Parents whose children enter Year One at English Schools Foundation schools next year look set to be hit with a 22 per cent increase in school fees.
The South China Morning Post reported the fee hike was likely to be the result of the phasing out of the Hong Kong Special Administrative Region Government phasing out its annual HK$283 million subsidy.
It will see the current annual fee of HK$78,700 rise to HK$95,700. Parents also pay a non-refundable capital levy of up to HK$38,000.
ESF chief executive officer Belinda Greer said ESF would look at other ways to generate income, such as more fund-raising.
The ESF was created in 1967 and its network of five secondary schools, nine primary schools and a school for students with special needs across Hong Kong Island, Kowloon and the New Territories provides international education.
The ESF has just launched its new Strategic Plan: A Vision for 2015-2020.
It is holding Town Hall meetings to explain the plan.
The meetings will be held from 7pm to 8pm on September 24 at West Island School; October 5 at the ESF Centre and October 13 at Renaissance College.
Further details at http://www.esf.edu.hk
Photograph courtesy of Wikimedia Images