1. £ 12_13 2012/13 Student Finance explained

2. 12_13 12/13 Financing your future Thinking about what you are going to study and how you are going to pay for it? Student Finance England is here to help and can offer you financial support when you need it most – during your studies.

3. 12_13 12/13 Student Finance explained The main types of finance are grants and bursaries (which don’t have to be paid back) and loans (which do).

4. 12_13 12/13 What student finance is available? Tuition Fee Loan Maintenance Grant or Special Support Grant Maintenance Loan Extra support if you have special circumstances – Children / adult dependants, disability, mental health condition, learning difficulty Part-time Other Support – Bursaries & Scholarships

5. 12_13 12/13 What is a Tuition Fee Loan? Helps with cost of tuition fees (max. £9,000) Repayable Does not depend on your household income Students need to check how much university or college will charge

6. 12_13 12/13 What is a Maintenance Grant? Helps with living costs (Max. £3,250) Non-repayable Depends on household income Reduces Maintenance Loan entitlement

7. 12_13 12/13 Paid instead of Maintenance Grant for some students Non-repayable Depends on household income Does not reduce amount of Maintenance Loan What is a Special Support Grant?

8. 12_13 12/13 What is a Maintenance Loan? Helps with living costs Repayable Amount you get depends on –household income –where you live when you are studying –year of course

9. 12_13 12/13 How much Maintenance Loan can you get? All eligible students can apply for this Depending on household income you could also get up to Max. Loan Living in parents home £2,843£1,532£4,375 Studying outside of London and not living with parents £3,575£1,925£5,500 Studying in London and not living with parents £4,988£2,687£7,675 Living and studying abroad for at least one academic term £4,247£2,288£6,535

10. 12_13 12/13 Can I get student finance? You have to meet three main conditions: Personally eligible Your course Your university or college

11. 12_13 12/13 Extra support Extra support is available for students in special circumstances –students with a disability –with dependants

12. 12_13 12/13 Any other support available? University and college bursaries and scholarships National Scholarship Programme Certain courses attract their own funding –NHS –Social Work courses

13. 12_13 12/13 Studying part-time? Tuition Fee Loan of up to £6,750 Repayable Does not depend on household income Must be studying at least 25% of the equivalent full-time course

14. 12_13 12/13 How do I apply? Apply online at www.direct.gov.uk/studentfinance Apply early – you don’t need confirmed place to apply Apply before 31 May 2012 Applications can be managed online

15. 12_13 12/13 How do I get paid? Register at your university or college – you can’t be paid until you do Your Maintenance Loan and any grants go into your bank account in three installments – one at the start of each term Your Tuition Fee Loan is paid direct to your university or college

16. 12_13 12/13 What about repayment? Repayment begins in April 2016 You don’t repay until your gross earnings are over £21,000 a year, or £1,750 per month You repay 9% of what you earn above £21,000 Your repayments depend on how much you earn – not how much you owe Any loan remaining after 30 years will be written off