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Who can get student finance

You may be eligible for funding from Student Finance England if:

 

If you’re an EU national and you want more information on whether you’ll be eligible for student finance in 2021 to 2022, visit www.gov.uk/guidance/studying-in-the-uk-guidance-for-eu-students.

Student finance explained

Wondering how we can help to fund your future?

Check out our Student finance explained film for everything you need to know before our applications open!

What’s available

During the academic year most students will have 2 costs to cover: tuition fees and living costs.

We can help with both to make sure you get the most out of your time at college or university.

 

Tuition Fee Loan

For a full-time undergraduate course, you can get up to £9,250 as a Tuition Fee Loan which we’ll pay directly to your university or college.

 

Maintenance Loan

You can also apply for a Maintenance Loan. We’ll use your household income and where you’re living during the academic year to calculate how much you can get. Household income is made up of your parents’ or partner’s income.

Check our examples tables for more information on how much is available:

Your household income

How much Maintenance Loan you can get
Under £25,000 a year £7, 987
£35,000 a year £6,642
£50,000 a year £4,623
Over £58,220 a year £3,516

 

Your household income

How much Maintenance Loan you can get
Under £25,000 a year £9,488
£35,000 a year £8,130
£50,000 a year £6,092
Over £62,286 a year £4,222

Your household income

How much Maintenance Loan you can get
Under £25,000 a year £12,382
£35,000 a year £11,001
£50,000 a year £8,929
Over £70,004 a year £6,858

Your household income

How much Maintenance Loan you can get
Under £25,000 a year £10,866
£35,000 a year £9,495
£50,000 a year £7,437
Over £65,919 a year £5,380

Extra help

We want to make sure you get the most out of your time at college or university, we offer extra support if you have a child or adult dependant who relies on you financially.

There’s also extra help available for students with a disability.

Find out more about what you can get in 2021 to 2022:

 

Childcare Grant is a grant that is based on your household income, you do not have to pay this back once you’ve finished your course.

It does not affect how much Maintenance Loan you can get. The grant can help you pay for childcare during your studies, it’s paid directly to your childcare provider through an online payment system.

You can apply for Childcare Grant at the same time as your main student finance application, you may be eligible for Childcare Grant if you:

  • are a full-time student
  • have children under 15, or under 17 if they have special educational needs
  • use a childcare provider who is registered with Ofsted

 

Childcare Grant can help to pay for up to 85% of your weekly childcare costs, up to a maximum cap of:

  • £179.62 per week for one child
  • £307.95 per week for two or more children

 

Parents’ Learning Allowance is a grant that could help you with any learning costs during your course, you do not have to pay this back once you’ve finished your course.

You can apply for the grant at the same time as your main student finance application, it will not affect how much Maintenance Loan you get.

The maximum amount you can get is £1,821 and how much you get is based on your household income.

 

Adult Dependants’ Grant is a grant you can get if you have an adult who is financially dependent on you, you do not have to pay this back once you’ve finished your course.

The maximum amount you can get is £3,190, you can apply for this at the same time as your main student finance application.

 

Disabled Students’ Allowance provides extra support to students with a disability, you can apply for it at the same time as your main student finance application.

You do not have to pay this back once you’ve finished your course.

Disabled Students’ Allowance offers full-time undergraduate students a maximum allowance of £25,000, this can be used to help pay for:

 

  • specialist equipment
  • a non-medical helper such as a scribe or British Sign Language interpreter
  • travel costs

 

Repaying your student loan

You won’t start repaying your student loan until the April after you’ve finished or left your course and you’re earning over the repayment threshold of £511 a week, or £2,214 a month.

How much you repay is based on how much you earn, not how much you’ve borrowed.

You’ll repay 9% of anything over the threshold amount. Find out more about repaying your student loan at www.gov.uk/repaying-your-student-loan

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