Bradford District Credit Union, in collaboration with Bradford Council, is delighted to announce the third annual instalment of the groundbreaking UniformSavers project. This pioneering savings initiative continues to offer crucial assistance to single-parent families within the Bradford district. Thanks to funding from West Yorkshire Mayor Tracy Brabin’s Cost of Living Fund, UniformSavers not only promotes a savings culture but also provides financial support, including a £100 boost, to help cover the expenses associated with school uniforms.

Now in its third year, UniformSavers has already aided numerous families in meeting the costs of school uniforms, a task made even more challenging amidst the ongoing cost of living crisis. The project presents a unique opportunity for single parents who have not previously participated to cultivate a habit of saving while gaining essential financial aid for the significant expense of school uniforms.

Parents can initiate a regular monthly savings plan with the credit union with a modest contribution of £10. In August 2024, the scheme will reward savers who contribute at least three times with a £100 boost into their savings account, directly alleviating the financial burden of securing their child’s school uniform for the upcoming academic year.

Residents interested in participating can open an account by appointment only by emailing uniformsavers@bradford.gov.uk to book a slot at either Britannia House in Bradford city Centre or Keighley Town Hall, where dedicated staff are available to guide them through the application process.

Feedback from participants has been overwhelmingly positive, with many expressing profound relief and heartfelt gratitude for the additional support offered during these challenging times. UniformSavers has emerged as a lifeline for those grappling with the cost of living crisis, providing not only essential financial assistance but also valuable insights into effective financial management.

Cllr Imran Khan, Bradford Council’s portfolio holder for education, employment and skills, said: “People were telling us that they felt they couldn’t save money and would often borrow from payday loans, rely on family and friends, or even resort to loan sharks to pay for school uniforms. But they found this savings scheme to be an easy and judgment-free way to save £10 a month with a £100 boost from the council at the end. Feedback shows it reduces stress, anxiety, and financial concerns. They greatly appreciated receiving this kind of help.”

For further information or to join the UniformSavers initiative, please contact uniformsavers@bradford.gov.uk to arrange an appointment. Please note that individuals can only qualify for the incentive once, ensuring that as many people as possible can benefit.

To learn more about saving or borrowing with the credit union, visit www.bdcu.co.uk.