University Finance 2015

Amanda Hall

Overview

Tuition FeesStudent Loans:

Tuition Fee LoanLiving Cost Loan

Government Maintenance GrantBrunel Financial Support

Tuition Fees 2015Fees can be set between £6,000 and £9,000 per yearBrunel will charge £9,000 for all UG full-time courses£1,000 for placement year of sandwich course£6,000 (£3,000 fee waiver) for Yr 4 of MEng and MMath coursesNo upfront fee to pay

Student Loans 2015Tuition Fee Loan

To cover the cost of your feesPaid directly to the University

Living Cost LoanTo cover your day to day living costsThe amount you get is means tested on your parents/household incomePaid in three instalments in September, January and April into your bank account

All eligible students can apply for a loan

The amount you receive is means tested on your parents/household income

Max annual loan Min annual loan

In London (Brunel) £8,009 £5,205Outside of London £5,740 £3,731Living at home £4,565 £2,967

Living Cost Loan 2015

How do I repay my Student Loans?Through the tax system from April following GraduationOnly start repaying once you earn over £21,000 (take 9% of earnings above this)

£25,000 salary repay £30 per month£35,000 salary repay £105 per month

Loan interest rates:Whilst studying: RPI + 3%Less than £21,000: RPI£21,000 - £41,000: RPI + up to 3%Over £41,000: RPI + 3%

The Government will write off any Student Loans that are left unpaid after 30 years

Maintenance Grant 2015Helps with living costs such as food, accommodation and travelNon-repayableFull grant of £3,387 per year if household income is up to £25,000Partial grant of between £50 and £3,387 per year if household income is between £25,001 and £42,620

Living Cost Support 2015Studying in London (Brunel)Gross

Household Income (£)

Non-Repayable Grant (£)

Living Cost Loan (£) Total Annual Grant and Loan Income (£)

25,000 3,387 6,316 9,70330,000 2,441 6,789 9,23035,000 1,494 7,262 8,75640,000 547 7,736 8,28342,620 50 7,984 8,03442,875 0 8,009 8,00945,000 0 7,788 7,78850,000 0 7,267 7,26755,000 0 6,745 6,74560,000 0 6,224 6,22465,000 0 5,702 5,70269,766 0 5,205(+) 5,20570,000 0 5,205 5,205

Additional SupportDisabled StudentsIf you have a disability, long-term health condition, mental health condition or specific learning difficulty (e.g. dyslexia) you can apply for:• Disabled Students’ Allowance• Access to Learning Fund• You may also qualify for disability related benefits

Students with Children or Dependent AdultsYou can apply for:• Childcare Grant - full-time students only• Parents’ Learning Allowance - full-time students only• Adult Dependants’ Grant - full-time students only• Access to Learning Fund• Child Tax Credit

Brunel Financial Support 2015Over 300 scholarships are available in 2015 for full time students

A range of support is available including:Academic Excellence ScholarshipsBrunel BursaryScholarships for Local StudentsAlumni Scholarship

Other Scholarships and Awards include: Placement ScholarshipCare Leaver BursarySport & Music AwardsUrban ScholarshipsMaths & Engineering Scholarships

Brunel Financial Support 2015

Academic Excellence ScholarshipsUp to 30 students£6,000 cash or fee waiver per year3 A-levels grades AAA or above IB 35 points or above BTEC Extended Diploma D*D*D*Make Brunel University ‘Firm’ choice through UCASComplete scholarship application by 31 January 2015 including a personal statement

Brunel Financial Support 2015

Brunel Bursary Up to 300 students£3,000 cash over Year 1, 2 and 3Make Brunel University ‘Firm’ choice through UCASNo application requiredHousehold income up to £25,000 and under-represented groups in Higher Education

Brunel Financial Support 2015Scholarships for Local Students

Up to 30 students£6,000 cash or fee waiver per year3 A-levels grades AAA or above IB 35 points or above BTEC Extended Diploma D*D*D*Attend a school/college in local six West London boroughs (Brent, Ealing, Hammersmith & Fulham, Harrow, Hillingdon, Hounslow)Make Brunel University ‘Firm’ choice through UCASNo application requiredUnder-represented groups in Higher Education

Top 5 successful candidates for this scholarship will receive £6,000 cash per year from donations by Brunel University Alumni

ApplyingFor Government Loans and Grants www.gov.uk/studentfinance from early 2015For Brunel support www.brunel.ac.uk/ugfunding Deadlines:

May 2015 for Government supportCheck each Brunel Scholarship for details.

Take extra money for the start of termOpen a student bank account before you arrive

BudgetingPart-Time Work

Sandwich Courses

University Scholarship

Living Cost Loan and Grant

Personal Savings and Parental Contribution

Student Bank Account

Monthly Student ExpenditureLondon Area

AccommodationOn campus £400 - £520Off campus £350 - £450

Bills £25Mobile Phone £40Food £150Travel £30Books/Equipment £15Clothes £50Hobbies £10Socialising £100TOTAL: £850 - £900

Why Brunel?

www.brunel.ac.uk/ugfunding01895 267267

Campus Based: everything in one place

First-rate teaching

Best UK Careers and Placements Service

All round student satisfaction

Social Work BursariesUndergraduate Social Work students may be eligible for a bursary in years 2 & 3:

Help with living costs and tuition feesDoesn’t have to be paid backNon-means tested against your household incomePaid in 3 instalments

The amount you get depends on:Where you studyWhether you study full or part-timeThe cost of your tuition

NHS Funding

Full-time NHS students can apply for:

Bursary from NHS (to cover the cost of tuition fees)Grant from NHSMaintenance Loan from Student Finance England

www.gov.uk/nhs-bursaries

NHS FundingNHS bursary depends on:

Where you live

Your course: NHS funded place on a full time course which leads to professional registration (i.e. Occupational Therapy and Physiotherapy)

Your household income

Previous funding

The Grant and the Maintenance Loan are not dependent on your household income but the bursary is.

Maintenance Loan depends on:

Where you live

Whether you’re in the final year of your course (when you get less)

Length of course