Some private schools in Dubai will be allowed to increase tuition fees by up to 5.2 per cent in the 2024-2025 academic year, the emirate's private education regulator said.
The Knowledge and Human Development Authority said on Tuesday that only schools that maintain or improve their inspection ratings would be allowed to raise fees.
Private schools in Dubai were allowed to increase charges by up to six per cent last year, after tuition fees had been frozen for the three previous years owing to the Covid-19 pandemic.
Tuition fee rises
- Schools that maintain their inspection ratings will be eligible to raise tuition fees by up to 2.6 per cent.
- Schools dropping in the annual inspection ratings will not be eligible to apply for any fee increase.
- Schools that improve their rating from “weak” to “acceptable” and from “acceptable” to “good” can increase fees by up to 5.2 per cent.
- Schools that move from “good” to very good” can increase fees by a maximum of 4.55 per cent.
- Schools that improve from “very good” to “outstanding” can apply for a 3.9 per cent rise.
The increases have been calculated based on an Education Cost Index, issued by the KHDA.
The index uses the annual audited financial statements of private schools in Dubai, which outline the operational costs of running a private school to offer a high quality of education, and is calculated in collaboration with the Digital Dubai Authority.
Fee increases are linked to a school's most recent inspection rating, the KHDA said.
Dubai school fees for 2023-24 academic year
“Aligning the fee adjustment with schools’ inspection ratings emphasises the quality offered by schools, while enhancing the competitiveness of the sector and encouraging schools to meet the needs of parents by catering to the needs of a diverse student body to ensure access to high-quality education for all children,” said Shamma Al Mansouri, director of permits at KHDA.
“Furthermore, the application of a scientific methodology to monitor and analyse the audited financial statements of private schools in Dubai allows for a transparent process that takes into account the interests of all our stakeholders and ensures continuous improvement in the quality of education offered by schools, while also safeguarding the sustainability of the private schools' sector.”
School inspection ratings for the current year have not yet been announced. Dubai authorities will issue the results before the end of the academic year in June.
Investing in education
Dino Varkey, group chief executive at Gems Education, one of the country's leading school groups, welcomed the move.
“The decision to increase school fees for academic year 2024-2025, depending on KHDA approval for each school, empowers us to invest further in our teachers, curriculum provision and facilities,” he said. “We will be informing our families in due course about their schools’ fee structure for the coming academic year.”
Rashmi Nandkeolyar, principal at Delhi Private School Dubai, said the decision would help to ensure all pupils received high quality education.
“I am glad to see that struggling schools are being supported,” she said. “It’s a step in the right direction to ensure good quality education for all pupils.”
Dubai's private school system is rapidly expanding, reflecting a population growth in the emirate. The school population surged by a record 39,000 in one year, authorities said on in October.
Official statistics show more than 365,000 pupils are enrolled in schools in the emirate, up from 326,000 in November 2022. The KHDA said the 12 per cent rise is the biggest since the authority was established in 2007.
School group freezes fees
The Indian High Group of Schools has confirmed it will not raise tuition fees.
The education provider, which has three campuses in Dubai, said it would mark the sixth consecutive year charges had remained unchanged.
“The KHDA has permitted our not-for-profit group of schools to apply for a fee adjustment outside and higher of the rate eligibility scale, depending on the needs of our group,” said Punit Vasu, Indian High Group of Schools' chief executive.
“Despite the ever-increasing operational costs, current rates of inflation that are at a record-high across the globe, and the permission from KHDA to increase fees beyond the normal scale, we have chosen yet again not to increase tuition fees for the academic year 2024-2025.
New Dubai schools - in pictures
Results:
CSIL 2-star 145cm One Round with Jump-Off
1. Alice Debany Clero (USA) on Amareusa S 38.83 seconds
2. Anikka Sande (NOR) For Cash 2 39.09
3. Georgia Tame (GBR) Cash Up 39.42
4. Nadia Taryam (UAE) Askaria 3 39.63
5. Miriam Schneider (GER) Fidelius G 47.74
KLOPP%20AT%20LIVERPOOL
%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
UAE currency: the story behind the money in your pockets
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
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2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux
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2011 The Tree of Life, Terrence Malick
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Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
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BUNDESLIGA FIXTURES
Saturday
Borussia Dortmund v Eintracht Frankfurt (5.30pm kick-off UAE)
Bayer Leverkusen v Schalke (5.30pm)
Wolfsburg v Cologne (5.30pm)
Mainz v Arminia Bielefeld (5.30pm)
Augsburg v Hoffenheim (5.30pm)
RB Leipzig v Bayern Munich (8.30pm)
Borussia Monchengladbach v Freiburg (10.30pm)
Sunday
VfB Stuttgart v Werder Bremen (5.30pm)
Union Berlin v Hertha Berlin (8pm)
Top Hundred overseas picks
London Spirit: Kieron Pollard, Riley Meredith
Welsh Fire: Adam Zampa, David Miller, Naseem Shah
Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott
Northern Superchargers: Dwayne Bravo, Wahab Riaz
Oval Invincibles: Sunil Narine, Rilee Rossouw
Trent Rockets: Colin Munro
Birmingham Phoenix: Matthew Wade, Kane Richardson
Southern Brave: Quinton de Kock
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MORE ON TURKEY'S SYRIA OFFENCE
Results
6.30pm: Baniyas (PA) Group 2 Dh195,000 1,400m | Winner: ES Ajeeb, Sam Hitchcock (jockey), Ibrahim Aseel (trainer)
7.05pm: Maiden (TB) Dh165,000 1,400m | Winner: Al Shamkhah, Royston Ffrench, Sandeep Jadhav
7.40pm: Handicap (TB) Dh190,000 1,200m | Winner: Lavaspin, Richard Mullen, Satish Seemar
8.15pm: Maiden (TB) Dh165,000 1,200m | Winner: Kawasir, Dane O’Neill, Musabah Al Muhairi
8.50pm: Rated Conditions (TB) Dh240,000 1,600m | Winner: Cosmo Charlie, Pat Dobbs, Doug Watson
9.20pm: Handicap (TB) Dh165,000 1,400m | Winner: Bochart, Richard Mullen, Satish Seemar
10pm: Handicap (TB) Dh175,000 2,000m | Winner: Quartier Francais, Fernando Jara, Ali Rashid Al Raihe