4 ways to Make private schools more affordable

 

These days private schools in the city are more than government schools. They are with attractive infrastructure and well-designed curriculum. The number of students enrolling in private schools has rapidly increased as it’s become a symbol of reputation with ample opportunities provided along with education.

But the fact is, not all the students or the parents can afford a private school due to the ever-growing price education.

In the current scenario, many schools have adopted innovative ways to sustain & provide quality education to the students during this pandemic.

 

I’ve mentioned below points out that schools should consider to make education affordable. One such school I’ve seen following these attributes is RES school in Rajajinagar. They are indeed offering a scholarship to 100 students, offering them free education for the next 2 years. It is offered for students from grades 1-8.

 

Let’s have a look at the 4 ways to make private schools more affordable.

 

Merit Scholarships – A lot of deserving students end up paying huge amount of donations & fees to most of the private school’s despite having scored great grades in their academics. A Private school must offer scholarships to all the deserving candidates wherein it can also contribute to equality in the present education system to a great extent.

 

EMI Facilities – This is one of the most spoken terms in every sector except the education sector. which is still in the process of adapting to the installment method of collecting the fee payments. Facilitating EMI options will be a big relief to most of the parents & as well as the students who urge to be in a reputed private school.

 

Financial Assistance – Financial assistance in form of Loan facilities can also make private schools more affordable. Loans can be provided based on the financials of the parents, based on their jobs and income sources. A parent earning minimum wage can be disbursed a bigger loan amount. whereas a parent with a decent income, but in need of financial assistance can be disbursed a smaller loan amount.

 

Charges on Schools Amenities – Most of the private schools' levies huge tuition fees based on the infrastructure & amenities provided. It is advisable to charge a less figure on amenities while adding to the student’s annual tuition fees, as at the end it turns out to be a huge burden to most of the parents.

 

Check out the website of RES school in Rajajinagar for more on loan facilities.