MUMBAI: The Central Board of Secondary Education issued an advisory on Friday asking its affiliated schools not to charge exorbitant fees from students. Schools have been warned not to misuse funds or earn profits. The institutions have also been asked to send their accounts’ statement to the board every year.
The advisory was issued after the ministry of human resource development (HRD) recently received several complaints from parents over the steep fee hikes and capitation fees charged by schools.
Taking serious note of the complaints, the advisory has asked schools to strictly adhere to the relevant bye-laws of the board and ensure proper functioning of the school management committee.
“It has been observed recently that there is a growing tendency among some institutions to make profit by raising fees under various heads. A large number of CBSE schools are not adhering to the provisions concerning tuition fees laid down in the affiliation bye-laws of the board, which are mandatory,” said the director affiliation, CBSE, in the advisory.
School managements have been told not to make profits or misuse funds. “Even though there is a need for the school management to generate sufficient financial resources to guarantee the continued existence of the institution to meet the running expenses of the school, to pay salaries to teachers and staff regularly at least at par with the corresponding categories in the state government schools and to undertake improvement/development of school facilities, the school management should not make profit or misuse funds,” reads the advisory.
It has also focused on warning schools against diverting funds. “If there are any savings after meeting the recurring and nonrecurring expenditure, contributions to developmental, depreciation and contingency funds may be further utilised for promoting the same institution,” stated the advisory.
“The accounts statement should be prepared as per rules and a copy each of the statement of accounts should be sent to the board every year as per by-laws,” it said.
Schools may also lose their affiliation if they violate any of these rules. “An audit of the school’s funds will be conducted by the CBSE, which may lead to the school’s disaffiliation,” it stated.