LSF Process

Description

LSF Process
Scott Tiger
Mind Map by Scott Tiger, updated more than 1 year ago
Scott Tiger
Created by Scott Tiger about 6 years ago
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Resource summary

LSF Process
  1. Eligibility

    Annotations:

    • Be aged 16-18 on 31st August 2017 or Be aged 19 or over on 31st August 2017 and continuing a course you began aged 16-18 (19+ continuers) or Have an Educational Heath Care Plan or  Enrolled on a 16-18 traineeship programme
    •  And A home student for fee assessment purposes. On a course/programme of study that is subject to inspection by a public body that assures quality (e.g. Ofsted) and the provision must be: Funded by the EFA or via a local authority. Funded or co-financed by the European Social Fund or publicly funded and lead to a qualification (up to level 3) that is accredited by Ofqual or is pursuant to Section 98 of the Leaning and Skills Act 2000. When allocating resources, the College may consider other exceptional circumstances e.g. Young carers, young people who having caring responsibilities but are not in receipt of Carer’s Allowance.
    1. Payments

      Annotations:

      • Distribution of funds will be dependent on the number of eligible applications received. The first payment will be made in mid-October. Subsequent payments will be made fortnightly The payments will be based on a minimum of 87% attendance each week with 2/3 of the award paid based on attendance of 87% per week, 1/3 additional for 100% attendance and punctuality Payments will be paid in to the student’s own bank account 
      1. ProSolution
        1. CATEGORIES
          1. AGREED AMOUNTS
            1. INSTALMENT DATES
              1. weekly
                1. Monthly
              2. 16-18Mainstream
                1. 16-18NVG
                  1. 19+Hardship
                    1. HE
                      1. 19+ Advanced Loans
                      2. PROCESS

                        Annotations:

                        • Add New Applicant Approve Based on Eligibility
                      3. Assessment of eligibility

                        Annotations:

                        • Evidence of family income being within the threshold of £25,000 per annum. This may be evidenced by presentation of a Tax Credit Award Notice or documentation from HMRC showing actual income for tax year 2016-17 or a P45 in exceptional circumstances. Parent or nominated guardian’s evidence of Child Benefit & DWP Letter confirming receipt of a means tested benefit dated within the last 3 months
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