Posted in Money Matters
This fund is provided by the Government to ensure that everyone can participate in a further education programme of their choice. The Bursary Fund is a means-tested fund which can help with costs such as:
- Books
- Equipment
- Uniform
- Travel
- Educational visits
- Meal costs
- Monthly allowances (subject to meeting stated criteria)
You will receive an application form in your enrolment pack or you can pick up an application form from the College Reception desk. Bursary Fund staff are always available to support and advise.
16-19 Bursary Fund Guidance Notes
19+ Learner Support Fund Guidance
Posted in Money Matters
Have you heard about the Advanced Learner Loan?
If you're aged 19 or over and want to study A Levels, an Access to Higher Education Diploma, or a Level 3 to 6 Vocational Qualification, you'll need to pay your college or training organisation for the cost of your course.
NOTE: The fees quoted on this website are a general guide only and may be subject to change.
The Advanced Learner Loan is a government-funded loan to help learners. It's easy to apply for, doesn't take your household income into account and doesn't involve a credit check.
Here are some key facts about the loan:
- Repayments are linked to what you earn and not how much you borrowed.
- You only have to start making repayments when you've finished your course and you're earning over £21,000 a year (which is £404 a week or £1,750 a month). Until then you don't need to pay back anything, but you can make voluntary repayments at any time.
- You pay 9% of the money you earn over £21,000, before tax. For example, if you earn £22,000 a year, your monthly repayment will be £7 a month; and if you earn £35,000 a year, it will be £105 per month.
- Interest is charged on a sliding scale between the Retail Price Index (RPI) and RPI +3%, depending on how much you earn.
More about Advanced Learner Loans