If you’re a parent in the UAE and you’re worried about the increased cost of living, we have some good news for you. A load of schools in Dubai have lowered their fees for the next academic year.
Some of the discounts have been pretty dramatic, actually. For example, Horizon International School has slashed fees for Year 11, 12 and 13 students by 33%.
Meanwhile, Evolvence Knowledge Investments (EKI), which runs Foremarke School Dubai and Repton School Dubai, has also lowered its fees. Foremarke’s fees will be 10% cheaper for FS1 to Year 6 students, and Repton has lowered fees by an average of 10% in its senior school.
Indeed, the CEO of EKI recently called on other schools to lower their fees so that parents had access to quality education for their kids at more affordable prices. It should be noted, however, that Repton is still one of the most expensive schools in Dubai.
Regardless, a further 22 other schools in Dubai, meanwhile, have frozen fees, and other schools are seeking permission to lower their fees from the KHDA.
All of these changes will be reflected in fees for the 2018-2019 academic year.
Naturally, that prices are either staying the same or going down will come as a relief to a lot of parents. The newly introduced value-added tax (VAT) may not apply to school fees, but parents are still finding that educational costs are increasing. Books, stationery, and uniforms are all subject to the 5% tax, meaning that budgets are being stretched.
Plus, fees have been on an upward trend over the past few years. Not-fot-profit schools (those most preferred by parents as money tends to be funnelled into better facilities and teachers) saw fees rise by 5.4% for the 2017-2018 academic year. And over the course of five years, fees have risen by 32.3%.
Indeed, over the last six years, school fees across Dubai have risen by an average of 41%. And the biggest increase was seen in the 2016-2017 academic year.
That a load of schools are now deciding to slash fees, or at least freeze them, should be a pretty welcome development.