library Fee: ₦3,500
• ICT Fee: ₦5,000
• Health Services: ₦3,000
• Development Levy: ₦8,000
• Miscellaneous Fees: ₦8,000

Total for Fresh HND Students: ₦72,500

Returning Students

Returning HND students enjoy a reduction in fees due to the non-repetition of certain initial charges:

• Tuition Fee: ₦35,000
• Examination Fee: ₦5,000
• Library Fee: ₦3,500
• ICT Fee: ₦5,000
• Health Services: ₦3,000
• Miscellaneous Fees: ₦8,000

Total for Returning HND Students: ₦59,500

Additional Costs

Accommodation

Accommodation is not included in the tuition fees. Students who wish to reside in the school’s hostels will incur additional costs:

• Hostel Accommodation Fee: ₦15,000 – ₦20,000 per session (depending on the type of accommodation)

Other Expenses

Students should also budget for other personal expenses such as textbooks, transportation, and daily sustenance, which can vary based on individual needs and lifestyle.

Payment Procedures

Payment Options

Federal Polytechnic, Nekede provides multiple payment options for students’ convenience. Fees can be paid through:

• Bank deposit: Payment can be made at designated banks.
• Online payment: Through the polytechnic’s official payment portal.

Payment Deadline

Students are advised to pay their fees promptly to avoid late payment penalties. The deadline for fee payment is typically communicated at the start of each academic session.

Frequently Asked Questions (FAQs)

What is the total cost for a fresh ND Business Administration student?

The total cost for a fresh ND Business Administration student is ₦65,000, covering tuition, registration, examination, library, ICT, health services, development levy, and miscellaneous fees.

Are there any scholarships available for Business Administration students?

Yes, Federal Polytechnic, Nekede offers scholarships and financial aid to deserving students based on academic performance and financial need. Interested students should inquire at the bursary department for more details.

Can the school fees be paid in instalments?

The polytechnic typically requires full payment of fees at the start of the academic session. However, in special cases, students may apply for permission to pay in instalments. Such requests are subject to approval by the school’s administration.

What happens if I miss the fee payment deadline?

Students who miss the fee payment deadline may incur late payment penalties and risk being barred from examinations. It is crucial to adhere to the payment deadlines to avoid any academic disruptions.

Federal Polytechnic, Nekede remains committed to providing quality education at an affordable cost. Prospective and current students are encouraged to stay informed about fee structures and payment procedures to ensure a smooth academic journey.