Higher Education Funding

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To apply for Higher Education Student Finance click here

Remember, during the registration process you will create a username, a password and a customer ID number. You must keep these safe as you will need them in future.

 

Student Finance is money that you can apply for to pay for your higher education course and to help with your living costs whilst you are studying.

It is made up of two main parts:

Tuition Fee Loan

  • a repayable Student Loan for Tuition Fees – to cover the cost of your tuition fees

This can cover the full cost of your tuition fees and is paid directly to the University or College. The amount is not assessed on your household income so all students are eligible for the full amount. Your loan is then repaid once you have completed your course and you are earning over £21,000 per year.

Maintenance Loan

  • a repayable Student Loan for Maintenance – to help with accommodation and other living costs

This is to help towards living costs (for example: accommodation, food, travel and course materials) whilst studying at University or College. The amount you receive is dependent on household income. The money is paid in 3 termly instalments. This is then repaid once you have completed your course and you are earning over £21,000 per year.

Other sources of financial help

Disabled Students’ Allowance (DSA)

This grant provides extra financial help if you have a disability, mental health condition or a specific learning difficulty like dyslexia. It is paid on top of the standard student finance package and is not dependent on income, nor does it have to be repaid.

Childcare Grant

The Childcare Grant helps full-time students with the cost of childcare during term times and holidays. The amount you receive will be dependent upon your household income and is based on 85% of your actual childcare costs.

Parents’ Learning Allowance

This can help pay for course-related costs such as books, materials and travel if you have dependent children. The amount you receive will be dependent upon your household income.

Adult Dependants’ Grant

Under the current funding guidelines, students with a husband, wife, partner or another adult family member who is financially dependent on them may be eligible for a non-repayable grant.

Access to Learning Fund

The Access to Learning Fund provides discretionary financial assistance for students to access and remain in Higher Education, particularly those students who need financial help to meet extra costs that cannot be met from other sources of support. Priority groups include students with children, lone parents, mature students with existing financial commitments, students from low income backgrounds and students in unexpected hardship.

University and College Bursaries

Many institutions have bursaries available, to provide discretionary financial assistance for students to access and remain in Higher Education, particularly those students who need financial help to meet extra costs that cannot be met from other sources of support. Priority groups include students with children, lone parents, mature students with existing financial commitments, students from low income backgrounds and students in unexpected hardship.

NHS funding

Funding may be available for courses that lead to a career as a healthcare professional. Applications for NHS funding are made via the NHS business website. Once you have established your eligability you will need to register and apply by creating a Bursary Online Support System (BOSS) account. NHS funding website

Sponsorship

Some major companies, as well as offering sponsorship to students, also provide employment during vacations and after graduation.

 

Part-Time Students

Students who are studying an eligible part-time course will be able to apply for a tuition fee loan. You must be studying at least 25% of the full-time equivalent. Part-time students will generally not be entitled to a maintenance loan.

 

Maintenance Loan rates

Figures are 2017 rates.

Repayments

The Tuition Fee Loan and Maintenance Loan are both repayable once you have completed your course and you are earning over £21,000. Payments will be deducted straight from your salary, through PAYE, and will be based on 9% of anything over the £21,000. So, for example, if your salary is £24,000, you will repay 9% of £3000 each year. If you plan to travel or work abroad for more than three months you will need to complete an Overseas Income Assessment form. Any loan remaining after 30 years will be written off.

 

Repayment rates

SFE rapayment 1516

 

 Further Information

To apply, you must:

  • be a UK national or have settled status (that is, no restrictions on how long you can stay in the UK)

  • normally live in the UK; and have been living in the UK for at least three years before the first day of your course

You might still be able to apply if you’re:

  • an EU national, or a relative of one

  • a refugee, or a relative of one

  • under Humanitarian Protection, or a relative of someone under Humanitarian Protection

  • an EEA/Swiss migrant worker, or a relative of one

  • the child of a Swiss national

  • the child of a Turkish worker

Click here for up to date eligibility information

Help, information, guides and forms can be found on the Student Finance England website.

Click here to go to the Student Finance England website

 

Additional information is available at the Student Room website

Click here to go to the Student Room website

 

Information about loan repayments can be found at the Student Loan Repayment website

Click here to go to Student Loan Repayment website

 

Information about NHS funding is available at the NHS website

Click here to go to the NHS Funding website

 

Calculator

There is also a calculator to help you to work out how much you may get before you make your application

Click here to go to the Student Finance calculator

 

Contact Student Finance England

Telephone:
0300 100 0607

Address:
Student Finance England
PO Box 210
Darlington
DL1 9HJ

 

 Funding outside of England

 

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To apply for HIgher Education Student Finance click here

Remember, during the registration process you will create a username, a password and a customer ID number. You must keep these safe as you will need them in future.

 

If you need any further help or advice, please contact the Careers and Employability Team