This information is based on 2012/13 figures

You will have two main costs to meet when you go to university:  Your Tuition Fees (up to £9,000 per year depending on what course you chose to study and where you chose to do it)  Your Living Costs (i.e. rent, food, bills)

Funding from Student Finance England  Maintenance Grant- up to £3,250  Living Costs Loan- up to £5,300  Tuition Fee Loan- up to £9,000  Extra Grants available for students with children and disabled students. Funding from your University :  University Bursaries  National Scholarship Programme

Funding from the NHS  Tuition Fees paid directly to your institution.  Non Means Tested Bursary of £1,000.  Means Tested bursary up to £4,395.  Additional grants for students with dependents and disabled students. From Student Finance England  Student loan up to £2,324.

Maximum Maintenance Grant £ 3,250 Maximum Maintenance Loan (if £ 3,875 getting the Maintenance Grant) TOTAL STUDENT INCOME £ 7,125 divided by 44 weeks £ 162 per week This assumes you are receiving the maximum loans/grants available. If you are not receiving the full amount you or your parents are expected to meet the difference.

Non means Tested Bursary£1,000 Means Tested Bursary£4,395 Student Loan£2,324 TOTAL STUDENT INCOME£7,719 divided by 52 weeks£148 per week This assumes you are receiving the maximum loans/grants available. If you are not receiving the full amount you or your parents are expected to meet the difference.

The following is a sample budget. As you can see the figures are VERY conservative but still show you will have more money going out than coming in each week. Rent £ 70Books/Stationery £ 5 Food £ 25Clothing £ 10 Insurance £ 5TV Licence £ 2 Leisure £ 20Travel £ 5 Telephone £ 10Gas/Electricity/Water £ 15 Total Expenditure = £ 165 per week!!!

 In some cases student funding may not cover your full living expenses  Tuition Fee loan  Part time work  Most funding is paid termly

 Open a student bank account  Make one weekly cash withdrawal  Share costs with friends  Don't buy every book on the reading list  Take advantage of student offers - e.g. NUS Card

 Although some groups got into debt it is because we made you make extreme choices. In reality students do not make such extreme choices - they find a balance.  You are not alone - your University and/or Students Union will provide advice and support to students on funding, budgeting and any other issues.  If ends don't meet you may be able to apply for additional financial support - Access to Learning Funds.

£30 £142 £0 £40 £80 £120 £160 £200 £240 £21,000£25,000£30,000£40,000 Monthly Repayment £217 £50,000 £67 Yearly income

Both government-commissioned and external studies have consistently found that, over his or her working life, the average graduate will earn comfortably over £100,000 more in today's valuation, net of tax, than a similar individual who achieved university entrance qualifications but did not go into HE. Graduate Market Report Average Graduate Salaries

The Office of National Statistics have found that degree holders earned an average of £12,000 a year more than non-graduates over the past decade.

Student Finance England  Tel:  Website: NHS Student Grants Unit  Tel:  Website: