The University is making two financial hardship schemes available to staff.
These schemes are open to members of the University only who have either a contract of employment or a worker agreement with the University.
The Staff Welfare Loan is an interest-free loan of between £250 and £1,000 to support staff who are facing short-term financial difficulty, and who have been unable to find funding from other recognisable and reputable sources, such as a bank or building society loan. Further details about the scheme, including eligibility and the application process, are available on the HR Division website at https://www.hr.admin.cam.ac.uk/coronavirus-employee-welfare-loan.
Members of staff who wish to apply to the Welfare Loan Scheme will be asked to send their completed application form to their line manager and relevant departmental or institutional administrator. Departmental/institutional administrators are asked to check and verify an applicant’s personal details, and their employment eligibility for the scheme, and send the completed form to the Loan Administrator in the central Finance Division. Further information for administrators can be found here.
The Staff Hardship Grant is a one-off, non-repayable and taxable grant of up to £1,250 to University staff who are facing exceptional or unexpected hardship as a result of a loss of their income due to the coronavirus outbreak. It is not open to staff who are eligible for the Welfare Loan, or staff whose salary is £50,000 or greater.
Further information on the scheme, the process for application and the role of departmental staff are outlined on the HR Division website at https://www.hr.admin.cam.ac.uk/staff-hardship-grant-covid19.