Arundel School Hikes 2nd Term Fees To $11 000

Arundel School in Mt Pleasant, Harare has hiked second term school fees up to $10 800 local currency or US$2 455, for full borders.

A letter dated 12 April 2019 and signed by one D. Hoto, Chairman of the Board of Governors and Trustees of the school reads in part:

Re: Term 2/2019 fees

On behalf of the Arundel Board, thank you to all who attended the fees meeting on Tuesday 9 April 2019. Although we continue to operate in an uncertain environment, the school must continue to operate well.

The letter then states the approved fees for the second term which are as follows:

  1. Day scholar – RTGS$6 600.00 or USD1 500.00
  2. Weekly Border – RTGS$8 900.00 or USD2 023.00
  3. Full Boarder – RTGS$10 800 OR USD 2 455.00

The letter further states:

The budget and fees for the second term were set in RTGS dollars however, parents requested to be given the US dollar equivalent amount that could be paid.

It was agreed that those paying the full fee in US dollars, as shown above, will not be subject to a Top-up during the term.

However, for those paying in RTGS dollars, the school will charge a Top-up during the term if necessary.

Wishing you all a blessed Easter.

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RTGS DollarsMt Pleasant

Zimbabwe RTGS Dollars are a Zimbabwean currency introduced on 20 February 2019 by the Reserve Bank of Zimbabwe. At introduction, the currency consisted of existing RTGS balances in bank accounts, Bond Notes cash and Bond Coins. The introduction of the RTGS Dollars was announced by... Read More About RTGS Dollars

Mount Pleasant is a residential suburb in the northern part of Harare, Zimbabwe. It is the home of the University of Zimbabwe, Mount Pleasant High School, North Park Primary School, Groombridge Primary School, Harare International School and Northwood Seventh Day Adventist School. There are two... Read More About Mt Pleasant


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One Comment on “Arundel School Hikes 2nd Term Fees To $11 000

  1. What is the reason of hiking the US$, US$ should remain fixed what should hike is the RTGS$ in relation with current exchange rate.

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