Financing a School Project |How to get funds for school | Government Schemes for School funding | What is the right budget to start a CBSE/ICSE school in India?
The first step to arrive at a right budget is to do feasibility study. The purpose of a Feasibility Study is to understand the market potential and return on investments for a given geographical area. In other words, if you are unsure whether your school project will deliver the outcome you want then a Project Feasibility Study will help you gain that clarity. During the Feasibility Study, a variety of 'assessment' methods are undertaken, the competitors in the area are analyzed to understand the Fee capacity, Facilities offered, GAP analysis, Manpower availability etc.
Is the income from school tax free in nature?
The income generated is tax free in nature upto 1 Cr as per prevailing directives.
When does a new CBSE school achieve operational break even?
Generally by the 3rd/4th quarter of the second year of operations.
Do you get funding or subsidy from state government to start a new school ?
In general no, but there are states which may provide leased land at affordable rates to promote the area or there are few states which give relaxation in FAR if we do a school project or else if we prmote a green school concept
This page will help you unsolve :
How do i get funds from different institutions for a school project | Does government give subsidy to open a new school | How to finance a school project from bank | Will society or trust get loan to construct a new school | Detailed project report for school for bank loan purpose|
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