The meeting held at Bola Babalakin Auditorium, Gbongan, Osun State, on Tuesday also approved 140 as minimum UTME score for admission into private universities.
For public polytechnic, 120 UTME score was approved, while 110 score was approved as the least score for admission into private polytechnic.
For colleges of education, 100 and above was approved as the cut-off marks.
Mr Oloyede, however, said admission into all universities would be conducted on Central Admission Processing System.
According to him, JAMB is not responsible for the fixing of cut-off marks for tertiary institutions but rather a consensus between the institutions and stakeholders at the policy meeting.
Mr Oloyede, however stated that institutions cannot fix cut-off marks below what the stakeholders decided at the policy meeting.