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Fees & Funding

Part Time Undergraduate Fees & Funding 2013-14

 

PLEASE NOTE: Information on funding for part-time study for English and 'EU' students starting in 2013/14 on a part-time course is still subject to parliamentary approval and could be subject to change.
 
 

How much will my course cost?

For information on tuition fee costs please visit the Finance Office website.

 

Could I be entitled to Government support towards my fees?

Government changes from September 2012 resulted in new eligible part-time students being able to apply for a government loan to cover their tuition fees. If you are eligible, you can borrow up to £6,750 per year to cover your tuition fees.

To be eligible, you must study a minimum of 25% of the full-time equivalent course. You must also normally live in England, meet all the regulations to qualify for student finance and be studying for your first degree.

Source: www.gov.uk/studentfinance

 

Could I be entitled to Government support towards my living cost?

Unfortunately, part-time students cannot apply for a Maintenance Grant or Maintenance Loan towards their living costs.

Source: www.gov.uk/studentfinance

 

How do I apply for the Tuition Fee Loan?

IMPORTANT: We do advise that you apply for your Tuition Fee Loan as soon as possible so that your loan will be fully processed by your funding body ie  Student Finance England and be in place by the time you start your course or early in your first semester.

The Student Finance England part-time Tuition Fee Loan service for academic year 2013/14 is now open.

New part-time students who wish to apply for a part-time Tuition Fee Loan in AY 2013/14 should apply online at www.gov.uk/studentfinance.

 

EU Students

New EU part-time Tuition Fee Loan students can apply from 28 April, 2013, by completing a paper application form available to download from www.gov.uk/studentfinance.

 

Is there any support towards childcare available?

Unfortunately not.  There is however a Nursery onsite that does offer a 10% discount to all eligible students http://www.knurseries.com/

 

When do I start repaying my tuition fee loan?

You only start to repay your loan from the April four years after your course started - or the April after you leave your studies, whichever is sooner - and then only if you are earning over £21,000 per year.

 

Do I pay interest on my loan?

Yes, you are charged interest on your loan from the day your first payment is made until you pay your loan back in full.

 

How much will I need to repay?

Income each year before tax

Monthly Salary

Monthly repayment

£21,000

£1,750

£0

£24,000

£2,000

£22

£27,000

£2,250

£45

£30,000

£2,500

£67

£33,000

£2,750

£90

£36,000

£3,000

£112

Once you earn over the threshold, you will pay 9% on everything you earn over this amount. If your income drops below £21,000, all repayments will automatically stop.

Information relating to Student Loans.

 

If you're still feeling confused...

We're always here to help! Just contact the Student Funding Advice Team

T: 01904 876939
E: fundingadvice@yorksj.ac.uk