The 16-19 Bursary Funds are paid by the Educational Funding Agency (EFA) to Academies so they can provide financial help to students whose access to education might be inhibited by financial consideration. A bursary is money that may be typically used to pay for things such as books, equipment, transport, field trips.
You may qualify for a student bursary of up to £1,200 if you are aged between 16 and 19, depending on your circumstance and the benefits you receive.
There are two types of bursary available:
Vulnerable Student bursary:
You could get up to £1,200 if one of the following applies:
You may qualify for the full amount, or a part thereof, depending on your individual circumstances. Funding for this bursary is held centrally by the EFA. Students who qualify for this bursary might experience a short delay while the Global Academy applies to draw down the funding.
Discretionary student bursary:
You could receive a discretionary bursary if you do not qualify for the vulnerable student bursary. This would be dependent on individual circumstances.
One off payments: Students wishing to access the bursary fund for one off support for equipment, transport etc should contact the Academy detailing their needs. The overriding criteria is that the funds will be used as additional support for Bursary Students or to remove financial stigma regarding participating in events. Receipts will be required.
The size of the discretionary payments depends on the number of applicants. Amount for 2019/20 to be confirmed. Students who qualified for a bursary in one year do not automatically qualify in the following year.
To continue to receive a bursary a student must satisfy the following conditions:
The student must have no unauthorised and unexplained absences or lateness from lessons or from the school.
The student must sit all his/her examinations
The student must be up to date with all class and homework and have handed in coursework by the deadline.
Student attendance will be reviewed termly. For the following term’s payment to be authorised, students must have zero unauthorised absences since the last review or since the start of the academic year (if term 1).
Timing and amounts of payments
Students must be legitimately enrolled and meet all of the Commitment Conditions.
Applications for 2019/20 bursary funds must be made by 30th Sept 2019.
The Global Academy will aim to respond within 15 working days of application closing date.
Payments will be made on a 3 instalments (termly basis) and may be prorated based on the student enrolment date and academic year.
Bursary payments will be made to a bank account via BACS transfer to a bank account held in the student’s name, or to a joint account if the student is a named account holder. Please ensure that these details are correct on the form and should there be any changes during the academic year, please inform the Finance Office.
To apply for a bursary, please complete the enrolment online form and return them with your supporting evidence to our Finance Manager at the Academy.
These will then be considered by the Bursary Fund Manager and referred to the Academy’s Governing body if considered appropriate. The Global Academy is free to determine how the Bursary Fund is awarded based on all of the criteria above. The Global Academy is free to determine how the Bursary Fund is awarded based on the all of the criteria above and on the overall amount of grant received.
For further information, please speak to the Finance Manager at the Academy. This policy will be reviewed annually.