Further Education
 The Process

1.
Selection & Prioritisation
  • Eligible institutions will receive an Application Pack directly from the LSC. The pack will include the Application Form and the Application Notes. (Also available here)
  • Applicants will need to download the
    PROJECT COMPLIANCY SHEET.
  • Applicants are required to send the completed Application Form and Project Compliancy Sheet to LSCApplicationForm@salixfinance.co.uk
    and by hard copy, within 2 working days to:
    LSC Applications
    Salix Finance
    25 Southampton Buildings
    London
    WC2A 1AL
  • Applicants can apply for any amount of funding up to £150,000. There is no minimum amount.
  • If they have any questions, potential clients can
    CLICK HERE to contact our team.
  • All questions should be covered before submitting an application. Enquires cannot be dealt with after applications have been submitted.

2.
Fund
Payment Process
  • Colleges will be notified of the success or otherwise of their application in March 2008. Funds will be paid by LSC in March or April 2008. This funding must be invested by
    1st October 2008.
  • For funding over £50k, half of the money will be paid in March and the rest will be paid upon completition of the institutions energy saving projects.

3.
Implementation of Projects
  • All projects must be completed before 1st October 2008 and a signed confirmation must be sent to Salix by October 15th 2008 stating this. A draft letter is included as part of the application pack. Those colleges that do not complete the projects within this timescale will be subject to recovery of the funding from LSC.
  • An audit will be undertaken by Salix to check projects have been carried out.
  • Only compliant projects with a maximum 5 year payback, using proven technologies, will be funded.
FURTHER EDUCATION