Money Matters: Fastrack Students 2021

Overview

Fastrack student Tom Chandley.These pages outline the financial support arrangements for UK and EU students joining the Fastrack: Preparation for Higher Education programme at Edge Hill University in June 2021.

We can help explain what student funding you may be entitled to receive and how to apply for it.

Please note, the information on these pages may be subject to change. 

It’s important that you also refer to the Money Matters guide for your intended degree in academic year 2021/22. If you have submitted your application to join the Fastrack programme, we strongly recommend applying for financial support for your intended degree as early as possible to ensure your application is received and processed in good time by Student Finance England (or equivalent funding body). Please do not wait until after you have completed the Fastrack course before applying for student finance for the first year of your degree.

Tuition Fees

The Fastrack programme is free of charge to UK and EU students joining the June 2021 intake.

Grants

The Fastrack Fund

Edge Hill University is committed to providing financial support for Fastrack students. If you are studying Fastrack face-to-face, attending taught sessions on campus, we may be able to assist you with funding while you are enrolled on the Fastrack course.

This funding, which you will not need to pay back, includes financial contributions towards travel expenses, childcare costs and/or accommodation fees.

  • Travel Expenses helping towards the cost of travelling from your home address to attend face-to-face sessions on campus;
  • Childcare Costs helping towards costs over and above any free childcare provision, through a registered provider, to enable you to attend the course;
  • Accommodation Fees helping towards the cost of staying in our halls of residence, should you wish to do so, for the duration of the Fastrack course, subject to you living some distance from the University and your travel costs being £74 or more per week.

Please note, the Fastrack Fund is designed to provide a contribution towards each of the above and may not subsidise the full costs of these expenses. The funding for successful applicants will be paid in two instalments following enrolment onto the Fastrack course.

Whether you are eligible to receive a payment from the fund is determined by whether you are receiving certain benefits or allowances or if your gross household income is below a specific threshold as outlined below.

If you are considering staying in our halls of residence, we recommend contacting the Money Advice team before you sign up for a place. This will enable you to discuss whether you are likely to receive financial support towards the cost of accommodation fees.

Online Learning

If you are studying the Fastrack programme entirely online, you may be eligible for support with childcare costs only, as well as travel expenses to and from a work placement (if applicable to your subject area).

Covid-19 Information

The delivery of the June 2021 intake of the Fastrack programme may be impacted by the Covid-19 pandemic, depending on Government advice nearer the time. This may in turn affect your eligibility for the Fastrack Fund.

  • Face-to-Face Delivery – if the programme is delivered on campus and you are required to attend face-to-face sessions, you may be eligible for support with travel expenses, childcare costs and/or accommodation for the six weeks of full-time study;
  • Blended Learning – if the programme is delivered through a combination of face-to-face sessions and online study, you may be eligible for support with travel expenses, childcare costs and/or accommodation for the days you need to be on campus;
  • Online Study – if the programme is delivered entirely online and you are not required to attend face-to-face sessions on campus, you may be eligible for support with childcare costs. If you are required to attend a placement as part of the Fastrack course, you may be eligible to receive additional help with travel expenses to and from the placement site.

Eligibility Criteria

To be eligible for the Fastrack Fund, you must be in receipt of at least one of the following benefits or allowances:

  • Working Tax Credit;
  • NHS Tax Credit Exemption Certificate;
  • Housing Benefit;
  • Maximum rate of Child Tax Credit;
  • Income-based or contribution-based Job Seeker’s Allowance (JSA);
  • Income-related or contribution-related Employment and Support Allowance (ESA);
  • Full Universal Credit (basic allowance, housing and/or childcare costs).

If you are not in receipt of any of the above benefits or allowances, you may still be eligible for support through the Fastrack Fund if your gross household income does not exceed a specified threshold amount for the past twelve months. This threshold will vary depending on whether you are single, living with a partner and/or have dependent children.

Status Gross Household Income
Single £16,845 or less
Single parent and one dependent child £18,845 or less
Single parent and two dependent children £20,845 or less
Single parent and three dependent children £22,845 or less
Single parent and four dependent children £24,845 or less
Living with partner £18,845 or less
Living with partner and one dependent child £20,845 or less
Living with partner and two dependent children £22,845 or less
Living with partner and three dependent children £24,845 or less
Living with partner and four dependent children £26,845 or less

Please note, if you are a single parent with five or more dependent children, or if you are living with a partner and have five or more dependent children, an uplift to the corresponding gross household income threshold for four dependent children will apply at a rate of £2,000 for each additional child.

If you are not in paid employment during the Fastrack course, your income will be classed as zero and will not be included in the assessment of your household gross income. Evidence will be required to prove that you are no longer in employment, such as a P45 form or a letter from your previous employer.

Scholarships

Preparation for Higher Education ScholarshipA range of scholarships are available to apply for once you are enrolled on the Fastrack course.

  • Excellence Scholarships, worth up to £2,000, celebrate determination, commitment and achievement in any area beyond your studies, for instance in creativity, enterprise, ICT, performance or volunteering;
  • Sports Scholarships, worth up to £1,000 per academic year, reward talent, achievement and dedication in sport and are designed to enhance your sporting performance;
  • The Preparation for Higher Education Scholarship, worth £1,000, rewards determination, commitment and achievement on the Fastrack course, taking attendance, progress, and promise displayed in the face of adversity into consideration.

If you wish to be considered for any of these scholarships, you will need to apply for them while studying the Fastrack course. If your application is successful you will receive the scholarship while studying your degree.

A range of further scholarships are available which you can apply for, or be nominated for, as a current student enrolled on a full-time Edge Hill University degree (some exclusions may apply).

You can also make the most of your student experience and take advantage of career enhancing opportunities while studying your degree by applying for financial support from our Student Opportunity Fund.

For more information on the full range of scholarships, including eligibility criteria for each award, visit www.edgehill.ac.uk/scholarships.

How to Apply

The Fastrack Fund

To apply for financial support from the Fastrack Fund, you need to complete our Fastrack Fund application form. All Fastrack students will receive an email with a link to the application form on Monday 17 May 2021.

You will need to provide evidence of your living arrangements, household income and anticipated expenditure on travel and/or childcare as outlined on the application form.

The deadline for applications and all supporting evidence to be received is 6pm on Wednesday 9 June 2021.

Once your application has been processed, you will be informed of the decision via email to the address provided on the application form. The outcome of your application will be confirmed and, if successful, you will be advised of the dates when the money will be paid to you in two instalments.

Please note, if you receive a contribution towards accommodation costs, the payment of this element of the Fastrack Fund will be paid directly to the Hall Fees Team on your behalf.

Scholarships

You will have the opportunity to apply for Excellence Scholarships or Sports Scholarships once you are enrolled on the Fastrack course. You should not apply for either of these scholarships prior to enrolment.

If you wish to apply for an Excellence Scholarship or Sports Scholarship while studying the Fastrack course, we will categorise your application as coming from a prospective student (since you would be applying prior to the start of your degree).

To be considered for a Preparation for Higher Education Scholarship, please ask a member of the programme team about how to apply once you are enrolled on the Fastrack course.

You must complete the Fastrack programme and subsequently enrol on an undergraduate degree at the University in academic year 2021/22 in order to remain eligible to potentially receive these awards. Excellence Scholarships and Sports Scholarships are available to full-time students only.

Financial Support for Undergraduate Study

For information on how to apply for financial support for your intended degree upon completion of Fastrack, as well as comprehensive information about the financial support available to eligible students, please view the relevant Money Matters guide for academic year 2021/22 entry.

We strongly recommend applying for financial support as early as possible to ensure your application is received and processed in good time. Please do not wait until after you have completed Fastrack to apply.

Contact Us

If you have any questions about your eligibility for financial support, or if you wish to receive advice and guidance on applying for funding (including support in completing funding applications), you can get in touch with the Money Advice Team.

Alternatively, you can contact the Students’ Union Advice and Representation Centre.

Please note, all advice and guidance provided by the University is subject to any information which you choose to impart to us, about your individual circumstances, being correct. The advice and guidance you receive will be based upon current eligibility criteria.

All staff will treat any information you share with them in the strictest confidence.

Further Information

It is a good idea to plan in advance your day-to-day living costs for the six weeks of full-time study on the Fastrack course and beyond.

Our Student Services website includes money advice, including useful tips on how to increase your income and reduce your expenses while at University, together with advice about keeping track of your finances and managing your money effectively.

Student finance resources and information, including a popular discussion forum, for English-domiciled students can also be found on The Student Room website.