Bursary payments
Bursary payments are ordinarily made in 6 instalments covering each half term providing you meet the conditions detailed on page 4. If your school advises, or you have a particular request or need for more regular payments, this will be considered.
All payments will be made into your own bank account by a process called BACS transfer. Please note that BACS payments can take up to 3 days to transfer to your account.
It is essential that you have a bank account in your name as payments can only be made into your own account via a bank transfer. Cash payments will not be made in
any circumstance. Some of your bursary may be paid in kind. Books and equipment purchased on your behalf through the Bursary Fund will need to be handed back to the school at the end of your course.
It is important that you make sure that your bank or building society is able to accept BACS transfer before you provide your bank account details. Post Office accounts and some Credit Unions do not accept BACS payments.
When will my payments start?
Once your application is approved, we will send you a letter confirming the dates when you will be paid.
Instalment payments will only be made after your school confirms you have met the required standards of attendance, behaviour, and progress. Payments will be stopped if you do not maintain these standards and/or do not provide evidence of expenditure if requested.
How long will I receive payments for?
As long as your school confirms that you are meeting the required standards of attendance, behaviour and progress, payments will continue for the duration of the academic year 2025/26 (the Bursary scheme considers the academic year to consist of a minimum of 30 weeks; courses that last for less than thirty weeks will result in a pro-rata payment)
There is no guarantee that you will receive funding next year even if you are eligible this year. You must re-apply for 2026/27. All awards will depend on the funding received from the Government. A new application must be made each year.