APPLYING FOR A
BRIDGING LOAN 2016/17
▪ Am I eligible to apply for a Bridging Loan?
A Bridging Loan is for students who have applied for statutory funding and who are awaiting their first maintenance
payment. You will need to provide evidence that you have applied for the maximum free overdraft facility allowed by
your bank.
A Bridging Loan is also available for NHS students awaiting reimbursement from the NHS.
▪ How much can I apply for?
The usual amount is £250 for students without dependants and £350 for students with dependants.
The loan is intended for essential living costs only, not usually for accommodation costs.
▪ When will I have to repay it?
The loan is repayable in full within 4 weeks of it being issued.
A condition of the loan is that you provide us with your debit card details for repayment on the agreed date.
For NHS students awaiting reimbursement from the NHS, the loan is repayable on the reimbursement due date.
▪ What happens if my funding is further delayed?
Please contact the Financial Aid Office by emailing [email protected] or by visiting the Student Central helpdesk
in the JHB building if your statutory funding is further delayed. You will need to inform
us the day prior to the repayment due date at the latest. Please provide evidence regarding the delay and new anticipated
repayment date.
▪ How do I apply?
Complete the application form and submit all the evidence required: there is an evidence check list on the back of the
application form.
Please submit photocopies of evidence only as we will not be able to return any documents to you.
Return the form to the Student Central helpdesk in the JHB Building or scan and email as pdf to
[email protected]
▪ What happens next?
We will notify you within 3 working days of your completed application being received with the outcome of your
application by emailing your Brookes email address. If a loan is agreed, we will send you a loan agreement form to
sign and return, and will request your debit card details for repayment of the loan on the due date.
▪ Where can I get more advice?
The Brookes Union Advice Service located on the first floor of the JHB building can help you chase delayed statutory
funding by contacting SFE or the NHS on your behalf.
They also offer budget- and debt-management advice. www.brookesunion.org.uk/advice
Date of receipt
FA No:
APPLICATION FOR A
BRIDGING LOAN 2016/17
Surname:
First names:
Student number:
Telephone number:
Email address: we will always use your Brookes email account; please let us know if you are unable to access this.
Reason for application?
◻ Delay in receipt of Student Finance England/Wales/Scotland/Northern Ireland maintenance payment
◻ Delay in receipt of NHS Bursary payment
◻ Awaiting NHS reimbursement (please specify your reimbursement due date) …………………....................
Reason for delay in receipt of maintenance funding: …………………………………………………….........………
…………………………………………………….........……………………………………………………………........
…………………………………………………….........……………………………………………………………........
Date you expect to receive first maintenance payment: .............................
Amount requested? ……………………………………………………………
Maximum: £250 for students without dependants; £350 for students with dependants
Please write below the details of the bank account to which any loan should be credited
Name of Bank/Building Society:
Branch Title (eg. Name or Town):
Sort Code:
Account number:
Payment of loans will normally be made by a same or next day payment request to the student’s
nominated bank account. Failure to provide full and correct details will result in delays to any award
made by the Financial Aid Committee reaching you.
DOCUMENTS CHECKLIST
▪ ALL the following documents must be submitted with your application.
▪ Photocopies only, please, as original documents cannot be returned.
◻ Evidence that you have applied for and are eligible for Student Finance England/Wales/Scotland/Northern
Ireland maintenance loan/grant, NHS bursary,
or other statutory funding.
◻ Current month’s bank statement for all accounts, including savings
accounts. Any transactions of £100 or more need to be annotated,
see diagram below:
◻ Evidence that you have requested the maximum free overdraft
facility allowed by your bank.
◻ Child benefit letter or child tax credit letter if you have requested
a £350 Bridging Loan.
PTO
DECLARATION
▪
I understand that the loan is repayable within 4 weeks on receipt of Student Finance, NHS funding, other
statutory funding, or on receipt of my NHS reimbursement.
▪
I have read the guidelines which accompany this application form.
▪
I understand that it is a condition of the loan that I provide my card details for Oxford Brookes University to take the
payment in full on the agreed date: the loan will only be released once I have visited Student Central, JHB Building,
Headington Campus or called (01865) 483850 to provide by debit card details.
▪
I understand that failure to repay the loan as agreed by me may affect my student status and may also lead to legal
action being taken against me for recovery of the debt.
▪
I declare that the information I have given on this form is correct and complete to the best of my knowledge.
Signature ……………………………………………………………………
Date ……………………………………………………………………