Student Finance Or How to Avoid Lentils Malcolm Scott Connexions Kent and Medway.

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Presentation transcript:

Student Finance Or How to Avoid Lentils Malcolm Scott Connexions Kent and Medway

Maximum Contribution towards tuition fee for 2009 £3,225 Paid through tuition fee loan

Maintenance Grant Household Income £25,000 or less Between £25,000 and £50,020 Over £50,020 Help Available Full £2,906 Grant Partial Grant between £2,906 and £50 No Grant Students in receipt of EMA could receive full grant

Maintenance Loans For Academic Year 2009/2010 London £6,928 Elsewhere £4,950 Home £3,838 28% of loan is means tested once household income exceeds £50,778. First £1453 of maintenance grant replaces loan.

Bursaries. Universities and Colleges charging full tuition fees of £3,225 a year must provide a bursary of at least £319 a year to students receiving the full £2,906 maintenance grant. Most institutions are offering much more than this.

National Health Service bursaries for health professional courses Audiology Chiropody/Podietry Dental Hygiene Dental Therapy Dietetics Nursing Midwifery Occupational Therapy Operating Department Practice Orthoptics Physiotherapy Prosthetics & Orthotics Radiography Speech & Language Therapy

Loan Repayments Annual Income £15,000 £20,000 £25,000 Monthly Repayment £0 £37.50 £75.00 Interest rate linked to the Retail Price Index. Repayments collected by HMRC through PAYE.

Further Help