About the fund

BSU offers Short Term Loans under our Financial Support Fund to provide quick, practical help
for temporary cash flow problems during the academic year.
When a loan may be suitable
A short-term loan may be appropriate if you are experiencing:
• A delay in receiving expected funding (e.g. Student Finance)
• An unexpected one-off expense
• A short-term gap between income and essential costs (e.g. whilst waiting for your salary
to be paid)
• Some students find loans a more comfortable option, as they are intended as a
practical, short-term solution rather than an assessment of hardship.
How it works
• Short-term loans can be arranged more quickly than other forms of support, helping you
address urgent financial pressures for quickly.
• If your loan application is approved, we will lend an amount to help cover your day to day
living costs, typically £100 per week (maximum amount that can be borrowed is £500).
- The fund is intended to support students with a temporary cash flow problem during the academic year by providing support towards essential living costs. It is not intended to be a main source of income, and cannot cover full rental or deposit payments, or tuition fee instalments in full.
-Awards are discretionary and need to be repaid.

Eligibility criteria

This fund is only available to people in the categories listed below. Please do not apply if you are not in one of these.