UGC aid to community campuses:43 colleges to receive Rs190 million

Kathmandu: University Grants Commission (UGC) today decided to provide reform grants to various community campuses across the country to support them financially for their improvement.

Every year, UGC provides reform grants to community campuses under Second Higher Education Project funded by World Bank.

Issuing a press statement, UGC said that under Scheme D, it was going to provide Rs 190 million to 43 community campuses selected from competition.

The statement said that 25 campuses were selected from national competition, 16 from regional competition and 2 from very remote districts.

According to the statement, the selected campuses would receive grants on the basis of work performance and matching fund. The campuses would be getting Rs 1.95 million as matching fund grants and Rs 190.50 million as performance grant through systematic process. They would be getting Rs 450,000 as encouragement grants immediately after the agreement is signed. Earlier, UGC had decided to grant Rs 1.5 billion to nine campuses under Scheme A, Rs 260 million to ten campuses under Scheme B and Rs 140.50 million to 28 campuses under Scheme C.

source: The Himalayan Times

Posted on: 2011-09-08

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