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Fee assistance

Having no financial endowments, the School has limited resources from which it can offer bursaries. A range of factors is considered in making the awards and there are no statutory rules. As a result, the number and size of bursaries can vary considerably. In exceptional circumstances awards of 100% have been made but the normal range is between 20% and 80% of fees.

In all cases, the level of a School Bursary is determined by the extent of financial need and, to allow this to be assessed, applicants are required to complete a Bursary Application Form, available from the Bursar, which provides information on the family and documents total income and capital assets. In exceptional cases full bursaries may be available. Where no financial need can be established, no bursary will be granted.

Bursary awards are available to children at any stage, and are intended to facilitate access for new pupils or to assist existing pupils where there has been a significant change in financial circumstance, such as loss of income, which threatens the pupil’s continued attendance at Craigclowan. Bursary applications for existing pupils may be made at any time during the school year.

In the case of applications for pupils new to the Main School, parents should request a Bursary Application Form from the Headmaster at the time of submitting the Application for Admission Form and this should be received by the School on or before the first day of the term preceding proposed entry.

The Bursary Application Form requires details of the family income both earned and unearned and regular commitments such as mortgage payments, insurances and loans. Information on other dependant children in the family is required with details of associated expenses if in full time education or their income if employed. This is intended to provide a clear picture of the family's position in order to allow the Bursary Applications Committee, consisting of the Headmaster, Bursar, Chairman of the Board of Governors and the Governor with responsibility for finance, to make a fair assessment of financial need. In advance, parents may wish to have a short meeting with the Bursar so that the process may be fully explained and understood. If required, help is available to complete the form.

Following assessment of the information provided in the application, the Bursary Applications Committee decide whether support is appropriate and upon the level of such support. Unsuccessful cases may be the result of either lack of evidence of financial need, or insufficient availability of bursary funds. Where the number of applications received creates the possibility of bursary funds being oversubscribed, account will be taken of the degree to which the pupils will benefit from the academic nature of the curriculum and the extra-curricular facilities and opportunities available at Craigclowan.

There is no course of appeal following the award decision but unsuccessful applicants may re-apply in subsequent years.

Bursary awards are deducted from the tuition fees. No direct payment of funds is made to the parent.

Bursaries are normally awarded on the basis that assistance will be maintained for as long as the pupil remains at Craigclowan. However, this ongoing funding is subject to annual review of the need for financial assistance. Where such review reveals that the family's financial circumstances have improved sufficiently, the bursary may be reduced or withdrawn.

In some cases, awards may be granted for a limited period, subject to review. This often applies where a family has experienced a temporary change in their financial circumstances. In all cases awards are conditional upon the pupil making reasonable academic progress and maintaining good standards of behaviour and may be withdrawn in the event of consistent breach of School rules or serious misconduct.

Where the financial position of the family changes, the School expects the Bursar to be notified and this may lead to a review of the amount of the bursary award being granted. From time to time parents of children receiving bursaries may be requested to confirm that there has been no significant change in their financial position.

THE MARK TAYLOR EDUCATIONAL TRUST BURSARIES

Effective from March 2012

Purpose

To provide financial assistance to parents of existing children at Craigclowan whose circumstances have changed since entry to the school to the extent that the pupil would no longer be able to benefit from a Craigclowan education. The Trust is keen to help families where the shortfall in fees may be of a temporary nature or where assistance required may be long-term. The size of each award will vary depending on financial need and the availability of funds.

Process

Each year the trustees will advise The Headmaster of the level of financial resources available for dispersal in the following academic year.

Parents should complete the School’s Bursary Application Form and submit it to the Bursar for presentation at a Bursary Committee meeting. Should the Committee decide that it is unable to award sufficient funds, and with the consent of the applicants, the application may be recommended to The Mark Taylor Educational Trust by The Headmaster for consideration. The trustees, who will receive the full application, will then make an assessment of the application and notify The Headmaster of their decision.
Bursaries will normally be awarded on the basis that assistance will be maintained for as long as the pupil remains at Craigclowan. However, this ongoing funding is subject to annual review of the need for financial assistance. Where such review reveals that the family's financial circumstances have improved sufficiently, the bursary may be reduced or withdrawn.

In some cases, awards may be granted for a limited period, subject to review. This often applies where a family has experienced a temporary change in their financial circumstances. In all cases awards are conditional upon the pupil making reasonable academic progress, playing a significant part in the wider life of the school and maintaining good standards of behaviour, and may be withdrawn in the event of consistent breach of School rules or serious misconduct.
Where the financial position of the family changes, the School expects the Bursar to be notified and this may lead to a review of the amount of the Bursary being granted. From time to time, parents of children receiving bursaries may be requested to confirm that there has been no significant change in their financial position.

It is not the intention of the School or the trustees of The Mark Taylor Educational Trust to divulge the names of those children who have benefited from its support without the express permission of parents or guardians.

The Mark Taylor Educational Trust. Scottish Charity No: SC037706

The Joint Educational Trust offers support for children aged 7 – 13 and further information can be accessed at
www.jetcharity.org

Information regarding other educational trusts can be obtained from the Educational Trust’s Forum
www.educational-grants.org

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