Financial Support for Higher Education
Government financial support is available through loans, which have to be paid back, and grants and bursaries that don’t. Some student financial support depends upon your household income – that is, the income of your parents or your husband, wife or partner.
Tuition Fee Loan
You can get a Tuition Fee Loan to cover tuition fees. This has to be paid back, but not until the April after you finish or leave your course and your income is over £25,000 a year.
Tuition fees are paid directly to the College in three instalments.
The City of Liverpool College’s tuition fees are set as follows:
- Full time fees – these range from £6,313 to £7,957
- Part time fees – these range from £3,065 to £5,305.
Fees for individual courses can be found in the College’s HE Prospectus (2019/20).
Note: course fees stated in this prospectus are for each year of study. Fees for the second or third year of a foundation/ honours degree level programme may be subject to adjustment, in line with inflation.
Maintenance loans replace maintenance/special support grants for new full time students.
- The maximum maintenance support for students from low income households living away from home and studying outside London will be £8,200 a year.
- The maximum maintenance support for new students entitled to benefits living away
from home and studying outside London will be £9,347.
- Maintenance loans replace special support grants for new full time students who are entitled to welfare benefits and those aged 18 or over at the start of their course.
You have to pay it back but not until you finish or leave your course and your income is over £25,000 a year.
Extra help is available for disabled students and student parents.
For more information on additional help available, take a look at the quick guides on Disabled Students’ Allowances and Dependants’ Grants, available at: www.thestudentroom.co.uk/studentfinance.
How to Apply
When the time comes to apply, the quickest and easiest way is online at www.gov.uk/studentfinance.
You should apply as early as possible once the service opens in early 2019 to make sure your money is sorted out in time for the start of your course.
Student Loan Repayment
Repayments are taken out of your salary. The amount you repay each month is based on your income and not amount borrowed.
For more information on loan repayment, visit www.studentloanrepayment.co.uk.