UGC 12 B

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Financial Viability
S. No. Information Information submitted by the University View
1. Details of the Corpus Fund created by the University
Amount –
FDR No. Date –
Period -
(Documentary evidence to be given)		 Amount: 1 CR.
A/C No.: 8342-00-120-4700
FDR No. Date: N/A
Period: N/A

The Details of the Corpus Fund is attached in Annexure XX.

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2. Financial position of the University (please provide audited income and expenditure statement for the last 3 years)
S. No. Year Income Expenditure
1 2020-21 9729065 108095203
2 2021-22 107108025 117765286
3 2022-23 176418934 176299069

The audited income and expenditure statements for the last three years (2020-21, 2021-22, 2022-23) are added as Annexure- XXI.

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3. Source of finance and quantum of funds available for running the University (for last audited year)
Fees –
Donations -
Loan –
Interest -
Any other (pl. Specify)-
 The sources of university finance consist of collection of fees from the students, interest earned on FDRs during 2022-23
Fees : 175434935
Donations : Nil
Loan : Nil
Interest : 983999
4. Library

What is the University’s ‘unit cost’ of education? (Unit cost = total annual expenditure (budget accruals) divided by the number of students enrolled) Unit cost calculated excluding the salary component may also be given : For 2022-23, the two Unit Costs are as follows :

  1. Unit Cost with salary component (Unit cost = Total Annual Expenditure (Budget accruals) + Number of students enrolled)
    1. Total Annual Expenditure = Rs.176299069.45
    2. Number of students enrolled = 1699
  2. Unit cost without salary component (Unit cost = Total Annual Expenditure (Budget accruals excluding salary) + Number of students enrolled)
    1. Total Annual Expenditure without salary
      1. (include Staff welfare) = Rs.103963248 Number of students enrolled = 1699
      2. Unit cost per student = 1 / 2 = Rs.61190.84

UGC 12B