16-19 Bursary Fund
The 16-19 Bursary Fund is paid by the Education and Skills Funding Agency (ESFA) to schools and colleges so that they may provide financial assistance to young people who face the greatest barriers to continuing in education post 16.
A bursary is money that may be typically used to pay for things such as books, equipment, school meals, travel expenses, university visits/interviews and field trips.
The amount of funding available for each school to distribute has been determined by the government and there is a finite amount of funds to be distributed. The Petchey Academy is therefore committed to distributing the bursary fund to those students with the greatest need.
If students are assessed to be eligible for bursary, payment will be made in 4 instalments during semesters 2-5.
The two types of 16-19 bursary which are available to students are:
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Vulnerable bursary - a payment of £1,200 to a small group of the most vulnerable students. Young people in care, care leavers, young people in receipt of income support or universal credit in their own name and disabled young people in receipt of Employment Support Allowance, who are also in receipt of Disability Living Allowance or Personal Independent Payments. Evidence of this will be required to process applications.
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Discretionary bursaries - takes into account various aspects of family income and evidence of this will be required to process applications. The threshold of household income to be eligible is up to £27,000 per annum or less.
Eligibility & Evidence Required
Click on the link below to see the evidence you are required to submit to support your bursary application.
Evidence-list-table-23-24.pdfALL students must provide evidence of their bank account (with their full name, account number and sort code). Please be aware payments can only be made to a bank account in the students name.
Failure to submit the necessary evidence will result in the application being delayed.
Conditions Of Funding
All awards will be conditional on attendance and behaviour and the semester’s payment will be suspended if the following have not been met:
- At least 95% attendance (including authorised study leave) assessed for the semester preceding payment.
- Evidence to demonstrate that the student is on track to achieve year end targets.
- Appropriate behaviour – not in breach of code of conduct/ learner agreement/ behaviour policy.
How to apply
Students who are eligible must apply online through the application form link below and provide the required evidence to support the application by Friday 6th October 2023.
Students in Year 13 must reapply & hand in the relevant documentation to support their application again.
The bursary is aimed at supporting students from households whose income is less than £27,000 per year.
Laptop Fund
Year 12 & 13 students who are eligible for Free School Meals and have applied for bursary are also eligible to receive a £200 contribution to help them buy a laptop for study purposes only. This contribution is at the academy’s discretion.
Students are expected to purchase the laptop and then complete a Laptop Contribution form (attached below). This form will need to be signed by their head of year. They are then required to hand the form along with their receipt to Finance.
