pre-feasibility report for cbse residential school project by st. george knanaya church, bangalore....
TRANSCRIPT
Pre-feasibility Report For CBSE Residential School Project
By
St. George Knanaya Church, Bangalore.(Research and Development Wing)
Presented toH.G. Kuriakose Mor Ivanios , Metropolitan,
Knanaya Arch Diocese
Introduction
The aim of education should be to teach us, rather, how to think,
than what to think – rather, to improve our minds, so as to enable us
to think for ourselves, than to load the memory with thoughts of
other men. Education is what remains after one has forgotten what
one has learned in school. Education would be much more effective
if its purpose was to ensure that by the time they leave school every
boy and girl should know how much they do not know, and be
imbued with a lifelong desire to know it.
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Synopsis The strength of the structure lies in its foundation. School Education is therefore
rightly regarded as the base depending on which one’s life structure takes shape.
This realization has resulted in the increasing demand of good schools in India. The
corresponding rise of Indian schools to meet the demand of the growing population
has also accelerated the competition among the Schools in India. And this is true for
all kinds of city schools like residential schools, day- boarding schools, primary
schools, secondary schools and the government schools.
Moreover new schools are also coming up across the cities and towns of India
because of the renewed emphasis in education in the emerging “knowledge
economy". But parents and guardians still face problems in choosing the right city
school for their ward. Some face the problem of plenty and others the problem of
scarcity. In India there are currently 25000 schools affiliated to the central board of
secondary education.3
St George Knanaya Syrian Church, Bangalore
Business Plan
To start a CBSE Residential School with admission for the academic
year 2011-12 onwards. Initially to start as boy’s only residential
school from 4th to 8th standard only with one section each. Minimum
100–150 students targeted to join in the 1st year. More sections to be
added as per demand. Each class not to have more than 30-40
students.
Every year to add 1 more standard and the first batch of 10th
standard will pass out in the academic year 2013-14
Senior Secondary (Standard 12th) will pass out in the academic year
2015-16
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Unique Selling Point A full fledged Dayara to be established in one part of the campus along with
chapel. This would be headed by a Dayara Priest deputed from our Samudhayam.
The head of the Dayara would also double as the Administrator of the School who
would work in tandem with the principal to look after the progress of the school and
also be the representative of the Samudhayam in school matters.
Spiritual needs of Christian students and spiritual education and development
along with imparting our unique Knanaya culture and traditions would be met by
the Dayara.
Just like the Jesuit brothers’ schools, we would stand to gain parents trust with the
presence of the Dayara monastery and the students would also imbibe true
Christian values, integrity and humbleness. Knanaya parents would be doubly
benefitted as our unique culture and traditions can be imbibed by the students at a
young age.
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Fee Structure
Most CBSE non residential schools in Bangalore charge
around Rs. 35000/- to Rs. 80000/- per year
CBSE residential schools in Bangalore charge around
Rs. 80,000 to Rs. 150,000 per year
International Residential Schools in Bangalore charge
between Rs. 2 Lac to Rs.3.5 Lacs per year
We propose to start by charging around Rs.80,000 to
1,00,000/- per year including boarding and lodging which
places us in the affordable category of CBSE residential
schools
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Important Points in setting up CBSE Residential School (Legal)
A trust has to be registered under the societies registration act 1960,as an educational charitable or religious society having non proprietary character
List of members with addresses occupation qualification and an affidavit stating how the members are related to each other to be submitted
The trust should be a Non Profit trust who will not distribute profits to members
Recognition from the Karnataka state government or an English medium school to be obtained along with NOC
At least 2 acres of land is required. However we shall have 5 acres of land registered in the name of the trust as promised by The Knanaya Foundation, Bangalore.
After completing all the above formalities, an application for approval of middle class syllabus to be made to the CBSE Board along with NOC from state government on or before 30th June, 2010, for starting academic session for 2011-2012
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Location & Land Details As a part of "Knanaya World City" , the School will be located off the Bangalore – Hindupur
state highway (SH – 9) situated just 4 kms away from Thondebhavi, on the Thondebhavi - Manchenahalli Road. Total distance from Bangalore City centre is 65 Kms.
There is enormous scope for development in this area due to its proximity to the New International Airport (BIAL) at Devanahalli (33 Kms), the forthcoming eight lane Satellite Town Ring Road (STRR), the 220 feet Peripheral Ring Road (PRR) , bisecting Bangalore - Hindupur Highway at Doddaballapur (SH- 9).
Also proximity to Tondebhavi Railway station (4 Kms) ensures good connectivity to Bangalore City.
The Knanaya Foundation has promised to give five acres of land to the Samudayam free of cost , provided a project is undertaken on this land. Hence this land may be utilized for setting up the school and five acres is more than adequate for a full fledged residential school.
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Proposed Location
Construction Planning It is proposed to undertake the construction in two phases, where 1st phase would be
required for start up which will cater to a strength of 300 students, and the second phase to be taken up in the year 2014-15 which will cater to a full strength of 600 students.
The area statements and other details are as follows-
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Particulars Phase-I Phase-II
Construction Start Date March 2010 March 2014
Class Rooms and Lab Block 7500 Sq ft 4500 Sq ft
Dining / Kitchen/ Dorms/ Library & study/ staff quarters Block
12000 Sq ft 12000 Sq ft
Gym, Badminton, TT, Block 5000 Sq ft 5000 Sq ft
Total Construction Area 24500 Sq ft 21500 Sq ft
Equipment & Utility Planning CLASSROOM
Sufficient furniture in the form of aesthetic and ergonomically comfortable chairs and desks, black boards and white boards, cupboards, soft boards.
LIBRARYA well stocked library with a minimum initial stock of 1500 non text books and subscriptions to at least 15 magazines and periodicals are required for start up. Subsequently the number of books should increase to 5 books per student at least.
GYMNASIUM and SPORTS EQUIPMENT – OUTDOORTwo play grounds, one for cricket exclusively and one for football combined with a four hundred meter athletic track, high jump and long jump pits, Basketball court, Volley ball court, twin clay Courts for tennis, Horse riding track on the School perimeter etc.
INDOORBadminton court with cushioned wooden flooring will be provided along with Table tennis and a gymnasium.
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Equipment & Utility Planning Cont… Laboratory equipment - Laboratories viz. Physics, Chemistry , Biology, Computer science with
suitable equipment shall be provided
Audio visual room with a projector and screen, DVD Player speaker system with air-conditioning
One portable T.V and DVD player for classroom use
Sound system for the auditorium
School bus: 32 Seater 2 numbers
One Bolero SLE 8 Seater shall be provided for office use
Infirmary / sick room: equipment for first aid and a well stocked cupboard of essential tablets
and syrups
Kitchen equipment and mess hall - to cater to the food requirements of 600 students /staff 4
meals per day
Residential facility and furnishing - bunk beds, cupboards, tables and chairs, cupboards, clothes
rack
Power Backup - DG set 100 Kva + 100 Kva
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Marketing and Promotions Target Market
Children of Cash Rich Agriculturists from the rural regions of Andhra Pradesh, Karnataka, Punjab and North East States like Mizoram, Tripura etc. who would want to send their children into Christian Institutions for education.
Our schools will also target Knanaya families settled outside Kerala as well as those working in the Gulf. We shall not be marketing Christianity as is our policy as of old, but we shall be imbibing the Nazarene Values of life based on love, faith & hope as advocated by Yeshu the Nazarene.
Target Audience & Approach Parents of young boys in these regions and we shall address this audience in a convincing manner
initially through Churches, Temples and/or local bodies in the rural set ups. While this could be done through advertisements directed towards the target audience in the conceived
markets, it is too very expensive in the initial stages to do so. Therefore we shall have to resort to some unconventional methods of approaching them local bodies, churches, temples etc.
Machinery for this approach We need to create small machinery consisting of a marketing team of 2 or 3 to do this on a continuous
basis. They could take the help of our Bishops and Leaders too.
OR As we have understood, there are some agencies in the educational segment that would place the
required students from our market segment into our school at a cost, per student. We need to check on this cost.
We could think of this method in the initial years of our school until we come of age on our own credentials.
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Financial Planning
Project Cost (Fixed Assets)
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Particulars Phase-I Phase-II
Building Area 24500 Sq ft 21500 Sq ft
Class Rooms and Lab Block 7500 Sq ft 4500 Sq ft
Cost per Sq ft 800.00 1200.00
Cost of Building 216 Lacs 278 Lacs
Cost of outdoor games fields, courts & tracks 20 Lacs 20 Lacs
Furniture and Fittings (For staff quarters, dorms, class & study rooms and office)
37 Lacs 45 Lacs
Kitchen equipment and dining hall furniture 7 Lacs 14 Lacs
Library Books and furniture 6 Lacs 10 Lacs
Gym and sports equipment 5 Lacs 5 Lacs
Laboratory equipment 7 Lacs 14 Lacs
Vehicles and DG set 21 Lacs 24 Lacs
GRAND TOTAL 319 LACS 410 LACS
Source of Funds – Phase I Loans of Rs. 1,00,000 each to be raised from 319 people
Like minded Knanaya people who proudly want the progress of the community and
who are convinced about the project will contribute
Repayment will be made in 5 installments from the end of second year of operations
onwards.
Interest will be paid at par with Bank FD rates – say 7% p.a and will be paid out of
revenue surplus which is available from 2nd year itself
Principle repayment will come out of internal generation of profits and from deposit
raised from students
Once the school reputation leads to large admissions, we will start collecting
refundable interest earning deposit from all new admissions to the tune of Rs.
1,00,000/- each. We plan to do so from the 3rd year of operations. We expect 100 new
admissions every year and this deposit will be repaid only when the student leaves the
school. In short, at the end of 6 years we would have around Rs. 6.00 crores as
deposits.
The School will not collect any capitation fees or donations
Phase II will be funded out of these student deposits, and if required out of a bank loan
to be raised in 2014-15
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Revenue Model and Projections
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Particulars 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017
No Of Standards 4th to 8th 4th to 9th 4th to 10th 4th to 11th 4th to 12th 4th to 12th
No of Students 100 200 300 400 500 600
No Of Classes 5 6 9 12 15 18
No of Teaching Staff 8 9 14 18 23 27
No of Non-Teaching Staff 8 9 10 12 14 18
Yearly Fees (Including Boarding) * 0.80 0.85 0.90 1.00 1.10 1.15
Total Fee Collection (A) * 80 170 270 400 550 690
Expenses
Teaching Staff Salary * 14 17 27 37 52 66
Non-Teaching Staff Salary * 5 5 7 10 12 17
Food and Kitchen Expenses* 14 29 47 69 95 125
Admin, vehicle, electricity, R & M , telephone exp etc.* 12 26 41 60 83 104
Operational Expenses viz Housekeeping, sports, library etc *
12 26 41 60 83 104
Interest on Loan / deposit * 23 23 23 61 60 55
Total Expenses (B) * 80 126 186 297 385 471
SURPLUS (A) – (B) * 0 44 84 103 165 219
Conclusion - Finance
The projections show that there is a cumulative surplus of over Rs. 6.15 crores at the end of 6 years. Further we would have deposits from around 600 students amounting to another Rs. 6 crores. Hence the project is extremely viable and will be able to repay all loans taken for Fixed assets within 6 academic years.
The risks involved are many, i.e. to find startup funds through loans, to generate the required admissions and to find dedicated manpower. All these risks can be mitigated through active involvement of our Bishops, Priests and leading members of our community.
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Project Conclusion A system of organization managed by professionals along with need base
involvement from the side of the church is definitely a workable solution
The success of failure of a venture depends on integrated thought processes
towards a common goal. The ultimate aim of every decision needs to be the good
of the school.
Untoward interferences as well as personal agendas need to be left behind. A fair
clear and transparent system of management needs to be established.
Our only aim behind setting up an organization needs to be very clear-the welfare
of the community. This should not turn into a business venture of any person or
persons.
This is definitely a daring venture , however, as the saying goes,
“Dare to dream ,Strive to achieve”
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