Tuition Fee Loans
UK undergraduate students are eligible for a loan to cover the total cost of tuition fees from the Student Loans Company, as are most EU students.
Students are entitled to a maintenance loan – an amount of which will be available to all students irrespective of household income. This will be added to the tuition fee loan and repaid in the same process.
Please check that you are eligible to pay UK/EU fees by checking out our eligibility guide. If you are an International student please go to the International fees and funding page.
How Your Loan is Repaid
You only start paying back your tuition fee loan once you have graduated* and are earning above £21,000. Repayments are made at the rate of 9% of income above £21,000. For example, a graduate earning £25,000 a year would repay less than £7.50 a week.
|
Earnings |
Annual repayment |
Monthly repayment |
|
£15,000 |
Nothing |
Nothing |
|
£16,000 |
Nothing |
Nothing |
|
£21,000 |
Nothing |
Nothing |
|
£22,000 |
£90 |
£7.50 |
|
£30,000 |
£810 |
£67.50 |
|
£40,000 |
£1,710 |
£142.50 |
|
£50,000 |
£2,610 |
£217.50 |
Part-time Students
New part-time students can apply for a non means-tested tuition fee loan of up to £6,750, depending upon the actual tuition charge for their course. Students have to be studying at an intensity of at least 25% of a full-time equivalent course.
Part-time students who earn over £21,000 a year have to start paying back their loans after four years even if their course hasn't finished. http://www.direct.gov.uk
Finance expert Martin Lewis’s fees and funding web page
Make your future happen
Good advice, finance calculators and more...
http://studentfinance-yourfuture.direct.gov.uk/






