What is the education cost index that determines school fee hikes?

  • Date: 03-Apr-2024
  • Source: Khaleej Times
  • Sector:Education
  • Country:UAE
  • Who else needs to know?

What is the education cost index that determines school fee hikes?

Published: Wed 3 Apr 2024, 3:27 PM Last updated: Wed 3 Apr 2024, 3:30 PM

If a family has a child attending school in Dubai, understanding the dynamics of tuition fee hikes can help them in managing their educational expenses effectively or selecting a school that aligns with their financial requirements.

Recently, private schools in Dubai were given the go-ahead to increase the school fees for the next academic year.

The Knowledge and Human Development Authority (KHDA), which is Dubai’s education regulator, on Tuesday announced an Education Cost Index (ECI) of 2.6 per cent, based on which schools can adjust their fees for the 2024-25 academic year.

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Here’s all you need to know about how these calculations are done that determine school fee hikes.

What is the ECI?

The Education Cost Index (ECI) is based on the annual audited financial statements of private schools in Dubai, which outline the operational cost of running a private school to offer a high-quality education and is calculated in collaboration with Digital Dubai Authority.

What criteria does KHDA consider when approving school fee adjustments under the School Fees Framework?

In Dubai, profit schools can increase their fees based on their