To support the Union Budget 2021-22’s vision of making education accessible and equitable, VIBGYOR Group of Schools, a leading chain of K-12 schools, has announced that it will not introduce any effective fee hike for the academic year 2021-22. The decision was taken to help parents continue providing high quality education to their children, as the nation battles the COVID-19 pandemic and resulting financial crisis.
The COVID-19 pandemic has impacted many families since the lockdown began in March 2020, as businesses were forced to close, and people lost their jobs. According to a statistics ministry report published in January, India’s Gross Domestic Product (GDP) is expected to contract by 7.7 per cent, in the financial year ending March 2021. This has created an additional strain on the economy and workforce, while the country attempts to rebound successfully from the pandemic’s effects. As the country recovers from the ongoing crisis with the launch of new vaccines against COVID-19, VIBGYOR is taking the step of waiving the effective annual fee hike for the academic year 2021-22, in order to extend support to families, and help them in ensuring learning continuity for their children. Accordingly, the tuition fee and other fee elements will remain unchanged for all current students, and the same will be offered to new enrollees across all VIBGYOR campuses.
Mr. Rustom Kerawalla, Founder Chairman, VIBGYOR Group of Schools, elaborated, “The Union Budget 2021-22 places great emphasis on strengthening the quality of education and making it equitable. As we emerge from the pandemic, the government is adapting various measures to make high-quality education accessible to everyone, and VIBGYOR has taken a step in this direction by announcing no effective fee hike for AY 2021-22. The decision has been taken to help parents ensure the best of education for their wards, even amid the financial crisis. In the upcoming year, we will continue to offer our signature high-quality learning, personalised approach to pedagogy, advanced facilities, and learning tools, to our current and new students across India.”
This moratorium is applicable to both, students who are already studying at VIBGYOR, as well as those who will enrol with VIBGYOR this year. While there will be no effective fee hike in AY 2021-22, VIBGYOR is taking measures to put extensive safety and healthcare protocols in place, as schools prepare to resume physical classes for Grades 5-12, in accordance with government guidelines. For Grades Primary-4, VIBGYOR will continue online classes, which include student discussions and other interactive and engaging activities, through Virtual Learning System (VLS).
About VIBGYOR Group of Schools
Founded in 2004, VIBGYOR Group of Schools, recognized as India’s Most Admired Brands in Education 2018, is a leading chain of K-12 schools known for its quality education and academic excellence. The Group offers a unique range of world-class educational services for the holistic development of students in curricular and co-curricular studies across all its schools. Under the leadership of Mr. Rustom Kerawalla, Founder Chairman of the institution, VIBGYOR Group, is set to explore new horizons with 40 schools in 14 major cities, reaching out to more than 55000 students nationwide. VIBGYOR High caters to the students from Grades 1 to 12, and VIBGYOR Kids to the Pre-Primary segment with a student-teacher ratio of 10:1 on an average. VIBGYOR High provides a mixed spectrum of national and international levels of education in affiliation with CISCE, CBSE and Cambridge International. VIBGYOR Roots and Rise offers CBSE Board curriculum. VIBGYOR Roots caters to Pre-Primary Division while VIBGYOR Rise caters to Primary and Secondary students with a student-teacher ratio of 15:1 on an average.