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Financial
support

We know it can be difficult to talk about money, and even harder to tell someone if you’re struggling financially. But most of us experience money issues at some point.

Everyone deserves a decent standard of living

We believe everyone has the right to a decent standard of living and if you’re facing temporary or ongoing costs that are preventing that, we want to be there for you. We offer financial support to help you get back on your feet and feeling more in control of your situation. Whether it’s through a one-off grant or quarterly or monthly payments over a longer period, there might be ways in which we can ease some of the pressure if you’re under a heavy financial burden. Because as part of the engineering community, your welfare is our priority.

Eligibility

Perhaps you’ve been out of work for some time or seen a drop in income after separating or losing your partner. Or maybe you’ve come up against unexpected household expenses or daily living costs that are suddenly higher than normal and you’re finding it difficult to cover. Regardless of why you’re having a tough time with money, if you’re a current or former IET member and have less than £16,000 in savings, we might be able to help you through it with financial support.

At Foothold, we’d like to help you and your family if you’re having financial problems – no matter the reason. Get in touch with us whenever you're ready.

Ways we can help you right now

Monthly budget sheet

When we struggle to make ends meet we usually feel out of control. That’s why we’ve put together a monthly budget sheet – to help you get to grips with your spending.

Download factsheet

Controlling the uncontrollable

Money matters can sometimes feel out of our control. And when things feel out of control we become overwhelmed and stressed. That’s why our friend Pete Scott has put together this guide to help you.

Download factsheet

Financial support

It’s the first time I used Foothold and to be honest I am proud to be a member of this family.

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