Australia: Princess Academy to be subsidized by Church

Submitted by Minuteman on Mon, 2010-10-25 04:24

So much for all girl's schools responding to public demand. Link to article here. Excerpt:

'A BAILOUT from the Uniting Church will not save prestigious girls' school Annesley College from potential redundancies and lesson-sharing with other schools next year.

Yesterday, the Uniting Church revealed a last-minute reprieve for the financially-unstable school, vowing to underwrite the servicing of any loans required by Annesley to fund its normal operations for two years.

This has secured the future of the 108-year-old college until 2013, but its future beyond that date remains uncertain.

At present, the college will be operating on 307 enrolments for next year - short of the church's original offer to give the school $1 million to keep it operating providing it could guarantee at least 350 students.'

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