SL | Standard | Academic Year/s | Projected students | Approved annual fee per student | Projected Total income |
---|---|---|---|---|---|
1 | Nursery or Equivalent |
2024-2025, |
27 |
Annual fee
:55,500 One time fee from new student :48,000 Refundable Fee : 5,000 Total fee :1,08,500 |
27,94,500 |
2 | LKG or Equivalent |
2024-2025, |
25 |
Annual fee
:55,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,06,500 |
13,87,500 |
3 | UKG or Equivalent |
2024-2025, |
55 |
Annual fee
:55,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,06,500 |
30,52,500 |
4 | Standard I |
2024-2025, |
49 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
34,05,500 |
5 | Standard II |
2024-2025, |
45 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
31,27,500 |
6 | Standard III |
2024-2025, |
45 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
31,27,500 |
7 | Standard IV |
2024-2025, |
46 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
31,97,000 |
8 | Standard V |
2024-2025, |
52 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
36,14,000 |
9 | Standard VI |
2024-2025, |
43 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
29,88,500 |
10 | Standard VII |
2024-2025, |
43 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
29,88,500 |
11 | Standard VIII |
2024-2025, |
44 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
30,58,000 |
12 | Standard IX |
2024-2025, |
40 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
27,80,000 |
13 | Standard X |
2024-2025, |
40 |
Annual fee
:69,500 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,20,500 |
27,80,000 |
14 | Standard XI (Science Stream) |
2024-2025, |
13 |
Annual fee
:75,600 One time fee from new student only :48,000 Refundable Fee : 5,000 Total fee :1,28,600 |
9,82,800 |
15 | Standard XI (Arts Stream) |
2024-2025, |
3 |
Annual fee
:72,300 One time fee from new student only :48,000 Refundable Fee : 5,000 Total fee :1,25,300 |
2,16,900 |
16 | Standard XI (Commerce Stream) |
2024-2025, |
3 |
Annual fee
:72,300 One time fee from new student only :48,000 Refundable Fee : 5,000 Total fee :1,25,300 |
2,16,900 |
17 | Standard XII (Science Stream) |
2024-2025, |
16 |
Annual fee
:75,600 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,26,600 |
12,09,600 |
18 | Standard XII (Arts Stream) |
2024-2025, |
5 |
Annual fee
:72,300 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,23,300 |
3,61,500 |
19 | Standard XII (Commerce Stream) |
2024-2025, |
4 |
Annual fee
:72,300 One time fee from new student only :46,000 Refundable Fee : 5,000 Total fee :1,23,300 |
2,89,200 |
On analysis of the proposal as well as the replies to the queries, the FRC observed the following facts:
A) Salary estimated RS 1.24 cr in the budget. In reply to the query, the institution has mentioned that they have proposed 15% increase in the staff salary in comparison to the year 2023-24. On calculation, the FRC has observed that despite the proposed increase the salary expenditure will be around 1.10Cr.
B) Capital expenditure of Rs 90.00 lakh estimated which is higher side as the school has incurred capital expenditure in FY 22-23 of Rs 36.00 lakh
C) in the proposed budget for the year 2024-25, the school has an estimated cash surplus of Rs 12.48 lakh.
Considering the above the FRC has decided to enhance the fee structure by 8% for the year 2024-25 in comparison to 2023-24.