Finance

We have dedicated support to help you with your student Finance queries, or in the event you were to get into financial difficulty during your time with us.

For more information, advice, and guidance please do not hesitate to contact us on 01509 618375 or send an email to: studentfinance@loucoll.ac.uk

We are here to help.

Learner Support Funds - Bursary

The Loughborough College Bursary Fund is designed to help learners aged 16-18
who meet specific financial criteria with costs incurred as a result of studying.

The Enhanced Bursary is available to ‘vulnerable learners’ (as defined by the ESFA)
aged under 19 as of 31st August of the chosen academic year of study on a Further
Education course.

You may be able to claim additional funding from one of the College’s Bursary funds to help towards costs such as Equipment (Uniform & Kit), Mandatory Trips, Essential Books, Childcare, etc.

These are available for both our Further Education and Higher Education students.

This year we’ve received support from the Randal Charitable Foundation who’ve given us some funding to provide further bursary support to our students.
You will be able to apply for up to £1200 depending on your needs and every application
will be assessed on the needs of the individual.

If you need further information, please visit our website www.loucoll.ac.uk/student-services/support/financial or contact our Student Finance team, you can also find them based behind reception in the Hub.

Phone: 01509 618375 or Email: studentfinance@loucoll.ac.uk

Advanced Learner Loans

Students aged 19 or over, studying an eligible Level 3 or Level 4 course may be able to apply for a loan to cover the tuition fee element of the course. For further information visit: https://www.gov.uk/advanced-learner-loan

If you still have questions please go to the Reception in the Hub and ask to speak to the student finance team.  Alternatively, you can call 01509 618 375 or email studentfinance@loucoll.ac.uk

Student Loans for Higher Education Students

HE students can apply for a loan to cover tuition fees and living costs.

Apply online at www.gov.uk/studentfinance. For information and queries contact Student Finance England – Phone: 0300 100 0607 or visit: www.gov.uk/contact-student-finance-england

We have dedicated support to help you with your student Finance queries as well if you were to get into financial difficulty during your time with us.

For more information, advice, and guidance please do not hesitate to contact us on 01509 618375 or send an email to: studentfinance@loucoll.ac.uk. We are here to help.

Care to Learn

Provides help with childcare and associated travel costs if you are over 16 but under 20 years of age on the day your learning starts.

For further information and an application pack call: 0800 121 8989 or visit  www.gov.uk/care-to-learn to find out more.

Disabled Students’ Allowance (DSA)

Student Support can also give advice and guidance about the Disabled Students’ Allowance (DSA) which can pay for some study-related costs you may incur as a result of a disability, long-term health condition, mental health condition, autistic spectrum disorder or specific learning difference for example:

  • Computer equipment and assistive software e.g. voice recognition
  • Other equipment e.g. digital recorders, radio aids, personal CCTV
  • Assistance from support workers such as mentors and dyslexia tutors.

For more information see www.gov.uk/disabled-students-allowances-dsas

If you think you may be entitled for DSA funding please make an application as soon as possible so that support is in place when you start your studies.

If you have any queries we are happy to contact you to discuss. Visits to the college to meet an advisor can also be arranged on request before you start your course.

The Additional Learning Support Team are located behind reception in The Hub and can be contacted on 01509 618313 or support@loucoll.ac.uk.

Career Development Loans

Loans between £300 and £10,000 towards course fees.

For further information and an application either: Phone: National Careers Service on 0800 100 900 or visit: www.gov.uk/career-development-loans

Council Tax

If you are on a full time course, you may be eligible for exemption from this local authority tax.  Please bring your student ID card to the Student Recruitment Team based in the Hub.  If you want to enquire about exemption.

Free Student Meals

Eligible students will be able to claim a ‘Free Meal’ for each day they are timetabled on their chosen study programme.

 

ELIGIBILITY CRITERIA

To be eligible for the ‘Free Student Meal’ students must be:

  • Enrolled in a further education provision funded via the Education Funding Agency
  • Aged between 16 and 18 as of 31st August
  • Aged between 19 and 24 who have an Education Health and Care Plan (EHC Plan)

 

Free Meals are targeted at disadvantaged students. For the purposes of eligibility for free meals, ‘disadvantage’ is defined by the students being in receipt of, or having parents/carers who are in receipt of, one or more of the following benefits:

  • Income Support
  • Income-based Jobseekers Allowance
  • Income-related Employment and Support Allowance (ESA)
  • Support under part VI of the Immigration and Asylum Act 1999
  • The guarantee element of State Pension Credit
  • Child Tax Credit (provided they are not entitled to Working Tax Credit) and have an annual gross income of no more than £16,190, as assessed by Her Majesty’s Revenue and Customs
  • Working Tax Credit run-on – paid for 4 weeks after you stop qualifying for Working Tax Credit
  • Universal Credit with net earnings not exceeding the equivalent of £7400 per annum

 

Please contact Student Finance for further details via Email: studentfinance@loucoll.ac.uk  or Phone: 01509 618 375

Residential Support Scheme

Provides help with accommodation costs if you are unable to travel to college on a daily basis. Students need to be aged between 16 and 18 and attending their first full level 2 or level 3 course.

The chosen programme/course must not be offered at a local educational facility or within a reasonable travelling distance from your home address.

For information ask student support or visit: www.gov.uk/residential-support-scheme

Provides help with accommodation costs if you are unable to travel to college on a daily basis. Students need to be aged between 16 and 18 and attending their first full level 2 or level 3 course.

The chosen programme/course must not be offered at a local educational facility or within a reasonable travelling distance from your home address.

For information ask student support or visit: www.gov.uk/residential-support-scheme

For the latest information visit the main college website at www.loucoll.ac.uk/student-services/support/financial