Student Finance Booklet

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GOVERNMENT FINANCIAL SUPPORT FOR STUDENTS NORMALLY RESIDENT IN WALES FOR FULL-TIME UNDERGRADUATE STUDY* Tuition Fee loans Tuition Fees for full-time UK students starting undergraduate courses in September 2022 will be £9,250

• Students do not need to pay for their course upfront. • Students can apply for a loan to cover the cost of their tuition fees. Repayments start when the student has finished their course and is earning over £27,295.

• Students need to re-apply for their funding each year. Welsh Government Learning Grant

• Available to help with living costs such as food, accommodation and travel. • A Welsh Government Learning Grant of at least £1,000 is available to all students*; Maximum grant is £8,100 if household income is £18,370 or less;

• This grant does not need to be re-paid Loans for Living Costs

A loan for living costs will be available in addition to the Welsh Learning Grant so that you have a maximum of £10,710 to help with living costs if you are living away from home. The Living Cost loan and Welsh Government Learning Grant are normally paid in three equal instalments over the academic year.

Annual package of support 2022/23 (Student living away from home) HOUSEHOLD INCOME**

WGLG

LIVING COST LOAN

TOTAL FOR LIVING COSTS

Up to £18,370

£8,100

£2,610

£10,710

£20,000

£7,817

£2,893

£10,710

£25,000

£6,947

£3,763

£10,710

£30,000

£6,078

£4,632

£10,710

£35,000

£5,208

£5,502

£10,710

£40,000

£4,339

£6,371

£10,710

£45,000

£3,469

£7,241

£10,710

£50,000

£2,600

£8,110

£10,710

£55,000

£1,730

£8,980

£10,710

£59,200 or more

£1,000

£9,710

£10,710

* subject to eligibility criteria. Please see www.gov.uk/student-finance ** Assessment is based on income for the 2020/21 tax year Students from Wales can use the Student Fund Calculator on www.studentfinancewales.co.uk to estimate loans, grants and extra student funding.


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