Higher Education financial support
Help is available when it comes to funding your studies. Here’s a summary of what’s on offer, with links to step-by-step application guides.
Undergraduate Student Finance (or Student Loans)
- Bachelors Degree
- Foundation DegreeCertificate of Higher Education (CertHE)
- Diploma of Higher Education (DipHE)
- Higher National Certificate (HNC)
- Higher National Diploma (HND)
- Initial Teacher Training course e.g. PGCE
You may be eligible to take out a Student Finance England loan to cover the cost of your tuition fees and a Maintenance loan to help with your living costs.
You may also qualify for other financial support if you are on a low income, are disabled or have children.
Funding is not available for international students.
If you’re going to be studying part-time, your eligibility will depend on how much of your course you complete each year compared to
an equivalent full-time course.
You’ll usually only get student finance if you’re doing your first higher education qualification – even if your previous course was self-funded.
Your university or college sets your tuition fee, and the loan is paid directly to them.
You start to repay your loan once you are earning £25,000 (see www.gov.uk/repaying-your-student-loan for more information).
You’ll be charged interest on the loan from the day you take it out.
You will need to apply online and do not need a confirmed place on a course to do so.
You can find all the information and a step-by-step guide to applying for undergraduate student finance on the Gov.UK website at www.gov.uk/student-finance and www.gov.uk/get-undergraduate-student-loan
The step-by-step guide takes you through each stage of the process, including checking if you’re eligible, finding out how much you could get, preparing your application and applying.
When applying for student finance to study with us, please choose the WKCIC Group as your institution/provider. The college will need to see proof of your application for student finance or your ability to fund your course on enrolment.
Don’t forget to complete and send off your declaration of signature so that your tuition fee and maintenance loans are released once your attendance at College is confirmed.
Advanced Learner Loans
- Other Level 4 or Level 5 qualifications
If you’re aged 19 or over, already have a Level 4, 5 or 6 qualification and would like to return to Further Education, you may be eligible for an Advanced Learner Loan for courses at Level 4 or 5 to cover the cost of your tuition fees.
You may also be eligible for money from the Advanced Learner Loan Bursary Fund if you need help with costs while studying, for example childcare, travel or trips related to your course.
Loan eligibility does not depend on your income and there are no credit checks.
How much you get depends on the type of course, your course fees and the maximum loan available for your course. The minimum loan you can get is £300 and is paid directly to your college or training provider.
You do not have to borrow the full cost of your course – you can pay for some of it yourself.
To be eligible, you need to be living in the UK on the first day of your course or have been living in the UK, Channel Islands or Isle of Man for 3 years before starting your course.
You may also be eligible depending on your nationality or residency status.
You’ll have to pay your loan back when you’ve finished your course and are earning more than £25,000 a year.
You need to apply for your chosen course and be made an offer by the College. To be able to apply for an Advanced Learner Loan your course must be fundable by a loan and your interviewing teacher will be able to confirm this for you.
You can apply for your Advanced Learner Loan online and will get a letter confirming your loan – usually within 2 weeks.
You can apply for a loan from 5 May 2019 for courses starting between August 2019 and 31 July 2020.
You can find all the information you need and a guide to applying for an Advanced Learner Loan on the gov.uk website here.
Apprentices do not pay to study an Apprenticeship – responsibility lies with the employer to pay. If the company pays the Apprenticeship Levy, they can use this to fully cover the cost of your training. If they are not a levy paying company (pay bill under £3m per year), they will be asked to pay 5% of the cost of your apprenticeship and the government will contribute 95%.