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Bursaries and Financial Support

Milton Keynes College 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 are available from the College or can be downloaded from the website. 

Receipt of bursary funding does not affect receipt of other means –tested benefits paid to families, such as Income Support, Jobseeker’s Allowance, Child Benefit, Working Tax Credit and Housing Benefit. However, if a student is in receipt of Disability Living Allowance (or Personal Independence Payments) and Employment Support Allowance or in receipt of Universal Credit. Parents can no longer receive certain household/family benefits for that child, such as Child 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 2018.   

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 (if you are participating on a study programme that lasts 30 weeks or more; a pro-rata amount is paid to students on study programmes of less than 30 weeks) 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 because they are financially supporting themselves or financially supporting themselves and someone who is dependent on them and living with them, such as a child or partner

- Young person in receipt of Disability Living Allowance (DLA) or Personal Independent Payments (PIP) in their own right as well as Employment and Support Allowance or Universal Credit 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.

16-18 Bursary Application Form 18/19
16-18 Bursary Eligibility Guidance 18/19


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.

19+ Application Form 18/19

19+ Eligibility Guidance 18/19

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 Bursary and Student Funds 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.

20+ Childcare Bursary Application Form 18/19
20+ Childcare Bursary Guidance 18/19
Care to Learn

If you are under the age of 20 at the start of your course, Care to Learn can help with childcare costs. It is only available if the student's childcare provider is Ofsted registered and offers up to £160 per week per child. Students must apply to C2L directly by completing an online application form.

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 £25,000 a year.

These loans cover tuition fees for a range of Level 3 to Level 6 courses.

Including:

-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.

Advanced Learner Loan Bursary Application 18/19 
Advanced Learner Loan Bursary EligIbility Guidance 18/19

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). 

Professional Career Development Loans are bank loans that have to be paid back. 

The government pays the interest while you study for one month after you leave your course. After this time, you start repaying the loan and interest.  

The Professional Career Development Loan scheme is closing. You must apply by 25th January 2019. 

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.

 

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