Money gained for clients:
SAC Money Drs
Gain to clients (Grant, Loan & ALF): £267,787 £401,049
Gain to clients (Other statutory sources): £42,417 £10,630
Gain to clients (Other incl. money saved): £15,777 £1,550
Totals: £325,981 £413,229
Grand Total: £739,201
Short analysis:
After a difficult year for money gains in 2011-12, our financial gains for clients have bounced back strongly. Our ability to resolve Student Finance England issues continues to result in substantial levels of student funding secured for clients, and our close working relationship with the Access to Learning Fund has meant we have really helped the fund in its commitment to help students.
Other statutory funding has remained less than easy to secure for clients. Next academic year might see a change in this patters as Universal Credit is scheduled to be rolled out nationally.