Institutions run by the English Schools Foundation (ESF) in Hong Kong plan to raise their tuition fees for new students in grade one by HK$17,000, or 20 percent, in 2016 when the government will start phasing out subsidies to the schools, Ming Pao Daily reported.
The move is part of ESF schools’ initiatives to boost revenues under a development plan for the next five years.
Other measures include holding more fund-raising activities and enhancing the asset management to boost the yields, Belinda Greer, ESF’s chief executive officer, was quoted as saying.
The ESF will also expand its business in the next five years. A fifth kindergarten will be opened in 2016, Greer said, adding that 103 additional teachers have been hired to support the overall expansion.
Meanwhile, on the issue of water safety, Greer said four ESF schools were believed to have slightly excessive lead content in their water.
The schools have halted the use of such water, she said, adding that an investigation is underway over the suspected contamination.
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