Additional Bursaries Sample Clauses

Additional Bursaries. The University will offer, in addition to the minimum bursary, a bursary also at the rate of £300 per head, for all students with residual family income between £17,500 and £37,425 (2006 thresholds; to be inflated for future years) and who are in receipt of state-funded support on a sliding scale. This will help to compensate for the exceptionally high living costs of London. The University’s intention is that the means-testing to determine eligibility and the payment of these bursaries will be carried out by the SLC. It is not certain at this stage, however, that this facility will be provided for bursaries beyond the minimum required and an estimate of the additional costs required to undertake the assessment, administration and payment of these bursaries has therefore been included. The University’s estimate is that approximately 600 students would be eligible for this bursary in year 1 at a cost of £180,000, rising to £480,000 (1,600 students) by year 3. The bursaries will be offered in the form of cash, as it is believed that this is the most valuable and flexible form of support for students.

Additional Bursaries. Students who miss the financial eligibility criteria for full Government support but whose residual household income is at or below £37,425 will be eligible for a University of Bath bursary as follows: Household Residual Income University of Bath Bursary £17,500 and below £1,500 £17,501 - £22,500 £1,200 £22,501 - £27,500 £900 £27,501 - £32,500 £600 £32,501 - £37,425 £300 The University anticipates making in the region of 414 awards available at one of these levels, amounting to an investment of £314,508. Eligibility criteria for these bursaries are otherwise as set out in section 3.1 above. Again, bursaries will be paid in cash but via instalments to take account of withdrawals and to suit the phasing of student need.

Additional Bursaries. For new students starting in October 2008 (and subsequent years), those who miss the financial eligibility criteria for full Government support (or the equivalent for Scotland, Wales and Northern Ireland) but whose residual household income is at or below £50,000 will be eligible for a University of Bath bursary as follows: Household Residual Income (New Students 2008/09) University of Bath Bursary £25,000 and below £1,200 £25,001 - £30,000 £900 £30,001 - £35,000 £600 £35,001 - £50,000 £300 For continuing students already registered prior to October 2008, additional bursaries will be made available according to the HRI bands set out below: Household Residual Income (Continuing Students 2008/09) University of Bath Bursary £18,360 and below £1,500 £18,361 - £23,500 £1,200 £23,501 - £28,500 £900 £28,501-£33,500 £600 £33,501 - £39,780 £300 The University anticipates investing around £407,893 in continuing and new student additional bursary awards. Eligibility criteria for these bursaries are otherwise as set out in section 3.1 above. Again, bursaries will be paid in cash but via instalments to take account of withdrawals and to suit the phasing of student need.