ALDAR EDUCATION LAUNCHES INITIATIVES TO SUPPORT PARENTS
Abu Dhabi - UAE, 07 April 2020: Aldar Properties ("Aldar") announced today a new initiative that extends support to the families of all students enrolled in Aldar Academies and Cranleigh Abu Dhabi that are part of Aldar Education's portfolio. This initiative includes a 20 percent reduction in school fees and a refund of all payments made toward catering and transport expenses for term 3 of the current academic year, along with launching a fund to support families impacted by the current circumstances.
As part of this initiative, families will also have the option to pay the remainder amount of term 3 fees in instalments in the four-month period prior to the start of the next academic year in September 2020. Those who have already made the payment of term 3 fees in full will be credited the 20% discount against term 1 fees for 2020-21. Families also have the option of a 0% interest monthly payment plan for the school fees of the 2020-2021 academic year.
Additionally, Aldar Education is making an investment of AED 10 million toward technology and infrastructure to facilitate distance learning programmes and to cover for devices that were purchased and distributed to families who did not have the tools to deliver distance learning to their children. It is also establishing an 'all in this together' fund to support families who are expected to be significantly impacted financially by the current circumstances.
Commenting on the new initiative, Talal Al Dhiyebi, CEO of Aldar, said: "We promised, at the beginning of these difficult circumstances, that we will face them together. Everyone in the Aldar family is working tirelessly to explore methods that can help ease the burden on our people, customers, partners and the wider community. The newly introduced options for the Aldar Education community are not only an extension of this work but are also part of our commitment to contributing to the tremendous efforts that our wise leadership is putting to ensure that everyone in our society is supported during this challenging environment".