HE Fees, Funding and Financial Support – 2023/24

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 University Centre’s tuition fees are set as follows:

• Full time fees: these range from £7,400 to £8,400 per year.
• Part time fees: these range from £3,698 to £5,600 per year.

Note: course fees stated are for each year of study. Fees for the second or third year of a foundation/honours degree 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 £9,978 a year.
• The maximum maintenance support for new students entitled to benefits living away from home and studying outside London will be £11,374 a year.
• Maintenance loans replace special support grants for new full-time students who are entitled to welfare benefits.

You have to pay it back but not until you finish or leave your course and your income is over £25,000 a year.

If you are studying on a HE course, you may be able to apply for a Government loan to help pay for tuition and living costs. You can also apply for a Childcare Grant to help towards your childcare costs.  The grant is on top of your other student finance and does not have to be paid back.  You can use the Arts Centre nursery or if you prefer, find a setting of your choice for your child.

Further details about eligibility, visit: https://www.gov.uk/childcare-grant

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 2023, to make sure your money is sorted out in time for the start of your course.

As from academic year 2023/24, loan repayment policies for undergraduate students in England will be changing and key facts about how repayments will work include:

• You wont have to make repayments until your income is over a set threshold, which will be 25,000 a year until April 2027
• From April 2027, the threshold is set to rise annually with inflation (RPI)
• If you study a full-time course, you will be due to start repaying from April after completing your course or leaving/withdrawing from higher education
• A 2026 graduate who starts a job with a salary of £28,000 a year, would expect to pay around £17 per month over financial year 2027-28
• If your income drops below the threshold, your repayments will stop and any outstanding balance will be written off 40 years after entering repayment
• www.gov.uk/repaying-your-student-loan/what-you-pay

The City of Liverpool College Bursary

Full time student eligibility criteria:

–   has a household income up to £25,000;
–   is in receipt of any of the following grants/allowances: Special Support Element of the Maintenance Loan; Parents’ Learning Allowance; Childcare Grant; Disabled Students’ Allowance

Part time student eligibility criteria:

–   has a household income up to £25,000;
–   is in receipt of the following grants/ welfare benefits: Disabled Students’ Allowance; Jobseeker’s Allowance; Income Support; Employment and Support Allowance; Carer’s Allowance

NB: The following students will be eligible for this support regardless of household income:

• Care Leavers
• Young Adult Carers
• Young people estranged from their family
• People from Gypsy Roma and Traveller communities
• Refugees
• Children from military families

NOTE: students fully funded by their employer or sponsor (excluding Student Finance England) are not eligible for this support.

The bursary is paid in three instalments based on students meeting on-course achievement targets and 90% attendance criteria.

1st Payment: November 2023 – £200 full-time, £100 part-time

2nd Payment:  February 2024 – £200 full-time, £100 part-time

3rd Payment:  June 2024 – £100 full-time, £50 part-time

Note: HE bursaries are paid from a limited funding source. College reserves the right to withdraw the offer of a bursary once available funding is allocated.

A small income-assessed HE hardship fund is available to offer support to students who are experiencing severe financial hardship.

STUDENT FINANCE ENGLAND (SFE):

Click here for a range of useful advice and guidance videos on student finance available for undergraduate study

Student Finance for Under Graduates overview

Student Finance Calculator for an approximation of how much student finance you are entitled to

Information for Parents/Sponsors in support of your child/partner’s student finance application

Information for Care Leavers

Information for Estranged Students

Disabled Students Allowance

Extra help (useful for students in receipt of benefits and students with dependents)

Part-time study

Find out more about funding for a further education course with an Advanced Learner Loan

Find out more about funding for Postgraduate study here

Find out more about Disabled Students Allowance here

NHS COURSES

NHS LSF Approved courses studying at English Universities:

NHS Learning Support Fund: https://www.nhsbsa.nhs.uk/nhs-learning-support-fund-lsf

INITIAL TEACHER TRAINING

Student Finance for Initial Teacher Training: https://www.gov.uk/teacher-training-funding

DFE Bursary Support for English students: https://getintoteaching.education.gov.uk/funding-and-support/scholarships-and-bursaries

STUDY ABROAD

English Students may be eligible for study abroad funding via the Turing scheme: https://www.turing-scheme.org.uk/

Scottish Students: https://www.saas.gov.uk/

Northern Irish Students: https://www.studentfinanceni.co.uk/

EU Students: Studying in the UK: guidance for EU students – GOV.UK (www.gov.uk)

International Students: UKCISA – international student advice and guidance – Studying in the UK?