UNILAG Announces New Fees and Certificate Demurrage Payment

Ikemefuna 2 years ago

The Senate of the University of Lagos (UNILAG), at its meeting held on Wednesday, May 31, 2023, has conducted a review of fees related to services provided by the University and approved a new policy regarding demurrage payment on certificates. The reviewed charges and the new policy are detailed below:

Re-Issued Certificates

  1. The cost of re-issuance for burnt or damaged certificates shall be Fifty Thousand Naira (₦50, 000.00), in response to the rising rate of inflation.
  2. Certificates with spelling errors attributable to students’ mistakes will be re-issued at a cost of Thirty-Five Thousand Naira (₦35,000.00). This charge applies if the certificate is returned for re-issuance before a change of signatories.
  3. If a spelling error on a certificate is made by the University, it will be re-issued at no extra cost to the student, provided the certificate is returned for re-issuance before the change of signatories.
  4. If a certificate with errors as described in (3) above is not returned for re-issuance before the change of signatories, a charge of Thirty-Five Thousand Naira (₦35,000.00) will apply.

These changes are in addition to the previously approved policy on certificate re-issuance.

Uploading of Documents on Application Portal

A total processing cost of Twenty-Five Thousand Naira (₦25,000.00) will be charged for uploading transcripts on the application portal.

Inter/Intra Faculty Transfer Application Form

Obtaining the Inter/Intra Faculty Transfer Application Form will now cost Twenty Thousand Naira (₦20,000.00).

Demurrage Payment on Certificates

The Senate also approved the introduction of a demurrage policy for uncollected certificates:

  1. Any certificate not collected in the year immediately following convocation will attract a demurrage charge of Ten Thousand Naira (₦10,000.00).
  2. There will be an additional charge of Five Thousand Naira (₦5,000.00) for each year the certificate remains uncollected.

This policy is in addition to previously approved charges for convocation and certificate collection.

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Please note that these fees, which took effect from May 31, 2023, are subject to review by the University at a maximum interval of five (5) years. This periodic review will be aligned with the prevailing rate of inflation.

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Thread Info
Author Ikemefuna
Replies 0
Category University of Lagos
Status Active
Created Jan 31, 2024
Last Activity 1 day ago