Finance
Financial Information & Support

To help meet the costs associated with accessing learning, students experiencing financial difficulty can apply for assistance in the form of a bursary.


Funds are allocated through a means assessed system. Funds are provided by the Education and Skills Funding Agency (ESFA).


Assistance may be in the form of a contribution and may not cover the full costs associated with your Study Programme.


To apply for financial support, please complete the Financial Assistance Form 2018/19, which can be collected from Main Reception, downloaded from our website www.yeovil.ac.uk or sent out on request. To apply for financial support, please complete the Application Form for Financial Support 2018/19, which can be collected from Main Reception, downloaded from our website www.yeovil.ac.uk or sent out on request.



Student Support Funds Policy

Guaranteed Bursary

These are awarded to:

  • Children in Care or Care Leavers.
  • 16 - 19 students in receipt of Income Support or Universal Credit in their own name.
  • Students in receipt of Employment Support Allowance (ESA)/Universal Credit and Disability Living Allowance (DLA)/Personal Independence Payment (PIP) in their own name. Learners must be in receipt of both benefits to qualify.
  • • Proof of eligibility must be enclosed with your application form. Applications without evidence will be returned. See application form for details.

  • Other Discretionary Bursaries

    These are awarded to:

  • 16-19 students whose household income falls below £30,000.
  • 19+ students living in the parental home who can provide evidence of personal income of below £30,000.
  • 19+ students living independently or with a spouse/partner and can provide evidence of household income below £36,000.
  • Learners who are in receipt of an Adult Learning Loan.
  • Proof of eligibility must be enclosed with your application. Applications without evidence will be returned. See application form for details.



  • Free Meals

    These are awarded to:
    • 16-18 students whose household income falls below £16,190.
    • Households who receive both Working Tax Credit and Child Tax Credit are not eligible.
    • Households who receive Universal Credit whose net earnings do not exceed £7,400 per annum.


    Travel to College

    Annual county tickets are available directly from Somerset County Council to students attending college in Somerset. The cost of the county ticket for 2018/19 is £795. Students aged 16-19 with a household income below £30,000 will receive 100% value of the County Ticket. Please see the Student Support Funds Policy on our website for details. The ticket can be used on most local and cross border public bus services, subject to operator restrictions. The college can support bursary students with financial support towards the cost of a County Ticket, but applications for the County Ticket must be made directly to Somerset County Council by the beginning of August 2018 (Exact date unavailable at time of publication). Please use this link to purchase the county ticket or for further information. http://www.somerset.gov.uk/roads-parking-and-transport/public-transport/county-ticket/



    Childcare

    • Childcare is not assessed until all applications for this are received.
    • Awarded payments are a contribution only made directly to the learner. It is the responsibility of the learner to ensure that all bills are paid including any remaining balances to the childcare provider.
    • Childcare payments are made monthly in arrears.