INVESTING IN POTENTIAL: The Financial Viability of Low-Fee Private Schools in South Africa
08 Jul 2015, by CDE
Low-fee private schools (officially known as ‘independent schools’) are growing rapidly in South Africa. The interest of corporate and philanthropic investors in ‘affordable’ independent schools has given rise to key questions: Is it worth investing in low-fee independent schools? How financially viable are they? What is needed to ensure they offer quality education and are financially sustainable?
This report outlines the findings of CDE’s analysis and modelling of the financial viability of low-fee independent ‘stand-alone’ schools and chains of schools to determine the key factors that influence financial viability. CDE’s modelling points to the potential of low-fee independent schools to provide affordable, good quality schooling to poor communities on a sustainable basis.