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Hardship fund reform introduction (1 of 6)

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Research into reform of Hardship funds across UK - 2015

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Hardship fund reform introduction (1 of 6)

  1. 1. HARDSHIP FUND REFORM Many of you will know that hardship funds across the UK are undergoing a process of considerable reform. For example, funding that was part of the Access to Learning Fund (ALF) has been transferred to the Higher Education Funding Council for England (HEFCE) from the last academic year 2014/15 creating the Student Opportunities Fund. Further the Welsh Government are planning to abolish the Financial Contingency Fund (FCF) in Wales entirely, placing greater emphasis on higher education institutions to source support for their students out of their own budgets. As a result, NASMA (via the Financial Capability & Research Board) conducted this research in collaboration with Aberystwyth University and Aberystwyth University Students’ Union. The survey data was captured between April and May 2015 and was taken from across all parts of the UK and includes Further and Higher education establishments as well as Students’ Unions. We heard from 57 respondents. We will present this data in 5 parts. We hope that you find this data useful. RESPONDENTS INTRODUCTION September 2015 Page 1/6 Higher Education Institution (HEI) Further Education Institution (FEI) Students’ Union Both HEI & FEI Wales Scotland Northern Ireland England Type of organisation Home nations of respondents 79% 14 % 7% 0% 86% 9% 4% 0% Number of applications More than 2000 10.9% 1500 - 2000 23.6% 1250 - 1500 12.7% 1000 - 1250 25.5% 800 - 1000 10.9% 650 - 800 3.6% 400 - 650 250 - 400 100 - 250 Less than 100 7.3% 1.8% 1.8% 1.8%