Bursaries

When the Foundation was founded, its grant funding was directed solely towards supporting employability and financial education programmes and was delivered by our charity partners.

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Supporting young people

Working with partners, we recognised that young people often faced additional barriers in getting to colleges and workplaces, and in achieving qualifications. The pandemic and subsequent cost of living crisis identified a growing gap in funding support for young people who  were the most financially vulnerable.

We identified a need to provide direct financial support to these young people, and together with our partners, designed a new approach to supporting financially vulnerable young people between 16 to 25 years old. In October 2020, the Foundation announced its Bursary.

Funding

In October 2023, with support from other funders, the Wee Bursary  was launched in Glasgow. Supporting children and young people (11-25 years), the bursary has a range of referral partners from schools and youth based organisations across Glasgow.

In October 2025 the Brummie Bursary was launched in Birmingham with support from other funders. The programme supports young people aged 16-25 through a network of referral partners from youth based organisations across the city.

April 2026 saw the launch of the Wee Bursary in Edinburgh, with support from other funders. The bursary supports young people (16-25 years) through a range of local referral partners from youth based organisations in Edinburgh.

We are developing our plans for a further city based bursary in London. We hope to launch in 2026. In the meantime the Foundation will continue to solely fund bursaries in London: supporting young people overcome hardship and providing financial help towards costs including work ready qualifications, energy bills, food, clothing, IT and data kit, and travel.

The Foundation’s financial education partner Money Ready acts as a referral partner. It supports the young people who apply for a bursary to improve their own financial education through online and in-person programmes: encouraging a more sustainable approach and upskilling young people to more effectively manage their future finances.

Charities and young people continue to report on the positive impact of the Bursary. Sometimes, just a little funding makes a huge difference to young people’s lives. We see the positive impact bursaries have, please visit our annual report for more information.

Our annual report

City based bursaries in Glasgow, Birmingham, and Edinburgh are financially supported by other UK funders. Later this year, we’ll have exciting news about London.

Our bursary co-founders