'The governor pleaded with the governing council at the meeting to review this school fees
downward and not just that, he pleaded for the students to pay twice.
The school fee
payment solution saves time, money and energy of all parents and students by providing them digital solution to paying their children's fee online and real time and thus providing ultimate convenience, he said and added for schools that sign up, Easypay offers instant settlement, real-time updates, detailed reporting, and easier bookkeeping.
Research by the bank shows that the rate of growth for private school fees
for day pupils is marginally faster that the increase in the Retail Price Index (RPI) at 20% over the same time period, and four times more than the rise in average earnings at 5%.
GEMS group chief operating officer Dino Varkey told 7DAYS that inspection results should not play such a huge role in determining school fees
and that the cost of running an establishment should be taken into consideration, as well as student results.
Suren Thiru, of Lloyds TSB Private Banking, said: "Private school fees
have increased by significantly more than inflation making it increasingly difficult for the average worker to afford them."
Also speaking, a former NANS JCC chairman, Kowe Odunayo, berated governor Akeredolu, for the increase in school fees
, but said that the students would resist all attempt by the state government to commercialise education in the State.
A RENOWED girls' Cambridge school of Karachi, located in the posh area of Bahadurabad and owned by a leading business family, has committed contempt of the Supreme Court's order of Dec 13, 2018 regarding a 20 per cent deduction in school fees
in excess of Rs 5,000 per month.
However, there was then no announcement about the new school fee
The court will itself decide how much reduction will be made in school fee
. A private school lawyer said every private school's annual increase in school fees
The SHC during a hearing on a petition against a government notification on a hike in private school fees
in the province, rendered the notification void.
The three-member bench hearing the case issued notices on the imposition of income tax on school fee
and directed the provincial government and private school representatives to reply by September 7.