The email is attempting to obtain your personal details fraudulently by asking you to click on the link text 'Grant Information Link'.
The link directs you to a fake online form which is pretending to be from the University of Westminster. This is how the fraudsters are attempting to steal your personal information.
If you have entered any personal details in the fake online form, you should contact any organisation that holds the information you shared, such as your bank if you entered your bank details, or the HM Revenue & Customs if you entered your NINO (National Insurance number). You can also make a report to actionfraud.police.uk.
For information on how to avoid being a victim of scam or phishing emails read What is Phishing? on the IT Security webpages.