The Lomond School in Helensburgh, Scotland has launched a fully funded “Satoshi Scholarship”, expanding its experiment with Bitcoin from the payment desk to the center of school life.
The award will cover two years of tuition and accommodation at Burnbrae, the school’s dormitory, for one student who would otherwise struggle to secure such a scholarship without support.
Applications are open worldwide, with a deadline of May 24.
The course follows a year of rapid change at Lomond, which became the first school in the world to accept Bitcoin for the Autumn 2025 course. Some parents pre-paid fees in Bitcoin, and the school has started building a BTC fund funded by donations from supporters in the Bitcoin community.
School leaders describe this as the first step in a rescue plan that is built on sound financial logic and the long-term resilience that underpins Bitcoin’s nature.
BTC is now moving through the camp in real terms. Lomond uses its principles and several mining units, which support the Bitcoin network and provide heat in the classrooms.
The mempool display in the study and the library gives students and staff a window into network activity, turning the privacy policy into something they see during school hours.
The standard bitcoin policy
Along with hardware, the school is working with an economist Saifedean Ammousauthor of “The Bitcoin Standard,” to create a course that combines Bitcoin with the Austrian economy. The purpose of this course is to provide students with a thorough understanding of concepts such as sound money, time management and money making, developed by BTC.
Supporters see it as a way to prepare students for financial success, though some education administrators question how far a school should go to embrace a single financial concept.
These new courses sit on the line of those aspirations and the constant concern of acquisition. Day and boarding students from Senior 1 to Upper Sixth, are expected to attract mainly students starting the two-year International Baccalaureate in the Lower Sixth.
Candidates will face admissions checks and a means test, and the recipient is expected to be a role model and an active member of the campus.
Principal Claire Chisholm said the donations that have supported the scholarship reflect interest in the project from across the community Bitcoin community around the world.
For families and students with such an interest, the Lomond experiment provides an opportunity to learn in an environment where debates about money, technology and the future of finance are part of everyday life and not a distant topic.
More information and application details are available at the school website.
