Financial Support for Students Sample Clauses
The 'Financial Support for Students' clause establishes the terms under which students may receive monetary assistance or benefits during their studies. Typically, this clause outlines eligibility criteria, the types of support available—such as scholarships, grants, or stipends—and the process for application and disbursement. Its core function is to ensure that students have access to necessary financial resources, thereby reducing economic barriers to education and supporting academic success.
Financial Support for Students. 4.4.1 We acknowledge that unexpected expenditure can be a major impediment to study; and that courses in the creative arts can impose particular demands because of the cost of materials.
4.4.2 Historically, in common with most providers of undergraduate courses within the creative disciplines, the University charged a “course materials fee” to contribute towards the cost of materials provided by the University free of charge. This fee was suspended from 2006/07, and we shall continue to meet this cost from the income derived from tuition fees. (It remains the case that some courses require students to provide key equipment, which will usually be offered at a subsidised rate.) This expenditure is not, however, deemed “countable” and hence has not been included.
4.4.3 Students who are under local authority care when they enrol at the University are automatically eligible to receive a bursary of £2,000 for each academic year of their undergraduate course. We offer this bursary to students up to the age of 25 on entry to higher education who have been in care for 3 or more months up to and including the period of GCSE/A level or equivalent study (evidence will normally be required). This bursary is in the form of a grant, is not means tested and will not affect student entitlement to any other financial support. This award is in addition to the other bursaries and benefits to which a student may be entitled. The bursary will be paid in February of each year. The University reserves the right to claim back a proportion of this grant if the student fails to complete the year, but will consider each case on its merits. The bursary for care-leavers is subject to annual review, and may not be increased in line with inflation.
4.4.4 The University acknowledges the cost of undergraduate study in art, design, media and performance, and those students from lowest income households will benefit from direct financial support for their major project at Level 6. Our evidence from the last four years shows that non-traditional students regularly seek grants from our Hardship Fund to support their work on their final year project work. In consequence, students who enrol in 2014/15 and progress successfully to Level 6 study in 2016/17, and who are in receipt of a full maintenance grant, will receive a progression scholarship of £200 on enrolment for ▇▇▇▇▇ ▇ study. This scholarship is in the form of a grant and will not affect student entitlement to any other financial support...
Financial Support for Students. 100. The University concluded, following consultation with its Students’ Union, that the loan arrangements available through Student Finance England make fee waivers a less attractive offer to prospective students, whereas packages that provide financial support in cash or in kind are preferred.
Financial Support for Students. Bursary Household income Total Bursary Semester 1 Semester 2 Less than £25,000 £500 £250 £250 £25,000 to £42, 875 £250 £125 £125 Household income Total Bursary Term 1 Term 2 Term 3 Less than £25,000 £1,000 £250 £500 £250 £25,000 to £42, 875 £500 £125 £250 £125
Financial Support for Students. 5.1 The University has committed to reduce spending on financial support by removing Promise, ▇▇▇▇▇▇▇ and Access Scholarships from 2017 entry. The savings from this will be ring-fenced to scope, identify and address issues relating to student progression and success, subject to the outcome of any changes in external circumstances. Ideally, this will result in more staff resource in Student Wellbeing, and more investment in study skills support. In future years, this will also be used to cover the anticipated reduction in Student Opportunity funding.
5.2 The University will continue to provide targeted financial assistance to students from low income backgrounds and under-represented groups, despite a reduction in funding in this area. Students entering the University in 2018, who are ordinarily resident in the UK/EU and to whom the home rate of tuition fee applies (subsequently referred to as ‘home students’) will be eligible for scholarship support according to the criteria below. We are anticipating this to be circa. £5.5m, allocated to 3,630 undergraduates in the form of Opportunity Scholarships (approximately 28% of students).
5.3 Although recent OFFA research indicates that cash bursaries may not affect students’ choice of institution, our assessment of the applications for hardship support over the past five years shows that bursaries play an important role in reducing the financial burden and debt for individuals. 83.3% of Newcastle University recipients said that receiving a scholarship impacted a lot or somewhat on their ability to remain on their course. It is also clear that students favour money that supports their living costs, rather than fee discounts: 92.4% of respondents stated that a cash bursary over any other kind of incentive (fee discount, accommodation discount, equipment or vouchers) would influence their decision the most to accept their offer from the University. As a result, our financial support for 2018 entry focuses on the provision of cash bursaries to provide optimum support and student choice.
5.4 Our overall package of student financial support provides: targeted support for the duration of undergraduate study; additional funding for hardship support and an extended range of paid placements and work opportunities on campus. We have also reviewed and minimised additional costs to students as well as providing financial support towards the costs of compulsory field trips, and participation bursaries for low income students w...
Financial Support for Students. In response to the regulatory authority’s advice on the subject, the university will conduct an investigation into the effectiveness of its scholarships and bursaries, and will prepare to adjust its policy on scholarships in future years as a result. The university is mindful of the challenges students face after the loss of the maintenance grant – accessed by an average of 25% of St Mary’s students when it was in effect – as well as possible changes to the Disabled Students Allowance (DSA) and so will maintain our general Hardship Fund support at £200k for 2018/19 in order to best help students who most need specific financial support whilst studying with us. As well as this, by 2018/19 we will have greatly increased the capacity for which we can help Care Leavers and Estranged students with this fund, enhancing our care and outreach to students studying with us, so that we may help them in any way we can. In relation to financial support, we have listened to student opinion and are therefore offering fewer fee waivers and more payments directly to them as part of their scholarships and bursaries. The emphasis of our financial support remains to provide the greatest benefit to the highest number of students whilst continuing to provide targeted support to other students such as Care Leavers, those identified through our outreach programme, and students from Catholic schools in line with our Catholic ethos, mission and values. The financial support that is counted in our agreement is specifically targeted at under-represented and disadvantaged groups in Catholic Schools. S t Mary’s Scholarships Up to 50 Scholarships of £6,000 awarded as cash or fee waivers over 3 years to students who meet the following criteria: Successful applicants will be awarded the following: Year 1: £3,000 as a cash award and/or tuition fee/accommodation fee waiver Year 2: £2,000 as a cash award/tuition fee waiver Year 3: £1,000 as a cash award/tuition fee waiver Successful applicants studying on a part-time course will receive a cash award on a pro-rata basis calculated according to their FTE. For example students undertaking 60 credits of an undergraduate degree with a tuition fee liability of £4,500 would be eligible for an award of £1,500 at ▇▇▇▇▇ ▇, £1,000 at Level 2 and £500 at Level 3. To be eligible to apply for a St Mary’s Scholarship students must: have an assessed annual household income below £25,000, and have been offered a place on a full-time or part-time (m...
Financial Support for Students. At the University of Greenwich’s Campuses.
Financial Support for Students. The University has offered a generous package of financial support including bursaries to student from lower socioeconomic backgrounds in the past. This support will be replaced by the measures outlined within this Access Agreement including the higher than average National Scholarship Programme allocation. As a part of the research to devise this agreement, current students and alumni were consulted on the most appropriate level and type of support within the National Scholarship Programme. These student views have informed the package of support being proposed.
4.1 National Scholarship Programme (NSP) The following are the proposed UH NSP measures. The University has been allocated 248 scholarships worth £744,000 (£3000 per student), the University intends to match fund these scholarships in years 2 and 3 of the student’s programme. The University NSP will be targeted at eligible UK students on programmes charging fees above £6,000 (excluding programmes with fees not covered by this Access Agreement; for example foundation degrees) and who fall into one or more of the following groups:
1. Are identified to be in the lowest HE participation quintile 1* and with a household income of £25,000 or less
2. In receipt of incapacity benefit
3. Identified as a Looked After Child (Using the statutory definition) *Applicants will be given support to identify which quintile their postcode is located. The Scholarship will be awarded to part-time students on a pro rata basis The NSP at Hertfordshire will be allocated in the following way: Year 1
1. £1,000 voucher payment towards University provided accommodation or a laptop (3 year full warranty), software and printer from a designated supplier
2. £100 book voucher or similar eg course materials
3. Fresher’s pass and/or clubs and society membership up to the value of £100
4. Access to a final year mentor (value £300)1 5. £500 voucher to support subsistence eg travel 6. £1,000 tuition fee waiver NB1 Students will be able to opt-out of the mentoring programme and will be able to select an appropriate alternative to aid their educational experience. Year 2 students who were awarded an NSP scholarship in their first year of study and maintained a 2:1 average performance in the previous year:
1. £500 cash contribution towards living costs 2. £500 voucher to support subsistence eg travel
Financial Support for Students. The University has concluded, following consultation with its Students Union, that the loan arrangements available through Student Finance England make fee waivers a less attractive offer to prospective students, whereas packages that provide financial support in cash or in kind will be preferred. Durham is a collegiate university and participating in a college community is an integral part of the student experience. For this reason, living in college in the first year is a regulatory requirement for most students. Therefore, financial support will be targeted at facilitating this participation, by offering the support in the form of free or subsidised college accommodation, where appropriate. The University will introduce a financial bursary scheme for students who progress from the Supported Progression Scheme who will be offered £5,500 per annum for the duration of their course. It is estimated that 90 new entrants per year will be offered the bursaries. In 2012/13 with the first year of entry from the Supported Progression Compact Scheme, this will cost up to £495k, rising to £1.5 million by 2015/16 when there will be students in all four undergraduate years who have progressed from the Scheme. In their first year, students will be offered at least part of the bursary in the form of a subsidy for college accommodation. Through a combination of the National Scholarships Programme (NSP) and the ▇▇▇▇▇▇ ▇▇▇▇▇ Scheme, the University will provide financial support packages of £3,000, either as discounted college accommodation or as a cash bursary, for every year of their course to all home undergraduate students resident in the UK where the residual household income is below £25k per annum (as assessed by Student Finance England in accordance with its guidance on Assessing Financial Entitlement). Approximately 1,800 students in total will be in this category so that by 2015/16 the total sum committed to these will be £5.4 million, of which, it is assumed, approximately £1.3 million will be received from the government under the NSP scheme. The Government’s restrictions on the use of NSP funding mean that the University will use the NSP funding and the matched NSP funding provided by the University for college accommodation subsidies only. Any cash bursaries will be offered through the ▇▇▇▇▇▇ ▇▇▇▇▇ Scheme. Therefore, as a condition of receiving financial support, students will be required to apply for college accommodation in their first year and in their fin...
Financial Support for Students. The University is committed to the principle that no UK student should be deterred from applying to the University of Cambridge because of financial considerations, and that no student should have to leave because of financial difficulties.
Financial Support for Students. Current Students – Last entry 2011
6.1 In 2011/12, UCL will continue to provide bursaries to current students under its previous scheme as detailed below.
6.2 All undergraduate students in receipt of a Higher Education Maintenance Grant (HEMG) will receive each year a UCL bursary equal to at least 50% of their grant. In addition: Band 1 - Students from families with an assessed residual income of less than £12,400 will receive, each year, a UCL bursary of £2,905. Band 2 - Students from families with an assessed residual income between £12,401 and £14,500 will receive, each year, a UCL bursary of £2,300. Band 3 - Students from families with an assessed residual income between £14,501 and £16,900 will receive, each year, a UCL bursary of £1,730. Bands 4 and 5 - Students from families with an assessed residual income greater than £16,901 will receive a UCL bursary equal to 50% of their grant.
6.3 In their fourth year of study eligible students returning from a year of Study Abroad and those progressing to the final year of an MSci or MEng programme will receive a UCL maintenance bursary equal to double the bursary value stated in UCL Bands 1, 2 or 3 above. If their income level falls outside the levels specified in Bands 1, 2 and 3 students will receive a bursary equal to 100% of their maintenance grant or special support grant. All other eligible students in year 4 will receive a bursary at the usual UCL rate.