Milton Keynes is able to offer students a means tested bursary, so individuals should not have to worry about money while studying.
Students with concerns about money may be eligible for financial support. At Milton Keynes College there is a range of financial support options awarded on the basis of need.
A bursary is a form of financial support that, if eligible, helps you to fund your studies with money that you do not have to pay back. A loan, if eligible, can be used to help you fund your studies, but you will be required to pay this back in the future.
There are a number of options available to our students, please see below for further details on each option.
Things to know
Application forms can only be submitted via post and cannot be sent in electronically due to the financial assessment checks that have to be carried out
Please note that 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
Bursaries are grouped by age and awarded annually
If you decide to withdraw from a course, you will be liable for the remainder of the fees and actions will be taken to recover the outstanding costs
For information, advice or guidance, click here to contact the Student Funds and Bursary team or call;
- 01908 684364 at Chaffron Way campus
- 01908 637326 at Bletchley campus
Bursary & Financial Support: 16 to 18
Main 16-18 Bursary
Bursary funding is available to eligible students on both full and part-time funded programmes. The 16-18 bursary funding is only available to students enrolling on a funded programme who are aged 16-18 (and under 19) on 31 August 2017.
A bursary may be available for any student whose annual household income does not exceed £28,000. Evidence of relevant household income/benefits will have to be provided.
16-18 Bursary (Guaranteed)
A bursary of up to £1,200 a year will be available to assist with the costs of travel, meals, books and other associated course costs. Students in the following groups will be eligible if enrolled and assessed as being in one of the four defined vulnerable groups:
- In care
- Care leaver
- Young person in receipt of Income Support or Universal Credit in place of Income Support, in their own right.
- Young person in receipt of Employment and Support Allowance (ESA) or Universal credit and Disability Living Allowance (DLA) or Personal Independence Payments (PIP) in their own right
To see if you are eligible for a 16-18 bursary please see the eligibility guidance, and to apply please fill in an application form.
The 19+ Bursary
A bursary could be available to students whose household income does not exceed £28,000 (parental income will not be taken into account, but the income of any spouse or co-habiting partner will be taken into account). This bursary may be available to assist with the cost of travel, meals, kit and other associated course costs.
Please see eligibility guidance below. To apply, please complete an application form and submit with all required evidence.
Free School Meal Scheme
Milton Keynes College currently offers a Free College Meal Scheme.
To find out if you are eligible please click here to contact our Student Funds and Bursary Team or call;
01908 684364 at Chaffron Way campus
01908 637326 at Bletchley campus
20+ Childcare Bursary
The 20+ 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+ bursary or Advanced Learner Loan Bursary
- You must use OFSTED registered childcare provision
- If your child is eligible for Free Early Education, your funding will take into account any free hours
To see if you are eligible for a 20 + Childcare bursary please see the eligibility guidance, and to apply please fill in an application form.
If you are under the age of 20, Care to Learn can help with childcare costs.
For further information visit www.gov.uk/care-to-learn or call 0800 121 8989 or click here to contact our Welfare & Bursary Team or call 01908 637383.
Advanced Learner Loan
If you’re aged 19 or over, live in England and are thinking about further education or training, you might qualify for an Advanced Learner Loan. Advanced Learner Loan is targeted at helping adult learners manage the cost of further education. It’s easy to apply and you won’t have to pay anything back until you’re earning over £21,000 a year.
These loans cover tuition fees for a range of Level 3 to Level 6 courses.
- General and vocational qualifications
- Access to Higher Education diplomas
If you are interested in applying for a loan and would like further guidance please visit the government website for more information.
Advanced Learner Loan Bursary
Students aged 19 and over on the first day of their course, who have been approved for an Advanced Learner Loan, could be eligible to receive financial support from the Milton Keynes College Advanced Learner Loan Bursary. A bursary could be available to students whose household income does not exceed £28,000 (parental income will not be taken into account, but the income of any spouse or co-habiting partner will be taken into account).
Priority will be given to vulnerable groups and disadvantaged learners. The loans bursary fund is provided to help vulnerable and disadvantaged learners to overcome barriers which may prevent them from taking part in or continuing in learning.
Please note: The amount of bursary provided will depend on individual circumstances and may be subject to change due to the availability of funds. Payments will be adjusted for programmes that do not run over a full academic year.
If you are in support of any state benefits it is your responsibility to inform the Department for Work and Pensions about any learner support you receive as the learner support payments may affect your eligibility for some state benefits.
To see if you are eligible for Advance Learner Loan Bursary please see the eligibility guidance, and to apply please fill in an application form.
Professional Career Development Loan (PCDL)
The Professional Career Development Loan is a bank loan to help pay for work-related learning. Applicants can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years including one year's relevant work experience).
The Young People's Learning Agency will pay the interest on the loan during the student’s course and for one month afterwards, and can be used to pay course fees or other costs such as travel and living expenses. The loan can also be used to supplement other forms of support such as grants or bursaries.
Because the Professional and Career Development Loan is a commercial loan product, it should only be considered 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 100900.
Our learning provider registration number is: 6064.