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Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
Student finance 2015
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Student finance 2015

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  • 1. University Finance 2015 Amanda Hall
  • 2. Overview Tuition Fees Student Loans: Tuition Fee Loan Living Cost Loan Government Maintenance Grant Brunel Financial Support
  • 3. Tuition Fees 2015 Fees can be set between £6,000 and £9,000 per year Brunel will charge £9,000 for all UG full-time courses £1,000 for placement year of sandwich course £6,000 (£3,000 fee waiver) for Yr 4 of MEng and MMath courses No upfront fee to pay
  • 4. Student Loans 2015 Tuition Fee Loan To cover the cost of your fees Paid directly to the University Living Cost Loan To cover your day to day living costs The amount you get is means tested on your parents/household income Paid in three instalments in September, January and April into your bank account
  • 5. Living Cost Loan 2015 All eligible students can apply for a loan The amount you receive is means tested on your parents/household income Max annual loan Min annual loan In London (Brunel) £8,009 £5,205 Outside of London £5,740 £3,731 Living at home £4,565 £2,967
  • 6. How do I repay my Student Loans? Through the tax system from April following Graduation Only start repaying once you earn over £21,000 (take 9% of earnings above this) £25,000 salary repay £30 per month £35,000 salary repay £105 per month Loan interest rates: Whilst studying: RPI + 3% Less than £21,000: RPI £21,000 - £41,000: RPI + up to 3% Over £41,000: RPI + 3% The Government will write off any Student Loans that are left unpaid after 30 years
  • 7. Maintenance Grant 2015 Helps with living costs such as food, accommodation and travel Non-repayable Full grant of £3,387 per year if household income is up to £25,000 Partial grant of between £50 and £3,387 per year if household income is between £25,001 and £42,620
  • 8. Living Cost Support 2015 Studying in London (Brunel) Gross Household Income (£) Non-Repayable Grant (£) Living Cost Loan (£) Total Annual Grant and Loan Income (£) 25,000 3,387 6,316 9,703 30,000 2,441 6,789 9,230 35,000 1,494 7,262 8,756 40,000 547 7,736 8,283 42,620 50 7,984 8,034 42,875 0 8,009 8,009 45,000 0 7,788 7,788 50,000 0 7,267 7,267 55,000 0 6,745 6,745 60,000 0 6,224 6,224 65,000 0 5,702 5,702 69,766 0 5,205(+) 5,205 70,000 0 5,205 5,205
  • 9. Additional Support Disabled Students If you have a disability, long-term health condition, mental health condition or specific learning difficulty (e.g. dyslexia) you can apply for: • Disabled Students’ Allowance • Access to Learning Fund • You may also qualify for disability related benefits Students with Children or Dependent Adults You can apply for: • Childcare Grant - full-time students only • Parents’ Learning Allowance - full-time students only • Adult Dependants’ Grant - full-time students only • Access to Learning Fund • Child Tax Credit
  • 10. Brunel Financial Support 2015 Over 300 scholarships are available in 2015 for full time students A range of support is available including: Academic Excellence Scholarships Brunel Bursary Scholarships for Local Students Alumni Scholarship Other Scholarships and Awards include: Placement Scholarship Care Leaver Bursary Sport & Music Awards Urban Scholarships Maths & Engineering Scholarships
  • 11. Brunel Financial Support 2015 Academic Excellence Scholarships Up to 30 students £6,000 cash or fee waiver per year 3 A-levels grades AAA or above IB 35 points or above BTEC Extended Diploma D*D*D* Make Brunel University ‘Firm’ choice through UCAS Complete scholarship application by 31 January 2015 including a personal statement
  • 12. Brunel Financial Support 2015 Brunel Bursary Up to 300 students £3,000 cash over Year 1, 2 and 3 Make Brunel University ‘Firm’ choice through UCAS No application required Household income up to £25,000 and under-represented groups in Higher Education
  • 13. Brunel Financial Support 2015 Scholarships for Local Students Up to 30 students £6,000 cash or fee waiver per year 3 A-levels grades AAA or above IB 35 points or above BTEC Extended Diploma D*D*D* Attend a school/college in local six West London boroughs (Brent, Ealing, Hammersmith & Fulham, Harrow, Hillingdon, Hounslow) Make Brunel University ‘Firm’ choice through UCAS No application required Under-represented groups in Higher Education Top 5 successful candidates for this scholarship will receive £6,000 cash per year from donations by Brunel University Alumni
  • 14. Applying For Government Loans and Grants www.gov.uk/studentfinance from early 2015 For Brunel support www.brunel.ac.uk/ugfunding Deadlines: May 2015 for Government support Check each Brunel Scholarship for details. Take extra money for the start of term Open a student bank account before you arrive
  • 15. Budgeting Part-Time Work Sandwich Courses University Scholarship Living Cost Loan and Grant Personal Savings and Parental Contribution Student Bank Account
  • 16. Monthly Student Expenditure London Area Accommodation On campus £400 - £520 Off campus £350 - £450 Bills £25 Mobile Phone £40 Food £150 Travel £30 Books/Equipment £15 Clothes £50 Hobbies £10 Socialising £100 TOTAL: £850 - £900
  • 17. Why Brunel? Campus Based: everything in one place First-rate teaching Best UK Careers and Placements Service All round student satisfaction www.brunel.ac.uk/ugfunding 01895 267267
  • 18. Social Work Bursaries Undergraduate Social Work students may be eligible for a bursary in years 2 & 3: Help with living costs and tuition fees Doesn’t have to be paid back Non-means tested against your household income Paid in 3 instalments The amount you get depends on: Where you study Whether you study full or part-time The cost of your tuition
  • 19. NHS Funding Full-time NHS students can apply for: Bursary from NHS (to cover the cost of tuition fees) Grant from NHS Maintenance Loan from Student Finance England www.gov.uk/nhs-bursaries
  • 20. NHS Funding NHS bursary depends on: Where you live Your course: NHS funded place on a full time course which leads to professional registration (i.e. Occupational Therapy and Physiotherapy) Your household income Previous funding The Grant and the Maintenance Loan are not dependent on your household income but the bursary is. Maintenance Loan depends on: Where you live Whether you’re in the final year of your course (when you get less) Length of course

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