I apologise in advance for the prematurity of this post...

I'm looking into applying for the Oxford BCL, commencing in 2010. However, funding is baffling me: it was never this difficult for undergraduate law! Am I right in thinking that I will automatically be considered by the University, Faculty and whichever college accepts me for internal funding? If so, I understand so far. The real difficulty I have, however, is with AHRC funding. My understanding is that I will be considered automatically by the faculty for funding under the block grant programme, but can apply to the AHRC separately for the open competition (both for professional prep. masters funding). Is this right? Sorry for the confusion!