Lomond School in Scotland to Accept Bitcoin for Tuition Fees AllinCrypto April 14, 2025
Lomond School, a private boarding school in Scotland, has become the first school in the UK to offer tuition payments in Bitcoin while planning to launch a BTC and Austrian economics course.
The school attended CheatCode Con for a panel on Bitcoin in education where they announced a new curriculum created by Saifedean Ammous, the author of The Bitcoin Standard.
Lomond School based in Helensburgh, Argyll and Bute charges up to £38,000 per year in tuition for students to be able to attend the school.
Lomond School becomes first UK private school to accept Bitcoin
The Lomond School plans to accept Bitcoin payments for tuition fees. Reasons for the move include being able to accommodate changing fiat conversion rates and the school becoming open to the idea of crypto.
BTC payments will be open from August 2025 and that the decision for Bitcoin acceptance focused on an “ethos of independent thinking and innovation”.
Claire Chisholm, the Lomond School’s headteacher 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.”
The school has said transactions in Bitcoin will be done in a secure, transparent manner and abide by the UK’s financial regulations with tax compliance and anti-money laundering laws.
Saifedean Ammous, author of The Bitcoin Standard and a long-time advocator of cryptocurrencies will work with the school to create a new curriculum on Bitcoin and Austrian economics.
The Bitcoin Standard comes to the UK school
According to Ammous, material from the curriculum will be made publicly available worldwide. The Bitcoin Standard first published in 2018 dives into the economic philosophies behind crypto and Bitcoin compared to traditional fiat systems.
Similarly, the Stern School of Business at New York University launched its The Law and Business of Bitcoin and Other Cryptocurrencies course in 2014, making it the first crypto-related course in the US.
In 2015, Stanford University launched its own crypto course titled “Bitcoin and Cryptocurrencies”. With Lomond being the first in the UK to adopt not only BTC but a new course, we may see more adoptions in the near future.
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