Finance
ABOUT THE BURSARY

The bursary helps to meet the costs associated with accessing learning and students experiencing financial difficulty. This includes help towards travel and compulsory materials and equipment.


Funds are allocated through a means assessed system. Funds are provided by the Education and Skills Funding Agency (ESFA).


Assistance may be in the form of a contribution and may not cover the full costs associated with your Study Programme.


VULNERABLE GROUPS BURSARY

These are awarded if any one of the following categories applies to you. You may be eligible for a Vulnerable Groups Bursary Award of up to £1,200:

  • Children in Care or Care Leavers.
  • 16-19 students in receipt of Income Support or Universal Credit in their own name.
  • Students in receipt of Employment Support Allowance (ESA)/Universal Credit and Disability Living Allowance (DLA)/Personal Independence Payment (PIP) in their own name. Learners must be in receipt of both benefits to qualify.

  • 16-19 BURSARY

    Students aged 16-19 can apply for financial support if their household income falls below £30,000. This will be assessed by the College and evidence of income will be required. See application form for details.

    19+ BURSARY

    19+ students can apply for financial support if they are:

  • living in the parental home and can provide evidence that their personal income is below £30,000.
  • living independently or with a spouse/partner and can provide evidence of household income below £36,000.

  • ADVANCED LEARNER LOAN BURSARY

    The Advanced Learner Loan Bursary Fund supports students who are in receipt of an Advanced Learning Loan and:

  • living in the parental home and can provide evidence that their personal income is below £30,000.
  • living independently or with a spouse/partner and can provide evidence of household income below £36,000.



  • FREE SCHOOL MEALS

    Free School Meals are provided to all students aged 16-18 at the start of their course if they are (or their parents/carers are) in receipt of one or more of the following:

  • Universal Credit whose net earnings do not exceed £7,400 per annum.
  • Income related Employment Support Allowance.
  • Child Tax Credit (not working Tax Credit) with an annual gross income of no more than £16,190.
  • Guaranteed element of State Pension Credit.
  • Income based Job Seekers Allowance
  • Support under Part VI of the Immigration and Asylum Act 1999.

  • CARE TO LEARN

    If you are a student who is aged under 20 at the start of your course and you are a parent, you may be eligible with help towards the cost of your childcare through the Care to Learn scheme. For further information, please contact the Care to Learn helpline on 0800 121 8989 or visit www.gov.uk/care-to-learn

    CHILDCARE (20+)

  • Childcare support is not assessed until all applications for this have been received.
  • Awarded payments are a contribution only and are made directly to the learner. It is the responsibility of the learner to ensure that all bills are paid including any remaining balances to the childcare provider.
  • Childcare payments are made monthly in arrears.

  • HOW DO I APPLY?

    Application forms are available from the Student and Customer Services team, based in Main Reception or from our website at
    www.yeovil.ac.uk. Please contact the team on 01935 845444 or email enrol@yeovil.ac.uk if you have any questions.

    You will need to complete an application form and hand it in at Main Reception with the appropriate evidence or post your application form and evidence to Student and Customer Services, Yeovil College, Mudford Road, Yeovil, BA21 4DR.

    Proof of eligibility must be enclosed with your application form. Applications without evidence will be returned. See application form for details.

    TRANSPORT

    Annual county tickets are available directly from Somerset County Council for students attending college in Somerset. The cost of the county ticket for 2019/20 is £810. Students aged 16-19 with a household income below £30,000 will receive 100% of the value of the County Ticket paid in instalments. Please see the Learner Support Funds Policy on our website for details. The ticket can be used on most local and cross border public bus services, subject to operator restrictions.

    The college can support bursary students with financial support towards the cost of a County Ticket, but applications for the County Ticket must be made directly to Somerset County Council by the beginning of August 2019 (Exact date unavailable at time of publication). Please use this link to purchase the county ticket or for further information. https://www.somerset.gov.uk/roads-and-transport/county-ticket/

    Learners wishing to use the YC1, YC2 or YC3 college buses will receive travel on these services if they are eligible for a bursary. Please visit www.yeovil.ac.uk to apply or for further information.

    HOW WILL I RECEIVE AN AWARD IF SUCCESSFUL?

    Payments towards Transport (excluding YC1, YC2 and YC3 buses), Childcare and the Vulnerable Groups Bursary will be made in 10 instalments by BACS providing you meet the criteria listed in the ‘What Are My Responsibilities?’ section below.

    Transport on the YC1, YC2 and YC3 buses and materials/equipment costs will be paid via internal transfer to the relevant department. In some circumstances you may be asked to purchase the materials/equipment yourself in which case we will reimburse the cost on production of a correct receipt.

    Please ensure you complete the bank details section with the account details of the person requiring payment on the Bursary Application Form.


    WHAT ARE MY RESPONSIBLITIES?

    It is your responsibility to:

  • Attend timetabled lessons for a minimum level of 90% each month. Should your attendance drop below 90% attendance, your financial support may be temporarily suspended and this could lead to withdrawal of the award.
  • Adhere to the College’s Student Code of Conduct.


  • Should you fail to complete your studies, you may be asked to repay some of the monies awarded or return equipment purchased by the bursary fund.

    Assessment of applications will start from 1st July 2019. All applications received by 15th July 2019 will be assessed for eligibility. The College cannot guarantee applications received after this date will be assessed.


    Yeovil College, Mudford Road, Yeovil, Somerset, BA21 4DR

    Tel: 01935 845444

    Email: enrol@yeovil.ac.uk

    Web: www.yeovil.ac.uk