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Financial Support
When it comes to financing your higher education and supporting yourself while you study, help is available.
If you are starting a Higher Education course in 2013/14, apply online now for student finance!
The student finance calculator on Student Finance England gives you information about the Tuition Fee Loan, Maintenance Loan, Special Support Grant and other types of help. And you don’t need a confirmed place on a specific course or university to apply for funding.
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. 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.
You can apply online now for student finance for courses starting in 2013/14. Applications need to be made to the Student Loans Company through Student Finance England.
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?
Student finance guides 2013/14
Studying on a course awarded by London Metropolitan University or City University London?
Find out more about the Scholarships available through London Metropolitan University
Find out more about Scholarships available through City University London
Key points
- No-one has to pay up front and you only repay loans when you earn enough
- 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
- Bursary – if your course is awarded by City University London or London Metropolitan University, you may be eligible to apply for a bursary. Bursaries don’t have to be paid back. See the relevant university website for more information.
You can also find more information on Money Saving Expert.
Find out more about our Higher Education courses, includuding tuition fees.
