Instrument Purchase & Loan Schemes
(Information on The Countess of Munster Musical Trust website)
A listing of organisations that fund instrument purchase and/or provide loan schemes.

Arts Council England - Take it Away Scheme
Take it away is an Arts Council initiative that allows individuals to apply for an interest-free loan of up to £5,000 for the purchase of a musical instrument. You must purchase your musical instrument from a retailer that is a registered member of the Take it Away Scheme. To be eligible to apply for a Take it away loan you must be aged 18-25, be a permanent UK resident, be working at least 16 hours per week and hold a bank or building society account capable of handling direct debit payments. For full terms and conditions see the website.

EMI Music Sound Foundation
Support for individuals in full time education to fund musical instrument/equipment purchase. Preference is given to individual students under the age of 25. Please note that they do not fund retrospectively. They do not support applications over £2000. To be eligible you must have been resident in the UK for a minimum of three years AND are either a British citizen or a national of a member state of the European Economic Area, or have been granted leave to enter or remain in the UK for an indefinite period or hold a certificate of right of abode in the UK. You will not be eligible to apply if you are present in the UK only for the purpose of education or attending a course of study. The deadline for applications to be considered at the next Trustees’ meeting in March is Monday 8 February 2016.

Loan Fund for Musical Instruments
The Loan Scheme is for professional players under the age of 36 who can show that they have sufficient income to be able to repay the Loan. The Grant Scheme is designed to help students and young professional musicians from the beginning of their third year of full-time study until two years after the completion of their full-time course. A Grant will NOT be made for more than one third of the purchase price of any instrument. The maximum Grant is £5,000. Preference is given to British Nationals. Awards are not made in respect of electric or electronically controlled instruments. Applications must be sent by 21December1 May or 1 September to be considered by the trustees.

The Countess of Munster Musical Trust Awards -Loans for instrument purchase
A limited amount of the Trust's funds is set aside to support young professional musicians wishing to purchase instruments. Such assistance is offered in the form of interest-free loans repayable over periods varying from 5 to 12 years, depending on the size of the loan advanced, and is only available to past beneficiaries of the Trust (i.e. to young artists who received funding from the Trust towards their postgraduate studies and who have completed their studies and are either working in the music profession or looking to enter the profession).
Closing date for applications: 10 February.

The Albert Cooper Music Charitable Trust
The trust was founded for the benefit of young persons 'who play an instrument with the bow', for example, violin, viola, cello and double bass.  The Charity can provide help towards the purchase of an instrument. Support is provided to students up to the age of "about 30 years of age". The deadline for applications for spring 2017 auditions was 30 November 2016.

The Tom Acton Memorial Trust
Provides bursaries for young musicians in need. The Trust requires all candidates to have been born and educated or received most of their education in Essex. They are happy to receive applications from students at undergraduate or postgraduate level and also at Junior College level (e.g Junior Trinity). Bursaries include assistance with such things as instrument purchase. Applications must be received by 31 May. Auditions are held in July and winners of awards will be notified by the end of July.

The Radford Trust
Applicants must be resident in Cornwall. In the case of university and post-graduate students, residence up to the age of 18 is acceptable. Grants are available to assist in the purchase of instruments. Where applicants are in full-time study, the Trustees will want to know the extent to which parents can contribute and what other sources of financial help have been approached. Applications can be made at any time, but the majority of the decisions are made at the annual meeting of the Trustees in September.


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