FINANCING FOR SECONDARY SCHOOL EDUCATION: EVIDENCE FROM BHAKTAPUR DISTRICT OF NEPAL
It is a common problem almost throughout the world that secondary education institutions are financially bottlenecked, thus, being compelled financially to manage themselves from their own sources and resources. This study aims to assess the overall status of secondary schooling in terms of financing and cost by exploring the (re) sources and trends of financing to secondary education in Bhaktapur district of Nepal. Lined with the objective, a questionnaire was administered to collect the primary data. Both public or government-aided and private secondary schools making a total of 12.6 percent of the population were selected on the simple random basis for the survey. The comparison established that although the public schools were government-aided, the per-unit cost rate was much higher for them than for the private ones mainly because of the decreasing student enrolment rates at the former case but increasing student enrolment rates at the latter. It was also found that the total expenditure of the schools was primarily dominated by recurrent expenditure- below 79 percent and 89 percent respectively. It was also found that 20.5 percent of the expenditure was covered by the regular tuition fee in the former case whereas 99 percent of it was covered by the regular tuition fee in the latter case. Based on the findings, it has been recommended that, since the government fund alone would not be adequate to support the growing requirement of quality schooling, the institutions should seek the ways of promoting cost-sharing with the local government, communities and NGOs as partners. KEYWORDS- private school, Public school, recurrent expenditure, secondary education,