Pupils located in England can put on for an educatonal loan to the price of any one of our undergraduate or courses that are postgraduate.
Students in England
Student education loans arenвЂ™t according to home income, though there are some conditions that are important need certainly to fulfill.
For undergraduate student education loans you need to:
For postgraduate student education loans you should be:
You wonвЂ™t be capable of geting a postgraduate loan if:
Modify for EU, other EEA and nationals that are swiss
The united kingdom federal federal government announced on 23 June 2020 that EU, other EEA and Swiss nationals will not qualify for undergraduate and postgraduate loans from scholar Finance England for courses beginning when you look at the year that is academic вЂ“ 2022. Please be aware that this does not affect pupils beginning their program into the year that is academic вЂ“ 2021 who can qualify for a student loan within the whole length of these course. To find out more please visit pupil Support in England.
For several student education loans:
Generally, youвЂ™ll only get student finance if youвЂ™re doing all of your first advanced schooling qualification at each and every degree. Nevertheless, you could still obtain it you leave your course but decide to start again, youвЂ™re вЂtopping upвЂ™ a higher education qualification, e.g if you change course. youвЂ™ve completed an HNC, HND or foundation degree and today might like to do an honours degree.
Not yes whether you qualify? Complete our pupil finance eligibility checker to discover.
If youвЂ™re a resident of England, discover more about undergraduate loans and loans that are postgraduate.
Pupils in Northern Ireland
Residents of Northern Ireland meet the criteria to make use of for approximately ВЈ3,296.25 undergraduate tuition charge loan into the 2020 вЂ“ 2021 educational 12 months. You may additionally be eligible for grant money that could lessen the quantity of loan you need to repay. Connect with Scholar Finance Northern Ireland (SFNI).
Students in Scotland
Residents of Scotland cannot claim capital for the courses.
Besides the criteria above, when you look at the 2020 вЂ“ 2021 year that is academic maybe you are qualified to receive assistance towards the price of your undergraduate tuition charges if:
Besides the criteria above, you may qualify for assistance towards the price of your postgraduate tuition fees if:
You might like to be qualified if youвЂ™re:
You can easily just make an application for a Maintenance Loan as a distance learning pupil if you canвЂ™t go to your program in individual as a result of a impairment. If youвЂ™d like to find out more, contact us on +44 (0) 1206 489 358.
If you finance your course employing a government-backed education loan from Student Finance England then youвЂ™ll be due to start out repaying your loan during your employerвЂ™s spend while you Earn (PAYE) system.
YouвЂ™ll start repayment into the April four years following the start of your course or even the April once you leave your course вЂ“ whichever comes first.
Nevertheless, youвЂ™ll only begin making repayments if youвЂ™re in work along with your earnings is much a lot more than ВЈ21,000 per year (for postgraduate loans) or ВЈ25,000 (for undergraduate loans) and any balance that is outstanding be written off after three decades.
Your repayments that are monthly be according to your earnings, maybe perhaps not just how much you lent. For undergraduate student education loans, youвЂ™ll pay just right back 9% of every earnings above ВЈ25,000. And for postgraduate student education loans, youвЂ™ll pay that is only 6% of every earnings above ВЈ21,000.
You will pay back both at the same time (if your income is above ВЈ25,000) if you have both an undergraduate and a postgraduate student loan,.
Addititionally there is no charge on graduates who want to repay their tuition cost loans early.
If youвЂ™re a resident of some other national nation, your payment routine will change.
Trying to get a tuition cost loan
Contact us on +44 (0) 1206 489 358 and our expert pupil finance group shall show you throughout your application.
Please be aware, all of us can counsel you in your eligibility while the education loan procedure nevertheless the decision that is final your cost loan is supposed to be created by the figuratively speaking Company.
Your loan has to be authorized because of the Student Loans Company ahead of the course begin date.