The idea behind this scheme is to enable independent schools to accept funds from parents who might wish to provide for future school fees from a lump sum provided to the school. For example, a parent might want to take advantage of discounts offered by schools for the payment of schools fees in advance.
A school need not worry about providing advice to parents in order to accept lump sums as professional services will provided on its behalf.
Those schools in membership of the Independent Schools Bursars Association (ISBA) are eligible for the scheme and the minimum qualifying investment is £25,000.
Call us or enquire on line for further information.