Concordia Bursaries
As a result of the impact of the VAT increase to fees, Merchant Taylors’ School is able to provide short term financial assistance through our Concordia fund for pupils whose parents/guardians could not otherwise afford a place at the Senior School
This fund is intended to provide short-term support to a maximum of 5 terms, to families whose children will be most affected by the introduction of VAT on fees Priority will be given to those pupils who are in their examination years ie Years 10 to Upper Sixth, where we know that the disruption and detriment to their eduction would otherwise be significant
The number of bursary awards available depends entirely on the funding available and the bursary level will be variable, depending on family circumstances up to a maximum of the value of the fee increase from January 2025
All applications will be means-tested and are underpinned by a rigorous review process The School utilises an external company to conduct independent financial reviews of successful applications This will involve each family having a compulsory review of financial circumstances and will result in a confidential report to the School with a recommendation on the level of award
A bursary application will only be successful if both of these criteria are met:
The child has strong academic ability/potential, as demonstrated by their performance in line with the Terms and Conditions of Award
The School is satisfied that the family meets the Schools’ criteria for financial assistance All awards are subject to regular review to ensure continued eligibility
Applying for a Concordia Bursary
Applying for a Concordia Bursary
The Closing date for applications for a Concordia Bursary is Friday 18th October 2024
You will need to complete the confidential means-tested Bursary application to be considered for assistance Gross income from all sources and family income/ expenditure is taken into account Full details can be found in our Financial Assistance Policy which is available through the website
Following the half term break you will be invited, by the bursary company, to an independent financial review This review will then result in a recommendation to the School on whether you meet the financial criteria for award and the level of Bursary recommendation
You will be notified of the result of your application via an email from our Finance Office
If you have any queries or require any additional information please contact Ms Smith in the Fees Office: d m smith@merchanttaylors com
The Bursary Application Form asks for information about the following:
Income (Salary, Pension, Benefits etc )
Outgoings (Tax, NI, Pension contributions, Mortgage repayments etc )
Capital Assets (Savings, ISAs etc )
Capital Liabilities (Mortgage etc )
Net Assets
You will also be asked to provide: 3 months’ payslips
Mortgage statement
Most recent P60
Latest audited accounts (if appropriate)
We advise that you have all this information to hand before starting your online bursary application
When completing your application, please select ‘Short Term Hardship’ as the type of bursary that you are applying for and include the code: MTS108P
Please click the link below to apply for a Concordia Bursary:
Bursary Application Form
www merchanttaylors com