Financial support for schools
Since the start of the pandemic, the ISC and member associations have taken steps to support schools who have been financially impacted by the effects of COVID-19.
We have been working in partnership with the legal firm VWV to update guidance for schools on mergers and acquisitions. You can read the online booklet 'School Transactions: Mergers, Acquisitions and Disposals' as well as a short addendum on COVID-related issues.
Mergers and acquisitions can provide economies of scale, offering a route to schools who are in financial difficulty and, as the guidance makes clear, might also be an option pursued from a position of strength as part of implementing a long term vision for the school. The document contains checklists and legal explanations which schools may find useful.