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With Monthly Tuitions of up to US$ 2,960, Market of High End Schools Grows
04/09/2018 - 10h33
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LAURA MATTOS
FROM SÃO PAULO
While the Brazilian economic crisis made private schools, ranging from simple to the traditional ones, give discounts in their tuitions and face delinquency as well as students changing to cheaper or public schools, the market of high end schools rose in the country with monthly tuitions of up to R$ 10,000 (US$ 2,960).
This segment will have the most awaited launch in August, when the classes at Avenues São Paulo school will begin.
Founded in New York in 2012, this school will house in its São Paulo campus in Cidade Jardim (west zone) a building of 40,000 square meters which can hold up to 2,100 students - US$ 50 million (R$ 170 million) was invested in its construction.
Seven hundred students have already made reservations. The monthly tuition is likely to range between R$ 9,500 (US$ 2,810) and R$ 10,000 (US$ 2,960).
A new venture of SEB group (Sistema Educacional Brasileiro - Brazilian Educational System), Concpet, with R$ 7,500 monthly tuitions, disclosed the following statement on the day of its inauguration in February: "The most innovative school is coming to life today. It will forestall everything that all other schools will become."
In the São Paulo unit, which can hold 900 students, the renovation of the building on Nove de Julho avenue, in Jardim Paulista (west zone), cost R$ 75 million.
The school's website says that the school was created not only to "break all paradigms in Brazilian education," but it also has a "three-language" program, considering English, Portuguese and "digital fluency" as a third language.
Avenues/Divulgação | ||
In São Paulo, a building of 40,000 square meters which can hold up to 2,100 students |
Translated by THOMAS MUELLO