Private schools in Dubai can increase their fees for the 2016-17 academic year by a minimum of 3.21 per cent and up to a maximum of 6.42 per cent, depending on their ratings following annual school inspections.
This increase is based on the new Education Cost Index (ECI), which has risen from 2.92 per cent last year to 3.21 per cent, the Knowledge and Human Development Authority (KHDA) announced on Sunday.
The ECI is calculated annually by the Dubai Statistics Centre, which takes into account the consumer price index and school operation costs, including remuneration, rent and utilities.
Fes hike upto 6.42 percent
Based on the new ECI, schools rated ‘outstanding’ in the next inspection results — due in April or May — can increase their fees by 6.42 per cent (double the ECI).
Schools rated ‘very good’ can increase their fees by 5.62 per cent (1.75 per cent of the ECI), schools rated ‘good’ can increase their fees by 4.82 per cent (1.5 per cent of the ECI), while schools rated ‘acceptable’ or ‘unacceptable’ can increase their fees by 3.21 per cent.
This ECI is only applicable for the 2016-17 academic year.
Last year, schools were allowed up to 5.84 per cent increase, with the ECI set at 2.92 per cent.
The Dubai School Inspection report for the new academic year will be released soon, with the Indian and Pakistani schools up for grading published first.
In 2014, Dubai schools were allowed 3.48 per cent for “outstanding” schools, 2.61 per cent for “good” and 1.74 per cent for the rest.
ECI considering operating costs
The ECI takes into account school operating costs, which include teachers’ salaries, rent, maintenance, electricity and water charges, among a basket of other commodities.
The fee framework, which has been applied for the past five years, has been developed in line with the strategic goals of KHDA and is connected with Dubai School Inspection Bureau’s quality indicators.