'Outstanding' Dubai schools allowed 3.48% fee hike: KHDA
The Knowledge and Human Development Authority (KHDA) has stated that the school fee increase for the new academic year 2014-15 based on the new resolution passed by the Executive Council of Dubai on Sunday will be 3.48 per cent for “outstanding” schools, 2.61 per cent for “good” and 1.74 per cent for the rest.
The schools, however, can avail of this change only after the Dubai School Inpection Bureau (DSIB) results are made public.
The Executive Council of Dubai had earlier unveiled a resolution to cap the increase in school fees between 5-7 per cent.
This is a parameter that will change annually depending on the ECI (Education Cost Index), performance of the school and inflation.
This year, the KHDA has derived the fee hike based on these calculations.
According to the Dubai Statistics Center and the Knowledge and Human Development, the ECI saw an increase in 2013 at 1.74 per cent.
The KHDA informed that they have already communicated this to all private schools in Dubai.
As per the Executive Council, if the cost of education index is negative or zero, then no increase is allowed.
Abdullah Al Shaibani, Secretary-General of the Dubai Executive Council said that the Executive Council's mission is the adoption of policies which would contribute to meeting the needs of Emiratis and residents of Dubai as well as increase of Dubai's competitiveness in the economic and social fields.
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