Undergraduate Student Finance 

NMH Rates Template v3 0.docxTuition fees and living costs can seem like a huge burden to take on when thinking about higher education. However, the government has schemes in place to help you achieve your education, with money being the least of your worries.

Student Finance England is a government agency that can provide you with a tuition fee loan, maintenance loan and grant, and other financial support.

What finance is available to students?


Tuition Fee Loans

Tuition fees are the amount universities or colleges charge you each year to study. You can take out a loan with Student Finance England to pay for this. The tuition fee will then be paid directly to the College. Repayments of the loan will not commence until the April after your programme ends (subject to you earning a minimum of £21,000 per annum).

Maintenance Loan 

Living cost loans are available to help support you while studying. This is paid into your bank account at the start of each term. This loan will not need to be repaid until the April after your programme ends (subject to you earning a minimum of £21,000 per annum).

Maintenance Grant

A grant is means-tested money that is available to students on a low income, to help support living costs while studying. This money will not need to be repaid. This is paid into your bank account at the start of each term.

Extra Help Available:

  • Child Care Grant
  • Parents’ Learning Allowance
  • Access to Learning Fund
  • Bursaries and Scholarships
  • The Adult Dependants’ Grant
  • Disabled Student Allowance (DSA) - find out more about this funding here

Non-Medical Help 

Click Here to see the Non-Medical Helper Rates for 16/17

Below are some websites on student finance that you may find useful:

www.gov.uk/studentfinance

www.nhsbsa.nhs.uk/students

www.moneysavingexpert.com

www.studentbeans.com

 
To find out more about government loans and grants, take a look at the following sites:

Student Finance England: www.sfengland.slc.co.uk

Student finance registration: www.gov.uk/student-finance

Loan repayments and interest rates: www.studentloanrepayment.co.uk