Education Budget
  • What Is the cost of Education In Bali?

    Schools in Indonesia are either government or private. Indonesians tend to favor state schools, which usually offer a higher quality of education (but not always). Parents will often put their children in private elementary schools and then look for a good state school for secondary education. Basic educational costs are not that high. It is uniforms, books and the like that add up. Moreover, schools without exception, request additional payment from parents. It is these additional payments that we cover (and of course, all the basics as well).

    For budgetary and planning purposes we are allocating an average $300 a year for each child. The breakdown of this budget and how it will be spent is shown below.

    Actual costs are recorded and will eventually be shown on the web site against each child. After our annual audit the budget for each child will be adjusted based on actual expenditure during the past year.

     

  • Education Budget Estimation

    Our policy is to continue to put the children through school at the institution they attended before the bomb blast, or in the case where the child is going into junior or senior high or even university, at a standard Indonesian school. Each school has different fees. We provide for basic education fees, uniforms, shoes, school bags, books, stationary supplies, extracurricular activities and tutorials.

    As most of the children go to school in urban areas, the costs are somewhat higher than for schools in rural areas (and the facilities offered are greater). Please see the accompanying chart for specific costs and how much each child will still need to finish their education through university.

     

    YKIP/YKIDS Education Budget Jan - Dec 2009

    Level of School Kindergarten (TK) Elementary School (SD) Junior High School (SMP) Senior High School (SMU) University
    Grade 1 / year 2,818,200 3,485,397 4,722,192 5,850,205 11,000,000
    Grade 2 - next / year 1,818,200 2,485,397 3,182,192 4,325,205 6,000,000

     

    YKIP/YKIDS Education Budget Jan - Dec 2010

    Level of School Kindergarten (TK) Elementary School (SD) Junior High School (SMP) Senior High School (SMU) University
    Grade 1 / year 2,987,292 3,694,521 5,005,523 6,201,218 11,660,000
    Grade 2 - next / year 1,927,292 2,634,521 3,373,123 4,584,718 6,360,000

     

    YKIP/YKIDS Education Budget Jan - Dec 2011

    Level of School Kindergarten (TK) Elementary School (SD) Junior High School (SMP) Senior High School (SMU) University
    Grade 1 / year   4.840.842 5.885.000 6.473.500 14.078.553
    Grade 2 - next / year   3.663.842 4.354.900 4.708.000 8.466.092

     

    Description Amount
    Estimation of funding required 2003-2026 Required 4,883,817,121
    Expenses 2003- through Desember 2008 Paid 1,045,972,513
    Interest 2003- through December 2008 Received 615,443,418
    Available Funds as of 31 December 2008 Funded 4,719,542,170