Ravensbourne

Further Education: Funding

Bursaries & loans 2017/18

Please find below details of our bursary offer for Foundation students commencing study at Ravensbourne in academic year 2017/18. 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 16-19 bursary fund provides financial help for young people aged 16 to 19 who face barriers to staying in education. It is available to all 16-19 year olds studying in school/academy sixth forms, colleges and training providers in England. There are 2 types of bursary available:

  • a vulnerable student bursary of up to £1,200 a year
  • discretionary bursaries based on individual need, such as help with the costs of transport, course equipment and meals.

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 2017
  • Be aged 16-18 on 31st August 2017
  • 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
  • care leavers
  • 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

If you believe you are eligible for the 16-19 Bursary Fund, please 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
  • a Tax Credit Award Notice
  • evidence of your family’s annual income
  • 3 months’ worth of payslips or bank account statements

Please either email your evidence to studentservices@rave.ac.uk or hand copies in at the Information Desk on level 4.  The Student Services Team aim to respond to your application within 10 working days.

The application process opens in August 2017. All applications should be submitted by December 2017. 

Ravensbourne Free Meals

Students in receipt of a Ravensbourne 16-19 Bursary will automatically be entitled to free meals.

Eligibility

Only students 16-19 years of age on the 31st August prior to the start of the course will be able to receive this support.

How to apply

Students do not need to apply for free meal support. If they are entitled to receive a 16-19 Bursary, they will also receive notification of their free meal award.

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.

 

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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