UGC provides grants to Self Financing Colleges

Updated on: Thursday, August 13, 2015

UGC Under the College Development Scheme during 2013-14, the University Grants Commission (UGC) had granted permission to 4,071 colleges. Self-financing, purely private-funded colleges are not provided UGC development funds.

However, the UGC grants funds to self-financing colleges under the student and teacher benefit schemes. As per the UGC (Mandatory Assessment and Accreditation of Higher Educational Institutions) Regulations 2012, declared on January 19, 2013, it is compulsory for every college to get verified by an accreditation agency after passing of two batches of students or six years, whichever is earlier, according to the norms and methods specified by such agency or the commission.

According to these rules, every college, which has completed six years or two batches having passed out, whichever is earlier, has to apply for the accreditation within six months from the date of coming into force of these regulations, to the accreditation agency, for accreditation.

The All India Council for Technical Education (AICTE) has also instructed similar regulations on January 29, 2014. The UGC under its various process releases funds to colleges to improve access and quality of higher education provided by them.

The University Grants Commission (UGC) of India is a body launched by the Indian Union government in 1956, and is charged with determination ,maintenance ,coordination of standards of higher education in colleges.

UGC provides grants to Self Financing Colleges

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