Do your sums before you head off

Going to University can be an expensive time, make sure you've done your sums before you set off.

There are two main costs to think about when it comes to University: tuition fees and living costs. Tuition feed can cost up to £9,000 a year with living costs adding up to around an additional £10,000 each year. But that doesn't mean that you have to leave University loaded with debt. Here's some of the support and loans available to you. 

Loans and grants

Tuition fees

Eligible students won’t have to pay tuition fees up front. A tuition fee loan of up to £9,000 is available to cover your fees and you won’t have to pay this back until you’re earning over £21,000 a year. Repayments are manageable and you only repay 9% of everything you earn annually above £21,000 – this means that if you earn £22,000 you pay just £90 a year – that’s £7.50 a month!

Maintenance loans: You can also take out a loan to cover your living costs. The amount you are able to borrow depends on your parent’s income but you could get up to £8,009.

 Maintenance grants: If your parent’s income is under £42,620, you would also be eligible to a grant of £3,387. As this is a grant, you don’t need to pay this back – unless you leave your course early.

When to apply

You don’t have to wait until your place has been confirmed to apply. And you can apply up to nine months after you start University.

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