
Lomond School – which charges up to £38,000 per year – said the move came after requests from some parents.
Tuition payments will be accepted in Bitcoin from autumn term this year, but these will initially be converted to UK pounds to “mitigate currency risk”.
The school said adopting Bitcoin aligned with its “ethos of independent thinking and innovation”. No other cryptocurrencies will be accepted.
Lomond School claims to be the first private school in the UK to accept cryptocurrency fee payments.
Head teacher Claire Chisholm said: “For generations, this school has nurtured inquirers, thinkers, communicators, and open-minded risk-takers.
“It’s really no surprise then that the inventor of the television, John Logie Baird, is a former pupil.”
Lomond was founded in Helenburgh in 1977 in a merger between the historic Larchfield School and St Bride’s School for Girls.
It accepts pupils from nursery at age three until 18 years old.
The school said every Bitcoin transaction would be “secure, transparent, and lawful”.
It said these would meet UK financial regulations, including anti-money laundering and tax compliance.
Bitcoin is a type of digital currency that is not controlled by centralised financial institutions.
Its price climbed in value in 2024, but it is extremely volatile and can rise and fall in value at the whim of buyers and sellers.
A good school. Unfortunately it is expensive and of course parents sending their children to Lomond pay many times.
And pay twice they do and more since a) they already pay for the local authority school b) then pay for the independent school and c) pay VAT and d) have seen over recent years charitable status removed from independent schools.
School results in WDC are near the bottom of the 300 or so secondary schools in Scotland. That is why some parents make the sacrifice to send their children to a good high achieving independent.
And not every parent wants to send their child to be schooled by Stonewall LGBT woke policies and uni sex toilets. But maybe I digress. There are no schools in Dumbarton with Uni Sex toilets or policies to oblige teachers to use special secret names for pupils of which the parents know nothing.
When it comes to giving children a start, education is an absolute key and maybe it’s time we considered state funded independent schools or other mechanisms for education delivery.
Or is parental choice wrong.