Private School Scholarships & Bursaries Explained in a Post-VAT World

Rising costs across the independent school sector—including VAT on fees and increased operating pressures—have led many families to question what financial support is still available. But despite these changes, bursaries and scholarships remain a significant part of school funding, with many institutions maintaining or even expanding their support.

Far from scaling back, schools are increasingly using bursaries to build diverse, balanced communities. In many cases, support is being redistributed more widely, with a shift towards partial bursaries that help more families rather than fewer full-fee awards.

How bursaries are changing

While the financial landscape has become more complex, overall support has not disappeared. Data from the Independent Schools Council suggests that fee assistance across the sector has continued to grow, with schools prioritising targeted support and more structured assessment of need.

Many schools are also becoming more selective in how bursaries are allocated, focusing on genuine financial need and sustainable long-term commitments. Existing pupils, particularly those approaching exam years, are often prioritised to ensure continuity of education.

Scholarships vs bursaries

It’s important to distinguish between the two. Scholarships are typically awarded for talent or achievement—academic, musical, sporting or artistic—while bursaries are means-tested and designed to support affordability. In many cases, families are encouraged to apply for both, as they can complement each other.

Some schools require a scholarship as a pathway to bursary consideration, while others assess bursary applications independently based on financial circumstances and school fit.

How applications are assessed

Bursary applications are usually reviewed alongside an external financial assessment. This process considers the broader financial picture of a household rather than a strict income threshold, taking into account assets, commitments and overall circumstances.

Each school sets its own criteria, and awards can range from partial support to full fee remission, depending on need and available funding.

Getting started

Experts recommend beginning research early, particularly in Years 4–5 for senior school entry. Families should review each school’s bursary policy carefully, as eligibility criteria, deadlines and levels of support vary widely.

The key message from schools is simple: don’t be discouraged from applying. Bursary support exists to widen access, and many schools actively welcome strong candidates who would benefit from their environment, regardless of financial background.