Bursaries (Academic Year 2020-21)
Governors offer means-tested financial support for a number of eligible children who would not otherwise be able to take advantage of the education King’s Ely can offer. These Bursaries may apply to new applicants (Entrance) or to existing pupils in the event of unforeseen changed circumstances (Hardship). The School’s remissions policy can be accessed via the school’s website (policies > remissions policy) – https://www.kingsely.org/policies.
Bursary assistance is generally to assist pupils up to and including taking their GCSEs; although some financial assistance is provided within the 6th Form upon application.
Both Entrance and Hardship Bursaries are means-tested using an application process through Bursary Administration Limited (BAL). On behalf of the School, BAL interview and assess each new applicant, generally with a visit to their home, before assimilating the information into a short factual report and a sheet summarising the financial information from each application. The School’s Bursary Committee use the information from BAL to inform their decisions on the level of Bursary assistance to award each applicant. As part of the application process, parents will be asked for their consent for us to share their contact details with BAL and that they are wishing to apply for a Bursary.
The household income from all sources will be taken into account along with the value of monthly commitments, any investments, equity value in the home and level of mortgage. As a general rule, those with second/investment properties (unless it is their business/source of income), will preclude a Bursary being awarded. Likewise, a significant value of equity in the family home, a below average level of mortgage (related to earnings), any higher than normal levels of pension fund values, and more general lifestyle choices will all be factored into the Committee’s decision making.
The paperwork required to support an application consists of the following for each party to the application:
Most recent 3 payslips; most recent P60; most recent audited accounts/management accounts (as appropriate); most recent income tax self-assessment; Schedule D self-employment income declaration; 3 months’ bank/savings/loan statements; proof of value of investments; most recent pension and/or endowment valuation; any benefits letters; most recent mortgage statement/rental agreement; most recent contents insurance schedule; details of any legal financial agreements.
Some applicants have said they felt the process was intrusive and uncomfortable but in order to ensure our limited funds are prioritised we need to be rigorous in the means testing process.
The level of Bursary award for each pupil, which may be up to 100% in exceptional circumstances, will be reviewed annually through a means-tested review carried out by BAL (normally a desktop review). By recommendation of the Principal and at the discretion of Governors, a Scholarship may be supplemented by a Bursary.
Parents of new pupil applicants to the School requesting an Entrance Bursary will only be invited to submit a Bursary application once they have fully registered their child through the normal Admissions process.
Once a pupil has been offered a place, a new request to submit an Entrance Bursary application will not be accepted.
Clear timelines, with cut-off dates for the Bursary application process for new admissions and those wishing to apply for a continuation, are detailed below.
Hardship Bursaries for existing King’s Ely families can be submitted at any time, generally to cover immediate, short-term, unpredictable changes to circumstances. The first point of contact would normally be the Head of the appropriate section of the school.
The majority of Bursary applications (Entrance and continuation) will be assessed by the Bursary Committee in January/February each year for awards starting in the following September.
To ensure budget control, a maximum 75% of the overall Bursary budget will be allocated to applicants at the January/February meeting. A further 15% will be reserved for Bursary Committee decisions between March and August to cater for late new applicants through the Admissions process, leaving a final 10% of the Bursary budget for any in-year Hardship Bursary applications from the existing pupil community at any time during the following academic year.
Entrance Bursary assistance is not offered to new International domiciled pupils. Short-term, in-year hardship bursary requests for existing international domiciled pupils will be considered if there are extenuating circumstances and a fully declared means-tested application can be fairly and fully assessed remotely.
The Ovin Bursary is awarded to a deserving and outstanding pupil from East Anglia seeking to be a day pupil in the Sixth Form, whose circumstances would normally preclude such an opportunity. This award is means-tested and may represent up to 100% of day fees. The Ovin Bursary is not applied for but is awarded by the Bursary Committee to the most appropriate Bursary applicant.
The Relithan Bursary is another Bursary award to a deserving 6th former awarded by the Bursary Committee to the most suitable applicant.
Timelines for Bursary applications for the 2021-22 Academic Year
Year 12 entry:
Owing to the timescales surrounding Year 12 entry decisions, any enquiries/requests for Entrance Bursaries for those starting Year 12 at King’s Ely in September 2021 should be received by 23 October 2020 (but preferably earlier, as part of the discussions during the Admissions/Registration process).
Those wishing to apply for a Bursary will be sent the application forms and details by 23 October 2020 with a deadline for applicants to submit their completed application with supporting documentation by 4 November 2020.
We have pre-arranged for BAL to make Home Visits to applicants on 16-17 November 2020 in order parents can be notified of any award by early December. Applicants should be ready to accept a Home Visit by BAL on either of these dates.
Entrance Bursaries For other Year Groups:
Any requests for Entrance Bursaries for those starting at King’s Ely in September 2021 should be received by Admissions before 27 November 2020 (but preferably earlier, as part of discussions during the Admissions/Registration process).
An invitation to submit an application, with details of the information required to support the application, timescales, and the process will be sent to parents no later than 2 December 2020, with a deadline to submit their application and supporting documentation by 18 December 2020.
We have pre-arranged for BAL to make their visits to applicants’ homes on 6-7 January 2021. Applicants should be ready to accept a Home Visit by BAL during these days to allow the Bursary Committee to take place in early February. We aim to write to all applicants by the middle of February to inform them of the outcome.
Any requests to apply for an Entrance Bursary for academic year starting September 2021 received after 27 November 2020 will be deferred until the second, smaller round of application assessments which will take place during May and early June, with decisions being notified by the middle of June 2021.
No further applications for Entrance Bursaries for academic year 2021-22 will be accepted after the end of May 2021.
Continuation of an existing Bursary
Parents of children already awarded Bursaries for the academic year 2020-21 will be emailed by 20 November 2020 inviting them to submit a review application form and supporting paperwork to the Business Manager by 18 December 2020. We will share application packs with BAL via their secure SharePoint site in order they have the information available to conduct desktop/telephone reviews. These reviews will need to be conducted by 5 January 2021.
BAL have a deadline of 15 January 2021 to get their information to the school to allow a Bursary Committee meeting in time to provide parents with the outcome in the third week of February 2021.
Any applications received after the 18 December deadline will be deferred until a second Committee meeting to be held March/April 2021.
Any questions from an existing parent about Bursaries should be directed in the first instance to the Head of the relevant section of the school or to Simon Drew, the Business Manager.
Tel: +44 (0) 1353 660700