81 renowned and respectable families of the Terapanthi Community came together in the year 1915 and took a brave, wise, revolutionary and historical decision to come out from the pin pointed area of sector of the narrow religious field to the wide scope with nobler views and greater ideas to their valuable services for the social welfare of the community.
Accordingly, they contributed and established "Shree Jain Swetambar Terapanthi Vidyalaya". Herein after referred to as the said Vidyalaya (society) and for which no one can forget the said generous, broad-minded and illustrious sons along with distinguished 81 families and the "Samaj Sevi, Late Seth Raichandji Surana", of Churu, Rajasthan.
The aforesaid social organisation, in order to implement it's aims, objects, principles, and ideas etc. had founded and started 'The lamp of Light i.e. Deep -Sikha for Boys' w.e.f.14th day of May 1916 which later on became popular under the name and style of Sree Jain Swetamber Terapanthi Vidyalaya(Boy's High School.
Within a period of five years of Independence of the country, the then well wishers of the community, considered the dire need of the day and started to impart women education with only 5 girls students in the academic year 1950-51. Gradually the said Girls School became popular under the name and style of Sree Jain Swetamber Terapanthi Vidyalaya (Girls High School) for which no one can forget the brave, benevolent,wise and Iron Man "Sri Bhairudan Pagaria, then the hony. Secretary of the Vidyalaya Society.
In the year 1959-60, the Primary School and in the year 1977-78 Sishu Vibhag (Nursery School) were also established.
The School is affiliated to the West Bengal Board. Sree Jain Swetamber Terapanthi Vidyalaya for Boy's and Girls both are governed by Sree Jain Swetamber Terapanthi Vidyalaya Society. Vidyalaya Society is An ISO 9001 : 2008 certified organisation.