In a momentous decision, the Punjab Education Foundation (PEF) Board of Directors approved an increase in monthly fees in Punjab schools.
This decision will put an extra burden on the families of the students which were also hit by the soaring inflation rate in Pakistan.
This restructuring attempts to better meet the unique educational demands of different grade levels.
This decision, announced during the 86th meeting of the Board of Directors at the PEF’s headquarters, is a watershed moment in the education sector.
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These developments will improve the overall performance of the education sector. Now with a surplus amount, the school’s administration can put extra effort into the students’ studies by providing them with state-of-the-art facilities.
The decision to increase monthly fees is expected to have a positive influence on partner schools’ financial stability, allowing them to deliver quality education to students effectively and sustainably.
According to the latest decision, the PEF administration will distribute cash allocations to partner schools depending on the kids’ grade levels.
Updated Fee Structure
- The monthly fee per student will now be Rs650, beginning with nursery and continuing through Class 2.
- The authorized monthly fee for students in Classes 3 through 5 is Rs700.
- The students in Classes 6 through 8 will get Rs800 per month.
Notably, this decision also applies to partner schools in other cities around Punjab, including Lahore.
The 86th meeting, presided over by Dr. Saeed Shafqat, Chairman of the Board of Directors, demonstrated a collaborative effort to make informed choices that benefit partner schools and students.