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Credit crunch beating scholarship tips offered

Posted on 20th October 2008

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As the full force of the economic crisis hits home, a number of parents are struggling to fund their children's school fees.

In light of this, the Telegraph has issued advice on how to go about obtaining a scholarship to finance a child's education.

According to the paper, the Educational Trusts Forum (ETF) provides advice for parents about which organisations that may be able to provide funds if parents are struggling to pay for the education of their offspring.

Grants are available based on a variety of specific requirements, such as the Mitchell City of London Trust for those who have worked or were born within the Square Mile, while the Actors' Charitable Trust supports the children of professional thespians.

Sarah Mulligan from the ETF told the news source: "Parents should not feel embarrassed about making an approach."

"These days, scholarships are much less about giving awards to clever children and much more about addressing social needs," she added.

Many private schools have recently allocated more money to their bursary funds in a bid to meet new Charity Commission guidelines.