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:



Child Benefit

The Child Benefit money your parent/carers receive for you 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



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 £5.28 per hour from 1st April 2023.  In some cases this may be higher; this is dependant upon your employer.

From April 2023 the National Minimum Wage (NMW) was increased to the following: 

16 - 17 year olds & Apprentices - £5.28 per hour

18 - 20 year olds - £7.49 per hour

21 – 22 year olds - £10.18 per hour

23+ year olds - £10.42 per hour

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



Educational Trusts

There are a number of local educational trusts that you might meet the criteria for additional money which you do need to pay back. Currently the local trusts include:

  • Hull Education Foundation
  • Leon Salingar Award
  • Hull Youth Trust
  • Alderman Sydney Smith Prize Trust
  • Cecil William Rutherford Trust

To learner more about these trusts and see if you meet the criteria visit:



Funding for higher education

The following will help you understand the costs of going to university and will provide practical advice on budgeting whilst at university: 

Most universities offer various forms of financial support too, particularly (though not exclusively) to students from lower income families or applicants with special needs. 

You need to contact your chosen university to find out more information.

Charitable and Educational grants are available for some students. For those with a disability there is a helpful fact sheet

For some courses in Health there are extra NHS bursaries








ROSE 2023  - lomo staff

This page was created by career professionals Sonia, Ellie and Rose within the >log on | move on> team. If you have any queries about this section then please get in touch! and either one of us will get back to you!

Last updated on 16/08/2023