Pre-feasibility Report For CBSE Residential School Project By St. George Knanaya Church, Bangalore. (Research and Development Wing) Presented to H.G. Kuriakose.

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.

2St George Knanaya Syrian Church, Bangalore

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


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.


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


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


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.


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-


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.


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


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.


Financial Planning

Project Cost (Fixed Assets)


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


Revenue Model and Projections


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.


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”


The St.George Knanaya Church, Bangalore, prayerfully and humbly

submit this report, praying that God bless us all and the prayers of

Mother Mary and all the apostles and saints be with us all at all times.


Pre-feasibility Report For CBSE Residential School Project By St. George Knanaya Church, Bangalore. (Research and Development Wing) Presented to H.G. Kuriakose.

Documents

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residential schools

secondary schools

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