International schools to levy fees in EGP, issue non-negotiable -El Sherbiny
International schools have to collect their tuition fees in EGP and not in foreign currency in full accordance with the law, Education Minister El Helaly El Sherbiny reportedly said during a meeting with schools, according to Al Mal. El Sherbiny also said private schools need to abide by the 10% cap on foreign employees. Al Mal did not report on the schools’ response. Back in March, El Sherbiny has placed the privately owned International School of Choueifat and the American International School in Egypt under the Education Ministry’s administrative and financial supervision for charging in USD.
El Sherbiny’s statement are channelling complaints by middle-class parents and students who tell Ahram Online that not everyone who sends their child to an international school or college is wealthy. Against the backdrop of the ongoing AUC student protests, students claim that they are chaffing by paying USD tuition at a time when the currency has been devalued.