City and Islington College

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Financial Support

When it comes to financing your higher education and supporting yourself while you study, help is available. 

Don't worry, no-one has to pay up front, you don’t need a confirmed place to apply for funding and you only repay loans when you earn enough. Here are the key points about applying for student finance. For complete information, visit www.gov.uk/apply-for-student-finance

If you are starting a Higher Education course in 2013/14, apply online now for student finance. 

What support can you get?

How much can you borrow?

Repayments

How to apply

When to apply

Further information

What support can you get?

Both full-time and part-time students can apply for a loan to cover tuition fees.

Full-time students can also apply for a maintenance loan, and can be assessed for a grant to cover living costs.

Non-repayable disability grants and child allowances are also available.

The amount of your maintenance loan or grant will depend on your household income, whether you live with your parents and whether you live in London.

Maintenance grants do not have to be paid back but you do have to pay back a tuition loan and maintenance loan.

City and Islington College National Scholarship Programme (NSP)
City and Islington College will be awarding scholarships to 12 Higher Education students starting in 2013/14. Find out more here

Key points

  • There are two types of loan available:
    • Tuition Fee loan – covers the full cost of the course tuition fees
    • Maintenance loan – covers living costs such as rent, food, bills, and is dependent on your household’s income i.e. the less your household earns, the more you will be able to borrow.
  • The following are also available:
    • Maintenance grant – for students of low-income households, and which you never have to pay back
    • Scholarship – you may be eligible for a scholarship awarded by City and Islington College, or by City University London or London Metropolitan University (if your course is awarded by the university). Please see the National Scholarship Programme information below to find out more. 

How much can you borrow?

Use the student finance calculator to see what finance and extra help you can get. Here are some examples of how much you can borrow.

Tuition Fee Loan:

Full-time student: Up to £9,000
Part-time student: Up to £6,750

Maintenance Loan:

Living at home: Up to £4,375
Living away from home, in London: Up to £7,675

Maintenance Grant for living costs:

For a household income of £25,000, grant of £3,354
For a household income of £30,000, grant of £2,416
For a household income of £35,000, grant of £1,478
For a household income of £40,000, grant of £540
For a household income of over £42,611, No grant

Repayments

Whether you are a full-time or part-time student, you start repayments when you earn over £21,000. The amount you repay will depend on how much you earn. Each month you pay back 9% of any income over £21,000.

Use the repayments calculator to check how much you pay back.

  • Income of £21,000 and under = No repayments
  • Income of £25,000 = £30
  • Income of £30,000 = £67
  • Income of £40,000 = £142
  • Income of £50,000 = £217

How to apply

Applications need to be made to the Student Loans Company through Student Finance England.

Students from England
Most full-time and part-time students can apply online to Student Finance England. If you can’t apply online, use the form finder to get the forms you need.

If you are a continuing student (i.e. you got finance last year), log in to your student finance account and apply online.

1. Set up a student finance online account
2. Log in and complete the online application
3. If needed, include details of your household income and get your parents (or partner) to support your application
4. If needed, send in proof of identity
5. Usually, within 6 weeks you’ll get a loan declaration in the post - sign and return it

If you’re a continuing student (i.e. you got finance last year), log in to your student finance account and apply online.

EU students

1. Download an application pack - use the form finder to get the forms you need
2. If needed, send in proof of identity
3. Usually within 6 weeks you’ll get a letter confirming how much you’ll get

You’ll be sent the application forms if you’re a continuing student (you got finance last year).

Please note, there is a different process if you became a part-time student before 1 September 2012, or are from Scotland, Wales and Northern Ireland.

When to apply

You don’t need a confirmed place at a university or college to apply. The deadline for applying is 9 months after the start of the academic year.

Students from England
For the 2013 to 2014 academic year, applications are:

  • Open for full-time courses
  • Open for part-time courses

EU students
For the 2013 to 2014 academic year, applications are:

  • Open for full-time courses
  • Open for part-time courses

The dates are different for students from Scotland, Wales and Northern Ireland.
The rules are different if you became a student before 1 September 2012. You’ll get a letter telling you when you can apply.

Further information

For more information about financial support for courses starting next year, view the following booklets which have been put together by Money Saving Expert. Please note this information is applicable to courses starting in September 2013.

Financial Help - Full-time Student Guide

Financial Support - Part-time Student Guide

Financial Support - Mature Student Guide

Student finance 2013/14: what money can you get?

Applying for student finance

Student finance guides 2013/14

Money Saving Expert

 

Find out more about our Higher Education courses, includuding tuition fees.