50 Park Place, Cathays Park Campus 2nd Floor, Cardigan House, Heath Park Campus Student Funding 2010/11 entrants

How will I fund my time at university?  Student Loan  Tuition Fee Loan  Grants  Additional Funding  Budgeting

Key Welsh students English students Scottish students Northern Irish EU Students

Variable Tuition Fees  Annual Flexible fee is £3,290 for 2010/11  Tuition Fee Loan available to all students to pay for fees – paid direct to University  Student repays after finishing their course

Living costs Maintenance LoanMaintenance Grant/ Assembly Learning Grant (ALG)  Amount depends on household income  Paid in 3 instalments  Has to be repaid  Amount depends on household income  Paid in 3 instalments  Non repayable

Changes 2010 Entrants Loans and Grants continue Increase max ALG to £5000 offset by loan to reduce indebtedness Tuition fee grant only for continuing students or… Gap year ? If place confirmed in writing by 1 st August 2009 remain in cohort

Figures for 2010 Entrants Household Income Assembly Learning Grant – Max grant £5000 Maintenance Loan – Max loan £4745 Total each year Up to £18,370£5000£1901£6901 £18,371 - £25,000 £ £3242£ £6901- £6042 £25,001 - £34,000 £ £1106£ £4082£6042- £5188 £34,001 - £50,788+ £1106- £0£ £4745£ £4745

Household Income Maintenance Grant – Max grant £2906 Maintenance Loan – Max loan £4950 Total Each year Up to £25,000£2906£3497£6403 Between £25,001 - £34,000 £ £1106£ £4397£6403-£5503 Between £34,001 - £50,020 £ £50£ £4925£5503-£4975 Between £50, ,708+ £0£ £3564 Figures for 2010 Entrants

Additional Funding Available in addition to loan/grant Depends on student’s circumstances Non repayable DependentsDisability/Dyslexia Children/ AdultsExtra costs of study Means-testedNon means-tested

Applying for student funding  Form PN1  Download forms or apply online:  When? Awaiting date (around Dec 2009). Check above websites for news nearer the time

Repaying your student loans  Tuition fee & Maintenance loan repaid together  Once earning over £15,000  Repayment holiday up to 2 years  £1500 debt write off (10 -11entrants)  Interest rate linked to inflation Earnings per yearRepayment per month £18,000£22 £24,000£67

Cardiff University Bursaries Based on household income N.B Figs Household incomeBursary each year* Under £25,000£1050 £25,001- £39,300£500 Over £39,301£0

Cardiff University Scholarships  £3,000 paid over length of degree  Based on academic merit  Check on web if department offers Scholarships  Automatically considered  Make Cardiff your firm choice (check web for cut off date when applying)

Additional help from Student Support  Financial Contingency Fund  Care Leavers  Emergency Loans  Educational grants and Trusts

Student Budget OUT GOING MONEYINCOMING MONEY Hall–SC en-suite£1005Maint Loan£668 Food£450ALG£1523 Toiletries/laundry£45Bursary£350 Books/course£117 Travel (inc. travel home) £90 Telephone£79 Social/leisure£330 Clothes£75 TV License£47.50 Total£2,238.50Total£2,541 Average Termly incomings & outgoings for student in Halls Sept – June

How much will I have left per week? Incoming money Outgoing money £2541 per term £2238 per term Total left£303 per term £303 divided by 12 weeks = £25.25 spare P/W Minus Figures taken from a Welsh household with an annual household income of £20,000 Student funding figures from 2010/11

Useful web addresses

Contact us 50 Park Place, Cathays Park Campus nd Floor, Cardigan House, Heath Park Campus