What shall be the right entry Fee Structure for a new CBSE/ICSE School in India?

In the growing scenario, where schools are around, everywhere it is important to understand the market potential and return on investments for a given area. The entry level fee structure is a key differentiating and key success factor while planning a new school project. The factors to be factored in are

 

  • Fee structure vs facility offering by existing competitors.

  • Pay capacity and Pay culture of the town.

  • Management decision to implement State pay/Grade pay for salaries for staff.

  • Demographics of the city

  • Volume Addition Trend and Capacity utilization over the period of next 10 years

  • Fee Regulation Committee rules of the state.

  • EWS/Education to Poor to be accounted for recovery from the finalized fee as being charged.

  • Concept Note of the school to create product differentiation factor

  • Infrastructure and running expenditure of the school.

  • Scope of additional income over and above the tuition fee as per market trend.

The broad heads of school fee structure are

  • Admission Fee

  • Annual Charges

  • Tuition Fee

  • IT/Smart Class Fee

  • Transportation Charges

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The page will help you unsolve the following:

Sample Fee Structure for a CBSE school | Heads in the fee structure of a school | How to finalise the fee structure of new school | Guidelines on increasing the fee structure every year for a school | Best Fee structure for a new CBSE school 

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