As an EU student studying at the University of Cambridge, you could qualify for a bursary of up to £3,500 each year to help you finance your time as a student in Cambridge. Bursaries will automatically be renewed at the same rate for three years. If you are taking a four-year course or going on to study clinical medicine at Cambridge you will need to reapply at the end of your third year for future support.
Are you eligible?
To be eligible for a Cambridge European Bursary, you must meet a number of eligibility criteria. If you can answer 'yes' to the following questions, it is likely that you will be eligible for a Cambridge European Bursary.
- Have you met the conditions of your offer to study at the University of Cambridge starting in October 2012 or later (including any financial guarantees)?
- Will this be your first full-time undergraduate degree?
- Is the income of the family with which you live the equivalent of £42,600 per year or less?
- Can you demonstrate that you are eligible to apply to the Student Finance Services European Team for financial assistance to help with the cost of your tuition fees?
A National Scholarship Programme will also be introduced from 2012 to help students from the EU from lower income households. The University of Cambridge will provide at least 130 fee waivers of £6,000 to first year students. This support is in addition to the Cambridge Bursary and government support. More information about the Programme is available at: www.study.cam.ac.uk/undergraduate/finance/support.html#nationalscholarhip
The bursary amount that you are awarded will vary depending on several factors:
1) Your level of household income.
The Cambridge European Bursary Scheme is designed to support students from households with an income of less than £42,600.
The maximum bursary of £3,500 is available only to students who can show that their household income is less than the equivalent of £25,000 per year or less. If your household income is between £25,001 and £42,600 you will qualify for a lower level of bursary, based on a sliding scale. We define 'household income' as the joint pre-tax income of students' parents (or those adults who have taken responsibility for providing financial support) during the last calendar year. You will need to get these figures independently verified for the purposes of the bursary application.
You should not apply for a European Bursary if your family income exceeds £42,600 per year.
2) Whether or not you receive additional income
Receiving income from any of the following sources doesn't prevent you from applying for a Cambridge European Bursary but you must detail such income on your application form.
Your Bursary will be reduced by half the sum by which your 'other income' exceeds £4,250. We define 'other income' as follows
- industrial sponsorship
- the renting out of your permanent home while you live in Cambridge
3) Whether or not you are eligible to apply for financial assistance to cover your tuition fees.
When applying for a Cambridge European Bursary, you will be asked to demonstrate that you have applied to the Student Finance Services European Team to cover your tuition fees.
How and when?
If you receive an offer of a place to study at Cambridge, you will be sent details of how to apply by your College together with the details of your offer. If you do not receive information by the middle of February 2012, you should contact your College. You will need to supply supporting financial documents and a signed copy of your Bursary application form to your College by the deadline in March 2012. Your College may contact you to discuss some of the details that you have entered.
You will be informed in the following June whether or not your application has been successful. This letter will detail the Bursary that you will receive for three years, and can be used to demonstrate that you can meet any financial guarantee set by your College.
You will then receive your Bursary from your College when you arrive for the start of term.
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Please note the scheme is not a hardship fund for current undergraduate students who are not presently receiving a bursary. College Tutors will be able to advise of the existence of appropriate hardship funds upon request. The Trust will, in exceptional circumstances, consider an application when there has been a significant change in financial circumstances that could not have been foreseen at the time of admission but which will remain in force for the duration of the student's course at Cambridge. Please contact your College about making an application in this case.