1. Student Finance York St John University | www.yorksj.ac.uk

2. You do not pay tuition fees up front You need to be earning at least £21,000 a year before you start paying back Repayments are from as little as £4.00 a month Graduate employment rates remain high (91.7% within six months of graduation) Government figures are subject to parliamentary approval (4 th November 2013) York St John University | www.yorksj.ac.uk Key Facts

3. Fees – Amount charged to study on the course. Generally apply to all undergraduate degrees with some exceptions for health courses. Paid per year of study Loans – Taken out to cover tuition fees and living costs. Need to be paid back gradually once earning a certain amount Grants – Money from the government which doesn’t have to be paid back. Amount received generally dependent upon income Living costs – Food, accommodation, bills, course costs etc. Interest – The fee charged to you for the use of borrowed money Residual household income? This is effectively the household income BEFORE tax and AFTER any pension contributions or allowances for dependant children. York St John University | www.yorksj.ac.uk Key words

4. Annual Tuition Fees for 2014 - £9,000 (including PGCE) Accommodation – approx. £4,000-£7,000 Pay termly, in advance, by cheque or direct debit Living Expenses – approx. £4,000 (but varies!) Food, books, course costs, clothes, laundry, entertainment, travel home York St John University | www.yorksj.ac.uk How much will it cost to go to university?

5. Tuition Fees Do not have to pay up front or whilst studying Tuition Fee Loan available from the Student Loans Company Loan also available for eligible part-time, first-degree students who complete minimum of 25% of full time course load p/a (including part- time PGCE) Some exemptions to fees– NHS courses e.g. Physiotherapy and Occupational Therapy York St John University | www.yorksj.ac.uk Financial help is available

6. York St John University | www.yorksj.ac.uk Financial help available from York St John Fee Waivers and Scholarships In 2014/15 YSJ will offer three different types of fee waivers to students who meet the required criterion. YSJ Fee Waiver - unlimited number of the fee waivers to all undergraduate students whose residual family income falls within the thresholds below and are paying £9,000. Eligibility will be reviewed annually. Residual annual family incomeFee Waiver per annum for 2014/2015 onwards Below £10,000£3,000 £10,000 - £19,999£2,000 £20,000 - £42,620£1,000

7. York St John University | www.yorksj.ac.uk Financial help available from York St John National Scholarship Programme (NSP) Fee Waiver - English students paying fees of £9,000 with residual household income below £25,000 may also be eligible for one of the 302 (provisional amount) NSP Fee Waivers. These provide a £3,000 fee waiver for one year of study, to first year undergraduate students based on a range of background criteria. YSJ Entry Scholarships- 150 students will receive a fee waiver of £2,000 and a bursary of £1,000 for the first year of their course in recognition of outstanding academic achievement. The scholarship is only available to home students studying a first degree which is HEFCE funded (excludes NHS) and who gained ABB+ or equivalent on entry to York St John University. SPARK Scholarships

8. Living Cost Loan Available for all eligible full-time students (including full time PGCE) Not available for part-time students (including part-time PGCE) All students are eligible for 65% of the loan, further 35% is means- tested on residual household income In 2013/14 the maximum annual loan available if you live with your parents will be £4,418, if you live away from home £5,555 York St John University | www.yorksj.ac.uk Financial help is available

9. Living Cost Grant for full-time students: The amount of the grant is dependant on residual household income Available for eligible full-time students (including full time PGCE) Not available for part-time students (including part-time PGCE) This help does not have to be repaid Maximum grant available of £3,387 if your residual household income below £25,000 Partial grant if residual household income is up to £42,620 Apply for all funding via www.gov.uk/studentfinancewww.gov.uk/studentfinance York St John University | www.yorksj.ac.uk Financial help is available

11. Tuition Fees for NHS Courses Students on NHS funded courses do not pay tuition fees. The NHS meet the full cost of tuition fees. NHS Grant Available for all eligible full-time NHS students Non means-tested Maximum amount available £1,000 Once you have a place on an NHS funded course you will receive a text/email from the NHS in the summertime on how to apply online NHS Funding

12. NHS Bursary Available for eligible full-time NHS students Non-repayable Maximum amount available £5,460 The amount of bursary you can get depends on : –Where you live –Where you study –Whether you live with your parents –The number of weeks you study each year –Household income Paid over 12 months Once you have a place on an NHS funded course you will need to register for an account and then make your application via the website below: https://myaccount.nhsbsa.nhs.uk/Pages/Login.aspx NHS Funding For more information- www.nhsbsa.nhs.ukwww.nhsbsa.nhs.uk

13. Extra Allowances NHS Funding On-line calculator-www.nhsbsa.nhs.ukwww.nhsbsa.nhs.uk Extra weeks AllowanceDependants AllowanceParents Learning AllowanceChildcare AllowancePractice Placement AllowanceDisabled Students Allowance

14. Living Cost Loan Available for all eligible full-time NHS students In 2013/14 the maximum annual loan available £2,324 (final year loan rate £1,811) Apply on a online application via www.gov.uk/studentfinancewww.gov.uk/studentfinance Paid in three instalments at the beginning of each term York St John University | www.yorksj.ac.uk Financial help is available

15. Repayment starts once you leave university and are earning over £21,000 per annum Repayments are 9% of income above £21,000 Written off after 30 years Repayment of loans

16. York St John University | www.yorksj.ac.uk Interest During study until entering repayment Interest rate is: Retail Price Index (RPI) +3% Income: Below £21,000 Interest rate is: RPI Only Income Between: £21,000 - £41,000 RPI plus some amount between 0% and 3% Income: Above £41,000 Interest rate is: Retail Price Index (RPI) +3%

17. York St John University | www.yorksj.ac.uk Budgeting

18. Will be your biggest spend Be realistic Do you NEED an en-suite Think before you buy non-essentials to fill your room! What is included? TV licence? Sharing your flat / sharing the cost Visit the accommodation Check contracts from private landlords York St John University | www.yorksj.ac.uk Accommodation

19. Open a student bank account What freebies do you get? Check for charges Overdraft o Amount the bank will let you spend without incurring a penalty over and above what you have in your account. May be £500- £2000 per year Interest o If you spend more money than is in your account you’ll be charged interest by the bank for going overdrawn Only buy with cash Store Cards/Credit Cards – NO o Keep away if possible o Check the interest rate o Keep up with repayments York St John University | www.yorksj.ac.uk Your money

20. Return library books on time Be careful of what you print Bought second hand books or shared o Amazon marketplace, Oxfam Buy a bike – cars are bad for your pocket and the environment Equipment costs /extra course costs University

21. Limit nights out - alternate with a night in Be creative – host x-factor nights, Karaoke to save money Watch out for discounts o NUS Card o Promotions Fresher's Fair Societies and Clubs cost money Buy your fancy dress now York St John University | www.yorksj.ac.uk Students Union

22. What if it doesn’t add up? Spend time making a budget planner – be realistic Part-time jobs o transfer employment o jobs at the university Work and save now Speak up! York St John University | www.yorksj.ac.uk Top Tips

23. Contacts Student Funding Advice Team 01904 876939 fundingadvice@yorksj.ac.uk Useful websites www.yorksj.ac.uk www.gov.uk/studentfinance www.nhsbsa.nhs.uk www.studentloanrepayment.co.uk www.studentfinanceengland.co.uk York St John University | www.yorksj.ac.uk