CBSE, ICSE schools to cap annual fee hike at 10%

CBSE, ICSE schools to cap annual fee hike at 10%

CBSE and ICSE school managements associations in the state have instructed their member schools to cap the annual fee hike at 10%.

The decision was taken at their Annual General Meeting held on April 7, where representatives of more than 200 schools were present. “We came to the conclusion that schools should be self-regulatory and sensitive when increasing the fee. Almost all our member schools already follow this principle. There are very few who increase the fee by more than 10%,” said Mansoor Khan of the Managements of Independent CBSE Schools Association. He added that ideally, they would recommend schools to keep the hike between 6 and 8%.

Dr Mohan Manghnani, president, ICSE Schools Association and chairman, New Horizon Educational Institution said, “We are sensitive to the needs of parents. I am happy that the schools were univocal in their stand, not to increase the fee structure at the whims and fancies of the managements. The latest decision will put a cap on all such moves and it will also bring in a sense of relief among parents.”

The association has also decided to launch a website and an email id for parents to submit their grievances on fee matters. This is expected to be launched within a couple of weeks.

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