For example, where a student leaves their course early after receiving part of their bursary payment, institutions should use the unspent funding on other vulnerable student bursaries. Should an institution have any surplus funding that has previously been
paid to them for vulnerable student bursaries, they should use this to pay discretionary bursaries
after 30 April 2014.
If an institution uses these unspent funds in this way and then identifies a new vulnerable student, they should make a claim for funding in the usual way, via the funding claim form. They would then put ‘0’ in the Recycled Funding column of the form.