Proposal for establishment of University

(1) The sponsoring institution, namely "LM Educational and Research Foundation" (Trust) Dehradun, shall have the right to establish "Quantum University" according to the provisions of this Act. (2) An application along with the proposal for the establishment of the University has been submitted by the sponsoring institution to the State Government, for which the following details have been submitted: (a) Objectives of the University including full details of the sponsoring institution; (b) Location, expansion and availability of land of the University; (c) Nature and type of academic and research programs to be run by the University in the next five years; (d) Nature of faculties, courses to be started and research work; (e) Development of the University campus such as buildings, furniture and structural amenities; (f) Phased budget estimate of capital expenditure for the next five years; (g) Item-wise recurring expenditure, financial sources and estimated expenditure per student; (h) Plan for mobilizing resources and their capital costs and methods of repayment; (i) Plan for creation from internal funds through internal resources - expected revenue from fees taken from students, counseling and other activities related to the objectives of the University; (j) Details of the nature of fees to be charged from students, extent of concessions or exemptions given to native students of the State, free education and scholarships and at different rates, if any, from Non-Resident Indians and foreign students; (k) Period of specialization and experience in related subjects available in the sponsoring institution and financial resources; (l) Method of selection of students for University courses; and (m) Status of fulfillment of such other conditions, if any, as required by the State Government, prior to the establishment of the University.