Education ministry warns int'l schools against charging fees in foreign currencies

Ahram Online , Friday 2 Feb 2024

The Ministry of Education warned several international schools that charging fees in foreign currencies is a violation of the law after receiving various complaints from parents.


Egyptian Ministry of Education and Technical Education headquarters, New Administrative Capital

 

The education ministry noted that charging fees in foreign currencies for accrediting international certificates, exams, or data extraction is a violation of the Central Bank of Egypt regulations. 

The ministry noted that violating schools will be referred to the Public Funds Prosecution.

It further warned that any school proven to profit by charging additional fees in addition to the legally approved fees will be referred to the Supreme Committee for International Schools Affairs to be subjected to financial and administrative oversight, with the possibility of imposing penalties, including licence revocation.

The ministry's announcement came after parents complained to the Ministry's General Administration of Private and International Education that several international schools are charging fees for accrediting various types of international certificates (American, British, French, etc.) at values exceeding the legally approved values and in some cases charged in foreign currencies

 

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