The Bermuda Education Act 1996 requires that only three categories of schools can operate in the Bermuda Education system:
An aided school has all or a part of its property vested in a body of trustees or board of governors and is partially maintained by public funding or, since 1965 and the desegregation of schools, has received a grant-in-aid out of public funds.
A maintained school has the whole of its property belonging to the Government and is fully maintained by public funds.
A private school, not maintained by public funds and which has not, since 1965 and the desegregation of schools, received any capital grant-in-aid out of public funds. The private school sector consists of six traditional private schools, two of which are religious schools, and the remaining four are secular with one of these being a single-gender school and another a Montessori school. Also, within the private sector there are a number of home schools, which must be registered with the government and receive minimal government regulation. The only boys' school opened its doors to girls in the 1990s, and in 1996, one of the aided schools became a private school.
Warwick Academy, one of the oldest schools in the western hemisphere, is in the parish of Warwick, Bermuda.
Prior to 1965, the Bermuda school system was racially segregated. When the desegregation of schools was enacted in 1965, two of the formally maintained "white" schools and both single-sex schools opted to become private schools. The rest became part of the public school system and were either aided or maintained.
At present there are 26 schools in the Bermuda Public School System, 18 of which are primary schools, five are middle schools, two senior schools (The Berkeley Institute and Cedarbridge Academy) and one special school. An Alternative Programme is provided for students with behavioural challenges who cannot function in the public mainstream. There is one aided primary school, two aided middle schools, and one aided senior school.
For higher education, the Bermuda College offers various associate degrees and other certificate programmes. Bermuda does not have any four-year colleges or universities. Bermuda's graduates attend four year Universities in the United States, Canada, or England.
In May 2009, Bermudian Government's application was approved to become a contributory member of the University of the West Indies (UWI). Bermuda's membership enabled Bermudian students to enter the University at an agreed upon subsidised rate by 2010. UWI also agreed that their Open Campus (online degree courses) would become open to Bermudian students in the future, with Bermuda becoming the 13th country to have access to the Open Campus.