ESF Kindergarten Fee in 2009/2010

popolung

Just got this from ESF Kinder today, FYI. Should be a good news to those who just got in ESF Kinder.
================================
25 March 2009


Dear Parent,
ESF International Kindergartens

School Fees for the 2009-10 Academic Year

After consultation with stakeholders through various established committees, ESL Directors have reached a decision on the level of fees for the next school year. Given the continued economic uncertainty in Hong Kong and across the globe, it has been decided that fees will remain unchanged for the 2009-10 academic year at:


HK$51,000 per year ($5,100 x 10 months)


The view that we have taken is that close management of some key expense areas will enable us to maintain our financial position without increasing fees. This includes a decision taken by the Directors not to increase salaries for any staff groups across ESL. Such a view is not without risks: when the economy eventually recovers we are likely to see a rebound in inflation, but the uncertainty around the length and depth of the current economic downturn has led us to be sensitive to the market conditions and avoid imposing any additional costs on parents at this time.


Thank you for your continuing support of ESF International Kindergartens.

[ 本帖最後由 popolung 於 09-3-26 14:38 編輯 ]

X-Mum

Anyone knows if school fee for ESF primary will remain unchange too?

popolung

原帖由 X-Mum 於 09-3-26 17:23 發表
Anyone knows if school fee for ESF primary will remain unchange too?

see this ESF minutes:

http://www.esf.edu.hk/index.aspx?nodeid=963&langno=1&UID=347&isArchive=False&Page=1&parentNode=997

3-7 SCHOOL FEES


The Chief Financial Officer provided information to give an awareness of the thinking processes around school fees.
He presented a table of comparison with other schools and their movement on fees.
Considerations to be taken into account include:


Economic situation;
Funding for further educational improvement;
Impact of any fall in enrolment;
Change of fees structure possibility such as a tiered structure for IB;
Impact of freezing of fees on expectations (the need to avoid a stop-start approach).


The Chief Executive Officer pointed out that building maintenance in particular had suffered during the years of no fee increase.


The Chief Financial Officer demonstrated the variations to income produced by a 1% increase in fees through to 5%.
The Chief Executive Officer felt it wise to leave the final setting of fees until early April in view of the considerable economic uncertainty which continued to prevail.


A range of points and suggestions was made in discussion including the desirability of parents having as much notice as possible of the following year’s fee increase.
An article from ‘The Standard’ newspaper was introduced which stated that the ESF Chairman had made a comment which implied that ESF parents would find it easy to cope with a fee increase.
The Chief Executive Officer commented that the article contained a number of contradictions.
She was confident that the Chairman and the Board were concerned about the affordability of ESF school fees for parents.