1. Money Matters

2. Student Finance: Key Facts No one has to pay anything up front to come to University Loans are available to cover Tuition Fees and Living Costs You only start to repay your loans after you have graduated And… Only once you have started to earn over £21,000 per year

3. So how does it work? You receive a loan to pay your Tuition Fees - £9000 per year in 2012 You also receive a loan to cover your living costs These are both repayable: However there is also free money available that you don’t have to repay There is a grant from the Government If you get this and how much depends on your family's income There is also a University of Sheffield Bursary…

4. The University of Sheffield Bursary The Bursary is more free money, but from this University if you choose us. Based on ‘Household Income’, your postcode and if you are from a Care Background.

5. Lets have a look at what you could get Loan, Grant & Bursary Chart for 2012-13 Repayable financial support Free money – yours to keep Living cost total Assessed Household Income (£) Living Cost Loan (£) (Living at Home) Living Cost Grant (£) University Bursary (£) Living Cost Total (£) (Living at Home) Tuition Fee Loan (£) 18000* 3875 (2750) 32501400 8525 (7400) 9000 25000 3875 (2750) 32501100 8225 (7100) 9000 30000 4330 (3205) 2341750 7421 (6296) 9000 35000 4784 (3659) 1432600 6816 (5691) 9000 40000 5239 (4114) 523500 6262 (5137) 9000 42000 5420 (4295) 160500 6080 (4955) 9000 50000 4788 (3663) 00 4788 (3663) 9000 600003788 (2843) 00 3788 (2843) 9000

6. 04/10/2015 Loans - how they work You start repaying your Student Loan (tuition and living cost loans) – Repayments start in April after you have finished your course – Only once you are earning over £21,000 per year. Repayments are taken directly from your wages (like Income Tax) Interest is linked with inflation. Any loan remaining after 30 years will be written off

7. Disabled Students Allowance (DSA) DSAs are to help students with the extra costs incurred as a result of disability - Not dependant upon income. Undergraduate students: Specialist Equipment Non Medical Helpers Other Expenditure Travel

8. Part Time Work Opportunities Not only will a part-time job or vacation work give you extra cash, it will also give you invaluable experience and confidence. The Student Jobshop can help you find part time work during term time, vacations and for your a year out on placement. The University is a regular employer of students too!

9. Scholarships http://www.scholarship-search.org.uk

10. Is it worth it? It’s up to you to decide this Decide on what’s best for what you want to do Remember you don’t have to pay anything up front And Finally… an average graduate earns £12,000 per year more than a non graduate – (ONS 2011)

11. 04/10/2015 © The University of Sheffield / Department of Marketing and Communications Finally…three things to remember A pply for all you can www.direct.gov.uk/studentfinance B udget realistically www.sheffield.ac.uk/moneytools C ontact us if you get into difficulty financialhelp@sheffield.ac.uk advice@sheffield.ac.uk

12. 04/10/2015 © The University of Sheffield / Department of Marketing and Communications @UoSMoneyMatters moneysavingexpert.com

13. Thank you & Are there any questions? 04/10/2015 © The University of Sheffield / Department of Marketing and Communications