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Course Funding Advice
How to fund your course
If you’re considering enrolling on a course to help equip you with the skills you need for your dream job don’t let the price tag put you off. There are a variety of ways to get financial help and information; it’s just finding the one that best suits you. So, what options are there for someone to actually commit to the course they want to do? We’ll break a few options down for you below so you can decide which is right for you.
Bursaries, scholarships, grants are the dream scenario! You get given the money to pay for you to complete your course, without the stress of having to pay it back. There are, of course, criteria and restrictions to these types of funding. Well, come on, it can’t be that easy or everyone would be doing it!
Grants are well worth looking into if you’re eligible. Discretionary Learner Support is available to those who are in further education, over 19 years old and find themselves in financial difficulties. If this sounds like a situation you recognise, this would be a good avenue to explore.
Usually linked to particular courses and qualifications, Bursaries are similar to grants. You should ask you learning provider about these.
Scholarships are awarded to those who are in, or going into, educationally organised courses, obtained directly from universities. You could be eligible if you are from a low income household or have a particular affinity with a certain subject.
Postgraduate funding is notoriously competitive so our advice here is to get in early. Read up on what is required to stand you in the best possible position for success. If you think you are too old to be supported and have missed the boat, think again; there is help out there for you too. If you’re aged 24 or above, you should look into an Advanced Learner Loan. It is dependent on course level but definitely something to consider.
Those mentioned are just a select few, so if none of these seem feasible, take a look through this great list of helpful links to find what you’re looking for.
In conclusion, do your research! You might think your circumstances don’t warrant you receiving any help, but you could just be wrong and that next step not as out of reach as you first thought.
Published: 15 Apr 2016