SL | Standard | Academic Year/s | Projected students | Approved annual fee per student | Projected Total income |
---|---|---|---|---|---|
1 | Nursery or Equivalent |
2024-2025, |
150 |
Annual fee
:51,760 One time fee from new student :8,000 Refundable Fee : 5,000 Total fee :64,760 |
89,64,000 |
2 | UKG or Equivalent |
2024-2025, |
150 |
Annual fee
:51,760 One time fee from new student only :0 Refundable Fee : 0 Total fee :51,760 |
77,64,000 |
3 | Standard I |
2024-2025, |
160 |
Annual fee
:55,280 One time fee from new student only :0 Refundable Fee : 0 Total fee :55,280 |
88,44,800 |
4 | Standard II |
2024-2025, |
160 |
Annual fee
:55,280 One time fee from new student only :0 Refundable Fee : 0 Total fee :55,280 |
88,44,800 |
5 | Standard III |
2024-2025, |
160 |
Annual fee
:55,760 One time fee from new student only :0 Refundable Fee : 0 Total fee :55,760 |
89,21,600 |
6 | Standard IV |
2024-2025, |
160 |
Annual fee
:55,760 One time fee from new student only :0 Refundable Fee : 0 Total fee :55,760 |
89,21,600 |
7 | Standard V |
2024-2025, |
160 |
Annual fee
:55,760 One time fee from new student only :0 Refundable Fee : 0 Total fee :55,760 |
89,21,600 |
8 | Standard VI |
2024-2025, |
120 |
Annual fee
:57,280 One time fee from new student only :0 Refundable Fee : 0 Total fee :57,280 |
68,73,600 |
9 | Standard VII |
2024-2025, |
120 |
Annual fee
:57,280 One time fee from new student only :0 Refundable Fee : 0 Total fee :57,280 |
68,73,600 |
10 | Standard VIII |
2024-2025, |
120 |
Annual fee
:57,280 One time fee from new student only :0 Refundable Fee : 0 Total fee :57,280 |
68,73,600 |
11 | Standard IX |
2024-2025, |
120 |
Annual fee
:60,240 One time fee from new student only :0 Refundable Fee : 0 Total fee :60,240 |
72,28,800 |
12 | Standard X |
2024-2025, |
92 |
Annual fee
:60,240 One time fee from new student only :0 Refundable Fee : 0 Total fee :60,240 |
55,42,080 |
13 | Standard XI (Science Stream) |
2024-2025, |
50 |
Annual fee
:70,200 One time fee from new student only :0 Refundable Fee : 0 Total fee :70,200 |
35,10,000 |
14 | Standard XI (Arts Stream) |
2024-2025, |
35 |
Annual fee
:70,200 One time fee from new student only :0 Refundable Fee : 0 Total fee :70,200 |
24,57,000 |
15 | Standard XI (Commerce Stream) |
2024-2025, |
35 |
Annual fee
:70,200 One time fee from new student only :0 Refundable Fee : 0 Total fee :70,200 |
24,57,000 |
16 | Standard XII (Science Stream) |
2024-2025, |
50 |
Annual fee
:70,200 One time fee from new student only :0 Refundable Fee : 0 Total fee :70,200 |
35,10,000 |
17 | Standard XII (Arts Stream) |
2024-2025, |
35 |
Annual fee
:70,200 One time fee from new student only :0 Refundable Fee : 0 Total fee :70,200 |
24,57,000 |
18 | Standard XII (Commerce Stream) |
2024-2025, |
35 |
Annual fee
:70,200 One time fee from new student only :0 Refundable Fee : 0 Total fee :70,200 |
24,57,000 |
On analysis of the proposal and the reply to the queries, the following is observed:
1. The projected salary expenditure is 8.64 Cr. and even after increase by 20% than total projected expenditure will be 10.34 Cr. in salary. There is no outstanding expenditure of salary is not shown in the balance sheet of previous year.
2. As per existing system capital expenditure against infrastucutre is borne by OIL India Ltd. Secondly, in the new class, Bal Vatika, there will be additional students and the school will get additional income from the new students.
Considering the above the FRC decided not to enhance fees for the year 2024-25. The same fee structure of 2023-24 will continue.