Expenses of the Chatushpathi students including food, lodging and tuition, were borne by the institution.

The academy was managed by a board of trustees of whom Babu Brajalal was the chairman.

At its inception, the academy had only two tin-shed rooms with brick-and-cement floors and fence walls.

Later, education minister Sher-e-Bangla A. K. Fazlul Huq issued an order to appoint a Muslim teacher for the college.

The first Muslim teacher appointed on a part-time basis was Mr. Musaddar Ali.

It offers Honours and Masters courses in almost all subjects: Bengali, English, philosophy, political science, economics, history, Islamic history, accounting, management, physics, chemistry, zoology, botany and mathematics.