Secondary School making 75% profit - help?

SuperHan

I was looking at taking a gcse as a private candidate with AQA. Their website makes it clear that it will be difficult to find a centre which will take a private candidate, and if they do, it will cost considerably more than the quoted AQA fee, so this is standard practise.

It has a admin burden too, as they will have to extract your results from the schools results before reporting to LEAs etc, and will have to make your results available for you and receive certificates on your behalf etc.

You are unlikely to find somewhere else cheaper. Unfortunately, you need to do your research before making payments! Think of it as you were happy to pay that amount for the qualification, and nothing's changed. It doesn't matter how that cost breaks down.

MamaMoo_2

They are perfectly right in that they are not a charity.
How often do you call an electrician/plumber/builder out to do a job, and he only charges you for costs incurred? Never.
How often do you think the price you pay for a service reflects the price it costs? Rarely, if ever, as people don't work for free.
You are paying for a service, they are providing it. You are no longer a state funded student, and therefore will not be eligible for the perks that those students get, including free and simple access to all necessary aspects of sitting the exam.
You, however, do not have the perks of a government funded education program, so will have to shoulder the costs which you were advised of in the contract you entered into.

mattyprice4004

I hope one of your IGCSEs is maths, as 75% profit on £37.80 is not £120.

Also, business with costs in making profit shocker!

bod1467

(120 - 37.80) / 120 = 68.5% gross margin.

arcon5

What's an IGCSE ? Is it different to a GCSE, if so how?

WTFH

arcon5 wrote: »

What's an IGCSE ? Is it different to a GCSE, if so how?

It's actually an iGCSE, sponsored by Apple.

Question 1. Do you own an iPhone/iPad/iPod? Ans: Yes/No
Question 2. Have you hear of an iPhone/iPad/iPod? Ans: Yes/No

Grading is as follows:
0-49% = A
50% = A*
51-99% = AA
100% = AA*

Where an A is a pass.

MamaMoo_2

bod1467 wrote: »

(120 - 37.80) / 120 = 68.5% gross margin.

Unless they are including the reg fee too, in which case it would be
((150-37.80)/150)*100 = 74.8%, or 75% rounded up

bod1467

Indeed. So perhaps it is Matty who needs to brush up on his Maths skills?

ThumbRemote

arcon5 wrote: »

What's an IGCSE ? Is it different to a GCSE, if so how?

It's an international GCSE. It's different, but not sure how.

whatmichaelsays

What does the OP feel is an acceptable margin for a business to make?