What is the 16-19 Bursary Fund?
The 16 to 19 Bursary Fund is money the government gives to schools to provide financial support to help students overcome specific barriers to participation, so they can remain in education.
The 16 to 19 Bursary Fund supports those young people aged 16 to 19 who most need help with the costs of staying in education. Please note that whilst the discretionary bursary is based on the parental/household income, the bursary is in the name of the student. Loreto will correspond with the student and it will be paid directly to their bank account. If parents/carers wish to provide sensitive information without involving the student, please send this into school in a sealed envelope marked for the attention of Ms Gill , Finance Manager.
The bursary is money that students, or Loreto Grammar School, can use to pay for things like:
- clothing, books and other equipment for your course
- transport and lunch on days you study or train
- support with university open days
Receipt of the bursary is completely confidential and does not affect receipt of other means-tested benefits paid to families, such as Income Support, Jobseeker’s Allowance, Child Benefit, Working Tax Credit, Housing Benefit or, generally, Universal Credit (the Universal Credit section of this document contains more detail about this benefit).
The bursary is promoted via the school website, in the Sixth Form handbook and during school assemblies. Further information and support with applications is provided by the school Finance Manager in complete confidentiality.
- Students must be aged 16 or over and under 19 on the 31 August at the start of the academic year.
- If a student turns 19 during their programme of study, they can continue to receive the bursary until the end of the academic year in which they turn 19, or to the end of the programme of study, whichever is sooner.
- Students must meet certain residency criteria.
- Meet the criteria appropriate to the bursary type/level.
- Have an acceptable attendance, progress and behavioural record in accordance with the Loreto home/school agreement.
- Applications must be made in each year that support is required as Loreto has to ensure eligibility every year.
Any entitlement is completely confidential and Loreto is very pleased to have this opportunity to support students in the sixth form.
Types of 16 to 19 Bursary
There are 2 types of 16 to 19 bursary and the school is responsible for managing and administering both.
- Vulnerable bursary
Students who meet the criteria below and who have a financial need can apply for a bursary for vulnerable groups of up to £1200 per annum. To be eligible, the student must meet one of the following criteria:
- The student is in care
- The student is a care leaver
- The student is in direct receipt of Income Support or Universal Credit in their own right because they are financially supporting themselves and/or someone who is dependent on them and living with them, such as a child or partner
- The student is in receipt of both Disablity Living Allowance or Personal Independence Payments in their own right as well as Employment Support Allowance ( ESA) or Universal Credit in their own right
The value you receive is dependent on your circumstances and benefits and will only be paid if the student needs financial help, based on an assessment of the income and type of costs they have. Please note that there is a possibility of no award or a limited award.
- Discretionary bursaries
Bursaries that institutions award to students who are most in need of financial support. For example, to help with the cost of transport, meals, books and equipment. In 2019/20, weekly payments of £10 were paid into the bank account of each discretionary bursary student and a daily allowance of up to £2.50 was provided to spend in the school canteen (this is guaranteed for students who qualify for free school meals).In addition support was provided towards the one off costs of books, equipment, school trips and travel ( including university visits).
Loreto Grammar School has defined 2 levels of discretionary bursary and will base decisions about which students will be awarded the bursary and how much they receive on each students individual circumstances and their actual financial need. This will vary from student to student, depending on, for example, their household income, the distance they need to travel to the institution and the requirements of their study programme.
Level 1 - Low income students or disadvantaged students
Evidence will be required to support this application and will include taking account of household income as evidenced by receipt of Tax Credits Forms TC602, evidence of income from self-employment, a P60 or 3-6 months’ worth of bank statements and the 3 most recent award statements for Universal Credit. Unearned income (shares, investments, savings) may be taken into account when assessing awards.
Young people with caring responsibilities are also encouraged to apply for the Level 1 bursary.
Level 2 – One-off payments
A one off payment to enable a student to participate in a specific enrichment activity approved by the Headteacher.
- To ensure that the 16-19 Bursary Fund is administered in accordance with DfE/EFA guidelines and policies.
- To ensure that information regarding application method, award and administration of the 16-19 Bursary is readily available to all.
Evidence is required to support an application for all bursaries and will include household income as evidenced by receipt of Tax Credits Forms TC602, evidence of income from self-employment, a P60 or 3-6 months’ worth of bank statements, 3 most recent award statements for Universal credit. Unearned income (shares, investments, savings) may be taken into account when assessing awards. The ESFA require Loreto to retain this evidence and it will be held securely and confidentially. Loreto Grammar School is compliant with GDPR and is registered with the Information Commissioners as a Data Controller and Processor and is subject to all applicable Data Protection Legislation. The school recognises its duty to protect this information and to keep it up to date.The school is required to share some of its data with the Education Authority, the Department for Education and others as set out in our Privacy Notice. Hard copies of this information will be held on the student file until they are 26 years old, thereafter it will be destroyed.
The 16-19 Bursary Fund is a limited fund and the school will prioritise allocation. Students who are eligible for any level of funding should complete the online application form. However, applications can be made at any time during the year, for example due to a change in circumstances or for the Level 2 discretionary bursary. Where a students circumstances change they can apply more than once in which case the application will be reassessed.
The online application forms are available on the Sixth Form area of the school website .
In line with EFA guidelines, the school will charge a 5% administration fee from the fund.
How is the 16-19 Bursary paid?
The vulnerable bursary is paid in termly instalments.
Any payments awarded will be by BACS to the student bank account and if subsistence is offered this will be via a daily canteen allowance. Individual claims can be made at any time for the following. Whilst full payment is not guaranteed each request will be carefully considered based on individual circumstances.
- Books, Materials and Equipment.
- Field Trips and Day Visits (including University open days).
- Resit Exam Fees.
- UCAS Applications.
- Transport costs to and from school.
- Uniform purchases.
- Any other expenditure to support the student’s education.
Students have the right to appeal a decision. Students, or their parent/guardian, will be required to put any appeal in writing within 21 days of receiving confirmation of an award or a rejection. The letter should set out the reasons for the appeal and be sent to the Headteacher. The appeals panel will consist of the Head of Sixth form and the Headteacher and their decision will be given within 14 days of receiving the written appeal.
Conditions for payment include an acceptable attendance, progress and behavioural record in accordance with the Loreto home/school agreement.
Please complete the online Bursary Form 2020 - 2021. This form is also available from the school finance office. The deadline for applications is Friday 25th September 2020 and applicants will be notified of the decision by end of October 2020.
If you have any queries, please contact Ms Gill, Finance Manager or Mr Latham, Head of Sixth Form