2 minute read
Government financial support Wales
FOR FULL-TIME UNDERGRADUATE STUDY*
Tuition Fee loans
Tuition Fees for full-time UK students starting undergraduate courses in September 2021 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. This figure is index linked and likely to increase year on year. • 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 £10,350 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 2021/22 (Student living away from home)
HOUSEHOLD INCOME** WGLG LIVING COST LOAN TOTAL FOR LIVING COSTS
Up to £18,370 £20,000 £25,000 £30,000 £35,000 £40,000 £45,000 £50,000 £55,000 £59,200 or more £8,100 £7,817 £6,947 £6,078 £5,208 £4,339 £3,469 £2,600 £1,730 £1,000 £2.250 £2,533 £3,403 £4,272 £5,142 £6,011 £6,881 £7,750 £8,620 £9,350 £10,350 £10,350 £10,350 £10,350 £10,350 £10,350 £10,350 £10,350 £10,350 £10,350
* subject to eligibility criteria. Please see www.gov.uk/student-finance ** Assessment is based on income for the 2019/20 tax year
Students from Wales can use the Student Fund Calculator on www.studentfinancewales.co.uk to estimate loans, grants and extra student funding.
Additional support available • Help with the cost of childcare and other financial support for parents. • Financial help for students with an adult who depends on them financially. • Grants for students with a disability to help with extra costs.
How to apply • For more information and how to apply online, please visit www.studentfinancewales.co.uk.
Applications will open from early 2022. Apply by the end of May 2022 to ensure you receive your loan payments in September.
FOR PART-TIME UNDERGRADUATE STUDY*
Please visit the Student Finance Wales website for further information regarding funding for part-time study.
