STUDENT
FINANCE
You can usually apply for Student Finance from late March, but you don’ t need to wait for a confirmed university place to apply, so do it as soon as you can.
There are two main types of loan *: Tuition Fee Loan
Available to UK students to cover the complete cost of tuition fees. This loan is paid directly to the university or college you study at.
Maintenance Loan
This is to cover your living costs, such as rent, bills, travel etc. It will be paid directly to your bank account at the start of each term, and the amount you receive will be dependant on your household income.
Repayments You will need to repay your loans, but not until after you finish your course and are earning over a certain amount. Repayments are taken monthly, directly out your paycheck, and the amount paid is dependant on your current income.
There may also be extra funding available, depending on your circumstances, e. g. DSA( Disabled Students’ Allowance), or there may be additional bursaries or scholarships offered by your university.
You can find out more here: bit. ly / ucas-student-finance
* info provided by Student Finance England( bit. ly / sfengland), find out more information here: bit. ly / sun-student-finance
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