Find out how much money you can get from Student Finance from financial support including; Tuition Fee Loans, Student Loans and Maintenance Loans.
Tuition Fee Loans
Tuition fees are the money that your university or college charges you for the course. This loan is not meant for living costs or to use on books. It is to pay the set amount that the university or college charges all students to join it.
Most colleges and universities charge £9,250 each year after the 2012 increase. This applies to UK and EU full-time students but is higher for international students.
Student finance will pay the money straight to your institution. It will not go into your bank account first.
Tuition fee loans will be enough to cover the fee for each year. If you study full time at a public university or college, student finance will lend you the full amount of £9,250.
If you go full time to a private college or university, it will give you £6,165 to help with the fees.
Part time students receive less of a tuition fee loan, because their fees are lower for the year. For a public university or institution, you will get £6,165 or £4,625 if it is private. Your course must be at least 25% of a full-time course in one year.
Maintenance loans help with your living costs while at university or college. This can be anything like rent, food, utility bills or books.
The amount you get depends on your household income, where you’re studying and if you live at home or not.
This is different than the tuition fee loan because it goes to your bank account first. It doesn’t go straight to your university or college.
For new applications, the most you can get are:
- If you live at home – £7,324
- If you live at university/college in London – £8,700
- If you live at university/college outside of London – £11,354
- You are going abroad for some of your course – £9,963
Remember, this is the most you can get. The amount you receive will depend on your household income. The more household income you have, the less you will receive in a maintenance loan.
The amount you’ll get is different if you have already started your course before August 2016. This is because you will also be eligible to receive maintenance grants. You aren’t eligible for maintenance grants if you started your course after 2016.
If you started your course before August 2016, the most you can get is:
- If you live at home – £4,960
- If you live at university/college in London – £8,702
- If you live at university/college outside of London – £6,236
- You are going abroad for some of your course – £7,410
The government used to offer maintenance grants to students. Any student who started their course before August 2016 is eligible. These grants helped with living costs like rent and food.
Maintenance loans are higher now for new students because there are no grants.
There are also other sources of support which we’ve explained below. These can help you if you need extra help on top of the basic tuition and maintenance loans.