Alternative Student Finance Bank Account

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Details

Contract Title:Alternative Student Finance Bank Account
Published Date:Apr 17, 2026
Notice Type:Notice (CompetitiveContractNotice)
Value Banding:Low Value
Delivery Point:United Kingdom

Description:

The Awarding Authority is establishing an alternative student finance (ASF) product, compatible with Islamic finance principles, to enable all students, regardless of their faith, to access Higher Education (HE). Whilst the current student finance system provides interest-bearing loans for students entering HE study, some students, particularly those who identify as Muslim, do not feel able to access these loans due to their faith. ASF will address this barrier by providing a faith-sensitive equ...


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