December 3rd, 2009 
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A quarter of students from low-income families are unaware of the financial help available to help them through universal school, according to a new apply the mind to.
The research, led by Claire Callender, Professor of Higher Education Policy at Birkbeck, University of London, found that students from families with an annual income of less than 25,000 were least likely to be aware of the 192m of bursaries and scholarships that universities in England provide.
Students from such families are entitled to a minimum bursary of 319 a year, with some universities offering as much as 3,150.
A spokesperson for company Gregory Pennington said that without financial assistance, students from low-income families could be taking on a lot more debt than they need to.
“Most students take out a Government student loan, but this rarely covers 100% of a student`session costs, so most will have an overdraft or other form of credit. Those from low-income families could find the debt singly difficult to repay, which is one reason grants and bursaries are so important.”
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Tags: Financial Help, Help