FUTA School Fees For 2023/2024 Academic Session

If you have been asking the question, “how much is FUTA school fees?” this article is for you. In this page, i will disclose the amount paid by old and new students of the Federal University of Technology, Akure (FUTA). I enjoin to read very carefully because this page contains everything you need to know.

No doubt, the Federal University of Technology, Akure (FUTA) is one of the best federal universities in Nigeria for science students. The institution is also amongst the top 10 universities to study engineering in Nigeria. When it comes to school fee, FUTA is one of the cheapest institutions in Nigeria because, it is a federal school. In fact, FUTA is one of the institutions I recommend for university aspirants that wants to move to the field of science.

Thus, if you are a student that really want to enroll in the field of science an technology, FUTA is a great choice for you. As we continue, you will see FUTA school fee for 2023/2024 academic session.

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About The Federal University of Technology Akure

The Federal University of Technology, Akure (FUTA) was established in 1981 and is located at Obanla, Ondo State. Later, it established other campuses in different places such as: Obakekere and Centre for Entrepreneurship, Ibule and expanse of land on Owo-Benin Road. All these locations are in the same State where the first establishment was made (that is, Ondo State).

However, this University was established as a result of the drive by the Federal Military Government of Nigeria to create Universities that will specialise in producing graduates with practical and theoretical knowledge of technologies. So, as at 2023, FUTA is 42 years in establishment. Again, when it was established, FUTA had 300 administrative staffs and about 15,000 students.

Other Universities of technology that were established around the same time include: the Federal University of Technology Owerri (FUTO), the Federal University of Technology, Abeokuta (FUTAB), the Federal University of Technology Minna, the Federal University of Technology Yola among others.

Today, FUTA is among the top ranking Universities of technology. It is indeed among the prides of Nigeria. This University has grown tremendously, and has stretched its academic disciplines and research across six different schools and over thirty academic departments. However, this University offers different academic programs for undergraduates, pre-degree students, postgraduate students, and for any of their interested students.

FUTA School Fees For 2020/2021 academic session
FUTA School Fees For 2020/2021 academic session

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Is FUTA School fees for 2023/2024 Academic Session Out?

Yes! The Federal University of Technology, Akure (Also known as FUTA) has finally release her school fees for 2023/2024 academic session. In this article, i will show you the school fee of FUTA, acceptance fee of FUTA and how to pay the fees online.

If you are new or an old student of the university, I recommend that you read everything contained in this post for a complete guide on how to pay your fees online.

Below is a simple list of the fees paid in 2023/2024:

100Level – N96,500 (Including Acceptance Fee)

200Level – N13,500

300Level – N18,100

400Level – N15,500

500Level – N13,600

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FUTA School Fees for First Years (New students) 2023/2024

Below are the fees paid by new students of the Federal University of Technology, Akure (FUTA):

100 Level
Tuition Fee
Online Registration (First and Second Semesters)1,000.00
Deed of Undertaking500.00
Laboratory Charges2,250.00
Examination Charges1,000.00
Electronic Charges1,000.00
Certificate Verification2,000.00
Caution Fee (Refundable)2,500.00
Identity Card (for 2 Sessions)2,000.00
Students Handbook (Revised Edition)500.00
Sports Services750.00
Medical Examination1,500.00
Endowment Fund1,000.00
Medical (TISHIP)1,600.00
Matriculation Charges1,000.00
Library Charges500.00
University Calendar1,500.00
ICT Development2,000.00
School Dues
Municipal Charges1,000.00
Students Welfare Insurance Scheme400.00
Students Union Fee600.00
Development Levy (Fresh Students only)25,000.00
Facility Ethics and Student Conduct Manual500.00
Laboratory Coat1,500.00

FUTA School Fee for Old Students

300 Level
400 Level
200 and 500 Levels
Tuition Fee
Online Registration (First and Second Semesters)1,000.001,000.001,000.00
Laboratory Charges2,250.002,250.002,250.00
Examination Charges1,000.001,000.001,000.00
Identity Card (for 2 Sessions)2,000.002,000.002,000.00
Sports Services750.00750.00750.00
Endowment Fund1,000.001,000.001,000.00
Medical (TISHIP)1,600.001,600.001,600.00
Library Charges500.00500.00500.00
Industrial Training (400 Level Students Only)1,700.00
ICT Development2,000.002,000.002,000.00
School Dues500.00500.00500.00
Municipal Charges1,000.001,000.001,000.00
Students Welfare Insurance Scheme400.00400.00400.00
Students Union Fee400.00400.00400.00
Entrepreneurship (300 level students only)4,500.00

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FUTO Accommodation Fee for 2023/2024 Academic Session

1.Bed Space90.0090.0090.0090.00
2.Students Hostel Maintenance8,000.0018,000.0059,000.0075,000.00

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How to pay FUTA School Fees Online

Kindly follow the steps below to pay your FUTA School fee online:

Step 1: Login to FUTA admission payment portal with you ID and email.

Step 2: Select the payment option to enable you generate Remita for payment.

Step 3: provide all the details required and generate your payment Remita. Note that it must contain your full name, reference number and the name of your school (Federal University of Technology, Akure)

Step 4: Proceed to any commercial bank in Nigeria for payment. In paying through a commercial bank, a service fee of #300 (three hundred naira to the bank) will be charge for the payment.

Step 5: after payment, you will be given a payment number. Kindly return to the school portal to confirm the payment and print out your payment receipt.

If you followed all the steps above successfully, then you have paid your FUTA school fees for 2020/2021 academic session.

It is important to note, once again, that you have to pay your FUTA school fees as soon as possible because students who fail to do this might face the consequences of being limited to certain school resources. So, to avoid any problem from the school authorities, make sure you pay as soon as you can provide the fees.

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How Much is FUTA acceptance fee?

As you already know, payment of admission acceptance fee is a must for every aspirant of the Federal University of Technology, Akure (FUTA). Students who fail to pay their acceptance fee will be deemed to have rejected their admission by doing that. Thus it is not just a necessity, it is a must for every student.

The price for FUTA 2023 /2024 acceptance fee is just #45,000 (Fouty five thousand Naira only). This money must be paid in the name of the Federal University of Technology, Akure (FUTA) through direct bank transaction.

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Below are the recommended banks for payment:

  1. First Bank
  2. WEMA Bank
  3. UBA Bank
  4. Access Bank
  5. Diamond Bank
  6. GTBank
  7. Keystone Bank
  8. First City
  9. Monument Bank
  10. Heritage
  11. Enterprise Bank
  12. Sterling Bank
  13. Mainstreet Bank
  14. Zenith Bank
  15. Ecobank
  16. Fidelity Bank
  17. Union Bank
  18. Skye Bank
  19. Unity Bank

Consequently, if you wish to generate Remita and pay your FUTA acceptance fee, kindly follow the link below:



For now, this is all you need to know about FUTA departmental cutoff marks for 2023/2024 academic session. From what we have discussed to far, I believe you now know the school fees of the Federal University of Technology, Akure and how to pay the fees online.

Meanwhile, if you had any problem while try to follow the steps provided for in the article, i enjoin you to send your comments using the comment session.

This Post Has One Comment

  1. Oluwatosin Fadekemi

    Thanks for this post
    It helps

Comments are closed.