FINANCE - Edinburgh's Telford College

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30 Week Session 1st Year HND HNC & 2nd Year HND Living in parental home Not living in parental home Living in parental home Not living in parental home Maximum non means tested loan £605.00 £915.00 £480.00 £785.00 Maximum loan available* £4,457* £5,417* £3,992* £4,807* An additional loan of up to £785 will be available to young learners from families with an income of up to £22,789, making the maximum support package available to HNC/D Level students £6,202 where gross income is £18,000 or less. *If you are eligible for the Young Student Bursary (see next paragraph), this will replace part of your loan support. Your loan and any SAAS Bursary will be paid monthly on the 7th of each month. If the session lasts for more than 30 weeks and 3 days, you can claim additional loan payments for the extra weeks. Living in the parental home Not living in the parental home £54 per week £83 per week If you have questions about payment of your loan, contact: The Student Loans Company Ltd, 100 Bothwell Street, Glasgow, G2 7JD Tel: 0141 306 2000 www.slc.co.uk 4. Young Student Bursary If you are a young student at the start of your course, applying to SAAS for the Young Student Bursary can reduce the amount of loan you need. The Young Student Bursary: • does not have to be paid back • is not affected by whether you live at home or not • but is means tested • and you may not be entitled if you have previously had support for a higher education course. The bursary is available for young students whose gross family income is less than £34,195. The maximum award is £2,640 for students whose gross family income is £19,310 or less. If you are eligible for the YSB, you may also be eligible for the additional loan. Maximum is £785 for a family income of £18,300 or less. 7
5. Independent Students’ Bursary If you are an ‘independent student’ studying in Scotland, you may be eligible for the Independent Students’ Bursary. You must meet one of the following conditions: • Over 25 • Married • In a civil partnership • Living with a partner • Your parents are no longer alive This bursary is available for learners who meet the criteria and whose household income is less than £34,195. The maximum rate is £1,000 if your household income is £19,310 or less per year or if you are single. 6. Supplementary grants You may be able to claim additional help in the form of non repayable, mainly means tested grants even if previously you have had help for a full-time higher education course. You can apply to SAAS for: 6.1. Dependant’s Grant for a dependent husband, wife, civil partner or other adult dependant who is not a student. Maximum award: £2640 6.2. Lone Parent’s Grant of up to £1,305 if you are a widowed, divorced, separated or single student with at least one dependent child. 6.3. Care Leaver’s Grant if you were in care immediately before starting your course, or you were in care when you finished your compulsory schooling to help with accommodation costs in the summer break. Award: up to £105 per week. 6.4. Disabled Student’s Allowance (DSA) if you have a disability, to cover certain additional expenses arising because you have become a student. This help is not means-tested. Contact SAAS for more information or speak to a Learner Support Officer in Student Services at college. It is important to apply as early as possible for this help. 7. Other help available through college 71. Student Discretionary Funds (Hardship Fund) You can apply to the college for help with a grant, not a loan, towards some of the costs of: • child care • travel • disability • books and equipment • accommodation • living costs Before applying, you should have taken up your maximum entitlement to a student loan and other grants. You must provide evidence to support your application. Application forms for help from the Student Discretionary Funds will be available from Student Services. Learner Services run Funding & Money Matters drop-ins daily from the Learner Services office. You can speak to a Learner Services Officer about the Discretionary Fund or about any financial issues you are having. All drop-ins are confidential. WOW 8
Page 1 and 2: Learner services Finance £Support,
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Page 7 and 8: Bursary awards: 2010/2011 figures (
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Page 15 and 16: 3.2. Higher Education students can
Page 17 and 18: BUDGET FORM Use this form to help y

FINANCE - Edinburgh's Telford College

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