Nepal introduces tough rules to rein in educational consultancies, foreign-linked colleges
Summary
Nepal has introduced strict regulations for educational consultancies and foreign-affiliated colleges, imposing security deposits, annual licence renewals, and compliance with global ranking and accreditation requirements within three years.
Key Points
- Nepal's government approved regulations requiring educational consultancies and foreign-affiliated colleges to make security deposits and renew licences annually.
- Foreign-affiliated colleges must partner only with universities ranked in the world's top 1,000 and obtain accreditation from both foreign and Nepali authorities within three years.
- The regulations restrict admissions, class sizes, foreign capital in consultancies, and require student data reporting and financial disclosures.
- Violations may lead to licence cancellation and forfeiture of deposits; educational consultancies must pay an annual renewal fee and sign written agreements with clients.