Fees Regulating Authority
The Fees Regulating Authority is constituted to determine the reasonableness of fees levied by unaided institutions and to verify whether the fees so levied does not amount to profiteering or charging of capitation fees within the meaning of clause (a) of section 2 of the Maharashtra Educational Institutions (Prohibition of Capitation Fees) Act, 1987.
The Fees Regulating Authority mainly has the following powers,
(i) Scrutiny and Verification of ‘fee proposals’ and final approval thereof.
(ii) To evolve mechanism for verification of infrastructure facilities, amenities and verification thereof in unaided institutions.
(iii) Redressal of grievances of all the Stake-holders.