English Schools Foundation (ESF) schools will open admission on Sept. 1 for grades one and seven for the 2015 school year, the last year of a government subvention scheme.
Beginning 2016, ESF schools will no longer receive annual subsidies from the Hong Kong government worth HK$200 million (US$25.8 million), Ming Pao Daily reported Thursday.
As a result, school fees are expected to increase at least 20 percent.
Annual fees for grade one and seven are estimated at HK$77,000 and HK$110,000, respectively, next year, rising to HK$95,000 and HK$140,000 in 2016.
Apart from school fees, all ESF students will pay HK$38,000 as non-refundable capital levy.
The increased fees are still relatively lower than those in other Hong Kong international schools but ESF schools can no longer be called “affordable international schools”, the report said, citing a parent.
ESF operates five secondary schools and nine primary schools. Demand for international school places in Hong Kong remains strong, the report said.
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