Bursary Information, Loans, Free Meals Scheme, Discretionary Learner Support, Bursary Forms 2014- 2015!
At Stratford-upon-Avon College, our aim is for you to succeed and for your education to set you on the path to your future career success.
We appreciate that funding is a concern for many students and our Student Services Team can provide you with information and support before and during your course.
A helpful guide to help you understand the bursary and free meals processStratford College Bursary Free College Meals Critera and Guidance 2014 -15
24+ Advanced Learning Loan
If you are aged 24 or over and want to study A Levels, an Access to Higher Education Diploma, a Level 3 or 4 Certificate or Diploma, or an Advanced or Higher Apprenticeship, you will need to pay your college or training organisation for the cost of your course.
A new loan scheme has been introduced by the government to help learners. The 24+ Advanced Learning Loan is easy to apply for, doesn’t take your household income into account and doesn’t involve a credit check.
Here are some of the key facts about the loan:
- Repayments are linked to what you earn and not how much you borrowed.
- You only have to start making repayments when you’ve finished your course and you’re earning over £21,000 a year (which is £404 a week or £1,750 a month). Until then you don’t need to pay back anything, but you can make voluntary repayments at any time.
- You pay 9% of the money you earn over £21,000, before tax. For example, if you earn £22,000 a year, your monthly repayment will be £7 a month; and if you earn £35,000 a year, it will be £105 per month.
- Interest is charged on a sliding scale between the Retail Price Index (RPI) and RPI +3%, depending on how much you earn.
Additional information regarding 24+ Advanced Loans can be found at https://www.gov.uk/advanced-learning-loans
Bursary Application for Learners 19+
Update: We still have 19+ Bursary Funds to allocate and we encourage those learners who are over 19 and are from lower income households to apply. (04.11.2014)
The Criteria is based on a sliding scale of your household income.
You may be able to claim assistance from the Bursary on an income of up to £26,000.
The Bursary works on a first come first served basis as funds are limited
£19,000 or below you may receive 100% towards your costs
£19,001 to £22,500 you may receive 70% towards your costs
£22,501 to £26,000 you may receive 50% towards your costs
Any forms submitted without proof of income and/or benefits received will not be processed and will be returned to you which could result in delays to your application
Criteria for the 19+ – Discretionary Learner Support Fund
If you are aged 19 or over, on a Further Education course and facing financial hardship, you could apply to the College for the means tested Discretionary Learner Support Fund (DLS).
This can help pay for things such as:
- accommodation and travel
- course materials and equipment
If you wish to apply for the 19+ Bursary you will need to meet the following criteria:
- Household income of £19,000 or under you may receive 100% of costs.
- Household Incomes between £19,001 and £22,500 may receive 70% of costs
- Household Incomes between £22,501 and £26,000 may receive 50% of costs
- Must be aged 19 or over
- Must have been a permanent resident of the UK or EU for the past 3 years
- The course must be a full time course and not an Apprenticeship, studying at a learning provider funded by the Skills Funding Agency
Evidence will be taken using proof of your or partners income or means tested benefit such as: Income support or Universal Credit Letter, JSA (income based) letter, ESA (income based) Pension Credit Guarantee element, Working Tax Credit award, Housing Benefit award.
NB: To get help with childcare costs, you must be 20 or over. If you’re 19, apply for Care to Learn instead, please contact Student Services for further information.
If you meet the criteria above then you will be able to apply for the Bursary. This will be available online and details will be sent out along with the Joining Instructions.
The form will need to be printed and completed and returned to Student Services along with all supporting documents in order to have your application assessed. Any forms submitted with insufficient paperwork will be returned and this will delay your application.
16 – 19 Bursary Fund Update!
We have fully allocated our 16 – 19 Bursary Fund, so we will no longer be accepting any further 16 – 19 Bursary applications. 04/11/2014
If you are aged 16-19 and in full-time or part-time further education or training you may be able to get help to pay for essential education related costs with the 16-19 Bursary Fund.
The 16-19 Bursary Fund can help pay for costs like:
- equipment you might need for your course
- transport to and from your college
To get the 16 – 19 years Bursary Fund you must be:
A young person who’s household income is £19,000 or under you if you fit that criteria you may receive 100% towards costs. Those with a household income of £19,001 – £22,500 may receive 70% towards costs and those with £22,501 – £26,000 may receive 50% towards costs.
Supporting evidence for your claim is, proof of parent / guardians income or means tested benefit such as: Income support or Universal Credit Letter, JSA (income based) letter, ESA (income based) Pension Credit Guarantee element, Working Tax Credit award, Housing Benefit award along with a completed application form. All these funds are subject to availability.
16 – 19 years Guaranteed Bursary
The Guaranteed Bursary is intended for young people in care, care leavers, young people in receipt of Income Support or Universal Credit in their own name, and disabled young people in receipt of both Disability Living Allowance plus Employment Support Allowance in their own name, or those who claim both Employment Support Allowance plus a Personal Independence Payment in their own name. If you are in one of the previous groups, you could get a bursary of £1,200 a year.
A completed application form and appropriate evidence will be required such as:
- A letter setting out the benefit to which the young person is entitled.
- Written confirmation of the young person’s current or previous looked after status from the authority which provides their leaving care services.
To download the Bursary Forms 2014/15 click the on the appropriate age range link for you.
The return address is…
The Willows North
Loan Bursary Fund
You may apply to get money from the Loan Bursary Fund after you’ve received a letter approving your 24+ Advanced Learning Loan.
The money can help pay for things like:
- accommodation and travel
- course materials and equipment
- classroom assistance for a disability or learning difficulty – once you’re assessed by your college or training provider
Please be aware the Loan Bursary Fund is subject to availability.
Free College Meals Scheme
The Free College Meals Scheme is a scheme that provides free meals to students who are aged over 16 whose parents/carers income falls below £16,190, students who are looked after or students aged between 19 & 25 who are subject to a Learning Difficulty Assessment (LDA) or Education Health and Care Plan (EHC Plan). Students who are eligible for free college meals will be credited for their meals through a new biometric cashless system.
If you would like any further information, please do not hesitate to contact our team on 01789 266 245 or by email at firstname.lastname@example.org and our friendly team will be happy to help you.