PEF announces increase in monthly fees for partner schools

LAHORE: The 86th meeting of the Board of Directors at the Punjab Education Foundation (PEF) took place at the head office under the chairmanship of Dr Saeed Shafqat.

PEF Managing Director Shahid Fareed presented the agenda for board approval during the meeting.

Shahid Fareed informed the board members that since 2015, PEF has not increased the monthly fees for its partner schools. However, due to economic reasons and inflation, it has become imperative to revise the monthly fees received from partner schools from PEF on behalf of the students. The Board promptly approved the increase in monthly fees for PEF partner schools. PEF administration will now disburse Rs650 per student per month for students in nursery to Class 2, Rs700 for Class 3 to 5, and Rs800 for Class 6 to 8 to the partner schools.

The meeting also addressed other crucial agendas, including the presence of key stakeholders and board members. Secretary Literacy and Non-Formal Basic Education Syed Haider Iqbal, along with board members Asma Waziri (Education Specialist), Basit Khan (Technocrat), and Saba Adil (Additional Secretary ER) from the School Education Department, Prof. Ayaz Khan, Dean of the University of Education, Muhammad Abid Razzaq (Senior Chief) from the Planning and Development Department and Arshad Dogar (Section Officer-Education) from the Finance Department attended the meeting.

Deputy Managing Director (Operations) Samina Nawaz, Deputy Managing Director (Support Services) Raja Muhammad Ashraf, Deputy Managing Director (FCRM) Muhammad Farooq and other senior officers from the Punjab Education Foundation also attended the meeting.

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