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Financial Support Graduate Entry Medicine Amanda James 01 May 2012
© 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
© 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
© 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
© 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
© 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
© 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
© Imperial College LondonPage 8 Years 2 - 4: SLC Loan Full Year: Maximum £3,263 Final Year: Maximum £2,498 Non-means tested Fixed amount
© 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
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
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
© 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
© 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
© 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
© 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
© Imperial College LondonPage 16 Advice at Imperial Student Financial Support: Registry Amanda James Student Financial Support Officer E: firstname.lastname@example.org T: 020 7594 8130
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