How to fund your training
The responsibility for funding your training ultimately lies with you and we strongly advise that you consider your means of funding before you attend an audition with us. However, we have experience with how to fund actor training and can help you through the process. Together, we can support you as you plan a funding strategy.
Funding for BA(Hons) Acting
Students will be entitled to apply for a government loan to help cover the cost of their course (course fees for entry in 2020/21 currently stand at £11,100 per year). For more information on the type of student funding available, please visit the Gov.uk website.
Funding for MA Collaborative Theatre
For students to be eligible for SLC funding via Postgraduate Loans, they must be studying a qualifying course at an officially recognised Higher Education provider. The Collaborative Theatre MA course at Fourth Monkey, accredited by Falmouth University meet these criteria.
Please note that Postgraduate Loans are only available to UK students from Student Finance England and Welsh students through Student Finance Wales. SAAS and Student Finance NI do not fund Postgraduate Loans.
For more information on the type of student funding available, please visit the Gov.uk website.
Funding for CertHE Performance & Theatre Making
Students on the CertHE Performance & Theatre Making at Fourth Monkey, accredited by Falmouth University, qualify for student loans towards tuition fees and maintenance loan towards living expenses. Students would also be entitled to funding for a further full three years of any chosen BA programme, once you had completed the CertHE course.
Students will be entitled to apply for a government loan to help cover the cost of their course (course fees for entry in 2021/22 currently stand at £9,250 per year). For more information on the type of student funding available, please visit the Gov.uk website.
Other Funding Options (applicable to all courses)
Future Finance Student Loans
Future Finance is the UK’s largest private student lender.
About Future Finance Loans
- Loans are offered from £2,000 – £40,000 to cover both tuition and living costs
- Loans are offered to UK, EU and even international students with a UK domiciled address
How to apply?
Students can submit an application online up to six months prior to course start. You can get started by submitting an application via the Future Finance website to see if you’re eligible.
The partner of Future Finance, Fourth Monkey Actor Training Company, will be required to verify your attendance on the course before any funding is released; this will be completed after you have attended registration at the partner of Future Finance, Fourth Monkey Actor Training Company.
Any loan funds requested for tuition will be released directly to Fourth Monkey Education Ltd to be applied towards your tuition and loans for living costs will be paid directly to you.
What else can you do?
Having access to money doesn’t make you a good actor. But developing the resourcefulness to find money to make it happen are exactly the practical skills an actor needs. Although we cannot recommend a particular method of funding your training, we encourage you to do your own research into funding options.
Some suggested and previously successful routes to aid financing the training are:
- Crowdfunding platforms
- Sponsorship from business, associates, family, friends
- School/college alumni funds
- Local/charitable organisations with a specific interest in the arts
- Short term loan options
There are also a range of charitable trusts that have support for young creatives. They include the Prince’s Trust, the William Barry Trust, the Talisman Charitable Trust, The Richard Carne Trust or the Scarr-hall Memorial Trust. Please research these fully before applying, to boost your chance of being successful.
In addition, many of our students work flexible jobs around their training and we support them with these needs by providing a list of associated employers and suggested avenues upon acceptance.
What we can do
This is most likely the first time you have funded a course like this, which is why we are on hand to help you through the process. If we have offered you a place, it’s important to us that we find a way for you to access the training.
Once registered to enrol and to join the Fourth Monkey family, we are on hand to support you in your search for additional funding, by searching out grants, sponsorship and helping you with funding applications.