UPSU: Advice Guide to Student Finance (Continuing Students)

Guide to:

Student Finance

(for Continuing Students)

£9k fees or £3465?

Students who are Subject to £9k Tuition Fees The rules about student finance are complicated and the following is only a summary. For more detailed and personalised information phone call in to or e-mail the Advice Centre. Eligible students are entitled to help to finance their studies.

Bursary. There is also the opportunity to top up your funds with part-time work or to apply to the Access to Learning Fund for an award or short term loan. Your funding for Tuition Fees is covered by the Tuition Fees Loan.

Maintenance Loan The maximum amounts are as follows:Living at home in Plymouth

£4418

Living away from parental home in The amount of funding you are entitled to Plymouth £5555 is dependent on various factors:- Whether you live at home or independently - Whether you study in London or elsewhere in the UK - Your household income and personal situation - Your funding for your living costs is provided by the Maintenance Loan; Maintenance Grant and Institutional

72% of the loan is non means tested.

You can get it regardless of household income.

28% of the loan is means tested and dependent on household income.

THIS PART OF YOUR FUNDING IS REPAYABLE.

Maintenance Grant Means tested on household income.

Household income £25000 or less

Full £3387 Grant

Between £25001 +£50706

Partial Grant depending on household income More than £50706

No Grant

The amount of Maintenance Grant you receive will affect the amount of Maintenance Loan you can borrow. The Maintenance Loan is reduced by 50p for every £1 of Maintenance Grant you are entitled to.

THIS PART OF YOUR FUNDING IS NON-REPAYABLE.

Special Support Grant Replaces the Maintenance Grant for people who, as full time students, can claim income-related benefits, for example lone parents and disabled

students amongst others.

As with the Maintenance Grant the maximum amount you can receive is £3387 where household income is less than £25000 and then a partial grant on a sliding scale up to a household income of £50706 after which no Special Support Grant is payable.

Unlike the Maintenance Grant the amount of Special Support Grant you receive does not reduce the amount of Maintenance Loan you can borrow.

THIS PART OF YOUR FUNDING IS NON-REPAYABLE.

Tuition Fee Loan This is an amount to cover the fee you are charged for your course. It will be paid direct to the university THIS PART OF YOUR FUNDING IS REPAYABLE.

If you started your course after September 2009 but before September 2012 then you may get the following amounts:

Maintenance Loan: Living at home with parents

£3876

If you started your course before September 2009 then you may get the following amounts:

Maintenance Loan: Living at home with parents

£4792

Living in Plymouth but outside of parental Living in Plymouth but outside of parental home home

£5000

£4792

Maintenance Grant:

Maintenance Grant:

Maximum of £3110

Maximum of £3110

Financial Support Fund Opening Hours This fund is administered by the Student Funding Unit and is open to any full or part time HOME undergraduate or postgraduate including NHS students and Plymouth based students of the Peninsula Medical School subject to tuition feed of ÂŁ3465.

It is a hardship fund provided by the government for universities to give those who are in financial hardship after applying for all other sources of funding and you MUST have applied for all other funding to which you are entitled Awards are discretionary and, if given, are non repayable.

For more information contact the Student Funding Unit in the Isaac Foot building: 01752 587680 or visit: https://www5.plymouth.ac.uk/coursesand-study/fees

Term Time:

Monday 9:30 - 5:00 Tuesday 9:30 - 5:00 Wednesday 9:30 - 5:00 Thursday 9:30 - 5:00 Friday 9:30 - 4:30

Vacation Time:

Monday 10:00 - 4:00 Tuesday 10:00 - 4:00 Wednesday 10:00 - 4:00 Thursday 10:00 - 4:00 Friday 10:00 - 4:00