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BRITISH WHEEL OF YOGA – EASTERN REGION

 
   

Financial Aid Policy – July 2005

 
               
           

The region has reviewed its position on the funding of diploma course students, financial support for DCTs and grants to other miscellaneous projects promoting the development of yoga in the region.  The review took place in early 2005 and reviewed in June 2007. The policy was ratified at the regional committee meeting on 16th June 2007.

 
         
 

Diploma Course Students

 
 

The region will not offer grants to prospective diploma course students on the basis of financial

  hardship.  Such students will be referred to the Career Development Loan, administered by the

  Learning & Skills Council.  They could borrow up to the full cost of the course via this route.

 
 

 Students who are already on a diploma course and run into financial hardship, leading to the risk of
 dropping out, will be offered a one-off grant from the region of £300.  The region will need proof
 of financial status in such a case. 

 
 

 DCTs will be encouraged to offer their own concessions to students on very low incomes – such as
 staged payments of fees or reduced fees.

 
         
 

Diploma Course Tutors (DCTs)

 
 

The region will continue to fund one third of the costs of DCT Training – not means tested. 

 
 

Qualified DCTs will receive 50% of the cost of DCT weekend (compulsory in-service training).  Reasonable requests for travel costs to the weekend will be paid.

 
         
 

Other requests for help to promote yoga in the region

 
 

The region will consider any request for funding of worthy causes on a case by case basis.  Detailed proposals from claimant required.

 
         
 

REVIEW DATE

 
 

This policy will be reviewed in 2008

 
         
 

FINANCIAL PLANNING

 
 

The Regional Treasurer will budget for these costs in the following way

 
 

£500 per year for diploma course students’ emergency fund and other requests..

 
 

£500 for DCT training and weekend.

 
 

If and when the fund runs out, it is not anticipated that more will be made available except in exceptional circumstances.

 
         
         
         

DP/16.06.07  

         
               
               
         
       
         
   

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