1 / 14

Financing Higher Education

Financing Higher Education. Type the author ’ s name and date of presentation here. Why do I need to think about finance?. Tuition fees Living Costs Support. What are tuition fees?. Universities and colleges can charge between £6,000 and £9,000 per year

gunda
Download Presentation

Financing Higher Education

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Financing Higher Education Type the author’s name and date of presentation here

  2. Why do I need to think about finance? • Tuition fees • Living Costs • Support

  3. What are tuition fees? • Universities and colleges can charge between £6,000 and £9,000 per year • The majority charge the full fees of £9,000 • You do not need to pay upfront!

  4. What finance could I be entitled to? Student support 2014/2015 • Tuition Fee Loan • Living Cost Support • Maintenance Loan • Maintenance Grant • Institutional Support

  5. Sources of Income: Government

  6. Total support for living costs

  7. Sources of Income: Institution

  8. What are universities doing? • Exeter National Scholarships – for incomes below £16,000 • £2,000 bursary for Year 1 and £1,400 bursary for subsequent years of study • Access to Exeter bursaries – for incomes above £16,000 • £1,000 per year for household incomes between £16,000 and £25,000 • £750 per year for household incomes between £25,000 and £35,000 • £500 per year for household incomes between £35,000 to £42,600 • Care leavers will receive a full fee waiver for all years of study and support for additional accommodation costs

  9. Is there any more help? • Other forms of funding • Disabled Students Allowance • Access to Learning Fund • Dependence Allowance • Parental contribution • Bank overdraft • Vacation and term time earnings

  10. Paying back your loans

  11. Will I be able to afford to pay it back? • If you do not earn over £21,000, you do not pay • If your earnings fall, you pay less • You start repaying April after graduation • Interest is variable and is a lot less than normal loans • After 30 years, the balance of the loan will be written off

  12. How do I apply? • Visit the student finance website (www.gov.uk/studentfinance) • Complete the online application • You will need to provide evidence of your household income • You can apply in early spring of your year of entry • Early 2014 for 2014/15 entry • Make sure you apply by the set deadline • May 2014 for 2014/15 entry

  13. Where can I find out more? • Search online for… • University of Exeter • Student Finance Calculator 2014 • Student Loans Company • Student Application Demo • Whatuni Scholarships

  14. Any questions? • Contact us:visitus@exeter.ac.uk01392 724043

More Related