Loughborough University
Leicestershire, UK
LE11 3TU
+44 (0)1509 263171
Loughborough University

Student Advice and Support Service

Finance

Hardship Funds and Loans

During your time at University, you may find yourself with little money and struggling to meet your financial obligations.  This may be a budgeting issue or because there is a problem with your student funding. Our advisers can help you whatever the reason.

If you find yourself in a situation where you have very little money left to live on, you should contact us straight away to discuss the options available.

Emergency Hardship Loan

We can provide you with a Emergency Hardship Loan up to £250 depending on need. This is short term and attracts no interest or charges, unlike an unauthorised overdraft or payday loan.

The loan is intended to cover your essential needs such as food and travel and will need to be repaid to the University. You will agree a repayment date with your adviser at the same time as you agree the loan.  

Book an appointment with an adviser to discuss eligibility for an Emergency Hardship Loan.

The Hardship Fund

If you are in financial hardship you may be able to get some help from the University’s Hardship Fund. All the forms and information on eligibility and how to apply is below.

  • Applications must be submitted by email to HFapplications@lboro.ac.uk.
  • If you do not have access to IT to be able to scan and/or compile documents as a pdf other document formats may be accepted.  Please ensure attachments are and easily readable, for example this could include well taken screen shots or mobile phone photos.  Please keep file sizes to a minimum and use suitable file names to help the prompt consideration of your application.                                  _________________________________________________________________

The University’s Hardship Fund provides a grant to students who find themselves in financial hardship due to unforeseen circumstances since starting the course. Please note that the fund cannot help with tuition fee payments.

An application can be made to the Hardship Fund each academic year. All enrolled Loughborough students can apply e.g. UK, EU and international students studying further education, undergraduate, postgraduate taught and postgraduate research courses. Students on a leave of absence are also eligible.

The Hardship Fund cannot be applied for in advance of your enrolment. You are expected to have planned ahead to have adequate financial provision in place for your studies. You should have secured / saved enough money to cover all your reasonable costs whilst studying and an expected provision assessment is part of the Hardship Fund assessment process.

If you are a UK student and have not applied for your full entitlement of loans/grants, you will not be eligible for an award.

An award from this fund is not automatic and awards are granted according to individual circumstances. Students need to make a full application with the supporting documentation requested on the form. Please note that as part of the decision making process, you might be asked to provide additional evidence to support your application.

We strongly recommend that you contact the Student Advice and Support Service for feedback on your draft form and supporting documentation prior to formal submission. You can book an appointment to do this by phoning +44 (0) 1509 222765.

Click on the image below to download the form:

Hardship Fund form Sample budget for Loughborough Sample budget for London


RECEIVING A DECISION

Completed applications will be assessed and a decision communicated usually within 28 days. A maximum of £2,500 can be received in any one academic year but this depends on individual circumstances.

If your application is successful, payments will be made to the bank account details held on the University’s records. Awards in excess of £1,000 will normally be paid in instalments. If you have any outstanding Emergency Hardship Loans, it is usual to deduct the loan from any award you received from the Fund.

If your application is unsuccessful, you can seek advice as to your possible next steps.

Hardship Fund Summer Scheme (for Undergraduates)

The Hardship Fund Summer Scheme is intended to help undergraduate students who face financial difficulties during the summer vacation.

All the forms and information on eligibility and how to apply is below.

  • Applications must be submitted by email to HFapplications@lboro.ac.uk.
  • If you do not have access to IT to be able to scan and/or compile documents as a pdf other document formats may be accepted.  Please ensure attachments are clear and easily readable, for example this could include well taken screen shots or mobile phone photos.  Please keep file sizes to a minimum and use suitable file names to help the prompt consideration of your application.                                 

Financial assistance may be granted if students are living independently over the summer. For example: if they need to remain in Loughborough for the vacation due to family, personal or health difficulties. It is expected that students will have attempted to find paid work or other means of supporting themselves over the summer but if they have reasonable grounds for not doing so, then this can be taken into account.

Applications will be accepted from 28 June 2021 to 24 September 2021 and decisions/payments will be made within four weeks of receipt of a completed application.

Applications will be assessed over the 13-week period of the summer vacation. It is important to set out your specific circumstances over the summer. In general your term time student finance will not be treated as income during the summer vacation but, if eligible, you are expected to have borrowed a government maintenance loan during the 20/21 academic year.

Postgraduates may apply to the standard Hardship Fund during the summer.  Assessments will be based on the full period of their academic year.

Hardship Fund Summer Scheme Form (2021) (Undergraduates)

Hardship Fund Summer Scheme Sample Budget (2021)

Change of Circumstances

If your circumstances have changed since you submitted your application within the same academic year, you can re-apply using a shortened application form (below) setting out the changes and providing relevant evidence.

Please note that if you have already received £2,500, you will not be eligible for anything further.

  • Applications must be submitted by email to HFapplications@lboro.ac.uk.
  • If you do not have access to IT to be able to scan and/or compile documents as a pdf other document formats may be accepted.  Please ensure attachments are clear and easily readable, for example this could include well taken screen shots or mobile phone photos.  Please keep file sizes to a minimum and use suitable file names to help the prompt consideration of your application.                                  _________________________________________________________________

The change of circumstances application will be reviewed and there will be a fresh decision based on your original application and the new information you have provided.   

It is recommended that you discuss your Change of Circumstances application with a Student Advice and Support Service adviser before re-applying. Please note that as part of the decision making process, you might be asked to provide additional evidence to support your application.

Hardship Fund

Change of circumstance form