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Money Management Service

Money Management Services at SGS College

We are the Money Management Service Team

We are a unique service providing you with information, advice and guidance on the financial support that is available while you study. Don't be left worrying about the costs of college life, we have a variety of internal and external schemes which may be able to support you.

All information provided below acts as a guide only for students studying a further educational (FE) course at SGS College. As schemes and guidelines can change throughout the year it is important to discuss your options with the Money Management Service team to gain the full, correct information you may require.

Before you enrol it is important you are fully aware of the costs involved when studying an FE course at college. You can find information regarding fees within your joining instructions or by speaking to a member of your department, finance or the customer experience team.

Remember that it's not just college fees you need to think about, the costs of day to day college life are also important such as travel, material and food. The below schemes may be able to help but we can also offer you budgeting advice and discount information to help support you with these costs.

16-19 Bursary

The Discretionary Learner Support Fund (DLSF) provides students who are aged over 16 and under 19 years old with financial support for a range of educational requirements including educational trips, uniforms, equipment and study materials.

Eligibility

  • Students must be aged over 16 and under 19 on the 31st August of the year of study
  • Have been living in the UK or European Economic Area (EEA) for three years prior to course start date
  • Demonstrate a household income under £22,000
  • You or your parent(s)/ Guardian(s) receive one or more of the following benefits:
    • Income Support
    • Job Seekers Allowance or Employment Support Allowance
    • Pension Guarantee Credit
    • Universal Credit
    • Working Tax Credits (Income section must be provided)

For more information you can visit a member of the MMS team or email mms@sgscol.ac.uk.
You can download a copy of the application form HERE.

19+ Discretionary Bursary

The DLSF provides students who are 19 years old and over with financial support for a range of educational requirements including educational trips, uniforms, equipment and study materials.

Eligibility

  • Students must be aged over 19 at 31st August of the year of study
  • Have been living in the UK or European Economic Area (EEA) for three years prior to course start date
  • Studying a Level Two or below course or studying a first Level Three course.
  • Demonstrate a household income under £22,000
  • You or your partner receive one or more of the following benefits:
    • Income Support
    • Job Seekers Allowance or Employment Support Allowance
    • Pension Guarantee Credit
    • Universal Credit
    • Working Tax Credits (Income section must be provided)

For more information you can visit a member of the MMS team or email mms@sgscol.ac.uk.
You can download a copy of the application form HERE.

19+ Advanced Learner Loan Bursary

The DLSF provides students who are 19 years old and over with financial support for a range of educational requirements including educational trips, uniforms, equipment and study materials. To apply for the 19+ Advanced Leaner Loan Bursary you must be in receipt of the of 19+ Advanced Learner Loan.

Eligibility

  • Students must be aged over 19 at 31st August of the year of study
  • Have been living in the UK or European Economic Area (EEA) for three years prior to course start date
  • Studying a level 3 to 6 course and be receiving the 19+ Advanced Learner Loan.
  • Demonstrate a household income under £22,000
  • You or your partner receive one or more of the following benefits:
    • Income Support
    • Job Seekers Allowance or Employment Support Allowance
    • Pension Guarantee Credit
    • Universal Credit
    • Working Tax Credits (Income section must be provided)

For more information you can visit a member of the MMS team or email mms@sgscol.ac.uk.
You can download a copy of the application form HERE.

Declined Bursary Information

Why was my bursary application declined?

There are several reasons why your bursary application could have been declined. The most common are;

  • Incorrect or out of date income evidence
  • Income over £22,000 per year
  • Wrong application type submitted for your age or course level
  • Bank details form not returned within the 4 week period of receiving your pending award letter
  • You do not have an approved Advanced Learner Loan (19+ Learner Loan Bursary applicants only)
  • Income evidence not supplied for all adults in the household
  • Application submitted outside of the recommended application period and funds have become depleted
  • You have withdrawn from the course during our processing time

If you wish to appeal this please see the “Bursary Appeal Information” section of this website.

Advanced Learner Loan

Advanced Learner Loans are similar to higher education loans, helping students aged 19 or over and studying a level 3 or above course pay for further education rather than having to pay upfront. You will only need to start to repay the loan once you have finished your course and are earning over £21,000 a year.

If you pay for an Access to HE course using an Advanced Learner Loan and then go on to complete a Higher Education course, the Student Loans Company will write off the balance on the Advanced Learner Loan.

You can also view more information on the Advanced Learner Loan HERE or email mms@sgscol.ac.uk.

Childcare

A variety of options may be available to students requiring childcare support while they study an FE course at SGS College.

Care To Learn

The Care to Learn Scheme can help with childcare costs while you study at SGS College. You must be under the age of 20 at the start of your course to apply. Successful applicants can get up to £160 per child per week which can help with the costs of childcare, registration fees, deposits, taster days (up to 5 days) and keeping your childcare place over the summer holidays.

For more information and to apply for Care To Learn please visit the Care To Learn online portal HERE or contact Care to Learn on 0800 1218 989

Childcare Bursary

If you are 21 or over you may be able to apply for childcare support through one of our bursaries. If eligible the scheme can look to award a maximum of £2000.00 for the academic year to assist you with the cost of childcare. The funds are paid directly to the childcare provider on a termly basis and are only paid if College attendance is over 90%. To be successful for the childcare element of our bursaries you must first be successful in applying for the 19+ Advanced Learner Loan bursary or the 19+ Discretionary bursary. If successful applicants can get funding towards the costs of childcare only. Childcare funding is available to cover your term time, timetabled hours at College only and we are unable to support with the cost of taster days and keeping childcare places over the summer holidays. Please remember that funding is limited so we recommend applying as early as possible. Applications are available online HERE or by visiting the MMS team on your college campus

Welsh EMA

EMA is for 16 to 18 year olds living in Wales, who want to continue their education after school leaving age. If you're eligible, you could get £30 a week, paid every two weeks. Payments are based on attendance and before you apply we recommend ensuring you qualify for the scheme.

Before you apply for EMA there are few things you will need to check to make sure you qualify. You can find out more HERE.

Career Development Loan

Professional and Career Development Loans are bank loans to pay for courses and training that help with your career or help get you into work.

You may be able to borrow between £300 and £10,000.

Loans are usually offered at a reduced interest rate and the government pays interest while you're studying.

For more information and eligibility you can call the National Careers Service on 0800 100 900 or submit an online application HERE.

Free College Meals

Free meals will be provided to 16-18 year old students that are in receipt of, or have parents who are in receipt of, one of the following benefits:

  • Income Support
  • Income based Jobseekers Allowance
  • Income-related Employment and Support Allowance (ESA)
  • Support under part VI of the immigration and Asylum Act 1999
  • The guarantee element of State Pension Credit
  • Child Tax Credit (provided they are not entitled to Working Tax Credit) and have an annual gross income of no more than £16,190 , as assessed by Her Majesty's Revenue and Customs
  • Working Tax Credit run-on paid for 4 weeks after you stop qualifying for Working Tax Credit
  • Universal Credit

Free College Meals will also be provided to students aged 19 to 24 with an education health and care plan (EHC plan) and in receipt of one of the above benefits.

 

If you are successful for Free College Meals (FCM) then funds are put directly onto your student ID card which you can scan at the till as payment. To activate your FCM card, please visit a member of the Money Management Service team. You will need to bring your student ID card, a signed FCM agreement form and confirmation letter with you when you visit. You will be unable to use more than £3.00 per day however can make multiple transactions up to the value of £3.00. Any funds left over will not run over to the next day. If you lose your student ID, you will need to purchase a new one from the Customer Experience team on reception, and then visit us to have your FCM allocation reactivated. Once this new card is reactivated, your lost card will deactivate and funding will be transferred onto your new card.

 

If you do not meet the above criteria your application will be declined however if your circumstances change during 2017-2018 then you may reapply for Free College Meals. We are unable to deal with Free College Meals enquires or award Free College Meals after June 2018.

To apply for Free College Meals you can download the application form HERE.

Welsh Learning Grant

If you are 19 or over you may be able to apply for The Welsh Government Learning Grant. The Welsh Government Learning Grant FE is an income-assessed grant of up to £1,500 that aims to encourage more people to continue with their education, where otherwise this may not be possible.

Before you apply for The Welsh Government Learner Grant there are few things you will need to check to make sure you qualify. For more information click HERE.

Vulnerable Young Person Bursary

Students who are in one or more of the groups below can apply for a vulnerable bursary of up to £1,200 (if they are participating on a study programme that lasts for 30 weeks or more. The vulnerable bursary is designed to reflect that students in these groups may need a greater level of support to enable them to continue to participate.

The defined vulnerable groups are students who are:

  • in care
  • care leavers
  • receive Income Support (IS), or Universal Credit (UC) in place of Income Support, in their own right
  • receive Employment and Support Allowance (ESA) or Universal Credit (UC) and Disability Living Allowance (DLA) or Personal Independence Payments in their own right

Applications are available online today HERE or by visiting the MMS team on your college campus.

Bursary Payment Schedule

If successful for a bursary you will be sent a bursary payment schedule to ensure you are informed of when to expect payments. Please remember that payments are only made to students who are successful for a bursary, have 90% or above attendance at the time of each payment and meet the college behaviour policy. Payments will not be reinstated to students that fail to meet this. More information can be found in your successful award letter.

Application and Guidance

External Schemes

The Money Management Service (MMS) team can support with a number of external schemes that provide support for FE students while at college. To discuss these please visit a member of MMS today at your local campus.

Bursary Appeal Information

If you have applied for one of our internal bursary schemes but wish to appeal the decision of that application you can do so before June 2018. You can appeal via email at mms@sgscol.ac.uk or in writing to

Money Management Service Manager, SGS College
Filton Avenue, Filton
Bristol, BS34 7AT

You must provide your full student number, contact details and inform us of why you wish to appeal.

Bank Details Forms

If successful for one of our internal bursary schemes you will be provided with a bank details form to complete. A copy of this form can be found HERE. We recommend only completing this form and returning if you have been successful for a bursary and instructed to do so.

Entitlement Information

If you are aged between 19-23 and do not already hold a full level 2 or 3 qualification, you may be eligible to apply for a level 2 or level 3 entitlement on your chosen course. This could mean that all your course costs (excluding optional trip fees) are waived. You will need to meet the full Education and Skills Funding Agency eligibility criteria and will need to sign a declaration when you start at SGS confirming that you do not already hold a full level 2 or level 3 qualification. Please be aware the college may take action against you to reclaim any funding if it subsequently found that you do not qualify for the entitlement. For more information visit a member of MMS today or email mms@sgscol.ac.uk.

Benefit Waiver Information

If you are in receipt of Job Seekers Allowance (JSA), Employment Support Allowance (ESA WRAG) or Universal Credit (i.e. earning less than £330 per month and fulfilling work related requirements with Job Centre Plus) you may be able to have all of the course costs waived via a benefit waiver. You will need to meet the full Educational Skills Funding Agency eligibility criteria, provide evidence that you were in receipt of one of the above benefits on the start date of your course and sign a declaration when you start at SGS College. Visit a member of MMS for more information or email mms@sgscol.ac.uk.

FAQ's

How long does it take to process my bursary application?
Depending on when you apply we will try and write to you within four weeks of receiving your application.

Why haven't I received my bursary payment?
You may not have received your bursary payment if your attendance is below 90%, you can check your attendance on Pro-Portal. If you believe the attendance record is incorrect please speak to a member of your department. Alternatively we could hold the incorrect bank details for you; to check this please visit the team or email mms@sgscol.ac.uk. Payments are also based on students meeting the college behaviour policy requirements. You can view the college code of conduct policy HERE.

Can my bursary be paid to someone else's account?
Yes, if there is a justifiable reason you are unable to have your own bank account. Otherwise you will be expected to have a bank account open when you apply for the bursary.

My bank details have changed since I submitted my bursary application, what should I do?
If your bank details change you must inform us immediately. Failure to do so could cause delays to you receiving your award. Please contact us at mms@sgscol.ac.uk.

I applied for my bursary but what if I don't start my course?
If you do not start your course you will not receive any funds from the bursary, you will also receive no help towards any course fees you may be liable for

How and when will I be paid if awarded bursary?
You will be paid by BACS direct to your bank account, or nominated persons bank account. Payment dates can depend. We recommend referring to your payment schedule or contacting us at mms@sgscol.ac.uk to check your application.

What if I withdraw after applying for bursary?
If you withdraw from your course all bursary payments will stop, and you may be liable to pay material fees or return some or all of your bursary award.

I applied for my bursary but what if I change my course?
Please notify us if you change your course, we may need to adjust any course fee awards.

Is there an upper age limit for someone applying for the advanced learner loan?
No. There's no upper age limit.

Can I apply for the advanced learner loan online?
Yes, applying online is quick and easy. You can register and apply online now at www.gov.uk/advancedlearnerloan. If you need any help please contact the MMS team.

Does getting the advanced learner loan depend on my income or credit history?
No, getting a loan doesn't depend on your income and credit checks aren't carried out. Repayments are based on your income and wont begin until your income is over £404 a week, £1,750 a month or £21,000 a year.

Can I apply for the advanced learner loan after my course has started?
You should apply as early as possible to make sure Student Finance England can pay at the start of your course. However you can apply for a loan at any time during your course but not after you have completed.

When do I get my Welsh EMA payments?
You can start getting EMA payments as soon as you start your course(s), as long as you apply on time, agree and sign the EMA agreement with the MMS team and meet the attendance requirements.

I am not attending college, will I still get my Welsh EMA?
To get EMA payments, you must have your attendance confirmed by your school or college. This applies to pupils not attending school due to expulsion, suspension, illness or other reasons. The school or college is responsible for this decision. You should contact your school or college with any questions about attendance.

You can do this by email mms@sgscol.ac.uk or in person by visiting the team at your campus.

Can't find your answer? Get in touch at mms@sgscol.ac.uk.

MMS team contact information

Matt
Money Management Service Manager
Location: Filton Refectory / Stroud Hub
Telephone: 01179092381

AJ
Money Management Service Coordinator
Location: Stroud Hub
Telephone: 01453761185

Sophia
Money Management Service Guidance Officer
Location: Filton Refectory
Telephone: 01179092381

Olivia
Money Management Service 19+ Advanced Learner Loan Officer
Location: Filton Refectory / Stroud Hub
Telephone: 01179092381

You can contact a member of the Money Management Service team at mms@sgscol.ac.uk or visiting them on your college campus between 9:00 – 3:00 from Monday – Friday. If a member of the MMS team is unavailable on site, An SGS staff member will be able to put you in contact or inform you of when to visit again. Alternatively you can call SGS College on 0117 931 2121 and select option 4.