Lesson in cold, hard cash for aspiring Harrow pupils
Money is no object for parents aspiring to have their children attend the Harrow International School.
The school's top executives yesterday said the first batch of HK$600,000 debentures had sold out. But the HK$3 million capital certificates, which give candidates top priority, were still available. Parents can also choose to pay an annual levy of HK$50,000 on top of school fees, which is proposed will range from HK$106,600 to HK$145,000. The school's English parent counts Lord Byron and Winston Churchill among its alumni.
Harrow International chief operating officer Mark Hensman said the prices - among the highest in a city known for its expensive international schools - were necessary because the co-ed boarding school was completely self-funded.
But he stressed that the school was 'a school for everybody' instead of 'only for elites and the wealthy'. The school plans to open in September next year.
So far, more than 1,000 parents have expressed interest in having their children enrolled. Hong Kong branch headmaster Mel Mrowiec said 300 children had been tested so far, with some awarded a place. He said scholarships, to come from 10 per cent of fee income as well as private donations, would be provided to children who showed leadership potential.
Henderson Land vice-chairman Peter Lee Ka-kit is among private donors who contributed an unspecified amount to the school. Lee said he hoped that good students from grass-root families, as well as his three sons born through surrogacy, could attend the school.
Hensman stressed that all children must pass admission tests regardless of how much their parents have paid the school.