We're pleased to announce the Institute of Chartered Accountants inEngland and Wales (ICAEW) Foundation Bursary for September 2016 entry.

ICAEW Foundation is the charity of ICAEW, a world leader of the accountancy and finance profession. Set up in 2007, the charity has a number of objectives, in particular the support, through its bursary programme, of talented disadvantaged students who wish to study in the field of accounting and finance. This also sits with ICAEW’s own wider objectives of broadening access to the profession.

To be eligible for the bursary, you will need to demonstrate an interest in and aptitude for accountancy in addition to coming from a financially disadvantaged background. ICAEW Foundation will also stay in touch with you throughout the course of your studies and you will feature on their website.

Key information

Entry September 2016 - the deadline for applications has now passed
Eligibility To be eligible for the bursary, you must meet all four of the following conditions:
  • be a new BU first year UK/EU undergraduate student, studying for a first degree and registered on an accountancy or finance course including: BA (Hons) Accounting & Finance, BA (Hons) Accounting & Taxation, BA (Hons) Accounting & Law, BA (Hons) Accounting & Business, BA (Hons) Finance & Business, BA (Hons) Finance & Economics
  • have an annual household income of below £30,000;
  • be domiciled (home address) in a neighbourhood with low participation in higher education1 and/or be the ‘first in family’ to enter higher education2;
  • have a strong academic record and an interest in and aptitude for accountancy

We will check your household income using data securely downloaded from the Student Loans Company (SLC). You will need to have given the university permission.

Whether or not you live in a Low Participation Neighbourhood will be checked using the Government’s POLAR3 dataset. ‘First in family’ means your parents and/or step-parents have not been to university or studied for a degree or another higher education qualification.

Application and Selection

If you are interested in applying for this bursary, please complete in full the online form.

If you have an queries about this bursary or your eligibility or if you would prefer to submit your application by post or email, please contact our AskBU Students' Service via email or call +44 (0)1202 969696.

A panel of academic and professional services staff will meet to consider applications and agree a recipient based on the criteria provided. The decision of the panel is final.

We will notify the recipient in September.


£4,000 paid in your first year, second year and final year. Bursaries are not paid in placement year.

Total value: £12,000.

BU bursaries are paid on a pre-paid card in 9 instalments between October and May.

Number available One
Closing date 23:59pm 8 September 2016
Other information

You cannot be in receipt of the BU Maintenance Bursary and the the ICAEW Foundation Bursary.

If successful, you will need to submit a report of 250-300 words to ICAEW for each year you receive the award. The report should include academic and other achievements during the year and ambitions for the future, including how the bursary has made a difference to your student experience. These reports may be published by the ICAEW Foundation.

1 According to HEFCE data-set: Participation by Local Area (POLAR V.3).  For the purposes of this award, domicile postcodes in Quintiles 1 and 2 will be considered.  This will be assessed using the HEAT Postcode Profiler.

2 Parents and/or step-parents have not been to university or studied for a degree or other higher education qualification.  

The legal bit

Bursaries are reviewed on a regular basis and the university reserves the right to withdraw, amend or introduce new bursaries at any time. Bursaries are offered subject to funding and availability.

Bursary applications and the scoring matrices agreed by the panel will be stored for up to three years. Should the chosen recipient not take up the award for any reason, the next best ranked applicant will be chosen to receive the remaining value of the award.