Full-time Undergraduate Financial Support

Full-time Undergraduate Financial Support

PAYMENTS TO THE UNIVERSITY


Tuition Fees

For academic year 2015/16 University of Worcester fees are £9,000 a year for students starting in academic year 2015/2016 on full-time undergraduate level courses (first degree, Foundation degree, HND, Dip HE etc).  Some of our students studying at partner institutions have lower fees and you can find these on the University's Course Fees page by clicking on the link to the left of this page.

Students that started their course before September 2012 and pay “old style” fees should contact firstpoint for Tuition Fee details.

Tuition Fee Loan

You can pay your fees by applying for a non means-tested tuition fee loan from the Student Loans Company via Student Finance England. The fees are paid direct to the University on your behalf, so you need not find the money to pay for your course before you enrol or whilst you are studying. Tuition Fee Loans are available to eligible Home and EU students.

Apply to Student Finance England for a tuition fee loan and other financial support as soon as possible, and normally at least four months before the start of your course.

You can apply for funding even before you have been offered a place at university, usually the February before your September start.

Applications are made online at www.gov.uk/student-finance and you can phone Student Finance England on 0300 100 0607 if you have any queries.

It is advisable to keep copies of any documentary evidence that you send and also make sure you put your Student Finance reference number on documents sent separately.

 

PAYMENTS TO STUDENTS


Maintenance Loans

Maintenance loans are available to eligible Home students to help with living costs such as accommodation, food, clothing, travel etc. For academic year 2015/16 the maximum maintenance loan is £5,740 per annum (or £4,565 per annum for those living at home with their parents) paid in three instalments. 65% of the loan is a basic entitlement and does not depend on household income but the remaining 35% is means-tested.

Students in receipt of all or part of the Maintenance Grant (see paragraph below) will have their Maintenance Loan reduced by 50p for every £1 of Maintenance Grant received. This reduction will not apply to those students with an underlying eligibility for means-tested welfare benefits; they will receive the Special Support Grant mentioned below instead.

Apply to Student Finance England for funding as soon as possible, ideally at least four months before the start of your course.

Applications are made online at www.gov.uk/student-finance. You can telephone Student Finance England on 0300 100 0607 if you have any queries about applications.

If you do not apply within nine months of the start of your course you may lose your right to apply for that particular year. 

Final Year Maintenance Loans

Please note that the amount of Maintenance Loan paid to eligible students in their final year of study is less than the amount paid in Years One and Two.  In academic year 2015/16 the maximum Maintenance Loan a final year student living at home with parents can expect to receive is £4,195 per annum, and £5,338 per annum if they live elsewhere.

Maintenance Grant

Home students may be eligible for a non-repayable means-tested Maintenance Grant from Student Finance England of up to £3,387 pa, paid in three instalments. Students whose residual household income is £25,000 pa or less will receive the full £3,387. Those whose residual household income is between £25,001 and £42,620 will receive part of the grant and those whose residual income is above £42,620 will not be eligible for the grant. Receipt of all or part of the Maintenance Grant will reduce the recipient’s entitlement to the Maintenance Loan by 50p for every £1 of Maintenance Grant received. This reduction will not apply to students with an underlying eligibility for means-tested benefits; they will be awarded the Special Support Grant mentioned below instead.

Special Support Grant

Students who have an underlying eligibility for means tested benefits (for example some lone parents) such as Income Support will be eligible for a non-repayable Special Support Grant of up to £3,387 pa paid in three instalments. Payment is means-tested using the same income thresholds as the Maintenance Grant. This grant will be paid instead of the Maintenance Grant mentioned above and the Department of Work and Pensions has agreed to disregard it in calculations for income-related benefits. Receipt of this grant will not reduce entitlement to the amount of Maintenance Loan due in the way that the Maintenance Grant does. Please note, this may change with the advent of Universal Credits.

  

PLACEMENT YEAR FOR SANDWICH COURSES

Students who started their course after September 2012 undertaking a work placement year as part of their course will only be charged 10% of the full-time tuition fee rate for the year in question. Eligible students will be entitled to a reduced rate non means tested Maintenance Loan from Student Finance England of £2,425 per annum if they are living away from home, and £1,819 if living at home. They will not be entitled to a Maintenance Grant.

  

APPLYING FOR STUDENT FINANCE

Apply to Student Finance England for funding as soon as possible, ideally at least four months before the start of your course.

  • Tuition Fee Loans, Maintenance Loans and Grants can all be applied for using one on-line application form. 
  • It is important to have an income assessed award (i.e. where your parent’s or partner’s income is taken into account) to make sure that you are awarded the maximum amount to which you are entitled

  For help and advice on completing your application

              Click on link to left of this page

               TOP TEN TIPS FOR SUCCESSFUL

            STUDENT FINANCE APPLICATIONS

 

 

PAYMENT TIMES 

    

Payment Times of Grants, Maintenance Loans and Allowances

Financial support from Student Finance England for September starters, with the exception of Tuition Fee Loans which are paid directly to your university, is paid in three instalments in September, January and April.

 

STUDENT FINANCE AND PAYING FOR ACCOMMODATION

It is important to note that the financial support that you receive from Student Finance England will not always be enough to pay for your accommodation and living expenses, especially if you use the accommodation at the top of the price range.

 
Click HERE to go to Accommodation page on this website for more information

PLUS


Click HERE to go to Budgeting Tips page on this website on advice on how to avoid financial short-falls.

 

PREVIOUS STUDY

It is important to note that previous study at Higher Education level or above (ie above Level 3), can affect your entitlement to student financial support and you should contact Student Finance England if you think this may apply to you.  Although sometimes previous study can be disregarded if you have evidence that you left for compelling personal reasons such as illness.

 

EXTRA FINANCIAL HELP FOR STUDENTS


Disabled Students' Allowance

Eligible students will also receive support through the Disabled Students' Allowance.


Click HERE to go to Disabled Students' Allowance page on this website


Access to Learning Fund

Eligible students may also apply to the University’s Access to Learning Fund for help.


Click HERE to go to Access to Learning Fund page on this website

 

Educational Trust Funds and Charities

There are 1000's of Educational Trust Funds and Grant Giving Charities that help students with money.


Click 
HERE to go to Trust Fund page on this website

 

 

 

Or you can find lists of
Educational Trust Funds
and advice on how to apply
on the
Money Advice bookshelf
in
firstpoint
Peirson Building
St John's campus
Worcester