Brisbane Grammar School, the most expensive private school in Brisbane, has made over half a million dollars in application fees in 2023. Despite a cost-of-living crisis, the school saw an 85% increase in applications compared to before the COVID-19 pandemic, ensuring a healthy waitlist for the next decade. The school’s new STEAM precinct boasts state-of-the-art facilities including 15 lab spaces, art studios, and a 300-seat auditorium. With 1300 enrolment applications in 2023 at $500 each, the school is bringing in substantial revenue.
In addition to application fees, Brisbane Grammar School also collected $871,000 in confirmation fees in 2023. This non-refundable fee of $2850 is payable up to three years before a student’s entry and is not deducted from tuition fees. With about 300 new students joining in Years 5 and 7 and some in other year levels, the school is able to maintain a steady student population. The school currently caters to 1800 boys and received $54.86 million in tuition fees in 2023.
Chair John Humphrey acknowledged that school fees are the main source of revenue for Brisbane Grammar School. However, he noted that a high inflation rate and rising costs, including insurance premiums, are putting pressure on fees. Despite limiting fee increases to 4.5% in 2023, fees rose by 8% in 2024, with the annual high school fee now sitting at $32,760. The school is committed to providing high-quality education but is facing financial challenges due to increasing costs.
The school’s financial success is supported by its reputation for academic excellence and high-quality facilities. The increased demand for enrolment is a testament to the school’s popularity and perceived value among parents seeking the best education for their children. With a waitlist that extends for many years, the school is able to maintain its prestige and exclusivity within the Brisbane private school sector.
Despite the financial pressures, Brisbane Grammar School continues to invest in its facilities, such as the new STEAM precinct, to provide students with a world-class education. The school’s commitment to innovation and excellence is reflected in its state-of-the-art facilities and academic programs. The school’s ability to attract a high number of applications and maintain a healthy waitlist demonstrates its strong position in the competitive private school market in Brisbane.
As one of the most prestigious private schools in Brisbane, Brisbane Grammar School’s financial success and high demand for enrolment indicate its standing as a top choice for parents seeking a quality education for their children. The school’s ability to generate significant revenue through application and confirmation fees, tuition fees, and other sources is a testament to its reputation and popularity. Despite facing financial challenges, Brisbane Grammar School remains a leader in private education in Brisbane and continues to provide students with a superior educational experience.
