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Nagpur Education

BKVV pleads financial crunch

by TLN Team June 28, 2021June 28, 2021
written by TLN Team June 28, 2021June 28, 2021
BKVV pleads financial crunch

Deprived over the non-payment of school free by more than 700 parents Bharti Krishna Vidya Vihar School has been facing a financial dilemma since the lockdown was imposed by the centre to curb the COVID-19 situation in the country.

Earlier on June 22 The Live Nagpur informed that BKVV has taken a big step and has issued a letter to the parents regarding postponing further classes of all the students until the fees matter is resolved.

The letter issued by the school administration on June 21 read “We also express our gratitude to those 800 parents who, in spite of confusion created by newspapers regarding the payment of fees, came forward and paid their fees and thus helped us to pay the part salaries of our teachers and other employees till now. But more than 700 parents still have not yet paid any fees for the Academic Session 2020-2021 and the school is now facing difficulties in meeting further expenditure for the coming months”.

In a reply to the Education Officer on the postponement of online classes, BKVV notified important points.

BKVV in their letter informed that around Rs 8.60 crore was expected in the academic year 2020-21, but only Rs. 3.84 crore which means that only 45% of the fees have been received by the school and Rs. 4.76 crore, i.e. 55% is still due. Apart from this, Rs. 0.55 crore is due of the year 2019-20.

The lockdown which was imposed by the government has disrupted the employment of the parents of some of the students in our school. On October 7, 2020, School administration had asked all the parents that those who are unable to pay the fee should apply for concession in school. And after receiving a total of 22 applications and conducting personal examination of all the financial documents, the school on January 23, 2021 waived off about Rs. 7.50 lakh tuition fees.

The school management also appealed that the management must not be held responsible for the fact that only 22 parents applied with financial documents after 3 to 5 months of suggestions.

According to the Supreme Court order, schools have the full right to recover the remaining 85% fee by deducting only 15%. We can only waive 10% of fees if we combine our school costs and expected fees the letter reads.

The schools have been asked to collect the fee in six installments. However we appealed parents to deposit the installment according to their convenience.

The school has not deprived any student who has logged in to online or offline education in the academic year 2020-21. Also, no student was deprived of the exam or the result of the exam. Also, the school has not given Transfer Certificate to anyone as the fee for the academic year 2020 21 has not been paid.

The school authority had suggested that if not possible for the parents to pay the fee then they can opt for depositing Post Dated Check by fixing the installments as per their convenience.

Although the Supreme Court has stated that parents are expected to pay the full fee for the academic year 2021-22 the school authority has waived off 10% fees for the academic year 2021-22 for those who have paid the full fee in the academic year 2020-21.

The school does not deprive any student of 10th or 12th class from CBSE board examination or result.

Nearly 700 parents of the school have not paid any fee. In addition, about 600 parents have paid incomplete fees. In addition, there are 256 RTE students in the school. But the government has not paid the fee of 2.00 crore. In such a situation, the question of how to pay the teachers and non-teaching staff of the school in the academic year 2021-22 has become serious. Therefore, the school management has no choice but to postpone the start of the school’s academic year 2021-22 session.

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