King's Living Bursary 2019-20
King's commitment to financially assisting students who need extra funding to complete their studies.
Information for 2019/20
** King's College London is currently in the process of allocating the King's Living Bursary to students, and students can expect to receive emails providing details of how to receive their bursary by the 16th November.**
From 2019/20 onwards, students will no longer have to actively provide consent for their household income to be shared with King's College London. This means that as long as you have been means-tested, this information will be automatically shared with the university unless you contact Student Finance to specifically request that it is witheld.
The bursary will be released in two instalments, in November and February, and students should expect to be contacted with details of how to receive their first instalment in November.
Am I eligible for the King's Living Bursary scheme?
The bursary differs slightly depending on the year you start at King's.
You will not need to apply for the bursary - as long as you meet the criteria below and you and your sponsors both give Student Finance England/Northern Ireland/Wales/SAAS 'consent to share' your financial information with us, you will be contacted once you have started at King's.
The King’s Living Bursary scheme is open to every full-time home first degree student who has been means-tested with a final income assessment of £42,875 or less, on the £9,000/£9,250 tuition fee rate. Second degree students on non-graduate entry programmes will be considered eligible, provided they meet the remaining criteria.
Please note that you must be means-tested by Student Finance England/Wales/N.Ireland/SAAS even if you do not intend to take up the maintenance loan. You must also give consent to share your household income data with the university. NHS funded and graduate students are not eligible.
As a full-time home undergraduate student studying in 2019-20, the level of bursary you receive will depend on your income and that of your household. You must qualify for the bursary by June 2020 for a payment in 2019-20. Eligibility is checked for each year of your course. This bursary is for costs whilst you are studying and does not have to be repaid.
How much is the King's Living Bursary?
King’s commitment is simple. For all new full-time, home undergraduate students, depending on your household income, King’s will award a King's Living Bursary as follows:
King's Living Bursary 2015-16
|Household Income||King's Living Bursary for new students in 2017, 2018 or 2019||King's Living Bursary for students who started in 2012, 2013, 2014, 2015 or 2016|
|£25,000 or less
|£25,001 - £33,500
|£33,501 - £42,875
Students from Scotland, Wales and Northern Ireland
Scottish, Welsh and Northern Irish students in receipt of a maintenance grant or an equivalent grant/bursary, will receive a King's Living Bursary in line with the household income bandings described above.
If you have been classed as EU for tuition fee purposes, and are receiving the tuition fee loan but are not eligible for the student loan for maintenance, you will be ineligible for this bursary.
As of 2019, students and sponsors will give their consent for King's to receive their household income information automatically as part of the application process.
Students who wish to withdraw their consent can do so by contacting Student Finance directly, however please be aware that we will not be able to consider a student for the King's Living Bursary where consent has been withdrawn.
When will I receive my King's Living Bursary?
You will receive your bursary in two equal instalments - usually in November and February - over your academic year and it does not have to be repaid. Payment will be made by BACS, and you will be asked to provide your bank details via your online student records portal to enable this after you have enrolled. Bursary payments will not be issued if you are no longer in attendance on your course.
Instalment dates are mid November 2019, and mid February 2020.
You will be contacted about your bursary by mid November.
You do not need to apply to the King's Living Bursary scheme, as we will receive notification from the SLC of your Maintenance Grant or household income entitlement.
If you have any queries about the King's Living Bursary scheme, or any other aspect of the new student funding arrangements, please contact the Student Funding Office here at King's where we will be happy to offer you further advice.
The College has tried to give students an early opportunity to begin their research of student funding. Although every effort has been made to ensure that information provided is both helpful to prospective candidates and accurate at the time of its publication, it is possible that some information may be outdated or superseded before the start of the 2019-20 academic year.