Higher Education Is it for you?

How much will it cost? How do I chose?

HE: The Money Key Facts: No up front costs You only have to repay once you finish your course and ONLY if you are earning enough money Low earners (below £21,000) never repay After 30 years debt that is left wiped out

Tuition fee Living Costs HE: The Money (2012)

HE: The Money Tuition Fee You can get an amount to cover the fee your university or college charges you. This could be up to £9,000 depending on what the university charges. Maintenance Grant Helps with your living costs while you are studying (for example, food, books, travel and other expenses). You can get up to £3,250 depending on your household income. The table below is a rough guide to how much you could get. Household IncomeNon repayable £25,000 or less£3,250 £40,000£523 £45,000£0

HE: The Money These figures are based on 2013 entry. Figures for 2014 are not currently available but are unlikely to be significantly different. Maintenance Loan This is to help with your living costs while you are studying. All students eligible for finance can get a loan. You can get up to the following depending on whether you are living at home or away: Living at home£4,375 Living away but outside London£5,500 Studying in London£7,675

Overall Living Costs Support (living away from home outside London) Household IncomeGrant (non repayable)LoanTotal £25000 or less£3354£3823£7177 £30000£2416£4292£6708 £35000£1478£4761£6239 £40000£540£5230£5770 £45000£0£5288 £50000£0£4788 £55000£0£4288 £60000£0£3788 Over £62500£0£3575

Other sources of financial support: Bursaries and Scholarships: offered by some universities National Scholarship Programme NHS bursaries for certain degree courses Disabled Students Allowances

Repayments: SalaryAmount from which 9% takenMonthly Repayment £25000£4000£30.00 £30000£9000£67.50 £35000£14000£ £40000£19000£ £45000£24000£ £50000£29000£ £55000£34000£ £60000£39000£292.50

Repayment example: Salary = £28,000 Interest payment calculated on £7,000 (i.e. £28,000 - £21,000) 9% of £7,000 = £630 Divided by the twelve months of the year = £52.50 per month

Do you want to wave goodbye to your parents and live away? Or do you want to live at home and keep costs down? Do you want to study surrounding by green fields and nice countryside or…. Do you want to be where it’s all happening in a city? What kind of assessment suits you best? Do you have or will you achieve the results/tariff points they require? Considerations

What Next? UCAS Website University Open Days Options Centre here and at Technology Campus

UCAS Registration can be started in June at College. College Buzzword required. Available June 2013 Deadline for UCAS on time applications: 15 th October (Oxford, Cambridge and applications for Medicine, Dentistry and Vet Science 15 th January most other courses (some Art exceptions

Other Options? Employment? A degree not related to your course? Gap Year?