Book Bank Facility
Instalment Facility for payment of fees.
- Book Bank Facility
Introduction: Shurparaka Educational and Medical Trust’s Moinuddin. B. Harris College of Arts and A.E. Kalsekar College of Commerce and Management is located in an area where students from underprivileged backgrounds come to enrol in self-financing or degree-compromising courses. The majority of students are unable to afford the standard course expenses. The Trust's Management takes a compassionate approach to this issue and makes sure that students in the weaker student groups complete their education without any financial hindrances. The majority of the underprivileged and worthy students have their course fees managed by management from various sources, who also assist them in pursuing their study beyond graduation. The college's Book Bank Scheme was implemented by the management and principal with consideration for the financial situation of the students. This initiative has improved student outcomes while increasing efficiency.
1. Objective of the Practice: The objective of the practice are as follows:
To identify outstanding students
To identify needy and deserving students
To get good results in College Exams and University Examination
2. Context: A. E. Kalsekar College is an unaided College which is affiliated to University of Mumbai. It is situated in a locality where minorities and weaker section students reside and obtain education in available institutions. The Management of the college not only desires to provide education to the weaker section of the society but also ensure that students do not discontinue their education due to lack of facilities and financial availability. The Principal and the Management decided to help the students through BOOK BANK Scheme. For Book Bank Scheme the principal formed a Book Bank Committee under which its procedure, rules and regulations were framed. As per this decision every academic year, it is ensured that Book Bank sets are distributed among students.
3. Practice: As soon as college opens for a new academic year, notices are displayed for the students to collect Book Bank Scheme Application form. A deadline is given to the students for the submission of Book Bank Application forms. After the collection of application forms, applicants’ interviews are held, teacher In charge ensures that needy and deserving students are selected for Book Bank sets. After the interviews, Book Bank sets are distributed among the students. Students are informed to return the sets immediately after their examinations. Those students who do not return the sets, several reminders are given with a nominal fine. At last their mark sheets are held and their Leaving Certificates are not issued.
4. Event of Success: After the introduction of Book Bank Scheme, it was noted that those students who are issued sets of Books are passed with better results. Due to this resource, a respectable percentage of students from the surrounding area are admitted to the college. A total number of 569 students were benefited from this practice in the academic year 2022-23.
5. Problems Encountered: Due to financial problem many selected students do not opt for Book Bank Scheme. It is found that students do not pay the Book Bank fee charges happily. Further those students who obtain the Book Bank Sets are found frequently absent in the college. Since they have books available with them, they wish to study at home and prepare themselves for examination at their homes.
- Instalment Facility for payment of fees
Introduction: Shurparaka Educational and Medical Trust’s Moinuddin. B. Harris College of Arts and A.E. Kalsekar College of Commerce and Management has adopted Instalment facility which is given to all the students irrespective of the caste or creed especially who are from economically weaker sections of the society. Since the very beginning, the Trust and Management had a vision to help the needy and deserving students financially. To bring this into action Instalment facility has been started. And it has been found to be the best practice of the institution.
1.Objective of the Practice: The objective of the practice are as follows:
To increase the number of students
To benefit the weaker sections of the society especially our local areas.
To develop the area by educating girls, who are deprived from education due to financial difficulties
2. Context: Since many of the students were first-generation college students, they needed encouragement to pursue higher education. But because of the college's remote location and the families' financial struggles, a large number of students left school early. In order to address this problem, the college's management considered offering education to the less fortunate members of society by implementing an instalment plan as a support system. The trust and management made the decision to provide financial support to students by allowing them to pay whenever it is most convenient for them, in an effort to prevent students from quitting school due to a lack of funds. The management and principal made the decision to provide the students with an instalment plan.
3. Practice: As a practice, the office staff collects only 25% fees of the total amount from whatever stream the student may be. The student gets admission only on the payment of this amount. The remaining amount can be paid by the students in 4 equal or unequal instalments throughout the year before he final examination. Proper records are maintained and follow ups are done by the Teaching and Non-teaching staff.
4.Evidence of Success: It was observed that students who had been dropped out early owing to financial difficulties were re-admitted even after taking academic breaks after the implementation of the instalment facility. This facility allowed a large number of students from the surrounding area to be admitted to the college. It was also found that every year the number of students kept on increasing gradually. As per this decision every academic year, the number of girl students is also constantly increasing.
5.Problems Encountered: Due to instalment facility given to all the students, it was found that even financially good students do not pay the remaining fees taking undue advantage. Several reminders had to be given to pay the balance fees amount. The genuine cases were considered and they turned to be bad debts. Also at the beginning of the college it becomes difficult to meet the college expenses out of the amount collected as down payment from the students which is a tough task to be performed by the management.
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