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What About Money?

Help on money matters from the UK financial watchdog.

www.whataboutmoney.info

Next Steps

  • Directgov - Part of the Directgov website offering students information on costs, fees and help from the Government.
  • UCAS - The UK central organisation through which applications are processed for entry to higher education courses at universities and colleges.
  • Student Loans Company - The Government-owned Student Loans Company administers student financial support to eligible students in higher education in the United Kingdom.
  • Student Awards Agency for Scotland - The Student Awards Agency for Scotland deals with financial support and gives advice to eligible Scottish students in higher education throughout the United Kingdom.
  • Uniaid - Charity that helps with student finance

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Studying outside of England

Universities and colleges in Wales, Scotland and Northern Ireland have different fee structures to England. Check out the latest for 2009/10.

Wales

  • Fees of up to £3,225.
  • If you normally live in Wales and study at a higher education institution in Wales, you will be entitled to a non-means tested grant of up to £1,940 (regardless of family income).
  • Every full-time higher education student, regardless of where you come from in the UK, will be considered for a means-tested Welsh bursary of a minimum of £310 a year. You will only get this if you're getting the maximum Assembly Learning Grant or equivalent (up to £2,906) and have signed the 'consent to share' section of the student finance application form.

Scotland

  • Scotland has a flat fee of £2000 up until 2009/10 (typical degree courses last for four years).
  • If you are a full time student studying in Scotland you do not have to pay fees as they are paid by the Students Awards Agency for Scotland (SAAS).
  • If you are not eligible for fee support and you are staying in Scotland, you will pay a flat fee of £1,225. If you are going to the rest of the UK you will have to pay your own fees including the increased fee levels.
  • If you are studying in Scotland and coming from elsewhere in the UK, your annual fee will increase to £1,775, unless you are doing medicine when the fee will be £2,875. This can be paid back after you graduate through a student loan.
  • Those from low-income backgrounds may also be eligible for a bursary, under the Young Student's Bursary scheme. This is worth up to a maximum of £2,575.

If you are a full time Scottish student studying in England, Wales or Northern Ireland:

  • You can apply to SAAS for a loan to cover the cost of fees at institutions in the rest of the UK;
  • Your loan is not assessed on your family's income, unlike loans for UK students;
  • You will repay your loan after you finish your course and start earning over £15,000 a year;

Northern Ireland

  • The fees are variable and will be charged up to £3,225 (academic year 2009/10).

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