Money Matters

16-19 Bursary Fund

The 16-19 Bursary Fund is a scheme intended to financially support the most vulnerable 16-19 year olds in full time education/training.  The money will be distributed by colleges/training providers.

For more information, visit: www.gov.uk/1619-bursary-fund

Local College Bursary Guide 2020-21

Child Benefit

Your Child Benefit stops on 31 August on or after your 16th birthday if you leave education or training. It continues if you stay in approved education or training

For further information, please visit www.gov.uk/child-benefit-16-19

Post 16 Finance - Employment/employed apprenticeships

If you secure an employed apprenticeship, or find full time employment, Child Benefit and Tax Credits/ Universal Credit payments will stop.

All employed apprentices must receive a wage of at least £4.30 per hour from 1st April 2021.  In some cases this may be higher; this is dependant upon your employer.

From April 2021 the National Minimum Wage was increased to the following:

16 - 17 year olds - £4.62 per hour

18 - 20 year olds - £6.56 per hour

21 – 22 year olds - £8.36 per hour

23 and over - £8.91

These rates are usually revised on an annual basis every April.

CECIL WILLIAM RUTHERFORD TRUST

The Cecil William Rutherford Scholarship Trust provides funding for ex-pupils of Newland St John’s Church of England Academy and South Holderness Academy and Sixth Form College. Ex-pupils from age 16 upwards are eligible providing they are working towards qualifications related to electricity, plumbing, building, architecture and medicine (including nursing and physiotherapy.) Courses can be full time, part time, further or higher education or apprenticeships. Funding is paid following confirmation from the education or training provider that the applicant has commenced their course.

Scholarships are awarded to ex-pupils of each school alternately every year. Applications for this year are sought from ex- pupils of Newland St John’s C of E Academy by 9th November 2021.

For further information and how to apply contact the Clerk to the Trustees on 01482-300300 or email governors@hullcc.gov.uk.

 

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