Schools raise over £20,000 by renting out spare parking spaces online
· An increasing number of schools across the UK are raising extra funding by renting out spare spaces in their car parks online - earning over £20,000 so far
· Over 20 UK schools are now taking advantage of the scheme offered by website JustPark - advertising a total of 600 parking spaces to their network of 1 million drivers
· Earnings for schools renting out parking spaces have increased by 50% this year, with JustPark becoming more popular as a cheaper alternative to pay-and-display
Schools across the UK are renting out spare space in their car parks to raise extra funding - with those institutions involved having made over £20,000 in additional income so far.
New figures released by JustPark - an app and website which matches drivers with available parking spaces - show that over 20 schools are now advertising their spare parking spaces through their platform, offering a total of 600 spaces that can be booked online by the website’s network of 1 million drivers.
Schools are charging drivers an average of £7 per day to use their parking spaces - but this price varies depending on location and proximity to nearby amenities. Some schools close to city centres, sports stadiums and music venues are making up to £15 per space per day.
Renting private parking spaces is increasingly popular with drivers looking for a cheaper alternative to overpriced pay-and-display car parks. Earnings for schools participating in the scheme are up by 50% this year as the number of bookings through JustPark has climbed.
St Richard Reynolds Catholic College in Twickenham has made over £2,000 through JustPark, renting out their spare parking spaces to rugby fans heading to the nearby stadium. The Rugby World Cup and the recent Six Nations competitions were particularly profitable events for the school, with dozens of ticket-holders booking spaces in their car park. The money raised goes towards a variety of facilities and resources for the pupils.
“We use it to provide those little extras that the school might struggle to find the funds for” said Treasurer for the school’s PTA, David Bernie. “Recent purchases have included a printing press for the Art department, brass instruments for Music and a silver cup that will be awarded to the house with the most merits each year.”
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