I honestly think the experience of attending Prague Film School will vary depending on the attendee's skill level, situation, background, outlook, etc.
Here is mine:
Expenses
I am an American who had never traveled outside of the country before coming to PFS. In the United States, it is very expensive to attend a university out-of-state for a reasonable price. The tuition price was ultimately less than it would have been for me to attend an out-of-state university for a year, so it was a good option for me. I was also using it as a gap year and not coming from partner study-abroad programs at Oberlin College, Northwestern University, or Sarah Lawrence College. In general PFS would be considered too expensive for what it offers. Before arriving in Prague I had not known of the general cost of public education in the Czech Republic. However, the tuition of this certificate program is similar to that of private, English-speaking universities in Prague such as Anglo-American University.
The school provided flat accommodation is also expensive. I wish I had done better research and opted to find my own student accommodation, which can go anywhere from $200 to $800 a month. You can't get anything nice with those prices, but I recommend choosing that route instead. The thought of trying to find housing in a foreign country sounded like a daunting task but it is actually quite easy if you know where to look. School flats are around $1,000 a month, which again sounded reasonable to me at first until I came to Prague and saw how cheap you can get some places here for. Although the flats are expensive, they are indeed very nice places and situated in great neighborhoods. I lived in Žižkov first semester, but moved to Karlovo náměstí second semester to be closer to school. Gorgeous locations with lots of things to do. One thing though is that they are situated in regular flat complexes and neighbors can complain about noise and usage of the elevators for moving equipment.
Production costs mostly fall onto one person, the director of the film. Filmmaking is expensive, and the costs of location, actors, costumes, props, transportation, craft services, outside crew hiring, and additional equipment rental quickly adds up. I've seen people make their projects with no-budget, and others with a big budget.
Teachers and Curriculum
This is the part of PFS that I think can most be improved on. Classes are around 2.5 hours each, with several classes in a day. The quality of teachers is very inconsistent, and there are some more than others you get more out of. Some teachers were not willing to go into the super technical aspects of filmmaking like codecs, color science, etc. Camera and lighting classes consisted of looking at examples of a certain technique and trying to recreate it. While it was super fun coming up with on the spot scenarios to practice with, these classes ultimately get too repetitive. Equipment protocol and crew protocol were the most valuable to the production phase of the semester. The elective classes are not taken seriously, and the optional Czech class was a Q&A on how to say certain words in Czech. Teachers and staff are mostly alumni of the school.
Production
This was my favorite and most note-worthy portion of PFS. They told us in the beginning we would be working on a lot of films throughout the year, and they were not kidding. This is an intensive program, with 12-hour long shoot days and even some overnights. I had the opportunity to explore every crew position, and even found a favorite one I could specialize in. Teachers are not hands-on during the actual filming, which is a positive and negative thing. Students organize and coordinate crew amongst themselves, which can often get hectic and stressful. If something goes wrong during a shoot, which it very much does most of the time, it's hard to get help. I thoroughly enjoyed every set I got to be apart of. It's stressful and hard work, but ultimately so worth it. A lot of students choose to hire outside equipment, crew, and actors. As a director casting actors for roles, the small pool of actors in PFS's acting program is sometimes not suitable. Some are not native English speakers and may have accents that don't fit your story. There is a large emphasis on cinematography and directing, which leaves editing and sound to be a bit neglected. Some older equipment shows wear and tear, but for the most part works okay. The school computers and software installed are not super updated, and has caused me some problems. It seems like this does get better with each new batch. I can't speak to the second-year, documentary, or acting programs.
School Environment and Culture
Every member of the staff, admin, and student body are welcoming kind individuals. In general, the school is well organized and ran via Alice platform. Students are comprised of a wide variety of nationalities, ages, and backgrounds. I loved learning about other cultures than my own. I have met such interesting people here and made life-long connections. School appointed events such as parties and screenings are held at nice venues.
TLDR: FAMU is probably better quality, but PFS is surely not a complete scam. Fast-paced, intensive, with loads of hands-on set experience. I do not regret attending PFS, but it may not suit everyone depending on your circumstances. I am personally someone who whishes for super technical theory knowledge, but I didn't quite get that here. In closing, PFS is an experience I will never forget.