Shipley College Student Finance: A Comprehensive Guide

Navigating student finance can be daunting, but Shipley College is committed to supporting students in accessing the funding they need to succeed in their studies. Understanding the options available is the first step towards ensuring financial stability throughout your educational journey.

Funding for 16-18 Year Olds

For students aged 16-18 undertaking full-time education, there are several avenues for financial assistance. Tuition fees are generally free. However, students may be eligible for support with other costs.

• 16-19 Bursary Fund: This fund is designed to help students from low-income households with expenses such as transport, equipment, books, and childcare. Eligibility criteria and application processes vary, so contacting the Student Support Team at Shipley College is crucial to determine individual entitlement. The fund prioritizes students in vulnerable groups, such as those in care, care leavers, and those receiving Income Support or Universal Credit in their own name.

Funding for Students Aged 19+

Students aged 19 or over have different funding options available, often dependent on the level and type of course they are undertaking.

• Advanced Learner Loans: These loans are available for students studying eligible Level 3, 4, 5, and 6 courses. They help cover tuition fees and are repayable once the student is earning above a certain threshold. The advantage of these loans is that the government pays the college directly, reducing the upfront financial burden.
• Adult Education Budget (AEB): Some courses may be fully or partially funded through the AEB. This funding is often prioritized for individuals seeking to improve their basic skills or gain qualifications to enhance their employability. Eligibility criteria can vary, so it’s important to check with the college about specific course availability and funding.
• Access to Higher Education Loans: If you are planning to progress to university after completing an Access to Higher Education Diploma at Shipley College, you may be eligible for a loan to cover the cost of the diploma. These loans are often written off upon successful completion of a higher education course.

Additional Support and Advice

Beyond specific funding streams, Shipley College offers extensive support to help students manage their finances:

• Student Support Team: The college has a dedicated Student Support Team who can provide impartial advice and guidance on all aspects of student finance. They can help you understand your entitlements, complete application forms, and navigate the complexities of the funding system.
• Financial Advice: The team can also provide budgeting advice and signpost you to external agencies that can offer further support with money management.
• Hardship Fund: In exceptional circumstances, the college may be able to offer support from a hardship fund to students facing unexpected financial difficulties.

How to Apply and Get More Information

The best way to understand your individual financial situation and the funding options available to you is to contact the Student Support Team at Shipley College directly. You can find contact details on the college website or by calling the main switchboard. Be prepared to provide information about your course, age, and household income. It is also advisable to research potential funding sources and eligibility criteria before meeting with the team to make the most of your consultation. Proactive engagement is key to securing the financial support you need to thrive at Shipley College.