NEW BURSARIES AND BUS ROUTES
NEW BURSARIES AND BUS ROUTES FOR THE NEW ACADEMIC YEAR
It’s no secret that the recession has hit education hard and with the education maintenance allowance (EMA) coming to an end; a lot of young people are questioning whether they can afford to stay in education after their GCSES Here at KGV we are doing everything we can to enable you to have the education you need for the future you deserve Finance is a difficult subject at the best of times so we’ve summarized some of the changes to how KGV supports its students.
16-19 Bursaries to replace EMA:
A key priority of the government is to enable 16-19 year olds from poorer backgrounds to have the same access to education as the more affluent. The Young Person’s Learning Agency has introduced the 16-19 bursary fund which replaces EMA for students starting at KGV in September 2011 It is intended to support students from poorer backgrounds including those in receipt of income support, in care or care leavers and those from families with an annual household income of below £21,000 per annum Students in receipt of income support, in care or care leavers are guaranteed £1,200 and Students from families with annual household income of £21,000 pa or less will receive a total of £300 a year – paid in 3 installments of £100 per term Payments are linked to attendance and students in receipt of the bursary will need to achieve at least 95% attendance or payment will be withheld.
Transitional EMA will be available for those students in their second year of study who received an EMA payment of £30 per week in their first year will receive £20 per week in their second year
Think you’re eligible?
Applications pack will go out to all applicants and students in August 2012. Payments are made straight into Student Bank accounts – if you haven’t got one, get it sorted before you enroll!