Key Facts

Type of award: Bursary
Total value: £2,000
Year of entry: 2021/22
Application deadline/process: Automatic (see below for details)

Overview

If you are from a low income household our Financial Bursary may be able to help. This support is provided in instalments, made across the academic year directly into your student bank account. The Scheme awards £2,000 in total across 3 academic years.

How is the value received?

We award £2,000 in total across 3 academic years, £500 in Year 1, £750 in Year 2 and £750 in Year 3 (with £750 in Year 4 for applicable cases).

Payments will be made in two instalments each year, once eligibility has been confirmed and your bank details submitted to us. The first instalment will be processed at the end of November 2021 and the second at the end of February 2022, to those students who are eligible at the time. Follow up payments will be made periodically after the first and second instalments to any students who become eligible or submit their bank details after the deadline for each payment. (eligible students starting on programmes that begin in March will be processed at the end of May 2022 and August 2022).

Eligibility

In order to be assessed as eligible for the Scheme you must meet the following criteria:

Entering year 1 in 2021/22
Paying the maximum tuition fee
Studying at our main or Burnley Campus sites
Studying full-time on an eligible undergraduate degree programme
Have an assessed household income of under £20,000 from Student Finance England / Northern Ireland / Student Awards Agency for Scotland
Fully enrolled and in attendance at the time of each payment
Have validated bank details registered on our secure system

Excludes the following programmes: Distance learning | Blended learning.

How to apply

There is no direct application that needs to be made to be assessed for the Scheme. You must have applied to Student Finance to have your household income assessed, and you must register your bank details with us in order to be assessed for the Scheme. When applying for household income assessments both you and your sponsors (parents, guardians etc) must consent that Student Finance can share your data with us.

Once you have completed enrolment with us, the academic year has begun, and we receive confirmation of household income from Student Finance we will then begin assessing you for eligibility. You will receive an email to your University email address confirming your eligibility as each payment approaches.

FAQs

I am a Foundation Year student in 2020/21 am I eligible for the Financial Bursary Scheme?

Yes, any 2020/21 Foundation Year student who progresses onto Year 1 in 2021/22 and meets all the necessary eligibility criteria for the Scheme will be eligible.

I am a Foundation Year student starting in 2021/22 am I eligible for the Financial Bursary Scheme?

No, Foundation Year students are not eligible for the scheme in 2021/22 as they do not meet the eligibility criteria. However when they progress into Year 1 in 2022/23 they will be assessed for the scheme.

Can I be eligible for both Schemes?

Yes, it will be possible for students who are entering Foundation Year in 2021/22 to then also be assessed for the UCLan Financial Bursary in 2022/23. If students meet the criteria for both they will receive payments for both.

I am a student from the EU / Wales / Channel Islands am I eligible?

No, the Schemes are not available for students from these areas.

I am an international student am I eligible?

No, the Schemes are not available for international students.

I am a dentistry / continuing pre-reg nursing / MBBS student am I eligible?

No, the Schemes are not available for these students.

I am studying at a Partner College / Overseas campus am I eligible?

No, the Schemes are not available for these students.

Can I be paid in Cash / by Cheque?

No, only secure payments directly into validated bank accounts will be made.

I have an outstanding debt to the University will I receive payment?

Any debt outstanding to the University at the time of Bursary instalments will be deducted from the bursary payment.

Accounting & Finance (Foundation Entry)