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Bursaries


We understand that studying can place a strain on your finances, and there are several bursary funds available that are designed to help.
 
Learners applying for support will complete a detailed application form and provide a statement of income and expenditure. Where supporting evidence is required, this must be produced. Applications will NOT be assessed until supporting documents have been received (please refer to the application form). Those who are under the age of 18 on 31 August 2016, or those who are living in the parental home, will need to provide evidence of their family financial circumstances, with eligibility for support being determined with reference to gross income. Only those who are aged 21 or over at 31 August 2016 will be classed as independent.
 
Application forms will be available from around July/August onwards, and will be sent to applicants with a Conditional or Unconditional Offer. Following the income and needs-based assessment, eligible learners will receive payments on a monthly basis.
 
For more information about Financial Support or any other matters concerning your support needs please contact our Student Services Team on 0300 247 4000.

The Education Funding Agency (EFA) provides two 16-18 Bursaries which are intended to contribute to the cost of books, travel and other resources that are needed in order to be successful at Academy. The limited funds are distributed to those learners with the greatest assessed level of need.

Vulnerable Student Bursary
You could get up to £1,200 if at least 1 of the following applies:

  • You’re in or recently left local authority care
  • You get Income Support or Universal Credit in your name
  • You’re disabled and get both Employment and Support Allowance (ESA), and either Disability Living Allowance (DLA) or Personal Independence Payment (PIP) in your name


Discretionary Student Bursary
This is assessed on your financial circumstances, and each case is assessed individually. You will need to provide evidence of your financial situation to support your application.

Please see: www.gov.uk/1619-bursary-fund/overview for more information.

 If you are under the age of 20, the Care to Learn scheme can help with childcare costs while you study. For further information please go to: www.gov.uk/care-to-learn/overview
 
Further Education Free Meals

FEFM are targeted at students being in receipt of, or having parents who are in receipt of:

  • Income Supportncome-based Jobseekers Allowance
  • Income-related Employment and Support Allowance (ESA)
  • Support under part VI of the Immigration and Asylum Act 1999
  • The guarantee element of State Pension Credit
  • Child Tax Credit (provided they are not entitled to Working Tax Credit) and have an annual gross income of no more than £16,190, as assessed by Her Majesty’s Revenue and Customs

To be eligible for Further Education Free Meals (FEFM), you must be aged 16-18 on 31st August

The Skills Funding Agency (SFA) provides these funds which are intended to remove financial barriers to learning, and help with the cost of resources that are necessary for your success, such as books, travel, and childcare. The limited funds are distributed to those learners with the greatest assessed level of need. This is assessed on your financial circumstances, and each case is assessed individually. You will need to provide evidence of your financial situation to support your application.
 
Please see: www.gov.uk/discretionary-learner-support/overview for more information.

If you have taken out an Advanced Learning Loan to help with the cost of your tuition fees, you may also be eligible for money from the Advanced Learning Loan Bursary Fund if you need help with your learning or living costs, such as childcare, travel, or accommodation expenses. This is assessed based on your financial circumstances, and each case is assessed individually. In most cases you don’t have to pay back money from the Bursary Fund.
 
You can apply as soon as you’ve received a letter confirming your Advanced Learning Loan. If eligible, you will receive one of the following rates, depending on your assessed level of need:

Rate 1 - £50 per month
   

Rate 2 - £150 per month


Rate 3 - £250 per month
 
This is assessed on your financial circumstances, and each case is assessed individually. You will need to provide evidence of your financial situation to support your application.

Alternatively please feel free to email bursaryandloans@fra.ac.uk

 


 

Professional and Career Development Loans are bank loans to pay for courses and training that help with your career or help get you into work. You may be able to borrow between £300 and £10,000.

Loans are usually offered at a reduced interest rate and the government pays interest while you are studying. Read more at www.gov.uk/career-development-loans

 

If you need to study away from home because your course isn’t available locally, you may get help with the cost of term-time accommodation. You may qualify if your course is too far away for you to travel daily and you’re studying for a Level 2 or Level 3 qualification (equivalent to GCSEs and A levels).

How much you get depends on your household income and whether you live and study in London.

You may get help from the Residential Support Scheme if:

  • you're 16 to 18
  • a similar course isn't available locally
  • you're not studying at a college offering a residential bursary
  • you're 'ordinarily resident' in England (this means you're settled in the UK and have lived in the UK for at least 3 years before your course starts)
  • you need to travel more than 15 miles from your home your journey takes longer than 2 hours
  • more than a 2 hour return journey awayyour journey takes longer than 2 hours

Your course must be your first Level 2 or Level 3 qualification (equivalent to GCSEs or A Levels) and are required at least 16 hours attendance a week to last for at least 10 weeks.

For more information go onto www.gov.uk/residential-support-scheme/overview