Lomond School Becomes First in UK to Accept Bitcoin for Tuition Payments

Lomond School in Scotland is set to make history as the first educational institution in the United Kingdom to accept Bitcoin for tuition payments, marking a significant step in the broader adoption of digital assets in traditional sectors.

Starting from the autumn term in 2025, families will be able to pay school fees using Bitcoin through two FCA-registered service providers—CoinCorner and Musquet.

The school plans to initially convert incoming Bitcoin payments into British pounds but has also revealed ambitions to gradually build a reserve of the cryptocurrency over time.

The decision was driven in part by increasing interest from international families and education agents seeking more flexible and borderless payment options.

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Lomond’s new approach reflects a rising trend in financial innovation within the education sector, as institutions explore ways to accommodate the growing global crypto economy.

Although crypto remains a relatively small part of the broader payment ecosystem, Lomond’s move aligns with a wider European push toward regulated adoption of digital assets. The school’s willingness to integrate crypto into its operations could pave the way for similar moves across the region.

As Bitcoin continues to gain ground in both mainstream finance and consumer payments, Lomond School’s leap into the digital currency world signals a shift in how traditional institutions are adapting to the future of money.

Alexander Stefanov