Many students planning to study for a Higher Education course at Bolton College will look to finance their studies through a student loan. Details about how to access these loans or other possible funds are explained below.
Student Loans
Many students looking to do a Higher Education course with Bolton College will look to finance their studies by taking out a student loan. MoneySavingExpert.com provides factual information about the student loan system, the package of support available; the ‘quick links’ information and video on this site are a ‘must see’ for students and parents considering this financial option.
Identifying and accessing additional sources of student funding
There are several funding streams available to help able or disadvantaged students to progress and reach their full potential:
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For Bolton College students who achieve a merit award or above at Level 3 and want to continue onto an HE course at the University of Bolton, there are three scholarships available under the ‘2010 Fund’ which are worth £1250 each.
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The University of Bolton scholarship offers an annual payment of £500 to Bolton College students progressing onto one of their undergraduate courses, where the student’s household income is under £25,000 and annual tuition fees exceed £6,000. (To qualify, a student must have successfully completed a Level 3 qualification at Bolton College and have firmly accepted an offer of a place on a full-time UK undergraduate course of study at the University of Bolton by 1st August, prior to starting in September 2012).
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Educational charities and trusts offer help to students who may be without funding for part of their course or to those who need help over and above that provided by public funds. The NUS (National Union of Students) website provides an overview of potential funding streams and web links to grant services and relevant bodies.
- For some part-time HE courses, a student’s employer may be willing to contribute towards the course fees. Part-time students can also apply for a Student Loan – check out thie information on MoneySavingExpert.com for details.
2010 Fund – Supporting progression opportunities
The University of Bolton and Bolton College are keen to strengthen their relationship, reward local loyalty and encourage more Bolton College students to progress onto University of Bolton courses. The ‘2010 Fund’ provides financial support to help students enhance their careers through their studies – with the intention that when they graduate they can add to the future success of the local business community.
Amount
The fund provides 3 scholarship places, worth £1,250 each. The scholarship will be paid in two installments of £625, at the start of the first and second years of the course. Payments are subject to satisfactory attendance and progression - if the student withdraws or interrupts their studies, payments will cease.
The scholarship can be held in conjunction with other awards from the University which students may be eligible for, including other University Scholarships or the Access to Learning Fund. For current details on financial assistance for full-time undergraduate students, please visit the University of Bolton Scholarships web pages.
Please note. All figures quoted are subject to confirmation. The award will be paid to first HE courses only - not subsequent, equivalent or lower level ones.
Eligibility
The following eligibility criteria must be met:
- You are a Bolton College student and have successfully completed a full level 3 or Access course( gaining a merit level or above)
- You permanently reside in the North West of England
- Your level 3 studies should result in a vocational award (such as a BTEC National Certificate or Diploma, an Advanced Diploma or appropriate NVQ award)
- You have to pay tuition fees (via a tuition fee loan , else be self-funded)
- Your stated UCAS preference must be for the University of Bolton and submitted before the 1st July 2012
How to Apply
Eligible students need to submit a written 1000-word application, outlining their professional career ambitions and financial need. Please refer to examples of work and any extra curriculum activities outside of college. Prospective applicants must also be willing to promote higher-level learning for both the University and Bolton College.
Employer Participation
We invite local firms and individuals who have connections with the two institutions to contribute to the Fund. (Private donations to the Fund are currently eligible for gift aid.)
University of Bolton scholarship
Amount
The scholarship fund offers an annual payment of £500 to Bolton College students progressing onto one of their undergraduate courses, where the student’s household income is under £25,000 and annual tuition fee exceeds £6,000. To qualify, a student must have successfully completed a Level 3 qualification at Bolton College and have firmly accepted an offer of a place on an undergraduate course of study at the University of Bolton by 1st August, prior to their September start.
Application process
In order to receive the scholarship students must have applied for student funding via: www.direct.gov.uk/studentfinance, regardless of whether applying for other support.
Payments
Students will be paid in two instalments of £250 for each year of study (£500 per year) subject to continuing and satisfactory attendance on the course. Payment dates will be made in February and May. If a student withdraws from a course, transfers to another institution or fails their programme of study, payments will be terminated. Payments will be suspended if a student interrupts their studies and the scholarship does not apply when studying abroad or on a sandwich course placement.
Further information is available from Ms Karen Bentley (Student Funding Advisor) by calling 01204 903497 or e-mailing studentfunding@bolton.ac.uk
Other sources of information
You may find the following links useful:
