Financial Assistance
Support for Financial Difficulties
All students are asked before starting their programme to confirm that they have sufficient funds to pay for their fees and living expenses. However, students may find themselves in financial difficulty for a variety of reasons, and the college will help students to seek further support.
Oxford Assistance Fund
Students in financial difficulty may be eligible to apply to the Oxford Assistance Fund, a centrally-administered Fund which assesses students for support according to their fee status, providing assistance through grants and/or loans. Students should ensure that they check the eligibility criteria and the deadlines in place, which can be found via the above link when considering applying for this support. The Green Templeton College Office Administrator can be contacted for a copy of the relevant application forms.
Green Templeton Financial Assistance Fund
The college has limited funds each year to help current students who are experiencing unexpected financial difficulties with living costs.
Students applying to the Financial Assistance Fund will be required to demonstrate that their need for assistance is a result of unexpected changes to their financial circumstances, rather than the result of insufficient funding from the outset.
Short-term, interest-free ‘bridging’ loans of up to £500, or temporary adjustments to a fee-payment schedule, may be considered for students experiencing delays to their funding.
Green Templeton College Financial Assistance Policy
- The aim of the Green Templeton College Financial Assistance Fund is to help current students who experience genuine financial difficulties with their living costs and excludes any support towards tuition fees, continuation fees or visas.
- The Financial Assistance Fund support is defined as: short-term financial support for students experiencing unexpected and unforeseeable financial difficulties with living costs.
- We follow the University’s definition of ‘unexpected’.
- Applicants must be able to demonstrate that their difficulties are a result of unexpected changes in their financial circumstances, rather than a result of insufficient funding being available from the outset of the course.
- All enrolled Green Templeton College students are eligible to apply (including PhD students in their first year and students on one-year or nine-month courses), however those on short courses (one year or less) are unlikely to receive financial support unless it will clearly relieve a temporary difficulty with cash-flow.
- The expectation is that incoming students will have made reasonable provisions for themselves and any dependants before beginning their Oxford course, therefore Financial Assistance Applications in Michaelmas Term from students in their first year of study will not normally be considered and priority will be given to returning students.
- Green Templeton College Financial Assistance Fund awards are not normally made for more than £1,250 for full-time students and £625 for part-time students.
- Applicants to the Green Templeton College Financial Assistance Fund must currently be in financial difficulty – speculative applications are not permitted. There must be evidence of a financial shortfall at the point of application.
- The Green Templeton College Financial Assistance Panel will need to consider whether a student’s long-term financial situation is unsustainable. If the Panel is concerned that a student does not have sufficient funding for the remainder of their course then we may not be able to support a student in the short-term and may suggest other courses of action, for example, an application to suspend.
- Adjusted payment plans to support difficulties with payment of fees may exceptionally be agreed upon as part of any package of support for temporary financial difficulties.
- The Financial Assistance Panel, chaired by the Senior Tutor, meets every four weeks during term-time to consider new applications.
Contact
If you would like to discuss your situation before submitting an application to any of the above funding schemes, please contact the Academic Registrar, Alison Franklin: alison.franklin@gtc.ox.ac.uk