What types of extra funding are available to help you at university?
There are schemes designed to help you cover the costs of university, some which you won't need to pay back, and others which you will. Here’s a quick overview.…
Scholarships and bursaries
What are they? Scholarships and bursaries come in various shapes and sizes. They might be offered on the basis of your academic abilities, they may be means tested, or perhaps a combination of both. They might also be offered for other reasons – for example, if you are a care leaver or have a disability.
Funding like this can last for one year of your university course (usually the first year) or they can extend over the whole period of your studies. Scholarships try to cover some or all of the cost of your tuition fees and living costs - meaning you won’t need to borrow as much from the Student Loans Company.
Where do you get them from? These are offered by universities, further education (FE) colleges that offer degree courses, charities, trusts or your local council.
Typical example: An Academic Achievement scholarship from Bournemouth University, or something like the Leverhulme Trade Charities Trust undergraduate Bursary. While they have different names, these two examples are pretty much the same thing – free financial help given at the discretion of an institution.
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