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Repayments

MAINTENANCE LOAN

In addition to a tuition fee loan, full-time undergraduate students can also apply for a maintenance loan to help cover their living costs. If you are eligible, you can take out a loan for each year of your course. The amount you receive will depend on your household income. This money will be paid into your bank account in three instalments and it is up to you how you budget for your living costs.

REPAYING YOUR STUDENT LOAN

You start paying back your student loans the April after you graduate or leave university, and start earning £26,575* or above. Repayments are based on a percentage of your salary, not how much you have borrowed from the Student Loans Company.

Examples of repayment

Annual salary Monthly repayment £26,000 0 £30,000 £25.68 £35,000 £63.18 £40,000 £100.68 £50,000 £175.68 £60,000 £250.68

COST OF STUDYING

LJMU is committed to ensuring that students understand the full cost of studying at the University. Your tuition fee will cover or contribute to, as appropriate, expenses associated with your core modules, including: n UK field trips and other educational visits n Student exchanges n Safety equipment, such as lab coats and goggles n Uniforms for nurses, paramedics and other professional placements n DBS checks (Disclosure and Barring

Service, formally CRB) n Professional sector regulatory body membership Some programmes may have additional costs not covered by the tuition fee; please see online course information for details:

ljmu.ac.uk/courses

Contact us

0151 231 3153/3154 moneyadvice@ljmu.ac.uk

After 30 years anything you owe on your student

loans is written off*

*Repayment threshold for students normally resident in England and Wales and maybe subject to change.

For the latest information on loans and other funding go to: gov.uk/studentfinance

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