About 4,000 students of Osun State University may be expelled for failing to pay their school fees before the February 28, 2017 deadline set by the authorities of the institution.
The affected students may also miss the first semester examination scheduled to begin on March 6.
The management of the university disclosed this in a statement by the Corporate Affairs Unit yesterday.
According to the statement, as at Saturday, 4,410 students were yet to fulfill this obligation 48 hours to the expiration of the deadline.
The institution’s management set a deadline for payment of school fees when it discovered that many students had not done this, adding that the development has affected the smooth running of the system.
The Guardian learnt that many of the affected students owe the university school fees between two and more semesters. Some of them were alleged to have collected the money from their parents and “invested” it in the failed MMM Ponzi scheme or diverted same to other purposes.
The statement claimed that some concerned parents and guardians of the defaulting students have been making calls to the university’s phone numbers to report that they had given the money to their children.
The university, however, advised students who cannot meet up with the deadline and do not want their admissions terminated to apply to the school authorities to grant them leave of absence for the current semester with a sworn affidavit, pledging to pay before resumption.
The new Vice Chancellor, Prof. Labode Popoola raised the alarm over the issue recently. He said the institution was being owed a backlog of school fees of about N2 billion by students
In a bid to save the institution from financial crisis, the management warned all returning students upon resumption of 2016/2017 academic session that it would no longer tolerate non-adherence to the deadline for payment of fees and course registration as contained in the university calendar and students handbook.
Source: The Guardian