Section 8. Factors for determination of fee

The following factors shall be considered while deciding the fee leviable by a school, namely:- (a) the location of the school; (b) the infrastructure made available to the students for the qualitative education, the facilities provided and as mentioned in the prospectus or web-site of the school; (c) the education standard of the school as the State Government may prescribe; (d) the expenditure on administration and maintenance; (e) the excess fund generated from non-resident Indians, as a part of charity by the management and contribution by the Government for providing free-ship in fee or for other items under various Government schemes given to the school for the Scheduled Castes, the Scheduled Tribes, Other Backward Class and Special Backward Class students; (f) qualified teaching and non-teaching staff as per the norms and their salary components; (g) reasonable amount for yearly salary increments; (h) expenditure incurred on the students over total income of the school; (i) reasonable revenue surplus for the purpose of development of education and expansion of the school; and (j) any other factor as may be prescribed.