Loans and Grants
For Tuition Fees: New Full-Time Students
- If you're a full-time student studying on your first higher
education course, you can get a government loan for your tuition
fees.
- The changes ONLY apply to new September 2012 undergraduates.
Students who started their course in 2011 or earlier, provided
they are still on the same course, will remain on the lower
fees and funding structure which were in operation when they
started the course.
- Tuition fee loans are only paid back when you are earning
over £21,000 a year. Repayments are taken by employers
like tax at a rate of 9% of everything over £21,000.
If there's debt after 30 years it disappears, so if you never
earn over the threshold, you will never repay the debt. You can get more information on the Student Loans company website, The Student Room.
For Tuition Fees: New Part-Time Students
- If you opt to study part-time for one of our qualifications
- usually over three years rather than two, then your tuition
fees are reduced on a pro-rata basis
- From September 2012 onwards new part-time students will be
able to apply for a tuition fee loan to cover these costs.
- The new tuition fees for part-time students ONLY apply if
you are starting the course from September 2012. Students who
started their course in 2011 or earlier, provided they are
still on the same course, will remain on the lower fees and
funding structure.
- To be eligible for a tuition fee loan, this must generally
be the first time you're studying on a higher education course.
To qualify you must complete a minimum of 25 per cent of the
equivalent full-time course load per year.
- Existing part-time students with a household income under £28,066
will continue to receive a fee grant and course grant instead
of a tuition fee loan.
For Living Costs
Living costs cover things like accommodation,
food and travel costs. This will vary depending on where you
study, though in most cases students at South Cheshire College
have limited living costs because they continue to live at home
whilst studying.
- If you're studying full-time, loans, grants and scholarships
are available to help you with your living costs. What you'll
receive will depend on your personal circumstances. To find
out what you may be eligible for, visit www.direct.gov.uk/studentfinance, www.thestudentroom.co.uk/studentfinance or
telephone our Student Support and Welfare team on +44 (0)1270
654654 ext. 501/502.
- New part-time students are not eligible for a grant to cover
living costs.
- Existing part-time students with a household income under £28,066
will continue to receive a fee grant and course grant instead
of a tuition fee loan.
Additional Financial Support
In addition to tuition fee loans and living cost loans (also
called maintenance loans) there is other financial support available
to help full-time students with the cost of studying at college
or university.
Grants:
- Grants, unlike loans, do not have to be paid back.
- Grants are not available to all students, and if you are
eligible, the amount you receive depends on your household
income.
- If you're a student from a lower income background they
can help pay towards your living costs (food, travel, accommodation
etc) while you study.
- Got current information about what grants may be available
and your eligibility, please visit www.direct.gov.uk/studentfinance
Bursaries:
- South Cheshire College offers its own bursaries, which
are paid annually and you don't have to pay the money back.
- The College uses a set of criteria to determine the eligibility
of all applicants. The College will usually give you a bursary
if you're eligible for a full grant but may give you a bursary
even if you are only eligible for a partial grant.
National Scholarship Programme:
- The National Scholarship Programme (NSP) starts in September
2012. It gives financial help to students studying in higher
education in England. The NSP is designed to help students
whose families' income is £25,000 a year or less. Eligible
students need to also fulfill a minimum criteria range set
by the College.
- NSP awards are in addition to any other student finance
you might apply for, apart from help with your tuition fees.
- If you believe that you may be eligible for the NSP, please
contact our Student Advisors on +44 (0)1270 654654 ext. 501/502
once you have an offer of a place at the College.
Additional Allowances/Grants
Some students are also eligible for additional support, including
those with a disability or specific learning difficulties,
and students who have children or other dependants.
Please see the DfES
publications "Bridging the Gap": a guide to the Disabled
Students' Allowances (DSAs) in higher education" and "Childcare
Grant and other support for student parents in higher education" for
more information.