Bursarie question

Independent Schools as an alternative to Grammar

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Samemily
Posts: 5
Joined: Wed Oct 22, 2014 12:14 pm

Bursarie question

Post by Samemily »

My daughter has been awarded an 80 percent bursarie for the first year. However, they will reassess it after a year. Has anyone had any experience where the bursarie were considerably reduced after the first year? We are concerned that we won't be able to afford to send her if the bursarie is reduced so would rather not send her than take her out of the school after a year. Any experiences welcome please!
scary mum
Posts: 8860
Joined: Mon Mar 15, 2010 3:45 pm

Re: Bursarie question

Post by scary mum »

Have you asked the school? Usually a bursary only continues if the pupil performs as expected/required. In other words they have to have rules in places as a carrot/stick.
scary mum
Samemily
Posts: 5
Joined: Wed Oct 22, 2014 12:14 pm

Re: Bursarie question

Post by Samemily »

We were going to ask the school after the results of the further scholarship exam day as she has also been shortlisted for a possible academic scholarship. We have no idea how this will affect the bursarie we have already been given if she is successful. Thought I would just ask on here, before I ask the school following the result of the scholarship exam.
NLMum27
Posts: 106
Joined: Wed Jan 07, 2015 8:49 pm

Re: Bursarie question

Post by NLMum27 »

Hi there,
The usual way that schools operate is that the bursary is reassessed to ensure your financial situation hasn't changed, annually. If it has then the bursary would be adjusted accordingly, if not it should remain the same. I would clarify the details of this with the school however.
No school would want a system whereby children were forced to leave part way through, so they won't adjust it for no reason.
kenyancowgirl
Posts: 6738
Joined: Mon Oct 21, 2013 8:59 pm

Re: Bursarie question

Post by kenyancowgirl »

Crossed with NLMum27 but....

A bursary is purely based on parental income/outgoings (ie means tested) and, therefore, has to be reassessed every year as, for example, you could be unemployed the first year and then win the lottery the second. Usually, any scholarship award is on top of the bursary so, in theory, you could get the equivalent of a "free" place (with the caveat that this usually covers tuition, not necessarily all the costs associated with school).

In practice, unless you expect your income to suddenly shoot up, then it is likely that the bursary will remain about the same level - however, there is always the chance that the bursary pot in the school will be reduced and less will be available generally, across the school (they cannot guarantee to offer the same level of bursary across every year, even if your income didn't change, things in the school might). in practice, in that sort of situation, most schools tend to try and main the bursaries they have already awarded and the effect is felt more with new entrants to the school.

Scary mum is tight that all bursaries and scholarships carry "conditions" - if a child is not performing at the expected level - or, in the case of some scholarships, contributing to the wider school life, the money can be withdrawn.
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