Student loans are there to help cover the cost of your education.
UK students planning to study full-time or part-time can apply for loans to help cover the cost of tuition fees and living costs.
Some EU/EEA students who meet EU Settlement Scheme and residency requirements may also be able to apply for one or both of these loans. Check out gov.uk for more information or email our Student Money and Accommodation Advice team at firstname.lastname@example.org.
The following student loans are available to those in the UK:
- Tuition Fee Loan for full-time students
- Tuition Fee Loan for part-time students
- Maintenance Loan for full-time students and new part-time students to help with living costs
To get an idea of what loans and grants are available to you, use the Student Finance Calculator (full-time students only).
Tuition Fee Loan for full-time students
The Tuition Fee Loan will cover the cost of your course to a maximum of £9,250 if starting a course in 2021/22. It will be paid directly to the University by Student Finance England.
Tuition Fee Loan for part-time students
Part-time students are eligible for the Tuition Fee Loan.
- The amount paid to the University will be the actual cost of your course to a maximum of £6,935 if starting a course in 2021/22.
- Your course needs to be at least 25 per cent of a full-time course to qualify for the loan.
Check the Student Finance England website for more information.
Repaying student loans
The full-time Tuition Fee Loan and Maintenance Loan do not need to be repaid until you have finished your course and are earning more than £25,725 per year.
The earliest you'll start to repay your loans as a full-time student is the April after you have left your course. As a part-time student you may start making repayments while you're still studying (from the April four years after the start of your course), provided your earnings at that point are more than £25,725 per year.
You will pay 9 per cent of your annual income over the repayment threshold of £25,725. If your income falls below £25,725 your repayments will stop.
The interest on the loans is calculated at the rate of inflation plus 3 per cent whilst you study, then at the rate of inflation plus 0–3 per cent depending on your earnings.
If you have previously studied at degree level anywhere in the world you may find that you are not entitled to funding or that your entitlement may be reduced. If you already hold a degree, you may find that you are not entitled to receive any funding at all for your course. If you are not entitled to funding you will need to pay the tuition fees yourself.
How to apply
You will need to apply online for your Tuition Fee Loan. For more information, visit the student finance section of the gov.uk website.
At a glance
|Maximum value:||£9,250 if starting in 2021/22|
UK* full-time / part-time students
*May be available to some EU/EEA students who meet EU Settlement Scheme and residency requirements.
|Studying at level:||Undergraduate|
|The information on this page applies to students starting courses in these academic years (as indicated):||