Our degrees, HNDs and HNCs cost a lot less than you might think. Plus, there's lots of grants and loans available for full time and part time students.


You do not need to pay these up front and may be eligible for a fees loan which will be paid direct to the college.  In addition to the fees loan, you may apply for extra financial support. For a quick estimate of what support you might expect to receive try the student finance calculator. (link already there)

Don't wait until you have a place confirmed before applying for finance. You can change any details later if you need to.

Students can find a range of tools, videos and guides to help you apply quickly and successfully by visiting www.thestudentroom.co.uk/studentfinance.


Maintenance Loan

This is to help with living costs. The maximum amount you can borrow depends upon where you live.

  • Student living with parents – up to £7,097 for the year
  • Student living away from home – up to £8,490 for the year

 Part of this loan does depend on household income. 


Dependants' Grants

Dependants' Grants are paid in addition to your main student finance and don't normally have to be paid back, unless you leave your course early.

Parents' Learning Allowance (PLA)

This helps with course-related costs if you have dependent children.  You can get up to £1,617 a year depending on your income and the income of your husband, wife or partner and any dependants.

Childcare Grant (CCG)

You can apply for help to pay your childcare costs. You could get up to 85% of your weekly costs – a maximum of £159.59 per week for one child, or £273.60 per week if you have two or more children

Adult Dependants' Grant (ADG)

You can apply for an Adult Dependants' Grant if you have a partner or another adult who depends on you financially.  You can get up to £2,834 a year depending on your household income, which is your income plus the income of your dependants (including your husband, wife or partner).


Disabled Students’ Allowance (DSA)

(DSA) – Does NOT depend on income.  DSA’s can help pay for medical equipment, a non-medical helper, travel or other extra costs (non repayable)


Paying it back

You do not repay anything until you have completed your studies AND earn over £21,000 a year. The table below shows some examples of what you might repay each month.

Income each year before tax

Monthly earnings before tax

Approximate monthly  repayment











Full-time and part-time students who start their course after 1 September begin paying back their student loan once they earn more than £21,000 a year.  If their income falls below £21,000 a year, repayments stop.

New part-time students start making repayments in the April four years after the start of their course, or the April after they leave the course, whichever comes first.

If you pay through PAYE your repayments will be deducted automatically each month from your pay. If you are using self-assessment, other arrangements are in place.


Loan interest rates

Interest is charged on your loan while you’re studying until you’re due to start repaying your loan. Interest is charged at the rate of inflation (RPI – retail price index) plus 3%.

When you are due to start repaying your loan the amount of interest you are charged depends on how much you earn.

You will be charged the following rates of interest:

  • the rate of inflation if you earn £21,000 or less
  • the rate of inflation plus up to 3% if you earn between £21,000-£41,000
  • the rate of inflation plus 3% if you earn over £41,000


Additional Financial Support

The Access to Learning Fund (ALF) provides discretionary financial assistance for FULL and PART time students to help you access and remain in higher education.  Any help you receive from the fund is usually non-repayable.

If you would like to discuss your situation and your options you can contact our Student Finance Officer on 0191 490 2325.