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Finance

Student Finance Information

Moving from school to college often involves a change in financial costs; as you enrol at the college you will have to consider the following:

Travel

The majority of our students travel to college on public transport. Please see the student travel Information page for more details

Wisepay

Many payments in college are now made via the wisepay system. This enables the student to use their student card to pay for food onsite, as well as make other payments such as their locker key deposit or learning resource contribution (see infobox on this page for further details).

Food

Please note that neither of our refectories take cash. Students can used the normal range of bank debit cards or parents, or students, can add funds to the student WisePay account, which can then only be used in the on-site college refectories.

Financial Awards

The college operates a bursary scheme (funded by the government) to support students from families on low income receiving a means tested benefit, and with earnings below a certain threshold. Financial support can be provided for eligible students for the costs of participation in college, eg travel, food and equipment. Details of eligibility and application form for the standard bursary are available for download.

Please note that a higher level bursary is also available for those students who are living independently, in care or care leavers. Details of eligibility and application form for the higher bursary are also available for download. Ideally, new students should submit their form along with supporting evidence by 4th August 2023, in order to ensure that arrangements are in place at the start of term.

Learning Resource Contribution

At enrolment, students are asked to make a one-off contribution of £65 to cover I.T. and other learning resources, accident insurance and a contribution to the college fund. £25 is refundable at the end of your time at college if all resources have been returned in good condition.

Lockers

These are allocated on a first come first served basis. We try to accommodate all students that request a locker, but it is not always possible. There is a charge of £10 which covers all the years students are at college. Arrangements regarding lockers are made during the enrolment process

Claiming Child Benefit 

Parents can continue to claim Child Benefit whilst students attend college. If you have not already done so, you can contact HMRC to report that you are continuing your studies by going to the government child benefit webpage.

  • Child Benefit Helpline 0300 200 3100
  • 8am to 8pm, Monday to Friday, 8am to 4pm Saturday.
  • Text phone 0300 200 3103
  • Outside UK +44 2890 538 192

Childcare Support

Some students may have dependent children and be eligible for financial support towards their childcare. If this is your situation, please look at the government Care to Learn Scheme.

If you have any queries, please email finance@colchsfc.ac.uk

Student Finance

Student Finance Information 2022/23