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Financial Contingency Fund
Wednesday, July 29, 2009
The Financial Contingency Fund Form is now accessible online. Tutors and Students can now download the form via the link below. If you are unsure of how to fill out the form or whether your circumstances apply please contact the College for further instruction.
What is FCF?
The Financial Contingency Fund (FCF) is made available to YMCA Wales Community College (the College) via the Welsh Assembly Government (WAG) to provide financial help to learners whose access to or completion of further education (FE) might be affected by financial considerations or who, for whatever reason, including physical or other disabilities, face financial difficulties. The funds may be used to anticipate need as well as acting as a safety net.
FCF Eligible Learners
All home* learners aged 16 or over on full time and part time FE programmes of study.
(*to qualify as a “home learner”, a learner must meet the residence requirements. This usually means that they have been “ordinarily” resident in the UK for the three years before the course began)
High priority should be given to help learners who fall into the following groups:-
- Learners from areas with a high level of social and economic deprivation.
- Learners who need help with childcare costs, especially lone parents.
- Learners who have been in care, on probation, or are otherwise to be considered at risk.
- Learners on low income, including unemployed people receiving Job Seekers Allowance and those in receipt of means-tested state benefit such as Working Tax Credit.
- Learners from low income families.
Categories of Support
Learners may receive financial support towards the following:
- assistance with disability costs
- examination / awarding body registration fees
- books / equipment that are essential for the learner to participate in course activities
- childcare
- transport
To download a copy of the form click here.
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