16/12/13
The School Board & The Head of School,
Oberoi International School,
Oberoi Garden City, Goregaon (E), Mumbai 400063.
Subject: Increase in 2014-15 Recurring Annual
Fee’s of Grade 1-to-10 existing students, & fee policy going forward.
Dear OIS Board Member’s & Dr. Kuskovski,
We’re collectively writing to you as parents of
Grades 1-to-10 existing students already part of the OIS family. We strongly
believe the increase in the Recurring Annual Fee announced on 11/12/13 is both
unexpected & excessive. Parents of students graduating from Grade 5 to
6 will have to bear a 35% increase!
While we agree OIS is one of the better
schooling options available to our children in this city, this increase on an
already high base is beyond our range-of-reason. We’re also very concerned
about the fee policy going forward.
We want a reasonable & predictable fee
structure that helps the school keep-up with inflation to continue providing
existing students at OIS the best education, at the same time is affordable
& within expectations of our initial budgets when our children started at
OIS. We're proposing the following options to achieve this:
1) Revisit the 35% increase for
existing Grade 5 students graduating to Grade 6. This is very steep & beyond a lot of our budgets.
2) Freeze the Recurring Annual Fee for existing
students. The school can
change its fee structure & policy for new incoming students to accommodate
any budget shortfalls this policy creates. Schools like Ecole Mondiale &
Ascend International have successfully implemented a similar approach.
3) Freeze for the next 3 academic years the
Recurring Annual Fee for existing students. Increase by 12.5% after 3 years, & freeze for
another 3 years. The school can change its fee structure & policy for new
incoming students to accommodate any budget shortfalls this policy creates.
4) Increase the Recurring Annual Fee for all
existing students by INR 20,000/year. The school can change its fee structure
& policy for new incoming students to accommodate any budget shortfalls
this policy creates.
5) Consider developing an alternate Corporate
Fee structure for parents whose corporations/employers are paying for their
children's fees. The American School has successfully implemented a similar
approach.
Our goal is to create a win-win agreement
between the school & the parents of the existing students at OIS. We would
like to propose a dialog with you to develop a mutually beneficial option.
Please let us know what day & time will
work so a group of us can meet you.
Signed,
Parents of Existing Students, Grades 1-to-10,
OIS
Request you to justify this steep fee hike. A 10-12% fee hike in a couple of years is doable for the parents. But if one has two or more kids studying here, with a 35% fee hike, it will be a sad situation!!