St John's College Studentships
From 2016, students whose household income is less than £25,000 will receive additional financial support from St John's, designed to help with their living costs while at Cambridge. Studentships are offered to all Home and EU undergraduates at the College who fall into this eligibility threshold.
The studentship scheme has been set up to help reduce financial pressure on students from lower-income backgrounds. Combined with the Cambridge Bursary Scheme – a scheme already run by the University
of Cambridge which entitles students whose annual household income is below £42,620 to a non-repayable sum of up to £3,500 per year – the studentships will enable recipients to receive an annual grant worth up to £10,080 to cover day-to-day living expenses during the academic year, from October to June.
The studentships will be paid for using a new fund comprising contributions from alumni, which has been created as part of the College’s ongoing efforts to raise money to invest in education and research. St John’s aims to ensure that every student capable of studying here is able to do so regardless of their financial circumstances, and that those students who need the most help are fully supported from start to finish.
The scheme will initially run for five years, during which the College will assess its effectiveness and financial sustainability with a view to continuing it in the long term.
Who is eligible for the Studentships?
The scheme is open to Home and EU students on undergraduate courses only, who are commencing their courses as first year students from October 2016, and if their household income is below £25,000. Anyone benefitting from the scheme must have been offered a place to study at St John's and they must have already satisfied the entry requirements of their offer in subsequent A-level examinations (or equivalent).
How will financial eligibility be calculated?
The College will base its financial assessment on Government Student Finance data. The basic measure, household income, refers to a family's income before tax but after pension contributions. In order to prove eligibility, students will need to apply to Student Finance for a Financial Assessment and disclose the outcome of this assessment to the College.
How much will you receive?
Combined with the Cambridge Bursary, any student benefiting from this scheme will receive a sum of up to £10,080. This is a non-repayable grant (and not a loan) and is designed to cover living costs at Cambridge during the academic year from October to June.
Will eligibility for other forms of support be affected?
No, students will remain eligible for all other standard forms of financial support.
I believe that I am eligible - what should I do now?
If you are an offer holder for admission in October 2017 and you believe that you are eligible for the St John's College Studentship, please:
- let us know by email, so that we look out for your assessment from Student Finance
- apply to Student Finance for a financial assessment - make sure that you and your parents/sponsors have not 'opted out' of giving SLC consent to share information with the University, so leave the box 'Opt out' unticked
- if possible, keep copies of the forms that you submit to Student Finance England
You don't need to submit a separate application to St John's; the College will contact you in August and will ask you to complete a form with financial information
For any enquiries, please contact the Scholarship Administrator.