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undergraduate Finance guide undergraduate Finance guide

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Page 1: undergraduate Finance guide - University of Oxfordmedia.podcasts.ox.ac.uk/offices/prospectuses/Undergraduate_Finan… · The average rent for a room in a shared house is between £350

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undergraduate Finance guide

Page 2: undergraduate Finance guide - University of Oxfordmedia.podcasts.ox.ac.uk/offices/prospectuses/Undergraduate_Finan… · The average rent for a room in a shared house is between £350

ContentsIntroduction�����������������������������������������������������������������������������������������������������������������������1How�much�will�it�cost�to�study�at�Oxford�University?�������������������������������������������������������2

Living expenses �����������������������������������������������������������������������������������������������������������������������������������������������������2Tuition fees �������������������������������������������������������������������������������������������������������������������������������������������������������������4

What�funding�is�available�from�the�UK�government?�������������������������������������������������������� �6Students loans������������������������������������������������������������������������������������������������������������������������������������������������������ 6Maintenance Grants ��������������������������������������������������������������������������������������������������������������������������������������������7Special Support Grant �����������������������������������������������������������������������������������������������������������������������������������������7

What�funding�is�available�through�Oxford�University?������������������������������������������������������8Oxford Opportunity Bursaries ��������������������������������������������������������������������������������������������������������������������������8Enhanced Bursaries ����������������������������������������������������������������������������������������������������������������������������������������������8 Financial provision from colleges��������������������������������������������������� ������������������������������������������������������������������9International student scholarships and loans �����������������������������������������������������������������������������������������������9

What�funding�is�available�for�students�who�need�specialist�support?�����������������������������10Students with disabilities ��������������������������������������������������������������������������������������������������������������������������������10Students with children �������������������������������������������������������������������������������������������������������������������������������������10Hardship funds ���������������������������������������������������������������������������������������������������������������������������������������������������11

What�if�I�have�already�attended�university?��������������������������������������������������������������������11Equivalent or Lower Qualification (ELQ) students �����������������������������������������������������������������������������������11Previous study ����������������������������������������������������������������������������������������������������������������������������������������������������11

Where�can�I�get�information�on�budgeting�for�university?����������������������������������������������12Budgeting resources �����������������������������������������������������������������������������������������������������������������������������������������12Work ���������������������������������������������������������������������������������������������������������������������������������������������������������������������12

Where�can�I�get�further�information?������������������������������������������������������������������������������13

Page 3: undergraduate Finance guide - University of Oxfordmedia.podcasts.ox.ac.uk/offices/prospectuses/Undergraduate_Finan… · The average rent for a room in a shared house is between £350

IntroductionThe cost of studying is increasingly important when considering which university to go to� We hope we have provided you with enough information here to help you with your choices and planning for your time at Oxford University�This guide is intended to provide an overview of costs and funding for those who are planning to enter Oxford University as an undergraduate in 2010. The figures are based upon the latest available, usually for the 2009/10 academic year; the University will provide updated figures on the undergraduate admissions website, www.admissions.ox.ac.uk/finance/, when these become available. Since UK government funding depends on the region where you live, namely England, Northern Ireland, Scotland, Wales, or the EU, you should also check the funding website for your region (see pages 6 and 7).Information is provided here for students from the UK (referred to as ‘Home’ students), the Channel Islands, the Isle of Man, and the rest of the EU, as well as for International students; please ensure you are reading the section relevant to you. When deciding which sections these are, please be aware of the following:

n your entitlement to support and your fee level is based on your nationality and the country where you usually live. UK passport holders are not automatically entitled to Home status. See page 4 for further details;

n Islands students are those from the Channel Islands and the Isle of Man. These students are not entitled to support from the UK governments and should apply to their own government for support. Please note Islands students are not entitled to an Oxford Opportunity Bursary. Contact details for the various education departments can be found on page 13;

n students from Norway, Iceland, Liechtenstein and Switzerland are usually considered to be International students. However, please visit www.admin.ox.ac.uk/studentfunding/fees/ for exceptions to this;

n students from outside the EU are usually considered to be International students.

Finance guide for entry in 2010 1

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How much will it cost to study at Oxford University?

We aim to provide you with enough information about what your costs are likely to be for you to plan your finances effectively. We have detailed on page 6 onwards the level of support available. The figures in this section are our estimates for the 2009/10 academic year.

Living expensesWe estimate that the total living costs will be approximately £6,800 per year living in college accommodation and approximately 30% higher living in rented accommodation. These figures are based on a single student with no dependants. Students planning to study in Oxford with their partner or family will need to make additional allowances for these family members.

Accommodation Your most expensive outgoing will be your accommodation. All colleges provide rooms for all of their first year students. Most colleges will offer accommodation for at least two years of a student’s course, and a number for the entire course. When staying in college accommodation, you generally only pay rent during term-time unless you make special arrangements to stay during the vacations. Rents vary but standard accommodation in most colleges is about £3,300 per year based on three terms. If you wish to find out more about the type of accommodation available at each college, we recommend that you view the individual college websites at www.admissions.ox.ac.uk/colleges/.Living out of college in privately rented accommodation tends to be more expensive than living in college. It usually involves sharing with other students, and it is likely that you will be required to rent for a period of 12 months. The average rent for a room in a shared house is between £350 and £450 per month (plus utility bills). Colleges have different arrangements to assist students when they live out of college; some offer a grant to help with private rental costs, whilst others own off-site halls of residence and flats. You can obtain information about finding and renting a house from the University’s Land Agent’s and Accommodation Office (see www.admin.ox.ac.uk/accommodation/ for further details) or from Oxford University Student Union (see www.ousu.org for further details).

FoodColleges typically provide three meals a day, seven days a week in the dining hall during term-time. In some colleges you pay directly for what you eat and in others you pay a fixed charge for the term. Typically, eating in college costs about £1,600 per year. In most colleges it is possible to opt out of eating in hall, and many also have basic self-catering facilities.Colleges also hold more formal dinners. These are an excellent opportunity to have a sociable meal with college friends or guests at a fraction of the cost of going out to a restaurant.

Finance guide for entry in 20102

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Course costsOxford’s library resources are outstanding and there are over 100 libraries in total. The main University library, the Bodleian, is the second largest library in the UK. This means that you may not need to spend as much on books as you might have to at other universities.All colleges and libraries have computer facilities where you can work and make use of free internet access. In many colleges you can have internet access in your own room, although a charge may apply.The amount you might spend on books, stationery, photocopying, etc., will depend on your course. However, you should allow £300–£400 per year. You should be aware that for certain subjects there are additional expenses, such as field trips, which will need to be budgeted for, although there might be financial help available from your college or department.

Social life In each college, the undergraduate body of students is termed the Junior Common Room, or JCR. The JCR Committee is responsible for ‘entz’ or student entertainment, which can include quiz and film nights, and college bops. Bops - essentially college parties - are generally free, or subsidised, meaning you will not need to spend very much to go along. Every college has a bar, which tends to be cheaper than the bars in the city centre. Oxford University Student Union works with the nightclubs in Oxford to provide two or three cheap student-only nights a week.Colleges have their own student clubs and societies and, outside of colleges, there are more than 500 student societies covering almost any interest or activity you can think of. Participation costs depend upon the activity but most charge a membership fee to cover the cost of running events for their members. The amount you spend on your social life depends on what your interests are. In our estimate of annual living costs, we have allowed £1,550 for social activities, clothes and other personal expenses.

Transport Transport costs as an Oxford student are generally very low since most departments, libraries and colleges are easy to reach on foot or by bicycle.

Other costs You may also incur some other costs which have not been included in our estimates. You should make extra allowances for one-off purchases such as a bicycle, a computer or glasses, and for travel to and from Oxford at the beginning and end of each term.International students should ensure they have taken into account flights and visa costs. You should also ensure you have made provision for any additional costs related to spending time in Oxford during the vacations if you choose not to return home.

Finance guide for entry in 2010 3

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Finance guide for entry in 20104

Tuition feesTuition fee status The rate at which you pay fees (Home/EU, Islands or International) is governed by UK government regulations. Your fee status (which decides your fee rate) is not solely based on your nationality. It also takes into account where you have been living and what you have been doing before you start your course. Generally to qualify for Home/EU fee status, you need to be an EU national and have been resident in the EU1, EEA2, Switzerland or the EU overseas territories for at least three years before the start of the course not for the main purpose of full-time education. The UK Council for International Student Affairs (UKCISA, contact details on page 13) provides useful information on the different types of student who may qualify to pay fees at the Home/EU rate. However they do not advise on individual student cases. Please note we cannot assess your fee status until you have made your application to Oxford.

Tuition fee rate

UK and EU fees for students reading for their first undergraduate degreeIn 2009, the annual university tuition fee will be £3,225. Those reading for their first undergraduate degree will not need to pay a college fee, provided they apply for government support from their regional funding agency (see page 7). (The Student Loans Company (SLC) is the regional funding agency for students from non-UK parts of the EU). You have the option of paying the fee as you go through the course or taking out a loan each year from the SLC (see page 6 for further details).

UK and EU fees for students reading for a second undergraduate degreeUK and EU nationals (and students with Home fee status) who have already completed an honours degree at a UK university, or have an equivalent qualification from an institution outside the UK, are subject to different funding regulations from those who do not already have a degree. For further information about funding arrangements please view page 11.The university tuition fees for second undergraduate degrees will range between £3,225 and £11,000 in 2009/10. Please consult www.admin.ox.ac.uk/studentfunding/ for up-to-date information on fees. Stu-dents studying for a second undergraduate degree will also be liable for college fees. See below for more details.

Islands feesThe tuition fees for students from the Channel Islands and the Isle of Man are set after discussions with the appropriate governments. The fees are substantially higher than those for Home/EU students. For details of likely fee levels please visit the student funding website www.admin.ox.ac.uk/studentfunding/fees/. Islands students are also liable for college fees. See below for more details.

Oxford college feesUK and EU students who have provided evidence that they are eligible for public support, i.e. have applied for government support for their degree, do not pay college fees; all other students pay college fees, including International students. These are payable annually alongside the university tuition fee, and vary by college. In 2008/09, most colleges charged £5,212 per year. Please contact individual colleges for further information. You should note that the college fee is payment for tuition and not payment for accommodation.

Fees adviceEmail: [email protected]/studentfunding/fees/

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International feesUniversity tuition fees for International students for the 2010/11 academic year have not yet been set but will be published on www.admin.ox.ac.uk/studentfunding/fees/ in September 2009. For information purposes only, fees for 2009 are given below.

Finance guide for entry in 2010 5

Course Fee�per�year

Archaeology and Anthropology £11,750

Biochemistry £13,450

Biological Sciences £13,450

Chemistry £13,450

Classical Archaeology and Ancient History

£11,750

Classics and English £11,750

Classics and Modern Languages £11,750

Classics and Oriental Studies £11,750

Classics £11,750

Computer Science £13,450

Earth Sciences (Geology) £13,450

Economics and Management £13,450

Engineering Science £13,450

Engineering, Economics and Management £13,450

English and Modern Languages £11,750

English Language and Literature £11,750

European and Middle Eastern Languages

£11,750

Experimental Psychology £13,450

Fine Art £13,450

Geography £11,750

History (Ancient and Modern) £11,750

History and Economics £11,750

History and English £11,750

History and Modern Languages £11,750

History and Politics £11,750

Course Fee�per�year

History of Art £11,750

History £11,750

Human Sciences £11,750

Law (Jurisprudence) £11,750

Law with Law Studies in Europe £11,750

Materials Science £13,450

Materials, Economics and Management £13,450

Mathematics and Computer Science £13,450

Mathematics and Philosophy £11,750

Mathematics and Statistics £11,750

Mathematics £11,750

Medicine3 (Pre-clinical: first three years of the course)

£13,450

Medicine3 (Clinical: final three years of the course)

£24,500

Modern Languages and Linguistics £11,750

Modern Languages £11,750

Music £13,450

Oriental Studies £11,750

Philosophy and Modern Languages £11,750

Philosophy and Theology £11,750

Philosophy, Politics and Economics £11,750

Physics and Philosophy £11,750

Physics £13,450

Physiological Sciences £13,450

Psychology, Philosophy and Physiology £13,450

Theology (BA only) £11,750

International students are also liable for college fees. Please see page 4.

1 In addition to the UK, EU countries are Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

2 EEA countries are Iceland, Liechtenstein and Norway.3 Please note that a government-imposed quota means that only seven non-EU students can be admitted on the Medicine

course each year.

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What funding is available from the government?

Mainstream government funding has three parts: loans for fees; loans for maintenance; and Maintenance Grants. You will apply for support through the agency for your region, and must apply every year of your course. Students who wish to be considered for means-tested support must choose to be financially assessed when applying for funding. If you are financially assessed your Residual Household Income (RHI) will be calculated, and this will determine the level of Maintenance Grant, if any, and loan to which you are entitled. RHI is gross household income minus a few small allowances.Even if you do not want to take out a loan from the SLC, and do not think you will qualify for a Maintenance Grant, you must still complete a funding application as this establishes your status as a student eligible for public funding. Any Home student failing to do this will be charged the full college fee. See page 4.Please note that the Maintenance Loan can be applied for during the academic year and is intended to be used for living costs, not for tuition fees. Once a student has paid their fees they cannot access the tuition fee loan.

Student loansFees You can apply for a loan for the full amount of your university tuition fees, irrespective of your RHI (see above), and it will be paid directly to the University on your behalf by the SLC.

Maintenance/Living costsIn 2009/10, the maximum loan for students living away from home is £4,950 for students from England and £4,745 for students from Northern Ireland and Wales. All students are eligible for 72% of this loan (75% for Northern Ireland and Wales), whether or not they are financially assessed; the remaining 28% (25% for Northern Ireland and Wales) is means-tested on the basis of your RHI. The amount of Maintenance Grant you receive can affect the level of Maintenance Loan to which you are entitled. In most cases, the maximum loan and grant entitlement is £6,403. All Scottish students are eligible for a minimum loan, with the remainder means-tested on the basis of your RHI. You should be aware that the minimum loan for Scottish students is much lower than that for the rest of the UK; in 2008/9 it was £890. If you receive a Students’ Outside Scotland Bursary, the level of Maintenance Loan to which you are entitled will be affected.

EU studentsIf you are from another EU country you will normally be eligible for a UK government loan to cover your tuition fees. You should contact the SLC’s EU Customer Service Team at [email protected] to apply for funding or view their website www.direct.gov.uk/studentfinance-eu/.Additionally, if you have been resident in the UK for three years or more before the start date of your proposed course, you might be eligible for the same funding as a UK student. If you think this might apply to you, please contact the regional funding agency for the area of UK in which you live (see page 7). EU students who qualify for government maintenance support (in addition to the university tuition fee loan) will also be eligible for an Oxford Opportunity Bursary (see page 8), subject to assessment of their RHI.

RepaymentIf you take out a maintenance or tuition fee loan from the SLC you do not start repaying the loan until after you graduate or leave your course, and only then when you are earning more than £15,000 per year. The loans are classed as one debt and the SLC will collect repayments via HM Revenue & Customs. For more information about repayment please visit www.studentloanrepayment.co.uk.

Finance guide for entry in 20106

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Finance guide for entry in 2010 7

Maintenance GrantsMaintenance Grants vary according to which region of the UK you live. To be eligible for a Maintenance Grant you must be financially assessed. The figures below are for 2009 entry and figures for 2010 will be published on the websites below and on our funding website www.admin.ox.ac.uk/studentfunding/, as soon as they are available.

England www.direct.gov.uk/studentfinance/Tel: 0845 300 5090 Students should apply for support through Student Finance England. If you choose to be financially assessed and your RHI is within the set income brackets you may be eligible for the Maintenance Grant.

Northern Ireland www.studentfinanceni.co.ukTel: 0845 600 0662 Students should apply for support through their Education and Library Board (ELB). If you choose to be financially assessed and your RHI is within the set income brackets you may be eligible for the Maintenance Grant.

Wales www.studentfinancewales.co.ukTel: 0845 602 8845 Students should apply for support through their Local Authority (LA). If you choose to be financially assessed and your RHI is within the set income brackets you may be eligible for the Assembly Learning Grant.

Scotland www.saas.gov.ukTel: 0845 111 1711Students should apply for support through the Student Awards Agency for Scotland (SAAS). If you choose to be financially assessed and your RHI is within the set income brackets, you might be awarded a Students’ Outside Scotland Bursary. Scottish students might also be able to access other grants through SAAS.Scottish students should be aware that the level of financial support available to them is usually lower than those from other regions of the UK. Up-to-date figures were not available at the time of publication.

Special Support GrantThe Special Support Grant is equivalent to the grants above for students who need specialist support or have been in receipt of benefits. It is calculated in the same way as the Maintenance Grant, but unlike the Maintenance Grant students in receipt of the Special Support Grant will be entitled to take out their full Maintenance Loan allowance. Please visit www.direct.gov.uk/studentfinance/ and view the information on the Maintenance Grant.

RHI Grant

£0–£25,000 £2,906

£25,000–£40,000 £2,906–£771

£40,000–£50,020 £771–£50

£50,021+ No grant

RHI Grant

£0–£18,830 £3,406

£18,830–£40,238 £3,406–£50

£40,238 + No grant

RHI Grant

£0–£18,370 £2,906

£18,370–£39,300 £2,906–£50

£39,300 + No grant

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What funding is available through Oxford University?

We are determined that, regardless of financial circumstances, the brightest students from the UK should be able to study at Oxford. We have some of the most generous funding opportunities for undergraduate students in the UK; our Oxford Opportunity Bursary scheme will provide non-repayable funding for over 2,000 of our undergraduates in 2008/09 and the number of students assisted is growing every year. Also many Oxford colleges provide their own bursaries along with other funding, and our Enhanced Bursaries offer extra financial support and links to industry.There is support available at both college and University level with dedicated officers in each college working along with a University Financial Support Office managing bursaries and hardship funds as well as providing information on government support.

Oxford Opportunity BursariesThe Oxford Opportunity Bursary can offer undergraduates up to £13,7754 of non-repayable funding for their course. You do not have to complete a separate application form to apply for the Bursary and we award the bursaries up to May of each year. This ensures that as many of our students as possible benefit from this funding.The Bursary aims to help UK students from lower income households with their living costs while at Oxford University. If you receive both the full student Maintenance Grant and Oxford Opportunity Bursary you might not need to take out a full Maintenance Loan. This means that you could potentially leave university with far less debt than you otherwise might have done. The Bursary is based upon the RHI assessment (see page 6) completed in a student’s application for government support; you and your parents/sponsor must give permission, therefore, to share this information with the University so that you can be assessed for a Bursary.

Residual Household Income Bursary Level Start-Up Payment (1st years)

£0–£18,000 £3,225 £875

£18,001–£25,000 £3,225 £0

£25,000–£50,000 £3,225–£200 £0

For further details of the scheme please view our website www.oxfordopportunity.com.

Enhanced Bursaries The University works with international companies to offer additional bursaries to Oxford Opportunity Bursary holders. Applicants must be studying one of the subjects specified by the sponsoring organisation, have an interest in the related field and excel academically. There are currently four external donors offering bursaries of £1,000 per annum for the normal length of a student’s course:

n BP, one of the world’s largest energy companies (ten awards per year) n Citi, leading global financial services company (up to thirteen awards per year) n IBM, creator of advanced information technologies (two awards per year)n Man Group, a leading alternative investment management business (up to fifteen awards per year)

Finance guide for entry in 20108

4Based upon a 2009 entrant with the maximum Bursary on a four-year course.

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Finance guide for entry in 2010 9

Enhanced Bursary holders will not only benefit from the additional financial support these awards will provide but, in some cases, students will also have the opportunity to gain invaluable experience through their relationship with the donors. For more details about the Enhanced Bursaries, including eligible subjects please visit www.oxfordopportunity.com and click on ‘More first year opportunities: Enhanced Bursaries’. Please note eligible students will be invited to apply for the Bursary in their first term at Oxford and it is not possible to apply before then.

Financial provision from collegesColleges offer additional hardship and maintenance support, study grants and academic awards, totalling more than £3 million annually. Most colleges have funding available to assist students with some providing additional bursaries, as well as grants to help with the cost of study such as book grants, assistance towards travel for academic purposes, and accommodation costs for study outside term-time. There are also awards for academic achievement such as scholarships, exhibitions and tutorial prizes which can have a financial prize attached.Please view the individual college websites for further details of funding available via www.admissions.ox.ac.uk/colleges/.

International student scholarships and loansInternational students will generally not receive any government funding and they should ensure they have enough funds to complete their course. A limited number of scholarships are available for International undergraduate students and further details can be found by using the funding search available at www.admin.ox.ac.uk/studentfunding/. You should note that these awards are highly competitive.You should first apply to Oxford and then complete a separate application form for scholarships in the January and February before the start of your course, once you have received an offer letter.

Dulverton Scholarships: for students from Central and Eastern Europe

Hill Foundation Scholarships: for students from Russia undertaking a period of study at Oxford before returning to develop careers in their home country

Noon/Oxford/OCSKET Scholarships: for students from Pakistan

Raffy Manoukian Scholarships: for Armenian nationals or those of Armenian descent

Reach Oxford Scholarship: for students from low-income countries who, for political or financial reasons, cannot study for a degree in their own country

US loans In addition to the scholarships, students from the US are able to apply for federal student loans to help with the cost of living. These are administered centrally by the Graduate Student Funding Team and further information can be found at www.admin.ox.ac.uk/studentfunding/us_loans/.

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Finance guide for entry in 201010

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Please note that government funds are only available to UK students, but University funds are available to all students.

Students with disabilitiesGovernment fundsThe Disabled Students’ Allowance (DSA) provides funding for extra costs arising during study as a result of disability. The amount awarded is determined by an assessment of need, not income. You should contact your regional funding agency for further details. UK students can also apply to the Access to Learning Fund (ALF, see page 11) for disability related costs not covered by DSA. The government provides a booklet on help for students with disabilities called Bridging the Gap, which can be obtained by calling the freephone number 0800 731 9133, textphone 0800 328 8988, or viewed on the website www.direct.gov.uk/studentfinance/.

University fundsThe University’s Southern Trust Fund supports students who require specialist equipment or other assistance because of their disability. Grants can be awarded to students applying to Oxford, to fund, for example, the provision of support and travel costs, but are not normally considered in retrospect.Further information can be found through our Equality and Diversity Unit which has dedicated Disability Officers:Disability Advice ServiceTel: 01865 289 830 | Email: disability@admin�ox�ac�ukwww.admin.ox.ac.uk/eop/disab/

Students with childrenGovernment fundsUK undergraduates with children are classed as independent students, therefore only their own income and that of any partner is taken into account when being assessed for support by the funding agencies. Students with children are eligible to apply for the Parents’ Learning Allowance and the Childcare Grant, although in order to qualify for a Childcare Grant, students must be paying for registered childcare. You should contact your regional funding agency (details on page 7) or visit www.direct.gov.uk/studentfinance/.You may also be eligible for Child Tax Credits from HM Revenue & Customs. To find out more, telephone 0845 300 3900 or visit www.hmrc.gov.uk/taxcredits/.

University assistanceThe University has a number of subsidised nursery places, a subsidised play scheme, and a variety of funding options for students with children. UK students can apply to the ALF for extra financial help and all students are also eligible to apply to the University’s Childcare Relief Fund, which makes awards to assist with the cost of emergency childcare provision. For both funds the level of award takes into account the financial circumstances of the applicant.Childcare Office Tel: 01865 289 841 | Email: [email protected]/eop/child/

What funding is available for students who need specialist support?

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Finance guide for entry in 2010 11

Hardship fundsHardship funding is available to students who find themselves in unexpected financial difficulty whilst studying at Oxford. As well as the funding detailed below, colleges might also have hardship funds.

Access to Learning FundThe Access to Learning Fund is a government fund for students who require extra help to meet the living costs, which provides a maximum of £3,500 in exceptional circumstances. Before applying, you must have taken your maximum student loan entitlement.

University Hardship FundThis Fund aims to help UK, Islands, EU and International students who find themselves in unforeseen financial hardship after commencing their course. The size of awards, which can be grants or loans, can vary between £100 and £3,000.

Equivalent or Lower Qualification (ELQ) studentsELQ students are those who are undertaking a qualification that is equivalent to, or of a lower level than, one which they already hold.If you hold a Higher National Diploma or Foundation Degree you should not be affected but you should check with your regional funding agency that you will be funded throughout your course.If you currently hold a BA, BSc, or postgraduate qualification you will not normally be eligible for any government support for a further undergraduate course and will have to pay higher fees, please see page 4. In addition to being ineligible for student loans and Maintenance Grants you will also be ineligible for an Oxford Opportunity Bursary.Regulations concerning ELQ students do not affect Graduate Entry Medical students.

Previous studyIf you have already attended a UK university but did not complete your course you should contact your regional funding agency and check what funding entitlement you have remaining. Contact details are on page 7.

What if I have already attended university?

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Where can I get information on budgeting for university?

Students who are not from the UK studying for their first undergraduate degree should ensure that they have enough funding for the length of their course before commencing their studies at Oxford. Students will be expected to provide evidence and complete a financial guarantee demonstrating how their course will be funded.Although the University is sympathetic to students who face unforeseen difficulties, it cannot provide assistance to those who commence their studies without having made adequate provision for the entire length of their course. However, if you do find yourself in unforeseen financial difficulties after you start studying at Oxford, the University will aim to help you. You will find that there are members of staff in college who can give you advice on money management. Advice is also available from Oxford University Student Union (www.ousu.org).

Budgeting resourceswww.uniaid.org.uk An interactive website providing general advice and a student calculator.

http://unimoney.direct.gov.uk/ Tel. 0800 587 8500 Film about student funding available to view on the website.

www.ucas.com/students/studentfinance/managing_money/ The UCAS website provides general advice on money management, student bank accounts and a budget calculator.

www.nus.org.uk/Student-Life/Money-and-Funding/ General advice on saving money, discounts available to students and specialist information about areas such as income tax.

www.admissions.ox.ac.uk/finance/ A government support and living costs calculator that can be accessed via our admissions pages.

WorkDuring term-time you will have very little time to take on even a part-time job in addition to your studies and other activities. However, there are opportunities to do a limited amount of paid work within colleges. The summer holiday is at least three months long, which gives you time to earn money and gain valuable work experience. The University Careers Service has plenty of information about opportunities available (www.careers.ox.ac.uk). In the Christmas and Easter breaks, which are each six weeks long, you should have time for some part-time work, but you will need to prioritise your studies and ensure you have also time to relax and enjoy yourself.If you are an International student you will need to ensure that any employment you do take on does not break any conditions associated with your visa. For visa and immigration advice, please contact the International Student Advisory Service at [email protected].

Finance guide for entry in 201012

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Finance guide for entry in 2010 13

Where can I get further information?

Funding at Oxford www.admin.ox.ac.uk/studentfunding/

Oxford University Student Union www.ousu.org Tel: 01865 288 450

Student finance Direct Gov www.direct.gov.uk/studentfinance/

Student loansStudent Loans Company www.slc.co.uk Tel: 0845 026 2019

General advice

International students

British Council www.educationuk.org

Oxford University’s International Student Advisory Service www.admin.ox.ac.uk/io/

Scholarships www.scholarship-search.org.uk

UK Council for International Student Affairs www.ukcisa.org.uk

Channel Islands and the Isle of Man

Jersey www.gov.je/educationtraining/furtherhighereducation/

Guernsey, Alderney and Sark www.education.gg

Isle of Man www.gov.im/education/

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Study at Oxford University with a bursary of up to £13,775*

*£13,775 is based upon a 2009 entrant studying a four year course receiving the maximum bursary in each year of their course.

Produced by the University of Oxford Public Affairs DirectoratePhotos by Greg Smolonski 03

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Undergraduate Admissions Office University Offices Wellington Square Oxford OX1 2JD

Tel: 01865 288000 Fax: 01865 280125 Email: [email protected] Web: www.admissions.ox.ac.uk

Contact details:

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