Financial Assistance Funds – Student Services (2024)

Financial Assistance Funds

Funds are made up of 6 Sub-Funds. Details of each Fund can be found on this page.

Financial Assistance Funds – Student Services (1)

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The University of Lincoln Financial Assistance Funds are made up of 6 Sub-Funds. Details of each Fund can be found below.

Applications to theTerm Time FundandSummer Fund are assessed in accordance with the guidance produced and approved by the National Union of Students and the National Association of Student Money Advisors. Capped/set figures are used in some areas of the assessment and are agreed each year in advance of the funds opening.

UNIVERSITY OF LINCOLN FINANCIAL ASSISTANCE FUNDS

Summer Fund 2023/24

It is intended to offer financial support to continuing University of Lincoln undergraduate students who are unable to work over the summer vacation period and who are experiencing financial hardship.

Please note: Final year students are not eligible to apply to the Summer Fund.

Applications may be made via downloadable pdf or online.

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Term Time Fund 2023/24

This Fund is now closed for undergraduate students enrolled on courses with an official end date of 31st May 2024. Applications remain open for undergraduate students enrolled on “long courses” and postgraduate students.

For undergraduate and postgraduate students who are eligible for maintenance support from the Student Loans Company. This Fund is to help with living and course-related costs (not tuition fees) for students who are experiencing financial hardship.

You can apply to the fund online by clicking the link below or by using one of the downloadable .pdf forms.

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Hesslewood Children’s Trust aims to provide a number of second year undergraduate students from schools in Kingston upon Hull, the East Riding of Yorkshire, North Lincolnshire, North East Lincolnshire, Gainsborough, and Caistor with a financial needs bursary. Students must be under the age of 25 years at the time of receiving the award.

Students applying for this Fund must first make an application to the University of Lincoln Financial Assistance Funds Term Time Fund in order for eligibility to be established. They should also provide evidence that they attended school in one of the areas listed above.

Upon receipt, your application will be assessed for the Term Time Fund and if successful an award will be made at that time. After term 1, your application will then be re-considered for the Hesslewood Children’s Trust.

Awards will be made to those eligible students who are considered to be in the greatest financial need.
Further information can be found here.

Notice - Application forms

We are unable to accept paper applications. Forms can be scanned and sent to studentfundingteam@lincoln.ac.uk. Alternatively, you can apply to the fund online.

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Course-related Travelling Grant 2023/24

The Course-related Travelling Grant is to help with travel, within the UK or abroad, for course-related activities, which are unaffordable. The travel could be for a work placement, to attend a conference or to study abroad.

Students must have UK or EU status, be enrolled on an undergraduate or postgraduate course and have the support of their academic tutor to be considered. Applications from overseas status students may also be considered on the recommendation of a Specialist Adviser.

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Independent Students' Summer Accommodation Grant 2023/24

To help continuing University of Lincoln students who are studying at undergraduate level, aged under 25 at the start of the academic year, considered independent* according to their Student Finance application assessment and have to pay commercial rent throughout the entire duration of the summer vacation period.

Students in receipt of Student Finance Maintenance Loan funding throughout the entire academic year i.e. 52 weeks, are not eligible to apply.

This is a targeted Fund and eligible students will be contacted towards the end of the Academic Year.

* You receive maximum funding but did not have to supply evidence of household income from a spouse/partner/parent, etc.
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Gender Expression Fund 2023/24 - CLOSED

Many people experience feelings of stress and anxiety at the disconnect they feel between their gender identity and appearance. We have created the Gender Expression Fund to provide financial assistance for students to purchase items that will make them more comfortable with their gender presentation and, we hope, improve their wellbeing.

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Commuting Travel Grant 2023/24 - CLOSED

This Fund has been created in recognition of the rural nature of Lincolnshire and North Lincolnshire. It’s intended as acontributionto the travel costs incurred by eligible undergraduate students who attend University from their permanent home address.

Applicants should be:

  • An enrolled University of Lincoln Undergraduate student
  • Eligible for the maintenance element of Student Finance*
  • Have to pay to travel to attend the University from your permanent home address and live in Lincolnshire or North Lincolnshire (outside the area covered by the standard Megarider bus ticket)

*According to the 2023/24 Student Finance application assessment.

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Foyer/Supported Housing Bursary 2023/24

For students who enrol at University having come directly from living in a Foyer or other supported housing* (*where they lived between the ages of 16 to 18). Each year the Foyer Federationinform the University of students who intend to enrol directly from living in a Foyer. These Bursaries are funded through the University of Lincoln Hardship Fund.

Evidence of period in supported housing and any benefits received should be supplied. The total award per year is £1,000 which is paid in 3 termly instalments (subject to attendance checks). Students should apply each year.

You cannot get both the Foyer/Supported Housing Bursary and the Blackburn Bursary.

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Welfare benefits

If your course has finished, you are not eligible for these funds but may be able to apply for welfare benefits – if you want to speak to an Adviser, please email advice@lincoln.ac.uk for a telephone appointment.

If you are not sure of your eligibility for these funds, please speak to an Adviser.

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FAQs

How to get off financial aid suspension? ›

Consider appealing your financial aid suspension

Contact your school's financial aid office and see what you can work out with them. If it comes down to it, you can always try to file an aid appeal to plead your case (the process for doing this will vary from school to school).

How many times will financial aid pay for a failed class? ›

Federal regulations limit the number of times a student may repeat a course and receive federal financial aid for that course. Generally, you can receive the Federal Pell Grant when repeating the same course up to two times (if you've received a passing grade both times).

How do I actually get my financial aid money? ›

In most cases, your child's school will give you your loan money by crediting it to your child's school account to pay tuition, fees, room, board, and other authorized charges. If there is money left over, the school will pay it to you.

What disqualifies you from getting financial aid? ›

Not maintaining satisfactory progress at your college or degree program. Not filling out the FAFSA each year you are enrolled in school. Defaulting on a student loan.

What should I say on my financial aid suspension appeal? ›

I take full responsibility for the decline in my academic performance this semester. However, I am confident in my ability to meet the College's academic standards in the future. I was impacted by extenuating circ*mstances this semester that impacted my ability to keep up with my studies.

Why is my Pell Grant so low? ›

Some of the most common reasons your grant funds may be reduced are: You didn't enroll full time. Pell Grants are prorated for part-time enrollment, You didn't begin attending all of your classes before the financial aid lock date.

What is the highest income to qualify for financial aid? ›

There is no income that is too high to file a FAFSA. No matter how much you make, you can always submit a FAFSA. Eligibility for need-based financial aid increases as the cost of attendance increases, so even a wealthy student might qualify for financial aid at a higher-cost college.

What is the Max Pell Grant amount? ›

Award amounts can change yearly. The maximum Federal Pell Grant award is $7,395 for the 2023–24 award year (July 1, 2023, to June 30, 2024). The maximum Federal Pell Grant award is $7,395 for the 2024–25 award year (July 1, 2024, to June 30, 2025).

What GPA is required for financial aid? ›

To be eligible for federal student aid and college financial aid, a student must be making Satisfactory Academic Progress (SAP). This generally consists of maintaining at least a 2.0 GPA on a 4.0 scale (i.e., at least a C average) and passing enough classes with progress toward a degree.

Does FAFSA stop giving you money if you fail a class? ›

If you fail a class, you may be responsible for paying back any aid you've received, or you might have further federal aid suspended until you meet Satisfactory Academic Progress (SAP).

What happens if you get FAFSA money and don't go to school? ›

Understand the Rules for Your Award: Federal Financial aid is awarded with expectation that you complete your classes. When you do not complete you attempt you risk having your aid reduced or canceled.

How does financial aid verify income? ›

Tax transcripts or tax returns showing income information filed with the IRS. Tax transcripts can be ordered by mail for free at the IRS website. W-2 forms or other documents showing money earned from work.

Does financial aid see your bank account? ›

Students selected for verification of their FAFSA form may wonder, “Does FAFSA check your bank accounts?” FAFSA does not directly view the student's or parent's bank accounts.

How fast do you get financial aid money? ›

If there is money left over, the school will send the remainder to you, and you can use it to cover your other expenses, such as your textbooks or transportation. Financial aid disbursem*nt dates vary by school, but are generally between 10 days before the start of the semester and 30 days after classes begin.

Can you get unsuspended from FAFSA? ›

Fortunately, a financial aid suspension typically doesn't disqualify you from getting aid in the future. You will, however, need to take some steps to appeal the suspension and get your aid reinstated. Read on to learn why federal financial aid can get suspended and what you can do to get it back.

Why am I suspended from financial aid? ›

Financial Aid Suspension is a status assigned if you fail to meet the minimum SAP policy requirements. Your financial aid will be terminated or suspended until you meet the minimum satisfactory academic progress standards or win an appeal.

Does financial aid suspension follow you to another school? ›

Remember, federal financial aid suspension will carry over to another school. But if you transfer to an online school, a community college or a state university, you may be able to reduce your expenses enough to make college more affordable.

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