1. Achievement for All
SIXTH FORM
NEXT STEPS EVENING

2. Support for students and parents Student finance
TONIGHT
Options
University?
Support for students and parents
Student finance

3. OPTIONS
UNIVERSITY
WORK WITH STUDY
WORK WITHOUT STUDY
GAP
YEAR

4. UNIVERSITY TO GO OR NOT TO GO? FOR AGAINST Improved future prospects
The cost/ avoid debt
To follow an interest or passion
Want to start a career/ Had enough of studying
Broaden horizons
Not the right sort of person
Social life!
Not an academic high flier

5. How to apply successfully?
UNIVERSITY DECISIONS
What to study?
Where to study?
How to apply successfully?

6. SUPPORT

7. How do students apply? Online
SUPPORT
How do students apply?
Online
Parents are not required to fill in any part of the form
Tutors help students with every stage of the process

8. SUPPORT
What is the process?
Students begin to fill in their forms in tutorial periods
Form tutors there to help
Our internal deadline is 23rd October
This deadline CANNOT be missed for courses at Oxbridge or courses in Medicine, Veterinary Science, Dentistry or Law
The sooner the better!

9. The application form Personal information Education Employment
SUPPORT
The application form
Personal information
Education
Employment
5 university course choices
Personal Statement
Reference – information provided by subject teachers, written by the Form Tutor

10. SUPPORT
What is the process?
Once forms are submitted, universities will begin to reply through ‘Track’
Universities have until the end of March to make ‘offers’
Once students have received all offers, they can reply with their choices
One firm choice, one insurance choice
Students have until the beginning of May to make their final choices

11. SUPPORT
What comes next?
A lot of hard work to get the results that are needed!

12. SUPPORT
What if I get no offers?
Don’t panic!
UCAS Extra
Clearing

13. What if I do better than expected?
SUPPORT
What if I do better than expected?
An unlikely scenario!
Can change university/course through Adjustment
Extremely limited time period

14. How can parents/carers help?
SUPPORT
How can parents/carers help?
Discuss options and potential courses/universities and encourage visits to Open Days
Visit ucas.com- Parents section
Encourage participation in extra-curricular activities
Ensure full attendance to tutorial period so that mini deadlines are met

15. FINANCE

17. Overview What financial support is available? Scholarships & bursaries
Repaying student loans
When & how to apply?

18. Costs of university - full-time courses
Tuition Fees:
Full-time Undergraduate degree courses maximum £9,250
Foundation Year: £9,250
Placement Year: £1,850
Students do not have to pay upfront for tuition fees
Living Costs:
Accommodation, food, social, travel etc.
On average £7,500 - £8,500 (living away from home)
£3,000- £3,500 (living at home)

19. What financial help is available?
* Dependent on Household Residual Income (HRI)

20. How will students be assessed?
“Household Residual Income” is……….
The joint, gross, taxable income of parent(s),
guardian(s), step-parent with whom you live
Based on previous financial year
(N.B. if change in financial circumstances, can be assessed on
current year)
Student’s income (earned) is not taken into account
Minus allowances for:
Any private pension fund payments
Any business / professional costs on which parents can claim tax relief
Any other child fully dependent on parents
The joint gross taxable income of parent(s), guardian(s), step-parent or partner with whom you live
Independent learners (Aged 25 or over, married, have children living with you, 3 years financially independent of parents or living in care, or estranged) – you (and your partner’s income) is assessed. May be entitled to full amount of support.
If you’re supporting an application for student finance that depends on household income, SFE will need details of your taxable income and National Insurance number.
If you’re the parent of a student and live with your partner, they’ll also have to give us details of their taxable income and National Insurance Number.
Taxable earned income includes*:
wages, salaries, tips, and other taxable employee pay
long-term disability benefits received prior to minimum retirement age
net earnings from self-employment
Taxable unearned income includes*:
interest from savings (only the annual summary is required)
benefits and pensions
rent from property or a room
Deduction of £1,130 per dependent child

21. Tuition Fee Loan – for all students
No one has to pay fees ‘up front’
Up to £9,250 to cover the cost of Tuition Fees
Paid straight to the University by the Student Loan Company
Repayments start April after graduation and earnings over £25,725
Entitlement not based on household income

22. Maintenance Loan – for all students
Studying location
Maximum amounts
Living at parental home
Up to £7,529
Living elsewhere (not London)
Up to £8,944
Living elsewhere (London)
Up to £11,672
Receive 3 instalments: Sept, Jan & April
Repayments start April after graduation and earnings over £25,725
Entitlement is based on household income

23. Students living at parental home – Maximum loan £7,529
Household income
£ per year
Maximum Maintenance Loan
Maximum Tuition Fee Loan
Maximum Borrowed (excluding interest)
25,000
7,529
9,250
16,779
30,000
6,895
16,145
35,000
6,260
15,510
40,000
5,626
14,876
42,875
5,261
14,511
45,000
4,991
14,241
50,000
4,357
13,607
55,000
3,722
12,972
58,215+
3,314
12,564

24. Students living elsewhere – Maximum loan £8,944
Household income
£ per year
Maximum Maintenance Loan
Maximum Tuition Fee Loan
Maximum Borrowed (excluding interest)
25,000
8,944
9,250
18,194
30,000
8,303
17,553
35,000
7,661
16,911
40,000
7,019
16,269
42,875
6,650
15,900
45,000
6,377
15,627
50,000
5,735
14,985
55,000
5,093
14,343
60,000
4,452
13,702
62,215+
4,168
13,418

25. Scholarships & Bursaries – for some students
Many universities and colleges offer financial support to their students through bursaries and scholarships
Bursaries:
Linked to personal circumstances and often household income
Awards can include fee waivers or cash
Scholarships:
Can be linked to academic results or outstanding ability in an area such as sport, music or art
Can be subject specific and are limited in numbers

26. Scholarships & Bursaries – for some students
MMU Student Support Package
A support package is available to full-time undergraduate students where household incomes are £25,000 pa or less
Split across three years: £750 in each year
Includes Foundation Year & integrated Master’s degrees
Details of how the Student Support Package is paid are available on our website

27. Scholarships & Bursaries – for some students
Care Leavers Bursary - cash bursary of £1,000
Sports Scholarships - A financial contribution available depending on the athlete
First Generation - £1000 bursary & other support. The scheme is aimed at students from families whose parent(s) or guardian(s) did not go to university, who live and study at a college in the Greater Manchester area and are currently in Year 12 studying a Level 3 qualification (A Levels/BTEC etc.)
Alumni Scholarships - non-repayable scholarships worth £1,000 each to benefit talented students in their first year of study
Manchester School of Art Credit* - A £200 non-repayable bursary for students studying a practice-based course (*to be confirmed for 2019 entry)

28. Additional funding – for some students
Disabled Students Allowance
Non-repayable, non-income assessed
Can help with the cost of additional study related support
University Support Fund
Provides help for students through a range of schemes including Day to Day Support and Accommodation Fee Support.
The fund is discretionary so whether or not you get an award depends on your individual circumstances
Learning Support Fund (NHS students) offers support for:
Practice placement travel and/or temporary accommodation costs
students experiencing financial hardship

29. Additional funding options:
Parental Support
Gap Year work
Additional sources
Company Sponsorship
Part-time work

30. Paying back loans
Begin the April after finishing course as long as your earnings exceed £25,725
If earnings fall below £25,725 or you cease working, repayment stops
Any debt left after 30 years is written off
Interest is applied to loans - Variable rate applied depending on earnings
Early repayments can be made at any time (with no penalty) if a
student wants to reduce their loan balance early. i

31. Annual income before tax (Gross)
Repaying student loans
Annual income before tax (Gross)
Monthly Repayment
(Approx)
£25,000 £0
£27,000
£10
£29,500
£28
£31,000
£40
£33,000
£55
£35,000
£70
£40,000
£107

32. Applying for Student Finance
Via Student Finance England
Apply online from February 2020 onwards for student finance.
Students do not need a confirmed place to apply – simply put down their first choice & amend online if needed
Deadline by which to apply – likely to be end of May 2020
Students and sponsors (e.g. parents) can register & apply in one session
Can access an online calculator to work out estimated entitlement
Make a note of account log-in details & keep them safe
Agree to share information from their application – important for bursaries and scholarships
Make sure any evidence and info needed to support their application is supplied first time
Submit an application even if there’s a delay in getting sponsor income details so some funding will be available when start their course

33. Find out more: Package & also videos on student finance:
MMU Website: for information on MMU’s fees, Student Support
Package & also videos on student finance:
Student Finance England: to make an application
Customer Helpline:
Student Loans Repayment:
Advice on finance & budgeting:

34. Recruitment & Admissions
Any questions?
Debra Worthington
Recruitment & Admissions