Over a third of private pupils now get financial help: Bursaries soar as parents struggle to afford rising fees

Bursaries at independent schools have soared in value by a fifth in three years as hard-up British parents struggle to pay soaring fees. This is from the Daily Mail… 

More than a third of pupils at independent schools are now getting financial support to continue their studies.

Means-tested awards have gone up by around £50 million since 2010 from £255million in 2010 to £303 million, including an increase of 6.7 per cent since last year.

Education experts said the figures, from the Independent Schools Council, showed private schools were having to help even wealthy British parents to afford private education for their children.

Instead they are becoming increasingly reliant on wealthy overseas students paying full fees.

The numbers of foreign youngsters attending fee-paying schools rose by 1.4 per cent between 2012 and 2013 – around 365 extra children – as the number of British students or those resident in the UK, fell by around 0.4 per cent, down around 1,893 children.

Chris McGovern, a former independent school headteacher and chairman of the Campaign for Real Education, said even lawyers and bankers were complaining of being unable to meet fees that average £27,612 for boarders and £12,153 for day pupils.

‘The increase in fees has been dramatic in the past 20 years and there is pressure on public schools, particularly those that are away from centres of affluence,’ he said.

‘The system is healthy but it is becoming reliant on the influx of money and pupils from overseas.’

Britain’s 1,223 private schools – which have 508,000 pupils – now hand out £303 million each year in means-tested bursaries, defined by the Good Schools Guide as ‘for helping out the impoverished but deserving and those fallen on hard times’.

More at:  Over a third of private pupils now get financial help: Bursaries soar as parents struggle to afford rising fees

See also: Private schools turn to foreign pupils as recession bites

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Private schools turn to foreign pupils as recession bites
Categories: Private Schools.

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