The research problem addressed in this study focused on the students' assessment issue. Although the assessment of student learning should form part of the curriculum of school programs, many educational institutions do not make student assessment part of their teaching and learning routines. A holistic and integrated framework, which encompasses an interdisciplinary approach, to determine the cumulative added value of education was developed. The study adopted value chain and stakeholders' analysis and expectations perspectives and the concepts of key success factors (KSFs) and key performance indicators (KPIs). Information technology (IT) is added and considered as an enabling factor. The framework was put into context to take into consideration the environment surrounding the education institutions and schools. The adopted framework would enhance the students' assessment system and improve the overall education system. The framework is flexible to the extent that it could easily be adopted in different local, national and global contexts in which pertinent value chains could be developed.