The following student loans are available for university level courses:
- Tuition Fee Loan for full-time students
- Tuition Fee Loan for eligible part-time students for the first time
- Maintenance Loan to pay living costs for full-time students only
Tuition Fee Loans
The Tuition Fee Loan covers the fees you’re charged each year of your course and paid directly to the College. To qualify for a Tuition Fee Loan your part-time course needs to be at least 25 per cent of an equivalent full-time course each year (eg four years instead of one year full time). For more information please refer to our Higher Education Financial Support leaflet or contact a member of the Student Support team.
Maintenance Loans for Living costs
Full-time students can apply for a Maintenance Loan to help with living costs. Maintenance Loans are paid into your bank account at the start of each term. Part-time students can’t apply for a Maintenance Loan. The exact amount full-time students can borrow depends on:
- your family’s income
- where you live
- what year of study you’re in
- what help you get through the Maintenance Grant
Full-time students can also apply for a Maintenance Grant to help with living costs. Maintenance Grants are available to students whose household income is £42,600 or less. Your household income is your parents’ or partner’s income and your own.
For more information about the amount you can borrow, and interest and repayment rates, visit www.gov.uk/studentfinance or speak to a member of the Student Support team on 01293 442 372 and 01293 453 436.