Bursary Fund

Bursary Fund

The Bursary Fund is designed to help support those young people who face the greatest barriers to continuing in education or training post 16.

The fund is split into 2 parts:-

1. Vulnerable Bursary (Priority Group)

A vulnerable Bursary is available to all learners who fall into one of the vulnerable groups identified below and are eligible to receive £1,200 a year. This is paid monthly subject to meeting attendance and behaviour criteria:

  • Young people in care
  • Care leavers – young people aged 16 and 17 who were previously looked after for a period of 13 weeks consecutively (or periods amounting to 13 weeks), which began after the age of 14 and ended after the age of 16
  • or a young person who is aged 18 or above who was looked after prior to becoming 18 for a period of 13 weeks consecutively (or periods of 13 weeks), which began after the age of 14 and ended after the age of 16
  • Young people in receipt of Income Support
  • Young people in receipt of both Employment Support Allowance and Disability Living Allowance (or the new personal independence payments)
  • Young people in receipt of Universal Credit payment in their own name
  • Young people who are disabled and receive Employment Support Allowance and a Personal Independence Payment in their own name.

Income support is paid to young people such as teenage parents, young people with severe disabilities, teenagers living away from their parents, young people whose parents have died and unaccompanied asylum seeking children, where a financial need is established.

2. Discretionary Bursaries

St Mary’s College will then award bursaries to learners whose family’s household income falls below £17,000 per year. The award will be paid monthly, in arrears direct to the learner’s bank account and will constitute a minimum of £10.00 per week (term-time only) subject to meeting attendance and behaviour criteria.

Who is eligible to apply?

To be eligible to apply for the fund, learners must meet all the criteria detailed below:

  • Be aged under 19 years of age on 31st August 2019 (if you are aged 19 or over, you may still be eligible to apply – please see the Bursary Policy)
  • Have been resident in the UK or EEA for three years preceding 31 August (verified before enrolment)
  • Be enrolled on a government funded course
  • Meet the financial criteria – have a household income of less than £16,190 per annum

How do I apply?

  • Complete  the 16-19 Bursary Fund application form answering all questions to avoid any delays in processing
  • Attach the required proof (please send in photocopies and not the originals)
  • Submit your application form to Mrs I Lakhi at the College by post or in person before 30 October 2019
  • Applications made after this date may not be accepted (unless circumstances change during the year).

Evidence

All applications to access the 16-19 Bursary Fund must be supported by appropriate evidence as detailed on the application form.

What happens next?

  • The Bursary Panel will test the application against the eligibility criteria and check the evidence and assess the need for funding. The Bursary Officer may discuss the application with the student if required.
  • The Bursary Officer will notify students in writing of the outcome of their application within 14 working days of receipt. However, in September the processing time may be longer as most applications are received at this time.
  • If the learner is eligible for an award, the Bursary Officer will process the application within 10 working days.
  • Initial Awards will normally be issued within 6 weeks of the course start date.
  • Any application that requires special consideration will be discussed by the Bursary Fund Awards Committee (see membership), who will consider the application and decide the level of any award. This is normally completed within 4 weeks of the application.
  • The Bursary Officer will arrange for the award to be paid via a bank transfer directly to the learners account.
  • The Bursary Officer will keep financial records of all awards made for a period of six years

Please note: Students will need to have a current bank account.