Financial Support

                                 **Bursary Fund Academic Year 2013-2014**

Payments from the Bursary Fund may affect the student's entitlement to means-tested social security benefits, for example, income support, housing benefit or council tax benefit.

Students who are worried about the impact of the Bursary Fund on their benefits should contact an experienced adviser at their local Job Centre Plus.

Any bursary awarded is for one academic year only, i.e. 2013-2014  

Apply now to avoid delay!

For eligibility guidance and an application form, click on the links below after reading the following:

Please read the eligibility criteria before completing an application form and ensure you only complete the application form relevant to your age group. If you are applying for help with kit & uniform please enclose your completed kit & uniform order forms with your Bursary application form.

Application forms can only be sent via post and cannot be sent in electronically due to the financial assessment checks that have to be carried out.

 

16-18 Bursary (Main)

The main 16-18 bursary may be available to assist with the costs of travel, meals, books and other associated course costs.  This is specifically for any student whose parent or guardian is in receipt of any of the following benefits and providing the annual household income does not exceed £22,000:

Aged between 16 and 18 as of the 31st August 2013

Income support

Job seekers allowance (income based)

Employment & support allowance (income related)

Pension credit (minimum guarantee)

Child &/or Working tax credit

Universal Credit

 

 16-18 Bursary (Guaranteed)

The 16-18 guaranteed bursary of £1200 a year or pro-rata is paid according to the duration of the course. This will be available to assist with the costs of travel, meals, books and other associated course costs. This will be divided into monthly payments or pro-rata according to the duration of your course.  Students in the following groups will be eligible if enrolled and assessed as being in one of the defined vulnerable groups:

Aged between 16 and 18 as of the 31st August 2013

Young person in care

Care Leaver

Young person in receipt of Income support orUniversal Credit

Young person in receipt of Employment Support Allowance (ESA) and Disability Living Allowance (DLA) orin receipt of ESA and a PIP (Personal Independence payment).

16-18 Bursary Eligibility Guidance

16-18 Bursary Application Form


The 19 Plus Bursary

A bursary may be available to assist with the costs of travel, meals, books and other associated course costs.  This is specifically for any student who is in receipt of, or is a named dependant of a parent or guardian who is receiving any of the following benefits and providing the annual household income does not exceed £22,000:

Aged 19 or over as of the 31st August 2013

Income support

Job seekers allowance (income based)

Employment & support allowance (income related)

Pension credit (minimum guarantee)

Child &/or Working tax credit

Universal Credit

Please note that students who are aged 24 and over and are studying a Level 3 or 4 course will need to look at the 24+ALLB

 19 Plus Bursary Eligibility Guidance 13-14

 19 Plus Bursary Application Form 13-14

 

20 Plus Childcare Bursary

The 20 Plus childcare bursary may be available to assist you with childcare costs. To apply for childcare support, you will need to meet the following criteria:

  • Aged 20 or over and approved for a 19 plus bursary
  • You must use an OFSTED registered childcare provision
  • You must use all of your child’s eligible NEG funding  (aged 2 and above) for College hours, as your childcare bursary will take into account any ‘free’ NEG hours

Please note if you are under 20, you will need to apply for support through Care to Learn. For further information please visit: www.gov.uk/care-to-learn.

If you are aged 24 or over and are studying a Level 3 or 4 course, you will need to look at the 24+ALLB  

20 Plus Childcare Bursary Guidance 13-14

20 Plus Childcare Assessment Form 13-14


24+ ALLB

A bursary may be available to you if you have been approved for a 24+ Advanced Learning Loan. To apply for a bursary, you will need to meet the following criteria:

  • Approved for a 24+ Advanced Learning Loan
  • Annual household income which does not exceed £22,000 (parental income will not be taken into account, but the income of any spouse or co-habiting partner will be)
  • Be identified as a ‘vulnerable’ student, i.e with learning difficulties, health issues, disabilities, ex-military personnel and parents needing support with childcare

24+ ALLB Application Form 13-14

24+ ALLB Eligibility Guidance 13-14 

N.B The content of individual bursaries may vary.

For further information on bursaries please email in the first instance bursary@mkcollege.ac.uk or telephone 01908 684364

The College Bursary’s are discretionary funds and due to the limited nature of them, meeting the criteria alone does not guarantee funding. The bursary is income assessed and operated on a first-come, first served basis

Any bursary awarded is for one academic year only, i.e. 2013-2014  

 

Appeals

If you wish to appeal against a decision made about your bursary application, please click on one of the following links and read the guidance document for the Appeals process.

For 16-18 and 19+ Bursary appeals Bursary Appeals Guidance 13-14

For 24+ Bursary appeals 24+ ALLB Appeals Guidance 13-14

 

Government-run Schemes

We can also provide information and advice on the following government-run schemes.

HE Students AY 2013/4

If you’ve not applied for funding and want to ensure that this is in place for the start of your course, please ensure that you apply for your student finance loan by the 31st May.

NB You can still apply for funding after this date but they won’t be able to guarantee  that your funding will be in place at the start of your course.


HE  Returning Students AY 2013/4

Please remember that for those of you returning for your second or final year in September, applications and evidence will need to be submitted to student finance by no later than 28 June 2013.

If you need 1-1 application support please pop in to the Welfare & Bursary Office at Chaffron Way Room G36A or Bletchley Room 104 .

For further information and to apply please visit www.gov.uk/studentfinance

 

Query about Student Finance?

SFE host regular ‘Student Finance Surgeries’ to help.

A weekly session is hosted on The Student Room at www.thestudentroom.co.uk/studentfinancesurgery as well as regular sessions on the SFE Facebook page at www.facebook.com/SFEngland. You can also follow Student Finance on twitter at   www.twitter.com/SF_England

 

Professional Career Development Loan (PCDL)

The Professional Career Development Loan are bank loans that can be used to help pay for work-related learning. You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year's relevant work experience). 

The Young People's Learning Agency will pay the interest on the loan while you are learning and for one month afterwards, and can be used to pay course fees or other costs such as travel and living expenses. You can also use the loan to supplement other forms of support such as grants or bursaries. 

Because the Professional and Career Development Loan is a commercial loan product, they should only be considered as an option once all other student funding options have been investigated. For further information on financial assistance to support your learning, please visit www.gov.uk/career-development-loans  or contact National Careers Service on 0800 100 900. Our learning provider registration number is: 6064.

 

24+ Advanced Learning Loans 

The 24+ Advanced Learning Loan has been introduced for learners aged 24 and above, who are in further education and training studying at Level 3 and above (including advanced and higher apprenticeships) and whose course or programme starts on, or after 1st August 2013. Application forms will be available in April 2013.

For further information please see the attached link 24+ Criteria or click through to the 24+ Advanced Learning Loans page.

 

Care to Learn

If you are under the age of 20, Care to learn can help pay for your childcare costs while you learn.

For further information call 0800 121 8989.