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Scottish private schools 'heading off' credit crunch concerns

Posted on 22nd September 2008

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The credit crunch is failing to have the detrimental effect on private schools in Scotland that had been expected, it has emerged.

According to the Times, the Scottish Council of Independent Schools (SCIS) has seen an annual drop of just one per cent in the number of pupils attending institutions in the private sector.

This is despite fees rising between four and six per cent in most independent schools as well as economic difficulties across the UK.

Deputy director of SCIS Sarah Randell attributed this to the high standard of education and care on offer in the independent sector, the paper reports.

She added that those who are concerned about funding their child's education should ensure they plan early and speak to an independent financial adviser, as well as look into the possibility of gaining a scholarship or obtaining a bursary.

Imminent changes to the Competition Commission guidelines, with a new public benefit test due to be introduced soon, has seen more money being dedicated to means-tested bursaries by private schools recently.