Study finds finances of school teachers severely impacted due to coronavirus

A study has found that coronavirus pandemic has impacted finances of teachers, especially those who work in low-fee schools. According to study conducted by Central Square Foundation, teachers are facing financial problems as y are t receiving full salary because of revenue model of schools getting affected by ongoing health crisis that has resulted in closure of institutions and n-payment of fees by parents. 

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"Nearly 50% of teachers didn’t receive ir salary for March despite schools closing only in mid-March. Less than 20% of teachers from private schools continued to receive ir salaries after March. A few teachers in Telangana have found or means to earn ir ws in interim, including agriculture work, enrolling in MGNREGA programs, and manual labour. School service providers rely on school fee cycle and timing of closure has affected ir revenues," report titled 'State of Sector Report: Private Schools in India' said. 

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report furr stated that low-fee schools have seen a significant impact on revenue due to school closures, examination postponement, and widespread n-payment for this period. While private school reported collecting fees during lockdown, 25 percent of parents said y have been paying fees during this period. As per reports, more than 50 percent of school owners surveyed have uncollected fees, to tune of Rs. 4 lakh to Rs. 4.8 crore, due from previous year, accounting for 13 percent to 80 percent of annual revenue.

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'Financial distress may continue'

According to study, financial distress for schools will continue even after re-opening as y anticipate a drop in enrolments. A significant proportion of parents surveyed say y may have to switch schools for coming academic year. Enrolment in private schools may decrease in short term as some parents might enroll ir children in government schools for this academic year.