Bursaries and Scholarships
Information if you have been awarded a bursary or scholarship to help fund your studies.
The Loughborough University Bursary (Undergraduate)
The Loughborough University Bursary (LUB) is a financial package tailored for UK/EU undergraduate students (excluding those from Wales), who fall within a qualifying household income band. The LUB offers support through:
- Cash bursaries
- Tuition fee waivers
The Loughborough University Bursary is not available to students from Wales, the Channel Islands and the Isle of Man. EU students who started prior to the 2021/22 academic year can be considered, but are eligible for the fee waiver element only.
The value and combination of the support depends on the year you started at Loughborough and your household income - this will be based upon the results of the annual means-testing process carried out by your Student Finance agency. If there is a reduction in the maximum UK/EU Undergraduate tuition fee the University may also reduce the value of the bursaries it awards.
Eligibility and Application
To be eligible for consideration for the Loughborough University Bursary you must have applied for a means tested loan via the Student Loans Company and fall within a qualifying household income band. Please note your sponsors (usually your parents) must give their consent to share their financial information with the University in order for you to be assessed for the award.
If you meet these conditions you could be entitled to a LUB award. If this is the case you will normally be advised of your eligibility during the autumn term, with the first cash bursary payment (if applicable) being made on or around week 6 of term.
Frequently Asked Questions
How do I apply?
You do not need to make a separate application to the University in order to be considered for the Loughborough University Bursary. However, you will need to have made an application to the relevant Student Finance award agency. You and your sponsors (usually your parents) will also need to have given their consent to share information with the University. Once we have determined that you are eligible you will receive a letter informing you of the value of the award. If you believe that you are eligible for an award and have not received a letter by the end of October please contact Student Records & Operations at firstname.lastname@example.org.
Will the Loughborough University Bursary be renewed for each year of my course?
Your eligibility for the bursary is reviewed each year that you remain registered on an undergraduate programme. If you undertake a sandwich version of the course (i.e. a placement year), the payment element of the Bursary will not be paid in the sandwich year (normally year 3) but you may still be eligible for a fee reduction.
How and when are bursaries paid?
The bursary element of the scholarship programme will go directly into your bank account. Payments are made in three instalments on the following dates:
- Instalment 1 (33%): 14 November 2023
- Instalment 2 (33%): 13 February 2024
- Instalment 3 (34%): 7 May 2024
Your bursary will be paid directly to you by the University. It is essential you have provided your bank details to the University at least one week before the payment date. You can maintain this information by logging into Student Self-Service.
What if there is a delay in my Student Finance assessment?
There will be some students whose student financial assessment is not finalised prior to the beginning of term which will mean there will be a delay in assessing if you are eligible for the Loughborough University Bursary. Students should be aware that the University monitors eligibility for the bursary throughout the year to determine eligibility for students whose assessments have been delayed.
What happens if there is a change to my eligibility?
Throughout the first few weeks of term, a student’s household income assessment may change as a result of communication between the Student Loans Company and HMRC or through a request for reassessment by the student. If after reassessment, eligibility changes following any payment, from then on the awards a student received will be based upon the current assessment.
How do I find out more about the Loughborough University Bursary?
To find out more, please click on the year that you began your studies at Loughborough:
- LUB Terms and Conditions 2023 Entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2022 Entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2021 Entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2020 Entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2019 Entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2018 entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2017 entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2016 entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2015 entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2014 Entry (PDF) – 2023-24 version
- LUB Terms and Conditions 2013 Entry (PDF) – 2023-24 version
The Opportunity Scholarship (UG)
The University is pleased to also offer Opportunity Scholarships worth £9,000 over three years. The Scholarships, funded through generous donations from alumni and friends of the University, provide support to a number of UK undergraduates from low HE participation neighbourhoods who achieve ABB at A Level or equivalent.
Eligibility for the Opportunity Scholarships is assessed at the application stage.
Postgraduate Taught Scholarships
If you are eligible for the Alumni Bursary or a Postgraduate Taught Scholarship this will have been identified as part of your application and applied to your record. The fee reduction will automatically be reflected in your regular financial statements. If you did not receive a Postgraduate Taught Scholarship but believe you are eligible, please contact the Postgraduate Admissions Team.