Student Funding 2011/12 entrants

What do we do? Advice and Guidance Financial support Counselling Disability and Dyslexia service How do we do it? Independent Confidential Accessible

Where 50 Park Place, Cathays Park & 2 nd floor, Cardigan House, Heath Park Drop-in Appointments Phone calls s Talks and workshops Self-help FAQs, DVDs, website

How will I fund my time at university? Student Loan Tuition Fee Loan Grants Additional Funding Budgeting

Variable Tuition Fees Annual Flexible fee is £3,375 for 2011/12 Tuition Fee Loan available to all eligible students – paid direct to University Student repays after finishing their course

Living costs Maintenance LoanMaintenance Grant/ Assembly Learning Grant (ALG) Amount depends on household income Paid in 3 instalments Has to be repaid Amount depends on household income Paid in 3 instalments Non repayable

Gap Year 2011/12 New tuition fees proposed by government Gap year students starting in 2012/13 will come under new funding arrangements See funding websites later in year for details

Figures for 2011 entrants Household Income Assembly Learning Grant – Max grant £5600 Maintenance Loan – Max loan £4745 Total each year Up to £18,370£5600£1901£7501 £18,370 - £25,000 £ £3842£ £7501- £6282 £25,000 - £34,000 £ £1706£ £3722£6282- £5428 £34,000 - £50,503 £1706- £0£ £4745£ £4745 £50, 503- £56, 434 £0£ £3559

Figures for 2011 Entrants Household Income Maintenance Grant – Max grant £2906 Maintenance Loan – Max loan £4950 Total Each year Up to £25,000£2906£3497£6403 Between £25,001 - £34,000 £ £1106£ £4397£ £5503 Between £34,001 - £50,020 £ £50£ £4925£ £4975 Between £50, ,708+ £0£ £3564

Applying for student funding PN1 Form Download form or apply on line Apply from March 16 th By May 31 st Apply from February 21 st By April 15th

Apply online – Student Finance Wales Register and enter your details to create a new online account, then apply for funding

Apply online – Student Finance England Register a new account and parents can support an application by entering financial information

Repaying your student loans Tuition fee & Maintenance loan repaid together Once earning over £15,000 Interest rate linked to inflation (1.5% ) Earnings per yearRepayment per month £18,000£22 £24,000£67

Additional Funding Available in addition to loan/grant Depends on students circumstances Non repayable DependentsDisability/Dyslexia Children/ AdultsExtra costs of study Means-testedNon means-tested

Cardiff University Bursary Household IncomeBursary received £0 - £34,000£600 £34,001 - £50,020£300 £50,021 and above£0 Bursaries of up to £600 for Welsh students have been incorporated into the Assembly Learning Grant.

Additional funding at Cardiff Care Leavers bursary Scholarships Scholarships for Welsh speakers studying some credits through medium of Welsh Emergency Loans Financial Contingency Fund Educational grants and Trusts

Student Budget Average weekly incomings & outgoings for student in Halls Sept – June OUT GOING MONEYINCOMING MONEY Hall–SC en-suite£65Maint Loan£101 Food£29ALG£64 Toiletries/laundry£6 Books/course£8 Travel (inc. travel home) £8 Phone, T.V, Insurance£10 Social/leisure£25 Clothes£10 Total£161 p/wTotal£165 p/w

How much will I have left per week? Incoming money Outgoing money £161 per week £165 per week Total left£4 per week Figures taken from a Welsh household with an annual household income of £25,000 Student funding figures from 2011/12

Money Doctors The Money Doctors initiative at Cardiff University is part of a national project aiming to improve students' financial capability, led by the Consumer Financial Education Body

Money Doctors Initiatives Cardiff University Student Support iApp Budgeting Sessions Taste Test Basket Challenge Energy Efficiency Recycle Christmas

Useful web addresses Check for updates on student funding and apply online

Contact us 50 Park Place, Cathays Park Campus nd Floor, Cardigan House, Heath Park Campus