Advice for parents about the career options for their children

Finances

Student finances for those starting university or college from September 2017:

Universities and colleges can charge tuition fees of up to £9,250 a year for full time students and up to £6,935 a year for part-time students for which students claim a Tuition Fee Loan.

Students are not required to begin to repay student loans until they are in work and earning £21,000 a year

After 30 years any outstanding student loan will be written off

Part-time students can now apply for a Tuition Fee Loan instead of a grant

The range of financial support for students is:

A Tuition Fee Loan to cover tuition fees in full

A Maintenance Loan for living costs like rent (this is for full-time students only)

Scholarships and bursaries available from colleges and universities

Extra financial help for students with a disability, children or adults depending on them

Maintenance Loans are available to students with amounts available based on circumstances.

Full-time students will be required to pay back student loans plus interest once they finish their course and are working and earning more than £21,000 a year. Part-time students who earn over £21,000 a year will have to start paying back their loans after three years even if their course hasn't finished.

 Grants, scholarships or bursaries do not need to be repaid.

Student Loans

University fees are increasing but you or your child do not have to pay for them now. Loans are available to every student.

Which loans are available? >

Overview - Loans

Grants & bursaries

Your child may be entitled to a grant, bursary or scholarship

More about grants and bursaries >



Overview - Grants

 Applying for financial support

Your child should register with Student Finance England so they can apply online, They will need to supply bank details and proof of household income for assessment for any means tested elements.

Go to Student Finance England