Student finance – new students should apply now!
The deadline for students to get all their money in time for the start of their course has passed.
COLLEGE CAN BE COSTLY but there is help available…
If you are struggling financially, speak to a Student Adviser on either campus. We can help you try and find solutions.
- Oaklands College students can travel on the UNO bus for £1 or £2 unlimited travel for an entire day. Just show the driver your college ID badge and keep your ticket for the return journey.
- Herts Saver Card for 11-18 year olds. You must be in full time education. The Saver Card gives a 50% reduction on all bus journeys in Hertfordshire and is available to you if you live in Hertfordshire. Check with your bus company about the cost of weekly, four weekly and monthly tickets and you may be able to save considerable amounts of money on your fare (especially if you have the Saver Card). Daily tickets tend to be the most expensive if you are not using UNO buses. The Herts Saver Card is available from https://www.hertsdirect.org/actweb/savercard/default.aspx
- Hertfordshire Train Card gives you a 30% if you are 16-18 years old (you must live in Hertfordshire) buying weekly, monthly or quarterly tickets. To apply telephone (0300) 123 4050 for an application form.
16-18 – care leavers, young people in care and other vulnerable young people
If you are a young person who is in care or a care leaver, or if you are in receipt of Income Support in your own name you can apply for the Guaranteed Bursary to help you with expenses at college. If you think you may be eligible, please speak to a Student Adviser and complete a Financial Assistance application form.
16-18 year olds
If you are 16-18 and your household is on a low income (check with Student Advice) you can apply for Financial Assistance. This may help you with costs such as:
- materials fee
- essential course trips
- equipment such as boots and overalls
If you are aged 19+, studying a course up to Level 2 you may be able to apply for Financial Assistance also. The help you might receive will depend on individual circumstances.
If you are 24+ and studying a course at Level 3 certificate, diploma or above you can apply for the 24+ Advanced Learning Loan. https://www.gov.uk/advanced-learning-loans/overview.
You can get free and impartial money advice from the Money Advice Service https://www.moneyadviceservice.org.uk/en.
If you are a parent you may also be able to get help with childcare costs while you study. If you are aged under 20 at the start of your course you should apply for Care To Learn funding https://www.gov.uk/care-to-learn.
Students who are over 21 and on a low income, can apply for childcare funding using the Financial Assistance application form, which you can get from the Student Advice team.
The Student Advice team are also aware of local charities. These charities can sometimes support students suffering hardship. If you would like to speak to a Student Adviser, in confidence please ask at the Student Advice desk on your campus or email firstname.lastname@example.org for an appointment.
Paying for your course…..
The cost of your course will vary depending on factors such as your age, what level course you are going to do, your existing qualifications and your personal circumstances. Student Advisers, at each campus can advise you further.
If you work with students who are starting university or college and they haven’t applied for student finance, it’s time to tell them not to wait. They don’t need to have accepted an offer from a university or college to apply for student finance. They can apply using their preferred choice of course and change the details online later, if they need to.
The quickest and easiest way to apply is online at www.gov.uk/student-finance
We’ll try to make an initial assessment of their application so they’ll have some money as close to the start of their course as possible.
If they’ve already started their application online, remind them to log back into their student finance account now and finish it as soon as they can.
For everything students need to know about student finance, they should visit SFE’s student finance zone on The Student Room.
It’s crucial that prospective students get the most up-to-date information – and who better to give them that than you? That’s why we’ve produced a range of resources designed to help you explain student finance to your students and their parents.
To access these resources and for the most accurate information on student finance bookmark our website www.practitioners.slc.co.uk/
Share our interactive quick start guides with your students, you’ll find them at quickstartfinanceguide/index.html
To Download the College Financial Assistance Procedures click here.