Alternative Sources of Funding for Postgraduates 2008/09
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Alternative Sources of Funding for Postgraduates 2008/09 Alternative Sources of Funding for Postgraduates 2008/09 Document Transcript

  • - FUNDING & ADVICE SERVICE ALTERNATIVE SOURCES OF FUNDING for UK POSTGRADUATE STUDENTS 2008/09 This booklet is available in electronic format.
  • CONTENTS PAGE SAAS Discretionary Fund & Childcare Fund ……………………… 2/3 Trusts which regularly support our students ……………….. 3/4 Doing your own search for trust funds …………………………… 5 Trust Fund Information Sessions …………………………………. 5 Students Association Emergency Fund ………………………….. 6 Part-time Employment ……………………………………………… 6 ILA Scotland ……………………………………………………… 6 . Making Applications ………………………………………………… 7/8 Applications Log Sheet …………………………………………….. 9 Useful Websites …………………………………………………….. 10 Reading List ………………………………………………………… 11 Our Contact Details ……………………………………………… 12 2
  • ALTERNATIVE SOURCES OF FUNDING: To ensure you can concentrate on your studies without the added worry and stress of financing them, it is important to explore funding opportunities as early as possible for fee payment and cost-of-living expenses. Some of the University's full-time postgraduate programmes have possible funding for eligible candidates through Student Awards Agency for Scotland (SAAS). Under the terms of the Postgraduate Students' Allowances Scheme (PSAS), students may receive support for certain full-time vocational courses, mostly at diploma level. Generally speaking, to qualify on residence grounds for support you must be a UK national or be settled in the UK immediately preceding the academic year in which the course begins. You must also have been ordinarily resident in the UK continuously for 3 years preceding the 31 August of the year in which your chosen course begins and must also have been ordinarily resident in Scotland on the relevant date. For full details of eligibility, please refer to the SAAS website at www.saas.gov.uk Many students find that they need to supplement their income and the following information may help you to find out what kind of additional financial support is available. There are a number of different sources of additional funding which you may be eligible to apply for. • UK Student Bursary Fund + Childcare Fund • Trust Funds/Scholarships/Sponsorships • Student Association Hardship Fund • Part-time Employment SAAS DISCRETIONARY FUND + CHILDCARE FUND If you are struggling to make ends meet, worried about paying the bills or looking for help with childcare costs, then, you should consider applying for some financial assistance, which, in most cases, you will not have to repay. To be eligible for assistance from the funds, students must be able to show that they are experiencing financial hardship and have exhausted all other avenues of funding. Hardship generally means that income is less than the amount of necessary expenditure or that unforeseen circumstances have arisen, which have had a detrimental effect on your financial situation. PGCE (Postgraduate Certificate in Education) students need to have taken out their full Student Loan entitlement. The Childcare Fund is specifically for with students who are paying registered childcare costs. You must be in receipt of child tax credits and any supplementary grants that you may be eligible for. In addition, you must also be in receipt of government tuition fee support through your local funding body. Eligibility criteria will be applied in accordance with SAAS guidelines. 3
  • Part-time students who are studying 50% or more of a full-time course, who receive the part-time fee grant of up to £500 are eligible to apply, as are part- time students in receipt of a Government fee waiver. Application packs are available at Funding & Advice Reception on your campus or from the website at www.uws.ac.uk/fundingadvice Please read the guidance notes which accompany the application form. It may take up to four weeks to process an application. The Funds are open throughout the year and if your circumstances change, you may apply for a top-up. If you are a final year student, the closing date for applications is late April. NB. Discretionary Funds and Childcare Funds are not guaranteed sources of funding and should therefore not be budgeted in to any financial forward planning. TRUST FUNDS: A Trust Fund is a sum of money that has been set aside by individuals or companies to offer financial assistance in the form of grants to different causes or people including students. All Trusts have different eligibility criteria, i.e., parental occupation, where you were born, where you live or which subject you are studying. A requirement of most Trust Funds is that you have already applied to your local funding body (eg SAAS). Brief details of the Trusts which regularly support our students are given below. However, you should ensure that you satisfy the eligibility criteria of a Trust before submitting an application. Full details of each Trust will be advertised via Blackboard, website and noticeboards on your campus when they become available during the year. 1. Peter Coats Trust Open to UK home full-time or part-time students on any degree from the general Paisley area, who have exceptionally severe financial circumstances. 2. The Glenburn Educational Fund: Open to UK home students on a full-time degree in the School of Engineering and Science. While priority is given to those whose home address is within the Greater Glenburn area of Paisley, eligible students from the west of Scotland are encouraged to apply. 4
  • 3. Renfrewshire District Trust: Open to UK home full-time and part-time students on any degree who have lived in the Renfrewshire, East Renfrewshire or Inverclyde Local Authority areas for a period of at least 3 years. 4. The Sutherland Page Trust: Open to UK home full-time and part-time students who have successfully completed the first year of their degree who were born in Scotland or who have lived there for at least 3 continuous years prior to entry to university, or have at least one parent born there. Eligible courses include Law, Divinity, and the Sciences. Renfrewshire Educational Trust Each year the Renfrewshire Educational Trust offers an award of £3000 to one student who is intending to undertake a one year full-time Taught Masters Programme. The award must be used as payment towards course fees. Advertising usually takes place towards the end of Semester 1. The table below provides an indication of the awards made in 2007/08 to UWS students from some of these Trusts which postgraduates are eligible to apply for: AW TRUST NAME ARDS TOTALS Sutherland Page Trust £600 x 2 £500 x 8 £9,650 £350 x 11 Glenburn Educational Trust £250 x 8 £2,500 £500 x 1 Peter Coats Trust £500 x 4 £4,000 £250 x 8 Renfrewshire District Trust £300 x 6 £1,800 TOTAL: £17,950 5
  • DOING YOUR OWN SEARCH FOR TRUST FUNDS: There are thousands of other trust funds which offer financial support and to find the ones that you may be able to apply to you can use the following services which are free. FunderFinder Database: This is an easy to use database which holds up-to-date information on a whole range of trust funds. You will be asked to provide various details and based on the information you provide, a list of trust funds will be generated. It’s important to remember when you are answering the questions, that the more information you can provide, the more relevant the list of trusts will be to your own circumstances. There are trust funds that exist which may relate to your parents or even grandparents occupations. Once the database has printed off your list of trust funds, you then check through it to select the ones that are directly relevant to you. Funderfinder is available in Student Services on each campus. EGAS: Educational Grants Advisory Service is part of the Family Welfare Association. EGAS provides information and advice on funding for students and maintains a database of charitable trusts. You can do an online search for educational trusts at www.egas-online.org SAAS: The Student Awards Agency for Scotland maintains a Register of Educational Endowments containing information on Scottish Trusts many of which are local and open only to Scottish students studying at Scottish universities. SAAS will search the register for you if send them a completed REE1 form, available to download from www.saas.gov.uk/supportinformation/othersourcesofunding They will write to you with the results of any relevant trusts and you then contact the Trusts you are eligible to apply to. Information Sessions: During the year a number of Funding & Advice Action Groups on Alternative Sources of Funding are held. Information and assistance will be provided on doing your own search for trust funds and you will receive guidance in making applications to increase your chances of a successful outcome. Many of the Trusts have very specific guidelines and it is important that you adhere to the guidelines specified. Information will also be given on the trusts which are open to students at different times during the year. Dates of the sessions, which will be offered on each campus, will be advertised via Blackboard, website and noticeboards. 6
  • STUDENTS’ ASSOCIATION EMERGENCY FUND The Students’ Association has a small emergency fund which is available for students experiencing extreme financial hardship. The priority is to help part- time, international and nursing students, however, all students will be considered. To access this fund, contact the Student Association on your campus. PART-TIME EMPLOYMENT: The Careers Service regularly advertises local part-time vacancies. These are posted on the web site at www.uws.ac.uk/studentservices/careers click on Vacancies. 7
  • MAKING APPLICATIONS: It is a good idea to draw up a short list of possible Trusts. This should include:  Trusts which operate in the area where you live/where you are from. Pay special attention to Trusts which only fund in your area.  Trusts which are interested in your field of study/work.  Trusts which have the funds to make grants of the size you require. Completing Your Application Here are a few general points to consider when writing your application:  Trusts need to be satisfied that you have exhausted every other possible source of funding (sometimes this includes loans) before applying for charitable help.  Trusts rarely make an award without reasonable assurances that any outstanding amount needed to complete the cost of the course will be met from other sources.  Most Trusts have specific eligibility criteria such as residency, age or nationality.  It is rarely possible to obtain help at short notice as many Trusts meet infrequently or have strict closing dates for applications, sometimes as much as a year in advance of when the course starts.  Study abroad is rarely considered unless you are applying to a body dedicated to funding study in a particular country. Remember to include the following:  Details of your circumstances, including the title and a brief description of your course of study.  A budget sheet, preferably covering the academic year, should include your income and expenditure. It is advisable to calculate this carefully and not to economise on essentials.  Ask for a specific amount of money. Be realistic. Give details about the size of grant you require and how you will raise funds for the remainder of the sum, if need be.  State how a grant will help you. 8
  • Completed Your Application?  Photocopy your application and keep a copy for your own information.  Send your applications to the Trust Funds you are applying to as soon as you can (preferably by recorded delivery to ensure safe delivery).  Wait patiently. Trust Fund application processes can be slow, but the outcome can be worthwhile. What Next? Some Trusts will invite you to attend an interview, whereas others will deal with your application by letter only. Some Trusts may wish to discuss your application over the telephone. Outcome of Your Application  If you do receive a grant, contact the Trust Fund(s) to acknowledge receipt and thanks for the award.  Try to keep in touch with the Trust Fund(s). You may be asked to produce a short report about how the grant has helped you and how your studies/research are progressing.  If you do not receive a grant-don't give up! Your application to other funds may be successful.  Keep a record of all applications made. Please do not contact the Trustees if you are unsuccessful as there is no appeal process. 9
  • APPLICATIONS LOG AND OUTCOMES Name of Trust Date Sent Outcome USEFUL WEBSITES: Listed below are some useful website addresses: • www.prospects.ac.uk – postgraduate funding guide • www.postgraduatestudentships.co.uk – postgraduate funding guide • www.joblinks.org.uk/view-organisations.html - matches people with work-related charities, organisations you or your partner/spouse has worked with at any point in your life. • www.acf.org.uk – association of charitable foundations with details of various trusts. 10
  • • www.hotcourses.org.uk – details of postgraduate scholarships and bursaries. • www.everythingyouwantedtoknow.com – postgraduate funding section • www.supportforlearning.co.uk - comprehensive listing of educational charities. • www.opfs.org.uk (one parent families Scotland) with lots of funding related information and educational trust funds. The University of the West of Scotland does not accept any responsibility for the information displayed on these websites: 11
  • READING LIST: 1. A Guide to the Major Trusts The Top 300 Trusts Luke Fitzherbert, Dominic Addison & Faisel Rahman Published by Directory of Social Change. 2. The Directory of Grant Making Trusts Published by the Charities Aid Foundation 3. The Charities Digest Published by the Family Welfare Association. 4. The Grants Register Published by Palgrave MacMillan. 5. Everything you Wanted to Know about Sponsorship (but were afraid to ask) Published by Amoeba Publications. The above may be sourced within Public Libraries or the University of the West of Scotland Library. 12
  • Useful contact information: You are very welcome to call in to Funding & Advice to look around, get information, take away leaflets or to make an appointment. You can get in touch as follows: AYR CAMPUS: For all services: J108 (9.30am – 3.00pm semester time) 01292 886267 Email: funding.adviceayr@uws.ac.uk PAISLEY CAMPUS: Funding & Advice J219 0141 848 3803 Opening hours: 8.45 – 4.45 Mon – Fri Email: funding.advicepaisley@uws.ac.uk HAMILTON CAMPUS: Student Services, Beckford Building 01698 894448 Opening hours: 8.30 – 4.30 Mon to Thur: 8.30 – 3.30 Friday Email: funding.advicehamilton@uws.ac.uk DUMFRIES CAMPUS University Student Services Dumfries and Galloway College Building 01387 734279 Opening hours: 8.45 – 4.45 Mon - Fri Email: studentservices-dumfries@uws.ac.uk Visit our website at www.uws.ac.uk/fundingadvice STUDENTS’ ASSOCIATION CONTACT DETAILS Paisley president@sauws.org.uk or welfare@sauws.org.uk Ayr cpa@sauws.org.uk Hamilton bcsu@uws.ac.uk Dumfries anne@cucsa.org.uk 13
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