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Private school fees exceeding 1 million TL have started to worry parents.

Private school fees exceeding 1 million TL have started to worry parents.

10.07.2024 08:50

Parents who are considering private schools for their children to receive a good education were faced with exorbitant prices this year. As private school prices have increased by 3 to 4 times compared to last year, parents are starting to think twice, and a high demand for public schools is expected.

With the start of the preference period in the High School Transition Exam (LGS), private school prices have come back to the agenda. There has been an increase of 3 to 4 times in private school prices compared to last year. The fee of the private German High School, which has increased by about 4 times according to the 2023-2024 Education and Training year, has also increased to 905 thousand liras. While 975 thousand TL is demanded for registration to Uskudar American High School, the tuition fee of Notre Dame de Sion French High School, which was 370 thousand liras last year, has increased to 953 thousand liras this year. The annual tuition fees of Koç Private High School and Private American Robert College are around 1 million 50 thousand TL.

Private school prices exceeding 1 million TL start to worry parents

THE EDUCATION FEE OF SCHOOLS WITH AVERAGE PRICES EXCEEDS 500 THOUSAND TL

Feyziye Mektepleri Vakfı Işık Schools, which have average prices, have a pricing according to kindergarten, middle school and high school. In FMV, kindergarten fees range from 340 thousand TL to 400 thousand TL for new students. FMV Işık Schools' primary school ranges from 240 thousand TL to 475 thousand TL and an amount of 260 thousand to 525 thousand TL is requested to enroll in high school. In addition to school registrations, a meal fee of 85 thousand TL is also requested.

Private school prices exceeding 1 million TL start to worry parents

AN ADDITIONAL INTEREST RATE OF APPROXIMATELY 5% IS ADDED TO THOSE WHO WANT TO PAY IN INSTALLMENTS

An additional interest rate of around 5% is added to almost all educational institutions for parents who want to pay in installments. The Ministry of National Education also made an announcement regarding private school fees. According to the information provided by the Ministry of Education, the figure reached by dividing the total of the Wholesale Price Index (WPI) and the Consumer Price Index (CPI), which is accepted as the inflation rate for the increase in private school fees, is only applied to intermediate classes. Private schools determine the education fees for students who will register for the first time and are generally considered as preparatory class themselves.

Due to the arbitrary nature of this year's price increases, it is expected that the number of students attending private schools will be low and the demand for public schools will increase.



 
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