Student Finance Tim Pilkington Higher Education Adviser

Introduction What university will cost Financial support available How to apply UEA Square

Cost of courses - £6,000 - £9,000 / year Fees don’t have to be paid before or during the course! Fee loan available to full time students, paid directly to the university £21,000 repayment threshold Repayments linked to what you earn not what you owe Apply through Student Finance England Tuition Fees

Nursing; Midwifery; Physiotherapy; Occupational Therapy; Speech and Language Therapy – pay NO FEES Non-means tested Grant from NHS - £1,000 Means tested Bursary from NHS Reduced rate Living Cost Loan Medicine and Dentistry courses – final year funded by NHS Social Work NHS courses

Living costs – books, accommodation 65% of loan for everyone (35% is means tested Paid in 3 installments (direct to student) Repayable (£21,000) Apply through Student Finance England Living Cost Loan Parental home£4,375 London£7,675 Elsewhere£5,500

Living Cost Grant Non-repayable grant (Living cost grant): Household incomeGrant available < £25,000£3,250 £25,000 - £42,611Part of £3,250 > £42,611No grant Apply for grant through Student Finance England

University support: Bursaries Bursaries – dependent on household income Non-repayable CriteriaSupportDuration Household income less than £16,000 £3,000per annum for up to four years* of undergraduate study. Household income £16,001 to £20,000 £2,000per annum for up to four years* of undergraduate study. Household income £20,001 to £25,000 £1,000per annum for up to four years* of undergraduate study. Science Foundation Year household income less than £42,611 £4,500Foundation Year only. Care Leaver£3,000per annum for up to four years* of undergraduate study. * This includes any support that may be given for a Foundation Year.

University support: Scholarships Based on academic achievement Non-repayable ScholarshipCriteriaValue Entry ScholarshipAwarded to students who achieve AAA at A level (excluding General Studies) or equivalent. £1,500 one off payment Excellence AwardExcellent academic achievement during undergraduate study. Students are considered for award at the end of each academic year based on their end of year results. £1,000 one off payment.

University support: Scholarships Subject specific scholarships Subject specific ScholarshipsCriteriaValue American studies - Arthur Miller scholarshipTop A level grades & who study abroad£1000 paid at end of 2nd yr Chemistry scholarship £2000 Choose UEA as firm (prior to clearing), A in A2 chemistry plus AB £2000 One off payment Chemistry scholarship £1000 Choose UEA as firm (prior to clearing), A in A2 chemistry plus BB £1000 One off payment Panasonic scholarshipAAA - Science subjects only£1000 / pa (1 award) Undergraduate Student Scholarships - Norwich Business School Grade A achieved at A2 level or equivalent including IB HL 6 or BTEC Distinction £500 per A grade, one off payment

What you may be eligible for Household incomeLiving Cost GrantLiving Cost LoanTotal £25,000 or less£3,250£3,875£7,125 £30,000£2,341£4,330£6,671 £35,000£1,432£4,784£6,216 £40,000£523£5,239£5,762 £45,000£0£5,288 £50,000£0£4,788 £55,000£0£4,288 £60,000£0£3,788 Over £62,500£0£3,575

How to apply – Student Finance England Tuition Fee Loan, Living Cost Loan, Living Cost Grant Apply online – Apply in the Spring of the year you go to university Need NI number, bank details, income & course information Deadline to submit Fewer screens – list of eliminating questions Enhanced student finance calculator

How to apply

Making repayments SalaryInterest rate Less than £21,000RPI (Retail Price Index) Between £21,000 - £41,000Between RPI and RPI plus 3% Over £41,000RPI plus 3% During course you will be charged RPI plus 3% An example A student finishes their degree in July 2016 Their salary is £25,000, so they earn £4,000 in excess of £21,000 Their repayments are calculated at £30 per month (9% of £4,000/12) From April 2017 £30 is deducted from the graduates’ wages via PAYE Interest rates:

Repayment system Income each year before tax Approximate monthly repayment Previous – 2011 systemCurrent – 2012 system £15,000£0 £16,000£8£0 £18,000£23£0 £21,000£45£0 £24,000£68£23 £27,000£90£45 £30,000£113£68 £33,000£135£90 £36,000£158£113 £40,000£188£143

More information UEA accommodation

Additional income Part time work – over 40% have term time jobs Holiday work – 90% of students work in holidays University job shops Work related to course/career UEA bar

Any questions? OPEN DAYS 2013: 22 June 5 July 14 September 3rd in the Times Higher Education Student Experience Survey 2011 World top 150, European top 100, UK top 20 (Guardian League Table 2012)