Guide to completing the Financial Guarantee (offer-holders)

If you're an offer-holder and you're not sure how to complete the Financial Guarantee (FG), look no further!

For most of you, this should be a fairly simple form to complete. Below are some Top Tips and Frequently Asked Questions.

Home UK/EU students

My course has an optional fourth year - what should I put for 'Course Duration' in Section A?

Your FG needs to show that you can afford to study your chosen course here. You do not need to guarantee more than three years of funding if the additional year(s) are optional, i.e. for Maths, Computer Science, Natural Sciences. A guaruntee for four years of funding is only required for AMES, MML, History & ML the 4yrs Classics course (and Engineers intending to sit the fourth year); or six years for Medicine. Top tip: If you are applying for funding for your course (e.g. for a Student Loan) you should apply for the maximum number of years that you are likely to be on the course - it's easier to cancel the additional year than to add an extra one.

What evidence do I need to send with the FG?

The only additional paperwork we require is a copy of the University or College Payment Advice letter if you're applying for a student loan, but we reserve the right to request additional evidence of available funds as we see fit.

I haven't yet received confirmation from my application to Student Finance - should I wait and send the FG when I have it?

No, we need the FG in time for the deadline given. This is so that we can identify potential problems early, and make sure everything is in place for when you come to study here. If you've applied for a Maintenance Loan, or believe you will receive the Cambridge Bursary, put the anticipated amounts in the table in Section C and submit the FG in time for the deadline.

How do I apply to Student Finance?

See our Student Loan page.

How do I apply for the Cambridge Bursary?

No separate application is required - you will automatically be considered for it if you apply for a means-tested Student Loan and agree to share the information with your institutions.

What is the College Fee?

The vast majority of Home students don't need to pay the College Fee. If you are studying for your first degree and are eligible for a Tuition Fee loan (regardless of whether you actually apply for one) you are exempt from the College Fee. Students studying for a second degree ('Affiliated Students') or those who have overseas fee status have to pay this fee.

Who should be my Guarantor (Section D)?

You cannot be your own guarantor. For most people, it will be a parent/guardian/family member.

Who should can witness the signatures (Section D)?

Anyone who knows you. It doesn't need to be a member of a particular profession.

Overseas students

My course has an optional fourth year - what should I put for 'Course Duration' in section A?

Your FG needs to show that you can afford to study your chosen course here. You do not need to prove that you have more than three years of funding if the additional year(s) are optional, i.e. for Maths, Computer Science, Natural Sciences. Evidence for four years of funding is only required for AMES, MML, History & ML, the 4yrs Classics course (and Engineers intending to sit the fourth year); or six years for Medicine. Top tip: if you are applying for funding for your course (e.g. the Cambridge Overseas Trusts, or another external body) you should apply for the maximum number of years that you are likely to be on the course - it's easier to cancel the additional year than to add an extra one.

What is the College Fee and why do I have to pay it?

All Peterhouse students are liable for the College Fee - for Home students, this fee is paid for by the government. For more information on what the College Fee covers, see the University website.

How do I complete Section C?

You should provide evidence of any and all sources of finance you have available. Your form needs to demonstrate that your parents or supporters can support you by providing at least the amount required whilst also having enough money to live on and support any dependents. If your family contribution is going act as your funding source, you must list the amount of savings available to you (and calculating the amount available per year) and the proportion of any future income you intend to use (e.g. '40% of father's income'). Any personal funds should also be displayed in this way. All funding in Section C must be accompanied by paper evidence - usually a bank statement, letter from an employer, or a letter from an external funder (e.g. the Jardine Scholarship).

I haven't heard the result of my application to the Cambridge Overseas Trust - can I submit my Financial Guarantee after the results have been released?

No, please list this and any other scholarships you have applied to in Section C, 4.

Who should be my Guarantor (Section D)?

You cannot be your own guarantor. For most people, it will be a parent/guardian/family member.

Who should can Witness the signatures (Section D)?

Anyone who knows you. It doesn't need to be a member of a particular profession.