LASU Introduces 50% Rebate For Students With 4.50 CGPA
Lagos State University (LASU) has introduced a policy that guarantees 50percent refund of school fees to the university scholars, that is, students who consistently maintain a Cumulative Grade Point Average (CGPA) of 4.50 every academic session.
The Vice Chancellor of the university, Professor Ibiyemi Ibilola Olatunji-Bello, disclosed this on Monday at the 2020/2021 matriculation ceremony of 6,648 students newly admitted to study various Degree programmes at the university.
It is the first matriculation ceremony that Professor Olatunji-Bello will conduct as the 9th substantive vice chancellor of LASU.
According to her, the policy seeks to help the welfare of the students as well as to promote healthy competition among them. “It is a policy introduced to help the welfare of the students and to promote healthy competition among them.
“The university would take the bill, which is a refund of 50percent of their school fees and
This is not new. In her words ” when I was the Acting Vice Chancellor of the University, we had the policy of 4.0 CGPA as scholars, which refunded their full school fees of N25,000 at that time but now, with the current N57,000 school fees, the policy would refund 50percent of the school fees to those who obtain 4.50 CGPA and above at the end of the academic session,” she explained.
Commenting on students’ employment policy, the newly appointed VC disclosed plan to establish micro factories within the universities where students can work to get monthly stipends. This, according to her is to aid students’ welfare.
