Higher Education is a fantastic
investment so don’t be put off by the cost. The system is designed
so that students from the UK and EU, studying full-time for their
first degree or other higher education course will not have to pay
anything while they study. In addition graduates will not make a
contribution towards the repayment of their tuition costs until
they are earning at least £21,000 per year.
The latest information relating to the
funding you are able to apply for through your funding body can be
found on the Student Finance England (SFE) website
The Student Funding Advice Team’s Top Tips
Apply on time – applications for university funding
usually open at the beginning of the calendar year in which you are
due to start. Apply as soon as possible to make sure your funding
is in place when you start.
Do your research – take the time to research and
read as much as you can to ensure you get the student funding you
are entitled to. Don’t presume you will receive the same as a
friend as everyone’s circumstances are different when it comes to
Put together a budget - it’s important that you try
to calculate how much attending university will cost you. A free
online calculator is a great place to start: www.studentcalculator.org.uk as
it helps you see what you may be entitled to and how much
university can actually cost.
Start saving – it is unlikely that your funding
package will cover all living costs so it is important that you
begin saving now. Just putting a little away each week/month will
really help when you get to university.
Here are some ways you can become
Work during the summer – full-time work can help
towards funding your studies and can often mean you have to work
less while you are studying.
Part-time work while studying – we have a Job Shop
which can help you find vacancies so you can earn while you learn.
It can also build your skills and experiences which will help you
get a job when you graduate. The NUS advises that students should
not work more than 18 hours per week.
Voluntary work – may not provide you with money
straight away but can lead to other opportunities and it is
Interest free overdrafts – many students are
entitled to an interest free overdraft and this can provide a
buffer if things get tight. Shop around different banks for the
best value overdraft, don’t simply choose the one that offers you
the best free gift.
Ask for help – we know how confusing some of this
can be and we are here to help, so please visit our webpages
regularly and for any other questions, please do not hesitate to
contact us. We are here to help you now and all throughout your
T: 01904 876939
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