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Financial Support Graduate Entry Medicine Amanda James 01 May 2012.

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Presentation on theme: "Financial Support Graduate Entry Medicine Amanda James 01 May 2012."— Presentation transcript:

1 Financial Support Graduate Entry Medicine Amanda James 01 May 2012

2 © Imperial College LondonPage 2 Year 1: Tuition Fees  All full-time UK and EU undergraduate students charged £9,000 in 2012-13  Students will have to fund £3,465  Loan from SLC for difference, £5,535  College accepts payment in 2 instalments www.imperial.ac.uk/registry/finance

3 © Imperial College LondonPage 3 Year 1: SLC Loan for living costs  Away from home: Maximum £7,675  At home: Maximum £4,375  65% is non-means tested = £4,988  35% and additional allowances – subject to means testing

4 © Imperial College LondonPage 4 Year 1: Grants and allowances Means tested  Adult Dependant’s Grant  Childcare Grant  Parents’ Learning Allowance Non means tested  Disabled Students Allowance

5 © Imperial College LondonPage 5 Years 2 - 4: Tuition Fees  £3375 paid by NHS grant  £5,625 non means tested loan from SLC  Available to UK and EU students  Both paid directly to the College for student

6 © Imperial College LondonPage 6 Years 2 - 4: NHS Support New for 2012 entry:  Non means tested grant £1000  Fully means tested bursary: Maximum £5,640

7 © Imperial College LondonPage 7 Years 2 - 4: NHS Additional Allowances  Means tested - Adult and Child Dependants Allowances - Childcare Allowance - Parent Learning Allowance - Two Homes Grant  Non-means tested - Disabled Student Allowance

8 © Imperial College LondonPage 8 Years 2 - 4: SLC Loan  Full Year: Maximum £3,263  Final Year: Maximum £2,498  Non-means tested  Fixed amount

9 © Imperial College LondonPage 9 EU Students  Year 1: student pays £3,465; SLC loan of £5,535 available  Years 2 - 4: £3,465 paid by the NHS; SLC loan of £5,355 available  NHS Tuition Fee support does not have to be repaid

10 EU Students Note: EU students resident in the UK for 3 years prior to start of course may be eligible for funding – check with Student Finance England International Students There is currently no statutory support from the UK government for overseas students. © Imperial College LondonPage 10

11 Money from Imperial College Hardship Fund  College money to help International and EU students experiencing financial difficulties  Can help with on going living costs or emergency, one-off payments  Cannot assist with tuition fees  Non-repayable © Imperial College LondonPage 11

12 © Imperial College LondonPage 12 Money from Imperial Access to Learning Fund  Govt money given to Universities to help students experiencing financial difficulties  Can help with on going living costs or emergency, one-off payments  Cannot assist with tuition fees  Non-repayable

13 © Imperial College LondonPage 13 Other sources of help  Useful funding guide/budgeting tips: www.money4medstudents.org  Grant awarding trusts and charities: www.freewebs.com/graduatemedicine  Private educational loans: www.bma.org.uk

14 © Imperial College LondonPage 14 Further information  Students from England: www.direct.gov.uk/studentfinance www.nhsbsa.nhs.uk/students  Students from Wales: www.studentfinancewales.co.uk www.nliah.wales.nhs.uk

15 © Imperial College LondonPage 15 Further information  Students from Scotland: www.saas.gov.uk  Students from Northern Ireland: www.studentfinanceni.co.uk  EU students: www.direct.gov.uk

16 © Imperial College LondonPage 16 Advice at Imperial  Student Financial Support: Registry Amanda James Student Financial Support Officer E: amanda.james@imperial.ac.uk T: 020 7594 8130


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