Funding and Finance

There are many options available for financial and welfare help. Our Finance & Welfare team are ready to help students to explore what financial help is available to them.

There is help available for meeting childcare costs, travel expenses and course related costs. For up to date information on the financial help available to our students, call the Finance & Welfare team on 0116 264 3535.

STUDENT FINANCE 16-18 YEARS

EMA

You will continue to receive payments while you study in 2011/12 if:

• you first applied for EMA in 2009/10 (you will receive the same weekly amount)
• you first applied for EMA in 2010/11 and you receive the maximum EMA payment of £30 ( this will be reduced to £20 a week in 2011/12)

Please bring your EMA Notice of Entitlement to Enrolment or, if later, to the Admissions Office on the 4th Floor to be processed.

If you were in receipt of EMA in 2010/2011 and received £10 or £20, you WILL NOT continue to receive EMA for 2011/2012 and you should apply for a Bursary.

GUARANTEED BURSARIES

If you are aged 16-18 on 31 August 2011 and

• in care
• leaving care
• in receipt of income support
• in receipt of Employment and Support Allowance and also in receipt of Disability Living Allowance

you will be entitled to a Guaranteed Bursary of £1,200 a year from September 2011, payable monthly in arrears by the college, subject to 100% attendance, good behaviour and satisfactory progress.

This bursary may be repayable to the College if the student leaves before the end of the course. Bursary application forms can be collected from the Admissions Office on the 4th Floor.

BURSARIES

All other students aged between 16 and 18 at 31 August 2011 who face financial hardship can apply for a College bursary paid by the college. Applications are means tested based on the household income.

Bursary application forms can be collected from the Admissions Office on the 4th Floor. Support for students on Bursaries will be applied as follows:

To cover essential course costs by payment in kind at the start of the course. This will include course materials, textbooks, examination fees, CRB checks, course related trips and registration fees. This may be repayable to the College if the student leaves before the end of the course. If you have paid for these costs, you will be reimbursed for the costs on production of receipts.

A further allocation of the limited remaining funds payable monthly in arrears, subject to 100% attendance, good behaviour and satisfactory progress. This allocation will depend on the number of eligible applicants and will not be able to replace EMA levels of funding.

For more information about this, contact our Finance and Welfare Team on 0116 264 3535 or email info@slcollege.ac.uk.

STUDENT FINANCE 19+ YEARS

ALG

All learners in receipt of ALG in 2010/11 will receive a Notice of Entitlement (NoE) from the Learner Support Service (LSS). The NoE states that the individual may be eligible for continuing ALG support in 2011/12, subject to their enrolment at a learning provider and that their learning programme is a full Level 2 or Level 3 and that the individual is continuing on the learning programme from the previous year, i.e: they are following the same learning programme at the same level. Please bring your Notice of Entitlement with you to the Admissions Office on the 4th Floor.

LEARNER SUPPORT FUND

You may be eligible to apply to the College’s Learner Support Fund if you are a:

• Student aged 19+ on full time or part time course.
• Student with Settled Status and have lived in the EU for 3 years or more.

Applications are means tested and based on household income. Support may be available to help with the cost of:

• Childcare
• Books
• Course materials
• Exam fees
• Course related trips
• CRB checks

Applications Forms are available from the Admissions Office on the 4th floor.

If you are eligible, you may receive a contribution, subject to funding limits. Students are expected to contribute to their course costs.

For more information about this, contact our Finance and Welfare Team on 0116 264 3535 or email info@slcollege.ac.uk.