CHINA EDUCATION GROUP HOLDINGS LTD.: Tuition Fees and Boarding Fees In Favor of

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Analyses:

The education management of the institution adjusted the tuition fees between 0% and 25% among various programs on an annual basis to be in favor of students and that of the institution, the school does these to be meeting up with the academic standard of the institution. With the help of the tuition fees and boarding fees, the Institution can be able to provide its facilities at all cost and when needed. Annually, the tuition fee adjustment is determined by the school management teams to take consideration of operating costs and market conditions, which after will be communicated to the general public.

Higher Education Institution Tuition:


Jiangxi University of Technology; the tuition fee for the academic calendar 2018/2019 with RMB 16,000 while the boarding fee RMB 23,000 appeared to be almost in the previous academic calendar 2017/2018. The Bachelor's degree programmes tuition fee reduced with RMB 15,000 as to be compared to the previous 2017/2018 RMB 1,600. The boarding fee appeared to be the same in 2018/2019 and 2017/2018 academic calendar with RMB 20,000.


Guangdong Baiyun University; the tuition fee of the institution is RMB 19,000 with a boarding fee RMB 30,000 in 2018/2019. The Bachelor's degree programmes tuition fee RMB 19,000 in the same year. The Junior college diploma programmes tuition fee RMB 30,000 is the same to be compared to 2017/2018 academic session while the boarding fee is the same with RMB 1,500 in previous academic calendar 2018/2019 and 2017/2018. The Continuing education programmes tuition fee is about RMB 3,000 and it is the same to be compared to 2017/2018 while the boarding fee RMB 6,000 is also the same.


Chongqing Translators University; the tuition fee is RMB 13,000 as of 2018/2019 academic session while in the previous year it had about RMB 17,000 which proves a decrease in fee. The Bachelor's degree programmes had about RMB 12,000 tuition fee while in previous year as RMB 17,000.


Guangzhou Songtian University; the recent tuition fee is RMB 23,000 which decreased from the previous year 2017/2018 academic session with RMB 25,000. The Bachelor's degree programmes had about RMB 19,500 in recent year as to be compared to previous year 2018/2017 academic session with RMB 21,500 while the boarding fee appeared to be RMB 1,500.


Shandong Quancheng University; the tuition fee of the institution is about RMB 11,000 to be compared to RMB 14,800 in 2017/2018 academic session. The Bachelor's degree programmes had about RMB 11,000 recently than to be compared to RMB 14,000 in previous years.


Songtian Polytechnic College; the institution is recently paying RMB 13,500 as a tuition fee while in previous year 2017/2018 was about RMB 16,500 which roves a decrease in recent year.


Student Academic Calendar Achievement:

It is to be noted that the institution operates in nine schools with six higher education institutions and three vocational education institutions, having a total enrollment of 170,098 students, up 40.2% from enrollment as at August 2018. The high level of increase in student enrollment is attributable to the organic growth in students enrolled in the existing schools as well as the four new schools joining the Group during the year ended in 31 August 2019 academic session.


Conclusion:

The education institution group is in view to supporting government policies on higher education system sector, the group will continue to expand its school portfolio by having an additional independent colleges, private universities and higher education institutes in Chinese local and open regions without fear or favor. Despite the group M&A focus being in China, they will continue to look for oversea opportunities which would not only enlarge the operation coverage but also conducive to the synergy development of the PRC schools. For group to achieve fast and sustainable growth, they will also continue to expand their school network to achieve economies of scale as well as excellence and create value in schools societal environment.


Source:

https://www.marketscreener.com/news/latest/China-Education-ANNUAL-REPORT-2018-2019--29748846/

https://www.oecd.org/china/Education-in-China-a-snapshot.pdf

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