The protests at the Higher Institute of Applied Technology (ISTA) university came after administrators decided to alter the exchange rate applied to student fee payments, significantly increasing costs - a decision that has now been reversed.
"We received 23 injured students of whom five had serious gunshot wounds and were transferred to the Kokolo military hospital," said a doctor at the university's medical centre.
An AFP correspondent saw seven students - including a woman who had lost consciousness - under observation at the university medical centre.
"We are protesting against the application of an increased (exchange) rate decided by the academic authorities," said Patrick Makonzo, vice-president of ISTA's student union.
Administrators had moved to change the Congolese franc exchange rate applied to student fee payments, which are fixed at USD 300 for the year, and would have resulted in a real-terms fee increase of around 16 per cent.
"In the interests of social harmony at ISTA we have decided to revise the exchange rate (back)," said ISTA director general Kasengedia Mutumbe.
Anger at the university's initial decision led to several incidents including the burning of two vehicles and attacks on some nearby shopfronts.
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