Osun State Polytechnic, Iree, has directed all graduating students of the institution to pay an endowment fee of ₦10,000 each.
The directive was contained in an internal memorandum signed by the Registrar, Abiodun O. Oloyede, dated October 16, 2025, and addressed to all graduating ND II and HND II students.
According to the memo, the Governing Council of the institution approved the payment during its meeting held on June 25 and 26, 2025.
The endowment fund is aimed at supporting the growth and development of the Polytechnic, particularly in providing amenities and infrastructure.
The memo explained that the fund would be managed by a special committee made up of officials of the institution, representatives from the State Ministry of Education, the Alumni, and the Student Union.
All graduating students of the 2024/2025 academic session are required to pay the ₦10,000 endowment fee into the institution’s dedicated account before collecting their final notification of results.