This site is intended for healthcare professionals only
LoginRegister

MBBS admissions: At Rs 10 lakh per year, government medical colleges in Haryana now as expensive as private ones

Medical Dialogues BureauWritten by Medical Dialogues Bureau   |  
MBBS admissions: At Rs 10 lakh per year, government medical colleges in Haryana now as expensive as private ones
  • whatsapp
  • Telegram

Gurugram: In a major move, the Haryana Government has issued a new policy for medical aspirants wanting to pursue MBBS course at the government medical colleges in Haryana defining the new MBBS fee structure, liking it to government service after completion of the course.

While the MBBS fee has been fixed to Rs 80,000 with 10 percent rise per year, the salient feature of the policy has been the compulsory bond of Rs 10 lakh per annum which every candidate will have to deposit at the beginning of every year for the 4 and half year course duration. This, either the candidate pays herself/himself or the government will help the candidate take the loan from a government sector bank. If the candidate serves in government service after the MBBS, then the government will pay off the loan, otherwise the candidate will be responsible for paying the loan.

This effectively implies for those who do government service after MBBS the fees will start at Rs 80,000. However, for those who do not wish to do government service, the effective fees will be Rs 10 lakh per annum

Confirmation to this effect was recent released in the "The Policy regarding Incentivizing Doctors to opt for Government Service after completing MBBS Degree Course and revising the fee structure in Government Medical Colleges for MBBS/PG Course 2020-21."
This Policy shall be applicable for admission to MBBS degree course-with effect from academic session 2020-21, in various Government Medical Colleges in the State of Haryana and is not applicable to NRI candidates.
The policy states that Each candidate selected for MBBS degree course, at the time of admission shall have to execute an annual bond for an amount of Rs.10,00,000/- (Rs. Ten Lakh only) minus annual fee paid by the candidate. This bond shall be paid at the start of every academic year. The candidate shall continue to pay the bond till term of the MBBS degree i.e. 4 1/2 years.
At the time of admission to MBBS degree course, each candidate may exercise either Option (A) or Option (B) as mentioned below:-
Option (A) The candidate can opt for Option (A) wherein, the State Government of Haryana will facilitate him/her for availing an education loan from a scheduled bank or any other Financial Institution as specified by State Government.
OR
Option (B) The candidate can pay the entire bond amount plus annual fees himself/herself without recourse to the loan on lumpsum/ annual basis.
In case the candidate obtains employment with the State Government after graduation (including internship) then the State Government shall repay the annual installments of the loan (both principal and interest) till the time he/she is serving in the Public Health Institutions of Government of Haryana. This shall be in addition to the salary and other allowances due to the Government Employees serving in Public Health Institution or Government Medical College.
he State Government shall keep on repaying the loan (Annual installment) of the MBBS graduate till the time he/she continues to serve in any Government Public Health Institution or Government Medical College or for a period of 07 years or loan is repaid, whichever is earlier.
Every candidate taking admission in MBBS degree course for the year 2020 in Government Medical Colleges shall pay an annual fee as below

Sr. No.

Course

Proposed fee annually with 10% Increase every year.

1.

MBBS

1st Year - Rs. 80,000/-

2 nd Year- Rs. 88,000/

3rd Year - Rs. 96,800/-

4th Year Rs. 1,06,480/-

Total Course Fee

Rs. 3,71,280/-

Accordingly, the Bond tentative amount to be paid by the candidate for the entire course (Year wise) as below:

Sr. No.

MBBS Degree Course

Fees.

Loan Amount.

1.

1st Year

80,000/-

9,20,000/-

2.

2nd Year

88,000/-

9,12,000/ -

3.

3rd Year

96,800/-

9,03,200/ -

4.

4th Year

1,06,480/-

8,93,520/-

Total

3,71,280/-

36,28,720/-

(*above is only illustrative in nature)


. In case a candidate avails Option (A)' as mentioned, the above the bond amount shail be in the shape of an education loan from a Scheduled Bank/Financial Institutions for which repayment shall commence after the moratorium period of education i.e. period of education plus one year thereafter. The tenure of the loan will be 07 years after the moratorium period.
In case after completion of the MBBS course, candidate does not join Govt. Service in Public Health Institution or Government Medical College, then repayment of the loan installments (including principal and interest) will be sole responsibility of the candidate.
"This policy does not make it mandatory/obligatory for the State Government to provide employment to the MBBS graduate.The candidate shall have to go through the proper/prescribed procedure in terms of the applicable rules to obtain employment in the State Medical Services," stated the policy
The Government may at a later stage, introduce a Credit Guarantee Scheme for loan obtained for Medical Education in Govt. Medical Colleges to facilitate the candidate's ability to obtain the education loan for the bond amount.
In case, if candidate leaves the Government job after serving 'x' years e.g. (x<7 years), any loan installment repayment (including principal and interest) from the date after the candidate leaves Government service will not be done by Government and the candidate shall be wholly and solely responsible for the repayment of the loan installments thereafter. The bond amount received by Government annually from the admitted students shall be deposited in the Haryana State Medical Education Trust to be set up in Directorate of Medical Education and Research Department to be utilized for loan installments repayments after graduation of the Students wherein required and for other purposes as approved by Govt. from time to time.
Where the candidate exercises the Option (B) of serial no.5 of the Notification then he/she shall pay the bond amount i.e. Rs. 10 lakh per annum minus annual fee charged for a period of 4 1/2 years to the Haryana State Medical Education Trust to be set up in the Directorate of Medical Education & Research Haryana.
Further, the candidate also has the choice to switch/shift to the Option (A) at the beginning of any of the academic year of the course with prior permission of the Government of Haryana.
The bond amount shall be kept in separate dedicated account in the form of Corpus which shall be maintained by the Haryana State Medical Education & Research Trust to be set up in Directorate of Medical Education & Research Department. The annual fee shall be deposited in the concerned Govt. Medical Colleges and the bond amount shall be deposited in the above mentioned separate dedicated account maintained by the Haryana State Medical Education Trust. The funds maintained in the Corpus shall be utilized for repayment of loan installments of graduates who have obtained Government service in Public Health Institution as required and for various activities related to development of Medical Education and Research in the State. The fund may be utilized for facilities n improvement of Infrastructure/Equipment/Teaching Government Medical Colleges.
Policy for the candidate wishing to join PG Course after completion of MBBS courses for which bond amount in the form of education loan has been given or during in service in Public Health Institution during the repayment period of education loan shall be notified later.
The candidate after completing MBBS course and before starting the Government Service will get themselves registered with the Haryana State Medical Council.
Fee Structure of the Government Medical colleges for the academic year 2020-21 shall be as under:-

Sr. No.

Course

Fee

1.

MBBS

Rs. 80,000/- annually with 10% increase every year.

2.

MBBS(NRI)

1,25,000 US Dollars (for the entire course)

3.

PG Courses

Rs.1.25 lakh (1st year)

Rs.1.50 lakh (2nd year)

Rs.1.75 lakh(3d year)

*Note - The fee structure of PG Courses shall be applicable w.e.f academic year 2021- 22.
The State Government reserves the right to add/delete any clause in the policy as per the requirement from time to time, the notification added.
"This notification is being issued in supersession of all other notifications and policies pertaining to the matter covered by this notification," it stated .
To view official notice, click on the following link:
https://medicaldialogues.in/pdf_upload/pdf_upload-141926.pdf


dmerMBBSdmer haryanaharyana medical collegembbs feesmbbs fee in haryanaMedical Colleges
Medical Dialogues Bureau
Medical Dialogues Bureau

    Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers.  Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in.

    Show Full Article
    Next Story
    X