1 STUDENT FINANCE 2016 / 17 RHS Careers

2 Financial Support Available 1.Tuition Fees Loan 2.Maintenance Loan 3.Maintenance Grant 4.Scholarships & Bursary Schemes rhscareers

3 1. Tuition Fee Loan – Tuition Fee Loan of up to £9,000. –The Tuition Fee Loan is paid directly to your university or college. –Irish Universities - Student Contribution Fee of €3,000. rhscareers

4 Tuition Fee Summary (February 2016) Country of residence Studying in Northern Ireland Studying in England, Scotland and Wales Studying in Ireland Northern Ireland £3,805 up to £9,000 €3,000* *Tuition fees are not charged in the ROI. All students pay a student contribution fee of €3,000 for 2016/17.

5 2. Maintenance Loan MAINTENANCE LOAN 2016 / 17 MAXIMUM MINIMUM (no grant) (full grant) UK (living away from home) £4,840£3,630 NI (living at home£3,750£2,812 London£6,780£5,085 Overseas£5,770£4,330

7/3/ Maintenance Grant household incomes under £41,065. household income less than £19,203 => receive the full, non-repayable, grant of £3,475. partial maintenance grants if household income is between £19,204 and £41,065. may reduce Maintenance Loan.

4) Bursaries & Scholarships Institutional Bursaries up to £2,000 but your loan is then reduced – by £1500 if max bursary awarded and by full amount of any other! Academic Bursaries – usually around £1000 are also available for AAA students! NHS Bursaries – AHP Degrees. External Bursaries – business, councils etc

Examples All Ireland Scholarships (JP McManus) - £5,500 / year for the duration of your degree. Top 25 students who receive EMA.See information/ or for details. QUB offer 50 STEM Awards (based on academic ability) of £1000 each Northern Ireland

QUB Entrance Scholarship Competition Students who have three ‘A’ grades at A-Level are eligible to enter the University’s Entrance Scholarship Competition to receive any of the following awards: David Russell Lappin Scholarship - £600 per annum for 3 years (1 award) John Sinclair Porter Scholarship - £600 for 3 yrs (2) Sullivan Scholarship - £1,000 for 3 years (1 award) Reid-Harwood Scholarship - £800 for 3 years (1) Megaw Scholarship - £900 (1 award) Dunwoody Scholarships - £500 for 3 years (2)

2. Glasgow University 10 rhscareers RUK Access Bursary - financial support to talented students who (for reasons of financial hardship) might not be able to take a place at University. Eligibility for this award is based on household-income : Annual household incomeRUK Access Bursary for first year of study RUK Access Bursary for subsequent years of study Less than £25,000£3,000£2,000 £25,001 - £42,600£2,000£1,000

11 Special Degrees 1.Allied Health Professional (AHP) Degrees Chiropody, Dental Hygiene/Therapy, Dietetics, Podiatry, Occupational Therapy, Physiotherapy, Prosthetics, Radiography, Speech & Language Therapy etc. Income assessed bursary (> £5000 in London) + £1000 grant Reduced rate student loan Tuition fees paid by NHS Bursary if accepted on NHS funded place – see individual universities.

12 2. Nursing & Midwifery – see AHP degrees. Phone – Social Work Degrees Student Finance NI (For NI courses) –maintenance loan, fee loan and grant, special support grant etc Non means-tested bursary in NI As for AHP degrees but fees often paid by Ambulance Trust rather then NHS. 4. Paramedic – degrees and diplomas

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15 Example 1 - Bill is studying for a History Degree at a University in England. The household income is £15,000 Bill is entitled to receive : A Tuition Fee Loan of £9,000, paid directly to the University. A full Maintenance Grant of £3,475. A Maintenance Loan of £2,953 (reduced from £4,840 due to maintenance grant). An Institutional Bursary of £500. The total amount he will receive in his first year is at least = £6,928

7/3/ Example 2 – Anne is studying for a Degree in Physiotherapy at UU. The household income is 45k. Anne is entitled to receive: Tuition Fees paid by NHS Bursary. A max Maintenance Loan of £3,750. She is not eligible to receive a Maintenance Grant. She is unlikely to receive a means tested Institutional Bursary, an Academic Bursary or scholarship may still be an option. => £3,750

17 Average cost of university / year - England Tuition fees9,000 Books etc 978 Travel 648 Rent4,004 Food1,788 Household goods, insurance, 355 Personal items, leisure, travel4,400 £21, ,000 £12,173

Repaying the Student Loan (The Good News) Repayments don’t commence until April after leaving and earnings are over £17,495 per year. Any balance outstanding will be written off after 25 years. Only the student is legally liable for repayment.

19 Repaying the Student Loan (The Bad News) Interest is charged - based on rate of inflation. For example, if taken automatically from 9% of income over £17,495 i.e. earn £21,000 => repay £ / year. Payments must continue if moving abroad. Student Loans are still payable if bankrupt.

Study in Europe? Many European Countries charge much lower tuition fees than the UK Erasmus enables students to study or work in Europe as part of their degree.Erasmus You receive a grant and have tuition fees waived (if you go for the full academic year). It counts towards your degree and is not a gap year. 20

7/3/ Applying for Support Apply before April 15 th 2016 Use guidance notes (website) & ring if need be. Keep copies of all correspondence. Phone – to speak to advisor also contains lots of useful information.

South Eastern Education & Library Board SEELB Student Awards Section Grahamsbridge Road, Dundonald Belfast BT16 2HS Phone – – rhscareers

FE Colleges Financial support is also available for FE courses including BTEC, NVQ etc. Fees for FE degree courses are considerably less than those for HE degree courses. Contact - Student Finance NI FE Awards Section Phone –

24 QUB Student Support Friday 11 th March to 3.20pm. Sign up NOW! RHS Careers