Eton College term. Although the School has often been cited as 'Eton of India' by media outlets such as BBC, Channel 4, "The Guardian", "Financial Times", "The Economist", "The Daily Telegraph" and "Forbes", it strongly eschews the label. In September 2014 Eton College helped establish Holyport College, a state-funded free school with boarding facilities. The school is located in Holyport, Berkshire and Eton College acts as the main educational sponsor of the school. Eton Colleges holds historic relations to Canford School in Dorset due to the school's association with John of Gaunt, 1st Duke of Lancaster whose legitimate heirs included Henry VI.
Eton College a higher value than the tax breaks it receives as a result of its charitable status. The fee for the academic year 2010–2011 was £29,862 (approximately US$48,600 or €35,100 as of March 2011), although the sum is considerably lower for those pupils on bursaries and scholarships. Eton co-sponsors a state sixth-form college, the London Academy of Excellence, opened in 2012 in the London Borough of Newham in East London, the second most deprived borough in England, and just over a mile from the Queen Elizabeth Olympic Park, the main venue for London's 2012 Summer Olympics. In 2015—2016, it had around