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Further Education: Funding

Ravensbourne Bursaries 2018/19

Please find below details of our bursary offer for Foundation students commencing study at Ravensbourne in academic year 2018/19. This is subject to change.

Due to restricted funding and a large number of eligible students, our finance support is limited. It is designed to assist towards the costs of travel, meals and/or course equipment.

We therefore, strongly advise all prospective students to consider all the costs of study including accommodation, travel, equipment and food whilst undertaking their course and to have alternative means of funding such as part time work and/or savings.

Students may find the Student Budget Planner a useful tool to help figure out a realistic budget.

Students 19 and over should also ensure they have the means available to pay tuition fees. The easiest way to do this will be to apply for an Advanced Learner Loan from the Student Loans Company, who will be offering support for help with fee costs only. See below for further information.

With regards to living costs, there may be some support available however, this will be small and discretionary. 

The 16-19 Bursary Fund

The 16 to 19 bursary fund provides financial support to help students stay in Further Education.

There are 2 types of 16 to 19 bursaries available:

  • a vulnerable student bursary of up to £1,200 a year
  • discretionary (standard)bursaries to meet individual needs, for help with the cost of transport, meals and course equipment.

 Termly bursary payments of a small, discretionary amount will be available to those with the most challenging financial circumstances.

 Eligibility

To be eligible for the discretionary bursary, you must:

  • Be an enrolled student on a full time Foundation course at Ravensbourne starting in September 2018
  • Be aged 16-18 on 31st August 2018
  • Be aged 19 or over with an Education Health and Care Plan (EHCP)
  • Be aged 19 or over and continuing on a study programme which began when aged 16-18
  • Have 'home' student status or have been granted full 'refugee' or 'asylum seeker' status
  • Have been 'ordinary resident' in the UK, EU or EEA continuously for the last three years with 'settled status' which means having indefinite leave to remain
  • Maintain at least 90% attendance
  • Have a household income of £20,000 or less per year

 To be eligible for the vulnerable bursary, students must be:

  • in care or care experienced
  • a care leaver
  • in receipt of Income Support, or Universal Credit in place of Income Support, in their own right
  • in receipt of Employment and Support Allowance or Universal Credit and Disability Living or Personal Independence Payments in their own right.

 How to apply

Students should complete the on-line application form and provide the Student Services Team with one of the following as evidence:

  • a letter from the Department of Work and Pensions showing receipt of benefits
  • a P60 from the current tax year
  • a Tax Credit Award Notice
  • evidence of your family’s annual income for tax year 2017/18
  • payslips or bank account statements from the past three months, demonstrating household income.

The application process is now open. All applications should be submitted by December 2018.

Ravensbourne Free Meals

Free meals are targeted at the most disadvantaged students, meaning those in receipt of, or having parents who are in receipt of, one or more of the following benefits:

  • Income Support
  • Income-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 HMRC
  • Working Tax Credit run-on – paid for 4 weeks after someone stops qualifying for Working Tax Credit
  • Universal Credit with net earnings not exceeding the equivalent of £7,400 pa

How to apply

You do not need to apply separately for Free Meals, as we will assess you when we receive your application for the 16-19 Bursary based on the household income evidence provided.

 

Student Services Support Award

Ravensbourne is committed to providing assistance for their students in financial hardship. The Student Services Support Award is given to students who face an unexpected crisis that may jeopardise their ability to continue with study.

This bursary is usually awarded as a payment in kind towards the costs of food, travel or course equipment. Depending on circumstances, a cash payment may be given.

 Eligibility

  • All Foundation, Pre Foundation & Access students.
  • Students that can demonstrate financial hardship.

 How to apply

Students will need to complete the on line application form and provide copies of the following evidence to support your application:

  • Your tenancy agreement (if applicable)
  • Bank statements for past 3 months
  • A completed Student Budget Planner
  • Evidence of any benefits received

Depending on circumstances, students may be required to meet with the Finance Support Coordinator to discuss additional forms of support and money management.

Advanced Learner Loans

Advanced Learner Loans have been introduced by the UK government for learners aged 19 and over studying a Foundation Level 3/Access qualification at Ravensbourne.

Eligibility

To be eligible for one of these loans students must:

  •  be aged 19 or over at the start of their course
  •  be studying a Foundation or Access Course
  •  be living in the UK on the first day of their course and have been living in the UK, the Channel Islands or the Isle of Man for 3 years immediately before starting their course
  •  be a UK National or have settled status (this means there’s no restrictions on how long they can stay)

How to apply

Learner will need to complete The Advanced Learner Loans 18/19 online application, for courses starting from the 1st August 2018, which can be found on the Government Website at  www.gov.uk/advanced-learning-loans. Please note the Learner will need their Learning and Funding Information Letter (LAFIL) to make the application which will be sent to confirmed offer holders in June 2018.

Advanced Learner Loan Bursary

Students in receipt of an Advanced Learner Loan may be entitled to a small discretionary bursary to help with living costs. Please be advised that because funds are limited, we will prioritise students with childcare costs.  We may be able to help with a small contribution towards the cost of transport or equipment.

Eligibility

Students must be in receipt of an Advanced Learner Loan and have a household income of £20,000 or less.

How to apply

Students can apply for an Advanced Learner Loan Bursary by completing the online application form and provide the Student Services Team with the relevant supporting documentation:

  • a letter from the Department of Work and Pensions showing receipt of benefits
  • a P60
  • a Tax Credit Award Notice
  • evidence of your family’s annual income.


External sources of funding

Advanced Learner Loan

Students who are 19 or over and studying a Foundation Level 3 qualification at Ravensbourne, can apply for an Advanced Learner Loan to cover the cost of their tuition fee.

Eligibility

To be eligible for one of these loans you must:

  • Be aged 19 or over at the start of your course.
  • Be studying a Level 3 qualifiication at Ravensbourne.
  • Be living in the UK on the first day of your course.
  • Have been living in the UK, the Channel Islands or the Isle of Man for 5 years immediately before starting your course.
  • Be a UK National or have settled status (this means there’s no restrictions on how long you can stay).

How to apply

Please visit the Student Loan Company website for details of how to apply.

Please note the Learner will need their Learning and Funding Information Letter (LAFIL) to make the application.

Please contact registry@rave.ac.uk if you have not received this.

Family Action

Family Action has been distributing grants to help people and families in need since they were founded in 1869.  They know that by giving a small grant when it’s needed the most, they can remove immediate financial barriers, thereby helping families to work through the bigger issues they’re facing.

Visit their website for more information on how they can help you.

Turn2Us

Turn2us is a national charity that helps people in financial hardship gain access to welfare benefits, charitable grants and support services.

Visit their website for more information on how they can help you.

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