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The short answer
A student in Osogbo pays fees to the university plus rent, food, transport and study costs. Osun State University (UNIOSUN) set its 2025/2026 acceptance fee at ₦50,000, payable on its Remita platform within days of the admission list; tuition and Fountain University's fees must be checked on each university's portal. Living costs are the larger, more flexible part of the budget.
Fees: what the universities publish
UNIOSUN's main campus is in Osogbo. Its notice releasing the 2025/2026 final UTME admission list, posted on 2 November 2025, told candidates to pay an acceptance fee of ₦50,000 through the UNIOSUN Remita platform on its admissions portal and to complete acceptance and registration by 7 November 2025, or lose the admission. That short window catches families out, so keep the acceptance fee ready before the list is released.
The notice does not state tuition or other charges, which are published on the student portal each session. Fountain University in Osogbo sets its own fees; we could not confirm them on a public page, so ask the bursary for the full schedule, including accommodation, before accepting. For proof of payment, our guide to proving you paid school or acceptance fees helps.
Paying with a student loan
The federal student loan scheme, NELFUND, pays approved amounts for institutional fees and, where approved, upkeep. Its published terms say repayment starts two years after NYSC, by deduction of 10% of monthly salary at source, and that early repayment is allowed. The terms page does not say whether every institution is covered, so Fountain University students should check eligibility directly with NELFUND and their school.
Living costs: an example monthly budget
Most students in Osogbo live off campus, in self-contain rooms or shared flats in areas near the campus gates. The table is a labelled example for a student sharing a self-contain and cooking, not a survey.
| Item (example) | Per month | Notes |
|---|---|---|
| Rent share | ₦12,500 | Half of a ₦300,000 a year room, spread monthly |
| Food and gas | ₦40,000 | Mostly home-cooked |
| Transport | ₦8,000 | Keke and okada to lectures |
| Data and airtime | ₦6,000 | |
| Printing, handouts, stationery | ₦5,000 | Higher during exams |
| Toiletries and laundry | ₦4,500 | |
| Total | ₦76,000 |
Food is the biggest flexible cost. The National Bureau of Statistics reported national averages in April 2026 of ₦808.96 for 1kg of white garri, ₦1,338.93 for 1kg of brown beans and ₦2,396.32 for a litre of palm oil. Buying these in bulk at a market such as Oja Oba, rather than daily at campus kiosks, cuts the food bill. Our Oja Oba market guide explains bargaining.
Worked example: a year in Osogbo
Example only. ₦76,000 a month for ten months of the academic year is ₦760,000. Add the ₦50,000 acceptance fee in year one, a mattress and cooking set at ₦60,000, and ₦120,000 for tuition and departmental charges (check your own portal). Year one costs ₦760,000 + ₦50,000 + ₦60,000 + ₦120,000 = ₦990,000. Later years drop the acceptance fee and most of the set-up costs.
Renting near campus
- Look before resumption; rooms near the gates go first when new students arrive.
- Pay the landlord or a verified agent, never a fellow student who claims to be "helping".
- Agree in writing who pays electricity, water and refuse charges.
- Ask current tenants about power supply, water and security at night.
- Count the walk or ride to lectures; a cheaper room further out can cost more in transport.
See our rent guide for Osogbo for how yearly rent and agent fees work.
Where students earn and save
Students in Osogbo commonly earn from tutoring secondary school pupils, hair and make-up, phone and laptop repair, graphic design, typing and printing services, and selling food or provisions in hostels. Keep side work small enough not to hurt grades, register it if it grows, and be wary of "investment" schemes that pay early returns from new members' money. Saving works best automatically: put a fixed sum aside the day an allowance arrives, before spending.
Keeping money safe as a student
Fresh students are a target in every university town. Fake hostel agents collect "booking" fees for rooms they do not control, so see the room and the landlord before paying. Quick-loan apps that lend against your phone contacts can be costly; before borrowing, write down the total you will repay and the date. Never send fees to a personal account because someone in the department says the portal is down; pay only through the university's own Remita or portal. And keep your banking app locked with a PIN, because phone theft in crowded places often comes before account theft.
What to check first
- The exact acceptance fee and deadline on your university's own notice.
- Tuition and departmental charges on the student portal for your session.
- NELFUND eligibility for your institution and programme.
- A written rent agreement before paying for a room.
- A monthly budget agreed with whoever is paying your upkeep.
Where Pryme fits
A Flexible Savings Box can hold next session's fees in Naira while you study, with the rate shown in the app. A Personal Assistant can track spending and remind you before rent is due; see budgeting with an assistant as a student.
Questions people ask
How much is UNIOSUN acceptance fee?
For 2025/2026, UNIOSUN set the acceptance fee at ₦50,000, paid on its Remita platform via the admissions portal by 7 November 2025. Check each year's notice.
How much does a student need monthly in Osogbo?
In our labelled example, a student sharing a room and cooking spends about ₦76,000 a month on rent share, food, transport, data and study costs.
Can Fountain University students get a NELFUND loan?
NELFUND's published terms do not say. Check eligibility directly with NELFUND and Fountain University before relying on a loan.
Where do UNIOSUN students live?
Most live off campus in self-contain rooms and shared flats near the campus gates. Check the agreement, utilities and security before paying.
Sources
- UNIOSUN: 2025/2026 final admission list (UTME) (2 Nov 2025) · accessed Oct 2026
- NELFUND: Student loan terms · accessed Oct 2026
- ThisDay: NBS food prices for April 2026 (2 Jun 2026) · accessed Oct 2026
This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.