Student Finance

Student bursary and scholarship sources

Get the lowdown on applications, plus a handy list of resources and organisations that offer students financial support.funding sourcesWhether you're calculating the costs of going to uni or figuring out just how you're going to make it through the next year, there's millions of pounds in free funding you may be entitled to.

Sounds too good to be easy? Kind of. For one thing, bursary/scholarship cash comes with criteria (more about that below). And secondly, finding out what's available, what you're entitled to and getting your hands on the cash will take time, legwork and perseverance.

Which is why we've put this guide to funding sources together to help you get started. Let's go!

What’s in a name?

Bursaries, scholarships and grants all help students who need financial support get through university. Unlike your loan, none of these need to be repaid. Where they vary is in who stumps up the goods: grants (covered here) typically come from government money while bursaries and scholarships may also be funded by private companies, individuals and anyone else with the generosity gene.

Grants and bursaries also tend to be income dependent, while scholarships are typically based on merit.

Who gets what can be harder to pin down than a Coen Brothers’ plot. There are schemes for school students, mature students, postgrads, students with disabilities or dependents, and courses for full-time, part-time, higher ed and further ed courses – and they all vary across the UK.

Sadly, there’s no unified system that helps students see what’s available from one place. In the meantime, we’ve got you covered with the facts and funders to start with.

What can I apply for?

All universities and colleges offer bursaries for students from low-income families. Some even calculate your eligibility for you when you apply for your course (if you share your income details from your student finance application) and will automatically make an award of cash, fee discounts or equipment.

Lots of bursaries/scholarships are dependent on household income, but not all of them. Other 'ins' include excellence (stunning school, uni entrance or end-of-year exams), subject choice, or sports – though we're talking top-level, not tiddlywinks.

Some charities offer funds for a whole range of circumstances, although again the offering can be very niche (location, religion, race). There are also bursaries set aside for international students and even career choices (including NHS and teaching and social work).

Bottom line? If you want to find a bursary, search creatively.

Where can I find a bursary or scholarship?

We've outlined some choice links below but, before you start hammering Google for scholarship pay dirt, it’s best to start close to home.

If you're at school, talk to your careers department – they may know about community funds you can get. Next to hit up is your local authority (council): Tower Hamlets in East London offered £600,000 of grants to students from the area in 2014/15.

If you already get funds (for a disability, for instance), chat to your funding officer about what else is going. Now's also the time to search for 'bursary' on your regional government direct or student finance portal (be warned: some sites are better indexed than others).

Spend some time perusing your university's website, too, as they'll list what's on offer, along with eligibility and deadline info, or get in touch with the student union's welfare office. If you're applying to a collegiate university (one made up of several colleges), ask about college cash as well as uni-wide funds.

Finally, if you’re returning to study, don’t discount asking your employer or job centre about back-to-school incentives.

How do I apply?

  • It’s never too early to start your search: do it while you’re researching your uni/course choices (and earmark any funds with open deadlines, in case you find yourself up a certain creek later in the year).
  • It’s never too late to start your search: some bursaries may be open-ended, or you may still be able to fund next year’s studies.
  • Apply early: scholarships attract fierce competition and don’t do deadline extensions. Start applying in Autumn the year before your course starts, if you can.

Once you've found potential funds, make sure you check all the deets: there'll be little point applying for the Catholic Dyslexic Single Parents' Award if you're none of those things. Find out when you'll get any money, and plan out how you'll spend or save it.

You should also check what happens to any cash you get if you leave your course early or your household income changes, or if taking the money means you're tied to working for a specific organisation when you graduate.

Some external funders (charities, corporations) may want you to write a personal statement or budget plan. If it’s a scholarship, you may need to attend an interview or make a presentation.

Where to search for a bursary or scholarship

There are far more options than we can list here, but consider the following your Starter for Ten: great sites worthy of perusal.

Scholarship Search

scholarship searchThe clue's in the name: lots of info about what's on offer, searchable by subject, funding type and uni. Well worth a look.

Visit »

Turn 2 Us

A good place to start if you're interested in the charity route – though be aware that not all the charities listed will offer money for education (it may be for hardship, disability or carers).

Visit »

British Council Guide to Scholarships

Geared towards international students looking to study in the UK, this site links to lots of relevant sites worth checking out, and has a pretty decent subject search, too.

Visit »

Student Disability Assistance Fund

studenthealthassociationTop-up funds to the disabled student allowance (which you'll need to have applied for first).  You must be in full-time education to be eligible, and could get up to £500.

Apply »

The Savoy Educational Trust

If you're taking a hospitality or catering related degree then this could be of use to you: up to £500 to help pay towards fees or equipment, such as your uniform and tools.

Apply »

The Talented Athlete Scholarship Scheme (TASS)

tassAre you talented? Are you an athlete? Boom. This one's for you. If you're a pro athlete you could receive support and services to the tune of around £3,500.

Apply »

You've got a bursary. Now what?

Well, don't bust the cash on a trip to Vegas. And, if there's money available over more than one year, don't forget to reapply for it if that’s part of the deal.

If you're struggling to find funding, or still can't get the books to balance, don't give up: talk to your university or its welfare officers – they've got things in place to ensure no one's unfairly priced out of getting an education.

Now you know what we know. Go. Prosper. Good luck – and let us know how you get on!

Leave a comment

Leave a Facebook comment