Full-time Undergraduate Financial Support

Full-time Undergraduate Financial Support



 

PAYMENTS TO THE UNIVERSITY


Tuition Fees

For academic year 2017/18 University of Worcester fees are £9,250 a year for students starting in academic year 2017/18 on full-time undergraduate first degree level courses. There are some exceptions to these 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.


PAYMENTS TO STUDENTS

Payments to New Students starting on or after September 2016

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 2017/18 the maximum maintenance loan is £8,430 per annum (or £7,097 per annum for those living at home with their parents) paid in three instalments.

For students living at home with parents 44% of the loan is a basic entitlement and does not depend upon household income, but the remaining 56% is means tested. For students living away from home 46.6% is a basic entitlement and 53.4% depends upon household income. 

Amounts of Maintenance Loan for students over age 60 depend on household income and are a lower amount.

 Student Living at Home  Maintenance Loan
 Household Income £25,000 or less  £7,097
 £45,000  £4,705
 £65,000  £3,124
Away from Home  Maintenance Loan    
 Household Income £25,000 or less        £8,430
 £45,000  £6,009
 £65,000  £3,928

Higher Rates of Maintenance Loan

Students with an underlying eligibility for means-tested benefits (for example lone parents) such as Income Support will be eligible for a Maintenance Loan of up to £9,609 (or up to £8,372 if living at home with parents). Up to £3,566 of this income is disregarded by the Department for Work and Pensions and Local Authorities when calculating income-related benefits.

 

Payments to Continuing Students (who started before September 2016)

Maintenance Loans

For academic year 2017/18 the maximum Maintenance Loan for continuing students is £6,043 per annum for those students living away from the parental home, and the maximum for those living in the parental home is £4,806. Students in receipt of all or part of the Maintenance Grant (see 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.

Maintenance Grant

Continuing Home students may also be eligible for a non-repayable means-tested Maintenance Grant from Student Finance England of up to £3,482 pa, paid in three instalments. Students whose residual household income is £25,000 pa or less will receive the full £3,482. Those whose residual household income is between £25,001 and £42,641 will receive part of the grant and those whose residual income is above £42,641 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

Continuing 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 £3,482 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 & Pensions and Local Authorities have 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.

REDUCED RATE FINAL YEAR MAINTENANCE LOANS

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 2017/18 the maximum Maintenance Loan a final year student that started after September 2016 living at home with parents can expect to receive is £6,678 pa and £7,973 pa if they live elsewhere.

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 £2,553 per annum if they are living away from home, and £1,915 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.
  • 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.
  • 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.
  • 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.

For help and advice on completing your application read "TOP TEN TIPS FOR SUCCESSFUL STUDENT FINANCE APPLICATIONS" - see link to left of this page.           

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.

“GIFT” YEAR

Student Finance England funding for living costs and tuition fees is available to eligible students for the length of their course and also for one extra year if needed to complete the course.

PAYMENT TIMES


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. See Budgeting & Boosting Your Income on advice on how to avoid financial short-falls.

EXTRA FINANCIAL HELP FOR STUDENTS