- Apr 4, 2014
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R676,306 for model C school also sounds very high. My eldest is going to grade 5, her school fee for the year is R7500. Times 12, that's under a R100k. Take into account yearly increase, I'd say roughly about R200k max. Add hostel fees and I still don't see I'll be halfway to their totals. Of course, I know the inland schools is much more expensive than what we're used to along the coast.
Upper-income former Model C school
Quoted from the article:
"Sending your child to private school from grade R to grade 12 in South Africa will cost you around R3.7 million, according to the City Press.
The newspaper calculated the figure based on a child who starts school in 2016 and leaves matric in 2028.
Stationery, uniform, and boarding costs were included in the figure, with the annual schools fees based on the rates of a private school in Johannesburg."
What a skewed and absolute BS "info" piece!! This private school cost used is the absolute "worst case scenario" cost. A private school like Curro will cost a fraction of that.
Yeah, strange how the author chose "around" instead of "up to". It costs me R11.5 for 2 kids at private school for this year. But that's tuition only. Now I'm not going to add in the extras for books and other stationary, or food and accommodation, because you'll have to pay that no matter what school you're sending your kids to. (Also, I'm going to assume a R0 public school fee, so that this is really "how much more would it cost to send a kid to private school" figure).
Now, taking a 10% escalation per annum for the 12 years, the figure comes to R246k. So that's R123k more per kid. I wonder which schools were used to obtain the "Average fee-paying school" value of R253k for 1 child.
Anyway, it's quite clear the article can be taken with a healthy pinch of salt.
Those fees are incredibly good. Which private school are you using if I may ask?
You highlighted R3.7million then you said it cost you R11.5, is that Million or thousand?