Lomond College in Helensburgh, Scotland has launched a completely funded “Satoshi Scholarship,” extending its experiment with Bitcoin from the funds desk into the center of college life.
The award will cowl two years of tuition and boarding at Burnbrae, the varsity’s boarding home, for one pupil who would battle to entry this type of schooling with out help.
Purposes are open worldwide, with a deadline of Might 24.
The scholarship follows a 12 months of fast change at Lomond, which turned the primary faculty on the planet to just accept Bitcoin for tuition from Autumn 2025. Some dad and mom already pay fees in Bitcoin, and the varsity has begun constructing a BTC treasury funded by donations from supporters within the wider Bitcoin group.
College leaders describe this because the early stage of a financial savings technique formed by concepts of sound cash and long run monetary resilience that run via Bitcoin tradition.
BTC now runs via the campus in additional literal methods as nicely. Lomond operates its personal node and several other mining models, which each help the Bitcoin community and provide warmth to lecture rooms.
A dwell mempool show within the examine and library offers college students and employees a window onto transaction exercise on the community, turning an summary protocol into one thing they see through the faculty day.
A bitcoin-focused curriculum
Alongside the {hardware}, the varsity is working with economist Saifedean Ammous, writer of “The Bitcoin Customary,” to construct a curriculum that blends Bitcoin with Austrian economics. The course goals to offer pupils a structured introduction to ideas akin to sound cash, time choice and capital formation, framed via BTC’s design.
Supporters see this as a approach to put together college students for a monetary system in flux, although some schooling watchers query how far a faculty ought to go in aligning itself with one financial thesis.
The brand new scholarship sits on the intersection of these ambitions and a extra grounded concern about entry. Open to day and boarding pupils from Senior 1 as much as Higher Sixth, it’s anticipated to attraction particularly to college students beginning the 2 12 months Worldwide Baccalaureate in Decrease Sixth.
Candidates will face commonplace admissions checks and a way check, and the eventual recipient can be anticipated to function a job mannequin and lively member of the varsity group.
Principal Claire Chisholm stated the donation behind the scholarship exhibits the extent of curiosity within the undertaking from throughout the global Bitcoin community.
For households and college students who share that curiosity, Lomond’s experiment provides an opportunity to review in an atmosphere the place debates about cash, expertise and the way forward for the financial system are a part of the day by day routine quite than a distant subject.
Extra info and software particulars can be found on the varsity’s website.
