27th April 2020

SU Financial Support Scheme

Chapters
  1. About the scheme
  2. Who can use the scheme?
  3. How are decisions made to release funds?
  4. How do I apply?
  5. When can I apply?
  6. When will I get paid?
  7. What evidence will I need to provide?

About the scheme

We believe no staff member should be put in financial hardship whilst they’re unable to work. That’s why we’ve launched the Financial Support Scheme.

The Financial Support Scheme is an initiative designed and funded by the Students’ Union to prevent any member of SU staff falling into financial hardship as a result of Covid-19.

We’re committed to supporting staff wellbeing during the coronavirus pandemic. If you have any questions, concerns or problems during this time please don’t hesitate to contact the the Financial Support Scheme team on su-financial-support@sheffield.ac.uk.

Who can use the scheme?

It is open to all SU staff members, casual or core, who are on furlough leave and will face financial difficulties due to the decrease in pay to 80%. The scheme will provide those eligible with the funds to top up their pay up to 100%.

Please note - to be eligible for this funding, student staff members must have already applied to the University’s hardship scheme. Find out more via the University of Sheffield website.

How are decisions made to release funds?

The scheme will provide those eligible with the funds to top up their pay up to 100%. The criteria is not based on how much you earn, but on whether the drop in income means your essential outgoings have become unaffordable.

You can see a list of the evidence we may ask you for by downloading the following PDF:

The evidence you may be asked to provide.

How do I apply?

We have kept the application process as simple as possible. To be eligible you need to:

  • Work for the Students’ Union.
  • Provide evidence that you have applied for support elsewhere (eg. University Hardship Fund if you are a student, Universal Credit if you are a non-student).
  • Provide evidence of outgoings.

Please download this application form, complete all sections and return to su-financial-support@sheffield.ac.uk with your supporting evidence.

Please ensure that the email subject line is as follows: FIRST NAME, LAST NAME.

Photographs or scans of your original documents will be accepted.

Please note that the application form is a Microsoft Word document. If you do not have access to Word please let us know by emailing us (su-financial-support@sheffield.ac.uk) and we will send you a link to a Google Doc.

When can I apply?

There will be two application windows to fit with payroll schedule:

  • The first window is now open, and will close on Thursday 30th April. Application review dates will take place before 5th May, when payroll will be informed.
  • The second window will open on 3rd May, and will close on 9th May.

When will I get paid?

For the first application window you will get paid on May 7th (Casual) or May 29th (Core).

For the second application window you will get paid on May 15th (Casual) or May 29th (Core).

What evidence will I need to provide?

You will be asked to provide:

Budget planner

Non- Students please follow this link to complete and submit a copy of a budget planner (if you already have an income/expenditure sheet you can submit this).

To be eligible for this funding students staff members must have already applied to the University scheme. The University money planner you completed in that process can be submitted.

Proof of income and outgoings

3 months of bank statements for the household (applicant and partner if applicable), this information will be used to check the details in your budget planner are correct.

You can annotate your bank statements or send a second document outlining any payments, which may seem unclear to the reviewing panel.

Personal Circumstances

Evidence to explain personal circumstances e.g. medical evidence

Other supporting

Details of any funds that you have received or that you have are awaiting (email confirmations or screen shots).

A list of where else you are planning to apply for further funds.

A list of organisations that you have already sought advice from (and any evidence available.

Your application form and supporting evidence will be checked by the Financial Support Scheme admin team, comprising of a People Development representative and a Finance representative. If all required evidence has been submitted, your application will be given to the panel for review. The panel comprises of an Office and a Director.

If you have not submitted the required evidence we will be in touch and you will be able to resubmit, however this will slow your application so please try to use the criteria and checklist to submit the correct evidence in the first instance.